ProceduresGovernment

Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex

Código 5402 (Harmonized System 2012 by 4 digits)

 2023: US$620M, Total Trade Exchange

2023: US$148M, International Sales

  2023: US$472M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex was US$620M.

In 2023, the states with the most international sales in Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex were Nuevo León (US$79.6M), Jalisco (US$22.7M), Querétaro (US$8.74M), San Luis Potosí (US$3.87M), and Ciudad de México (US$3.58M).

The states with the most international purchases in 2023 were Ciudad de México (US$104M), Chihuahua (US$44.5M), Nuevo León (US$43.6M), Estado de México (US$42.8M), and Puebla (US$36M).

In 2023, the main commercial destinations of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex were United States (US$71.1M), Czech Republic (US$21.4M), Canada (US$10.4M), Colombia (US$9.2M), and Singapore (US$3.01M).

The main commercial origins of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex in 2023 were China (US$148M), United States (US$142M), Vietnam (US$42M), Germany (US$25.6M), and Netherlands (US$15.1M).

In the global context, the main exporting countries of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex in 2022 were China (US$8.35B), India (US$1.27B), and South Korea (US$1.13B). In the same year, the main importing countries of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex were Turkey (US$1.89B), United States (US$1.24B), and Vietnam (US$1.2B).

Trade Balance of Mexico

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Net Trade Balance

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US$620M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex in Mexico (including international purchases and sales) was US$620M.

The visualizations show the net balance of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex 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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July, 2024

  • US$50.8M, International Purchases
  • US$9.36M, International Sales

In July 2024, international sales of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex were US$9.36M, while international purchases reached US$50.8M. The above results in a trade balance of -US$41.4M.

Market Concentration

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2024-Q3: US$7.34M, International Sales

The visualization shows the quarterly concentration of international sales of Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex at state level.

In the third quarter of 2024, international sales were US$7.34M, being the states with the most sales Nuevo León (US$2.73M), Jalisco (US$1.37M), and Querétaro (US$953k).

Exchange by Territory

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International Sales

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Nuevo León: US$79.6M, State with the Most International Sales (2023)

United States: US$71.1M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex were Nuevo León (US$79.6M), Jalisco (US$22.7M), Querétaro (US$8.74M), San Luis Potosí (US$3.87M), and Ciudad de México (US$3.58M).

In 2023, the countries with the most international purchases from Mexico were United States (US$71.1M), Czech Republic (US$21.4M), Canada (US$10.4M), Colombia (US$9.2M), and Singapore (US$3.01M).

International Purchases

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Ciudad de México: US$104M, State with the Most International Purchases (2023)

China: US$148M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex were Ciudad de México (US$104M), Chihuahua (US$44.5M), Nuevo León (US$43.6M), Estado de México (US$42.8M), and Puebla (US$36M).

The countries with the most international sales to Mexico in 2023 were China (US$148M), United States (US$142M), Vietnam (US$42M), Germany (US$25.6M), and Netherlands (US$15.1M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex. 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
  • 2.46%, Mexican share in global imports - 2022

The visualizations show the global market for Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex. 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 Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex were China (US$8.35B), India (US$1.27B), and South Korea (US$1.13B). In the same year, the main importing countries for Synthetic Filament Yarn (Other than Sewing Thread), not put up for Retail, Including Synthetic Monofilament of less than 67 Decitex were Turkey (US$1.89B), United States (US$1.24B), and Vietnam (US$1.2B).