Velor Weft Pile Fabrics, Cut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806)
Código 580123 (Harmonized System 2012 by 6 digits)
Código 580123 (Harmonized System 2012 by 6 digits)
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Velor Weft Pile Fabrics, Cut, Cotton (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 Weft Pile Fabrics, Cut, Cotton (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.
The visualizations show the global market for Velor Weft Pile Fabrics, Cut, Cotton (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 Weft Pile Fabrics, Cut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were China (US$23.4M), Hong Kong (US$3.78M), and Italy (US$2.28M). In the same year, the main importing countries for Velor Weft Pile Fabrics, Cut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were N/A.