ProceduresGovernment

Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items)

Código 660199 (Harmonized System 2012 by 6 digits)

 2023: US$10.5M, Total Trade Exchange

2023: US$1.7M, International Sales

  2023: US$8.78M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) was US$10.5M.

In 2023, the states with the most international sales in Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) were Baja California (US$1.2M), Estado de México (US$168k), Jalisco (US$79.2k), Ciudad de México (US$6.85k), and Quintana Roo (US$235).

The states with the most international purchases in 2023 were Ciudad de México (US$4.61M), Estado de México (US$885k), Jalisco (US$740k), Sinaloa (US$668k), and Nuevo León (US$421k).

In 2023, the main commercial destinations of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) were United States (US$1.2M), Guatemala (US$82k), Colombia (US$53.8k), Ecuador (US$30.2k), and Honduras (US$18.7k).

The main commercial origins of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) in 2023 were China (US$8.43M), United States (US$154k), Hong Kong (US$58.2k), Germany (US$37.2k), and Spain (US$19.2k).

In the global context, the main exporting countries of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) in 2022 were China (US$886M), Cambodia (US$43.4M), and Germany (US$20.7M). In the same year, the main importing countries of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) were Japan (US$151M), South Korea (US$121M), and Philippines (US$73.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$10.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) in Mexico (including international purchases and sales) was US$10.5M.

The visualizations show the net balance of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) 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$538k, International Purchases
  • US$186k, International Sales

In November 2024, international sales of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) were US$186k, while international purchases reached US$538k. The above results in a trade balance of -US$352k.

Market Concentration

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2024-Q4: US$154k, International Sales

The visualization shows the quarterly concentration of international sales of Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) at state level.

In the fourth quarter of 2024, international sales were US$154k, being the states with the most sales Estado de México (US$84.5k) and Baja California (US$69.7k).

Exchange by Territory

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International Sales

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Baja California: US$1.2M, State with the Most International Sales (2023)

United States: US$1.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) were Baja California (US$1.2M), Estado de México (US$168k), Jalisco (US$79.2k), Ciudad de México (US$6.85k), and Quintana Roo (US$235).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.2M), Guatemala (US$82k), Colombia (US$53.8k), Ecuador (US$30.2k), and Honduras (US$18.7k).

International Purchases

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Ciudad de México: US$4.61M, State with the Most International Purchases (2023)

China: US$8.43M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) were Ciudad de México (US$4.61M), Estado de México (US$885k), Jalisco (US$740k), Sinaloa (US$668k), and Nuevo León (US$421k).

The countries with the most international sales to Mexico in 2023 were China (US$8.43M), United States (US$154k), Hong Kong (US$58.2k), Germany (US$37.2k), and Spain (US$19.2k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items). 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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  • 0.16%, Mexican share in global exports - 2022
  • 1.37%, Mexican share in global imports - 2022

The visualizations show the global market for Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items). 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 Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) were China (US$886M), Cambodia (US$43.4M), and Germany (US$20.7M). In the same year, the main importing countries for Umbrellas and Sun Umbrellas, Incl. Walking-Stick Umbrellas (Excl. Umbrellas Having Telescopic Handle, Garden Umbrellas and Similar Articles. and Intended for Children'S Entertainment Items) were Japan (US$151M), South Korea (US$121M), and Philippines (US$73.1M).