ProceduresGovernment

Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear)

Código 620411 (Harmonized System 2012 by 6 digits)

2011: US$2.38k, International Sales

  2023: US$30.5k, International Purchases

In 2008, the states with the most international sales in Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) were Ciudad de México (US$798).

The states with the most international purchases in 2023 were Ciudad de México (US$30.5k).

In 2008, the main commercial destinations of Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) were Italy (US$480), Canada (US$160), and Spain (US$158).

The main commercial origins of Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) in 2023 were China (US$19.1k), Romania (US$5.5k), Italy (US$5.23k), Turkey (US$384), and United States (US$230).

In the global context, the main exporting countries of Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) in 2022 were Burma (US$22.6M), United Kingdom (US$7.08M), and Italy (US$6.98M). In the same year, the main importing countries of Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) were Netherlands (US$7.54M), Japan (US$6.97M), and Belgium (US$5.04M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.

Net International Trade

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September, 2023: US$1.87k, International Purchases

In September 2023, international sales of Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) were US$0, while international purchases reached US$1.87k. The above results in a trade balance of -US$1.87k.

Exchange by Territory

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International Sales

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Ciudad de México: US$798, State with the Most International Sales (2008)

Italy: US$480, Main commercial destination (2008)

In 2008, the states with the highest international sales in Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) were Ciudad de México (US$798).

In 2008, the countries with the most international purchases from Mexico were Italy (US$480), Canada (US$160), and Spain (US$158).

International Purchases

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Ciudad de México: US$30.5k, State with the Most International Purchases (2023)

China: US$19.1k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) were Ciudad de México (US$30.5k).

The countries with the most international sales to Mexico in 2023 were China (US$19.1k), Romania (US$5.5k), Italy (US$5.23k), Turkey (US$384), and United States (US$230).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear). On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.

Origins and Trade Destinations

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  • 0.027%, Mexican share in global exports - 2022
  • 0.087%, Mexican share in global imports - 2022

The visualizations show the global market for Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear). In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2022, the main exporting countries of Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) were Burma (US$22.6M), United Kingdom (US$7.08M), and Italy (US$6.98M). In the same year, the main importing countries for Suits of Wool or Fine Animal Hair, Knitted or Crocheted (Excl. Knitted or Crocheted, Ski Overalls and Swimwear) were Netherlands (US$7.54M), Japan (US$6.97M), and Belgium (US$5.04M).