ProceduresGovernment

Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers

Código 611030 (Harmonized System 2012 by 6 digits)

 2023: US$681M, Total Trade Exchange

2023: US$295M, International Sales

  2023: US$386M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers was US$681M.

In 2023, the states with the most international sales in Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers were Baja California (US$134M), Tamaulipas (US$46.7M), Puebla (US$35.7M), Campeche (US$16.2M), and Yucatán (US$12.1M).

The states with the most international purchases in 2023 were Ciudad de México (US$136M), Baja California (US$130M), Tamaulipas (US$35.2M), Estado de México (US$32.8M), and Jalisco (US$17.6M).

In 2023, the main commercial destinations of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers were United States (US$266M), Canada (US$11.4M), Netherlands (US$4.07M), El Salvador (US$3.78M), and Belize (US$2.43M).

The main commercial origins of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers in 2023 were China (US$201M), Vietnam (US$33.3M), Bangladesh (US$31.8M), Honduras (US$23M), and El Salvador (US$17.4M).

In the global context, the main exporting countries of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers in 2022 were China (US$10.4B), Bangladesh (US$3.17B), and Vietnam (US$2.05B). In the same year, the main importing countries of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers were United States (US$6.14B), Germany (US$3.09B), and Japan (US$2.52B).

Trade Balance of Mexico

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Net Trade Balance

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US$681M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers in Mexico (including international purchases and sales) was US$681M.

The visualizations show the net balance of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers 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$59.3M, International Purchases
  • US$33.8M, International Sales

In November 2024, international sales of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers were US$33.8M, while international purchases reached US$59.3M. The above results in a trade balance of -US$25.4M.

Market Concentration

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2024-Q4: US$55.5M, International Sales

The visualization shows the quarterly concentration of international sales of Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers at state level.

In the fourth quarter of 2024, international sales were US$55.5M, being the states with the most sales Baja California (US$40.1M), Tamaulipas (US$7.35M), and Puebla (US$2.54M).

Exchange by Territory

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International Sales

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Baja California: US$134M, State with the Most International Sales (2023)

United States: US$266M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers were Baja California (US$134M), Tamaulipas (US$46.7M), Puebla (US$35.7M), Campeche (US$16.2M), and Yucatán (US$12.1M).

In 2023, the countries with the most international purchases from Mexico were United States (US$266M), Canada (US$11.4M), Netherlands (US$4.07M), El Salvador (US$3.78M), and Belize (US$2.43M).

International Purchases

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Ciudad de México: US$136M, State with the Most International Purchases (2023)

China: US$201M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers were Ciudad de México (US$136M), Baja California (US$130M), Tamaulipas (US$35.2M), Estado de México (US$32.8M), and Jalisco (US$17.6M).

The countries with the most international sales to Mexico in 2023 were China (US$201M), Vietnam (US$33.3M), Bangladesh (US$31.8M), Honduras (US$23M), and El Salvador (US$17.4M).

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 Synthetic or Artificial Fibers  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 Synthetic or Artificial Fibers. 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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  • 0.7%, Mexican share in global exports - 2022
  • 1.26%, Mexican share in global imports - 2022

The visualizations show the global market for Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers. 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 Synthetic or Artificial Fibers were China (US$10.4B), Bangladesh (US$3.17B), and Vietnam (US$2.05B). In the same year, the main importing countries for Sweaters "Sweaters", "Pullovers", Cardigans, Waistcoats and Similar Articles., Knitted Synthetic or Artificial Fibers were United States (US$6.14B), Germany (US$3.09B), and Japan (US$2.52B).