ProceduresGovernment

Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats)

Código 611090 (Harmonized System 2012 by 6 digits)

 2023: US$3.16M, Total Trade Exchange

2023: US$966k, International Sales

  2023: US$2.19M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) was US$3.16M.

In 2023, the states with the most international sales in Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) were Baja California (US$921k) and Ciudad de México (US$32.9k).

The states with the most international purchases in 2023 were Ciudad de México (US$1.36M), Baja California (US$787k), Baja California Sur (US$15.9k), and Estado de México (US$928).

In 2023, the main commercial destinations of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) were United States (US$909k), El Salvador (US$25.7k), Italy (US$15k), Spain (US$3.14k), and Chile (US$1.2k).

The main commercial origins of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) in 2023 were China (US$1.1M), Italy (US$470k), Sri Lanka (US$201k), Hong Kong (US$81.5k), and Bangladesh (US$63.6k).

In the global context, the main exporting countries of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) in 2022 were China (US$395M), Pakistan (US$207M), and Italy (US$201M). In the same year, the main importing countries of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) were United States (US$310M), United Kingdom (US$206M), and France (US$111M).

Trade Balance of Mexico

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Net Trade Balance

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US$3.16M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) in Mexico (including international purchases and sales) was US$3.16M.

The visualizations show the net balance of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) 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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November, 2024

  • US$375k, International Purchases
  • US$74.5k, International Sales

In November 2024, international sales of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) were US$74.5k, while international purchases reached US$375k. The above results in a trade balance of -US$300k.

Market Concentration

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2024-Q4: US$135k, International Sales

The visualization shows the quarterly concentration of international sales of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) at state level.

In the fourth quarter of 2024, international sales were US$135k, being the states with the most sales Baja California (US$128k) and Ciudad de México (US$6.86k).

Exchange by Territory

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International Sales

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Baja California: US$921k, State with the Most International Sales (2023)

United States: US$909k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) were Baja California (US$921k) and Ciudad de México (US$32.9k).

In 2023, the countries with the most international purchases from Mexico were United States (US$909k), El Salvador (US$25.7k), Italy (US$15k), Spain (US$3.14k), and Chile (US$1.2k).

International Purchases

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Ciudad de México: US$1.36M, State with the Most International Purchases (2023)

China: US$1.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) were Ciudad de México (US$1.36M), Baja California (US$787k), Baja California Sur (US$15.9k), and Estado de México (US$928).

The countries with the most international sales to Mexico in 2023 were China (US$1.1M), Italy (US$470k), Sri Lanka (US$201k), Hong Kong (US$81.5k), and Bangladesh (US$63.6k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats). 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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  • 0.062%, Mexican share in global exports - 2022
  • 0.55%, Mexican share in global imports - 2022

The visualizations show the global market for Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats). 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 Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) were China (US$395M), Pakistan (US$207M), and Italy (US$201M). In the same year, the main importing countries for Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted or Crocheted, of Textile Materials (Excl. of Wool or Fine Animal Hair, Cotton and Man-Made Fibers, as well as Padded Waistcoats) were United States (US$310M), United Kingdom (US$206M), and France (US$111M).