ProceduresGovernment

Textile Spinning Machines (Excl. Extruding and Roving)

Código 844520 (Harmonized System 2012 by 6 digits)

2021: US$654k, International Sales

  2023: US$30.8M, International Purchases

In 2020, the states with the most international sales in Textile Spinning Machines (Excl. Extruding and Roving) were Estado de México (US$1.04M).

The states with the most international purchases in 2023 were Ciudad de México (US$7.99M), Estado de México (US$5.04M), Puebla (US$4.7M), and Baja California (US$603).

In 2020, the main commercial destinations of Textile Spinning Machines (Excl. Extruding and Roving) were United States (US$919k), Italy (US$95k), and Czech Republic (US$24k).

The main commercial origins of Textile Spinning Machines (Excl. Extruding and Roving) in 2023 were Czech Republic (US$7.57M), China (US$5.26M), Germany (US$3.78M), India (US$643k), and Switzerland (US$195k).

In the global context, the main exporting countries of Textile Spinning Machines (Excl. Extruding and Roving) in 2022 were Japan (US$432M), China (US$360M), and India (US$357M). In the same year, the main importing countries of Textile Spinning Machines (Excl. Extruding and Roving) were China (US$310M), Turkey (US$246M), and India (US$180M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Textile Spinning Machines (Excl. Extruding and Roving) 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$2.98M, International Purchases

In November 2024, international sales of Textile Spinning Machines (Excl. Extruding and Roving) were US$0, while international purchases reached US$2.98M. The above results in a trade balance of -US$2.98M.

Exchange by Territory

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International Sales

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Estado de México: US$1.04M, State with the Most International Sales (2020)

United States: US$919k, Main commercial destination (2020)

In 2020, the states with the highest international sales in Textile Spinning Machines (Excl. Extruding and Roving) were Estado de México (US$1.04M).

In 2020, the countries with the most international purchases from Mexico were United States (US$919k), Italy (US$95k), and Czech Republic (US$24k).

International Purchases

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Ciudad de México: US$7.99M, State with the Most International Purchases (2023)

Czech Republic: US$7.57M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Textile Spinning Machines (Excl. Extruding and Roving) were Ciudad de México (US$7.99M), Estado de México (US$5.04M), Puebla (US$4.7M), and Baja California (US$603).

The countries with the most international sales to Mexico in 2023 were Czech Republic (US$7.57M), China (US$5.26M), Germany (US$3.78M), India (US$643k), and Switzerland (US$195k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Textile Spinning Machines (Excl. Extruding and Roving)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Textile Spinning Machines (Excl. Extruding and Roving). 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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  • 0.0053%, Mexican share in global exports - 2022
  • 1.4%, Mexican share in global imports - 2022

The visualizations show the global market for Textile Spinning Machines (Excl. Extruding and Roving). 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 Textile Spinning Machines (Excl. Extruding and Roving) were Japan (US$432M), China (US$360M), and India (US$357M). In the same year, the main importing countries for Textile Spinning Machines (Excl. Extruding and Roving) were China (US$310M), Turkey (US$246M), and India (US$180M).