ProceduresGovernment

Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line)

Código 560490 (Harmonized System 2012 by 6 digits)

 2023: US$22.2M, Total Trade Exchange

2023: US$7.46M, International Sales

  2023: US$14.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) was US$22.2M.

In 2023, the states with the most international sales in Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) were Ciudad de México (US$3.7M), Chihuahua (US$1.46M), Baja California (US$819k), Coahuila de Zaragoza (US$18.1k), and Sonora (US$5.8k).

The states with the most international purchases in 2023 were Estado de México (US$4.17M), Chihuahua (US$2.46M), Guanajuato (US$2.36M), Baja California (US$1.67M), and Nuevo León (US$1.44M).

In 2023, the main commercial destinations of Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) were United States (US$5.15M), Romania (US$641k), Brazil (US$132k), China (US$73k), and Cuba (US$3.29k).

The main commercial origins of Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) in 2023 were United States (US$4.98M), Germany (US$3.62M), China (US$2.32M), France (US$1.07M), and Italy (US$846k).

In the global context, the main exporting countries of Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) in 2022 were Italy (US$68.5M), France (US$56.6M), and China (US$43.8M). In the same year, the main importing countries of Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) were Romania (US$38.5M), United States (US$32.3M), and Thailand (US$31.4M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$22.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) in Mexico (including international purchases and sales) was US$22.2M.

The visualizations show the net balance of Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) 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 section

July, 2024

  • US$1.33M, International Purchases
  • US$838k, International Sales

In July 2024, international sales of Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) were US$838k, while international purchases reached US$1.33M. The above results in a trade balance of -US$488k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$3.7M, State with the Most International Sales (2023)

United States: US$5.15M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) were Ciudad de México (US$3.7M), Chihuahua (US$1.46M), Baja California (US$819k), Coahuila de Zaragoza (US$18.1k), and Sonora (US$5.8k).

In 2023, the countries with the most international purchases from Mexico were United States (US$5.15M), Romania (US$641k), Brazil (US$132k), China (US$73k), and Cuba (US$3.29k).

International Purchases

#permalink to section

Estado de México: US$4.17M, State with the Most International Purchases (2023)

United States: US$4.98M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) were Estado de México (US$4.17M), Chihuahua (US$2.46M), Guanajuato (US$2.36M), Baja California (US$1.67M), and Nuevo León (US$1.44M).

The countries with the most international sales to Mexico in 2023 were United States (US$4.98M), Germany (US$3.62M), China (US$2.32M), France (US$1.07M), and Italy (US$846k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line). 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

#permalink to section

  • 0.38%, Mexican share in global exports - 2022
  • 4.76%, Mexican share in global imports - 2022

The visualizations show the global market for Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line). 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 Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) were Italy (US$68.5M), France (US$56.6M), and China (US$43.8M). In the same year, the main importing countries for Textile Yarn, and Strip and the Simil. of Heading 5404 or 5405, Impregnated, Coated, Covered or Sheathed with Rubber or Plastics (Exc. Imitation "Catgut" Equipped with Hooks or otherwise put up as Fishing Line) were Romania (US$38.5M), United States (US$32.3M), and Thailand (US$31.4M).