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Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp)

Código 530890 (Harmonized System 2012 by 6 digits)

2022: US$403k, International Sales

  2023: US$3.93M, International Purchases

The states with the most international purchases in 2023 were Ciudad de México (US$307k), Estado de México (US$242k), and Baja California (US$37.4k).

The main commercial origins of Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp) in 2023 were Colombia (US$146k), China (US$101k), Turkey (US$97.5k), Spain (US$80.3k), and United States (US$56.8k).

In the global context, the main exporting countries of Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp) in 2022 were China (US$27.2M), Kenya (US$24.2M), and Italy (US$20.4M). In the same year, the main importing countries of Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp) were Nigeria (US$30M), Portugal (US$6.76M), and United States (US$6.46M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp) 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$490k, International Purchases

In July 2024, international sales of Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp) were US$0, while international purchases reached US$490k. The above results in a trade balance of -US$490k.

Exchange by Territory

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International Purchases

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Ciudad de México: US$307k, State with the Most International Purchases (2023)

Colombia: US$146k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp) were Ciudad de México (US$307k), Estado de México (US$242k), and Baja California (US$37.4k).

The countries with the most international sales to Mexico in 2023 were Colombia (US$146k), China (US$101k), Turkey (US$97.5k), Spain (US$80.3k), and United States (US$56.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp). 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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  • 0.26%, Mexican share in global exports - 2022
  • 1.95%, Mexican share in global imports - 2022

The visualizations show the global market for Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp). 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 Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp) were China (US$27.2M), Kenya (US$24.2M), and Italy (US$20.4M). In the same year, the main importing countries for Vegetable Textile Fibers Yarn (Exc. Linen Yarn, Jute Yarn or Textile Fibers other Liber Heading 5303, Coir Yarn, Yarn and Cotton Yarn Hemp) were Nigeria (US$30M), Portugal (US$6.76M), and United States (US$6.46M).