ProceduresGovernment

Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.)

Código 560121 (Harmonized System 2012 by 6 digits)

 2023: US$56.5M, Total Trade Exchange

2023: US$40.6M, International Sales

  2023: US$15.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) was US$56.5M.

In 2023, the states with the most international sales in Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) were Ciudad de México (US$24.4M), Baja California (US$7.83M), Chihuahua (US$511k), Jalisco (US$40.2k), and Nuevo León (US$5.85k).

The states with the most international purchases in 2023 were Ciudad de México (US$4.05M), Nuevo León (US$3.98M), Jalisco (US$2.86M), Baja California (US$1.89M), and Estado de México (US$1.41M).

In 2023, the main commercial destinations of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) were United States (US$30.5M), Chile (US$1.28M), Colombia (US$319k), Guatemala (US$269k), and Dominican Republic (US$137k).

The main commercial origins of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) in 2023 were China (US$8.99M), United States (US$1.92M), Canada (US$1.27M), Italy (US$1.02M), and Thailand (US$808k).

In the global context, the main exporting countries of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) in 2022 were China (US$265M), Germany (US$73.4M), and Turkey (US$69.4M). In the same year, the main importing countries of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) were United States (US$123M), France (US$87.2M), and Germany (US$61.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$56.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) in Mexico (including international purchases and sales) was US$56.5M.

The visualizations show the net balance of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) 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$1.91M, International Purchases
  • US$3.48M, International Sales

In July 2024, international sales of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) were US$3.48M, while international purchases reached US$1.91M. The above results in a trade balance of US$1.56M.

Market Concentration

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2024-Q3: US$2.63M, International Sales

The visualization shows the quarterly concentration of international sales of Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) at state level.

In the third quarter of 2024, international sales were US$2.63M, being the states with the most sales Ciudad de México (US$2.33M) and Baja California (US$298k).

Exchange by Territory

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International Sales

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Ciudad de México: US$24.4M, State with the Most International Sales (2023)

United States: US$30.5M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) were Ciudad de México (US$24.4M), Baja California (US$7.83M), Chihuahua (US$511k), Jalisco (US$40.2k), and Nuevo León (US$5.85k).

In 2023, the countries with the most international purchases from Mexico were United States (US$30.5M), Chile (US$1.28M), Colombia (US$319k), Guatemala (US$269k), and Dominican Republic (US$137k).

International Purchases

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Ciudad de México: US$4.05M, State with the Most International Purchases (2023)

China: US$8.99M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) were Ciudad de México (US$4.05M), Nuevo León (US$3.98M), Jalisco (US$2.86M), Baja California (US$1.89M), and Estado de México (US$1.41M).

The countries with the most international sales to Mexico in 2023 were China (US$8.99M), United States (US$1.92M), Canada (US$1.27M), Italy (US$1.02M), and Thailand (US$808k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.). 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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  • 3.78%, Mexican share in global exports - 2022
  • 1.3%, Mexican share in global imports - 2022

The visualizations show the global market for Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.). 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 Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) were China (US$265M), Germany (US$73.4M), and Turkey (US$69.4M). In the same year, the main importing countries for Wadding of Cotton and Articles Thereof (Exc. Tampons, Baby Diapers and Similar Sanitary Articles., Wadding and Articles Thereof Impregnated or Coated with Pharmaceutical or Substances put up for Retail Medical, Surgical Fines, Dental or Veterinary, and Products Impregnated, Coated or Covered with Perfumes, Cosmetics, Soaps Etc.) were United States (US$123M), France (US$87.2M), and Germany (US$61.8M).