ProceduresGovernment

Umbrellas, Walking Sticks, Whips and Parts Thereof

Code 66 (Harmonized System 2012 by 2 digits)

 2023: US$50.2M, Total Trade Exchange

2023: US$4.54M, International Sales

  2023: US$45.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Umbrellas, Walking Sticks, Whips and Parts Thereof was US$50.2M.

In 2023, the states with the most international sales in Umbrellas, Walking Sticks, Whips and Parts Thereof were Chihuahua (US$1.98M), Baja California (US$1.46M), Coahuila de Zaragoza (US$455k), Estado de México (US$182k), and Nuevo León (US$128k).

The states with the most international purchases in 2023 were Ciudad de México (US$20.4M), Estado de México (US$6.65M), Jalisco (US$3.42M), Nuevo León (US$3.05M), and San Luis Potosí (US$2.17M).

In 2023, the main commercial destinations of Umbrellas, Walking Sticks, Whips and Parts Thereof were United States (US$4.14M), Guatemala (US$93k), Colombia (US$55.7k), Ecuador (US$30.2k), and Jamaica (US$26.2k).

The main commercial origins of Umbrellas, Walking Sticks, Whips and Parts Thereof in 2023 were China (US$37.8M), United States (US$5.72M), Vietnam (US$539k), Spain (US$293k), and Italy (US$253k).

In the global context, the main exporting countries of Umbrellas, Walking Sticks, Whips and Parts Thereof in 2022 were China (US$3.52B), Germany (US$115M), and Netherlands (US$68.4M). In the same year, the main importing countries of Umbrellas, Walking Sticks, Whips and Parts Thereof were United States (US$884M), Germany (US$332M), and Japan (US$260M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$50.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Umbrellas, Walking Sticks, Whips and Parts Thereof in Mexico (including international purchases and sales) was US$50.2M.

The visualizations show the net balance of Umbrellas, Walking Sticks, Whips and Parts Thereof 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$468k, International Sales
  • US$4.19M, International Purchases

In July 2024, international sales of Umbrellas, Walking Sticks, Whips and Parts Thereof were US$468k and a total of US$4.19M in international purchases. For this month the net trade balance of Umbrellas, Walking Sticks, Whips and Parts Thereof it was of -US$3.72M.

Market Concentration

#permalink to section

2024-Q3: US$410k, International Sales

The visualization shows the quarterly concentration of international sales of Umbrellas, Walking Sticks, Whips and Parts Thereof at state level.

In the third quarter of 2024, international sales were US$410k, being the states with the most sales Baja California (US$238k), Chihuahua (US$130k), and Estado de México (US$21.4k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Chihuahua: US$1.98M, State with the Most International Sales (2023)

United States: US$4.14M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Umbrellas, Walking Sticks, Whips and Parts Thereof were Chihuahua (US$1.98M), Baja California (US$1.46M), Coahuila de Zaragoza (US$455k), Estado de México (US$182k), and Nuevo León (US$128k).

In 2023, the countries with the most international purchases from Mexico were United States (US$4.14M), Guatemala (US$93k), Colombia (US$55.7k), Ecuador (US$30.2k), and Jamaica (US$26.2k).

International Purchases

#permalink to section

Ciudad de México: US$20.4M, State with the Most International Purchases (2023)

China: US$37.8M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Umbrellas, Walking Sticks, Whips and Parts Thereof were Ciudad de México (US$20.4M), Estado de México (US$6.65M), Jalisco (US$3.42M), Nuevo León (US$3.05M), and San Luis Potosí (US$2.17M).

The countries with the most international sales to Mexico in 2023 were China (US$37.8M), United States (US$5.72M), Vietnam (US$539k), Spain (US$293k), and Italy (US$253k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Umbrellas, Walking Sticks, Whips and Parts Thereof  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Umbrellas, Walking Sticks, Whips and Parts Thereof. 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

  • 0.099%, Mexican share in global exports - 2022
  • 1.09%, Mexican share in global imports - 2022

The visualizations show the global market for Umbrellas, Walking Sticks, Whips and Parts Thereof. 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, Walking Sticks, Whips and Parts Thereof were China (US$3.52B), Germany (US$115M), and Netherlands (US$68.4M). In the same year, the main importing countries for Umbrellas, Walking Sticks, Whips and Parts Thereof were United States (US$884M), Germany (US$332M), and Japan (US$260M).