Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning
Código 5503 (Harmonized System 2012 by 4 digits)
2023: US$227M, Total Trade Exchange
2023: US$24.4M, International Sales
2023: US$203M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning was US$227M.
In 2023, the states with the most international sales in Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning were Baja California (US$1.33M), Querétaro (US$879k), Ciudad de México (US$674k), Nuevo León (US$502k), and Puebla (US$98.8k).
The states with the most international purchases in 2023 were Ciudad de México (US$57.7M), Estado de México (US$25.8M), Puebla (US$20.3M), Jalisco (US$17.9M), and San Luis Potosí (US$16.3M).
In 2023, the main commercial destinations of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning were United States (US$2.88M), Honduras (US$280k), Guatemala (US$204k), El Salvador (US$129k), and Canada (US$57.9k).
The main commercial origins of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning in 2023 were United States (US$58.7M), China (US$30.1M), Taiwan (Republic of China) (US$24.1M), Vietnam (US$18.6M), and South Korea (US$16.3M).
In the global context, the main exporting countries of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning in 2022 were China (US$1.62B), South Korea (US$1.19B), and Thailand (US$605M). In the same year, the main importing countries of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning were United States (US$979M), Germany (US$582M), and China (US$482M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$227M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning in Mexico (including international purchases and sales) was US$227M.
The visualizations show the net balance of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning 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
#permalink to sectionJuly, 2024
- US$20.8M, International Purchases
- US$2.14M, International Sales
In July 2024, international sales of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning were US$2.14M, while international purchases reached US$20.8M. The above results in a trade balance of -US$18.7M.
Market Concentration
#permalink to section2024-Q3: US$28.1k, International Sales
The visualization shows the quarterly concentration of international sales of Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning at state level.
In the third quarter of 2024, international sales were US$28.1k, being the states with the most sales Chihuahua (US$28.1k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$1.33M, State with the Most International Sales (2023)
United States: US$2.88M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning were Baja California (US$1.33M), Querétaro (US$879k), Ciudad de México (US$674k), Nuevo León (US$502k), and Puebla (US$98.8k).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.88M), Honduras (US$280k), Guatemala (US$204k), El Salvador (US$129k), and Canada (US$57.9k).
International Purchases
#permalink to sectionCiudad de México: US$57.7M, State with the Most International Purchases (2023)
United States: US$58.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning were Ciudad de México (US$57.7M), Estado de México (US$25.8M), Puebla (US$20.3M), Jalisco (US$17.9M), and San Luis Potosí (US$16.3M).
The countries with the most international sales to Mexico in 2023 were United States (US$58.7M), China (US$30.1M), Taiwan (Republic of China) (US$24.1M), Vietnam (US$18.6M), and South Korea (US$16.3M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.46%, Mexican share in global exports - 2022
- 2.64%, Mexican share in global imports - 2022
The visualizations show the global market for Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning. 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 Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning were China (US$1.62B), South Korea (US$1.19B), and Thailand (US$605M). In the same year, the main importing countries for Synthetic Fibers, not Carded, Combed or otherwise Processed for Spinning were United States (US$979M), Germany (US$582M), and China (US$482M).