ProceduresGovernment

Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806)

Código 580131 (Harmonized System 2012 by 6 digits)

 2023: US$768k, Total Trade Exchange

2023: US$21.1k, International Sales

  2023: US$747k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) was US$768k.

In 2023, the states with the most international sales in Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were Baja California (US$1.61k).

The states with the most international purchases in 2023 were Jalisco (US$240k), Ciudad de México (US$207k), Estado de México (US$46.5k), Baja California (US$36.9k), and Quintana Roo (US$2.89k).

In 2023, the main commercial destinations of Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were United States (US$1.61k).

The main commercial origins of Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) in 2023 were China (US$514k), Turkey (US$6.8k), United States (US$5.31k), Italy (US$4.38k), and Spain (US$2.7k).

In the global context, the main exporting countries of Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) in 2022 were China (US$109M), Netherlands (US$2.66M), and Slovenia (US$1.5M). In the same year, the main importing countries of Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were United States (US$37.2M), Vietnam (US$28.6M), and Colombia (US$8.4M).

Trade Balance of Mexico

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Net Trade Balance

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US$768k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) in Mexico (including international purchases and sales) was US$768k.

The visualizations show the net balance of Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) 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$35.7k, International Purchases

In November 2024, international sales of Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were US$0, while international purchases reached US$35.7k. The above results in a trade balance of -US$35.7k.

Exchange by Territory

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International Sales

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Baja California: US$1.61k, State with the Most International Sales (2023)

United States: US$1.61k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were Baja California (US$1.61k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.61k).

International Purchases

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Jalisco: US$240k, State with the Most International Purchases (2023)

China: US$514k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were Jalisco (US$240k), Ciudad de México (US$207k), Estado de México (US$46.5k), Baja California (US$36.9k), and Quintana Roo (US$2.89k).

The countries with the most international sales to Mexico in 2023 were China (US$514k), Turkey (US$6.8k), United States (US$5.31k), Italy (US$4.38k), and Spain (US$2.7k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806). 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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  • 0.0012%, Mexican share in global exports - 2022
  • 1.94%, Mexican share in global imports - 2022

The visualizations show the global market for Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806). 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 Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were China (US$109M), Netherlands (US$2.66M), and Slovenia (US$1.5M). In the same year, the main importing countries for Velor and Terry Fabrics, Uncut, of Manmade Fibers (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were United States (US$37.2M), Vietnam (US$28.6M), and Colombia (US$8.4M).