ProceduresGovernment

Ties and Ties Simil., Silk or Silk Waste (Exc. Point)

Código 621510 (Harmonized System 2012 by 6 digits)

 2023: US$3.77M, Total Trade Exchange

2023: US$46.2k, International Sales

  2023: US$3.73M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) was US$3.77M.

In 2023, the states with the most international sales in Ties and Ties Simil., Silk or Silk Waste (Exc. Point) were Ciudad de México (US$39.8k).

The states with the most international purchases in 2023 were Ciudad de México (US$3.55M) and Estado de México (US$120k).

In 2023, the main commercial destinations of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) were United States (US$17.1k), France (US$12.1k), Brazil (US$5.52k), South Korea (US$2.45k), and Italy (US$1.4k).

The main commercial origins of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) in 2023 were Italy (US$1.98M), China (US$1M), France (US$436k), South Korea (US$205k), and Spain (US$42k).

In the global context, the main exporting countries of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) in 2022 were Italy (US$90.7M), China (US$79.3M), and France (US$37.9M). In the same year, the main importing countries of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) were United States (US$53.1M), Japan (US$35.4M), and France (US$15.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$3.77M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) in Mexico (including international purchases and sales) was US$3.77M.

The visualizations show the net balance of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) 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$378k, International Purchases
  • US$3.03k, International Sales

In July 2024, international sales of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) were US$3.03k, while international purchases reached US$378k. The above results in a trade balance of -US$375k.

Market Concentration

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2024-Q3: US$2.13k, International Sales

The visualization shows the quarterly concentration of international sales of Ties and Ties Simil., Silk or Silk Waste (Exc. Point) at state level.

In the third quarter of 2024, international sales were US$2.13k, being the states with the most sales Ciudad de México (US$2.13k).

Exchange by Territory

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International Sales

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Ciudad de México: US$39.8k, State with the Most International Sales (2023)

United States: US$17.1k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Ties and Ties Simil., Silk or Silk Waste (Exc. Point) were Ciudad de México (US$39.8k).

In 2023, the countries with the most international purchases from Mexico were United States (US$17.1k), France (US$12.1k), Brazil (US$5.52k), South Korea (US$2.45k), and Italy (US$1.4k).

International Purchases

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Ciudad de México: US$3.55M, State with the Most International Purchases (2023)

Italy: US$1.98M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Ties and Ties Simil., Silk or Silk Waste (Exc. Point) were Ciudad de México (US$3.55M) and Estado de México (US$120k).

The countries with the most international sales to Mexico in 2023 were Italy (US$1.98M), China (US$1M), France (US$436k), South Korea (US$205k), and Spain (US$42k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Ties and Ties Simil., Silk or Silk Waste (Exc. Point)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Ties and Ties Simil., Silk or Silk Waste (Exc. Point). 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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  • 0.016%, Mexican share in global exports - 2022
  • 1.03%, Mexican share in global imports - 2022

The visualizations show the global market for Ties and Ties Simil., Silk or Silk Waste (Exc. Point). 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 Ties and Ties Simil., Silk or Silk Waste (Exc. Point) were Italy (US$90.7M), China (US$79.3M), and France (US$37.9M). In the same year, the main importing countries for Ties and Ties Simil., Silk or Silk Waste (Exc. Point) were United States (US$53.1M), Japan (US$35.4M), and France (US$15.1M).