ProceduresGovernment

Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted

Código 550510 (Harmonized System 2012 by 6 digits)

 2023: US$10.3M, Total Trade Exchange

2023: US$5.55M, International Sales

  2023: US$4.78M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted was US$10.3M.

In 2023, the states with the most international sales in Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted were Nuevo León (US$981k), Ciudad de México (US$978k), Puebla (US$976k), Querétaro (US$191k), and Baja California (US$185k).

The states with the most international purchases in 2023 were Estado de México (US$1.75M) and Ciudad de México (US$1.03M).

In 2023, the main commercial destinations of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted were United States (US$2.14M), India (US$439k), Italy (US$414k), Hong Kong (US$161k), and South Korea (US$93.5k).

The main commercial origins of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted in 2023 were United States (US$2.12M), China (US$406k), Japan (US$203k), Guatemala (US$29.5k), and India (US$17.9k).

In the global context, the main exporting countries of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted in 2022 were United States (US$33.1M), Belgium (US$30M), and Morocco (US$16M). In the same year, the main importing countries of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted were Italy (US$34.4M), Germany (US$29.1M), and Netherlands (US$26.5M).

Trade Balance of Mexico

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Net Trade Balance

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US$10.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted in Mexico (including international purchases and sales) was US$10.3M.

The visualizations show the net balance of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted 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$356k, International Purchases
  • US$279k, International Sales

In July 2024, international sales of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted were US$279k, while international purchases reached US$356k. The above results in a trade balance of -US$77.6k.

Market Concentration

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2024-Q3: US$12.8k, International Sales

The visualization shows the quarterly concentration of international sales of Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted at state level.

In the third quarter of 2024, international sales were US$12.8k, being the states with the most sales Querétaro (US$12.8k).

Exchange by Territory

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International Sales

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Nuevo León: US$981k, State with the Most International Sales (2023)

United States: US$2.14M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted were Nuevo León (US$981k), Ciudad de México (US$978k), Puebla (US$976k), Querétaro (US$191k), and Baja California (US$185k).

In 2023, the countries with the most international purchases from Mexico were United States (US$2.14M), India (US$439k), Italy (US$414k), Hong Kong (US$161k), and South Korea (US$93.5k).

International Purchases

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Estado de México: US$1.75M, State with the Most International Purchases (2023)

United States: US$2.12M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted were Estado de México (US$1.75M) and Ciudad de México (US$1.03M).

The countries with the most international sales to Mexico in 2023 were United States (US$2.12M), China (US$406k), Japan (US$203k), Guatemala (US$29.5k), and India (US$17.9k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted. 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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  • 2.25%, Mexican share in global exports - 2022
  • 2.64%, Mexican share in global imports - 2022

The visualizations show the global market for Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted. 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 Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted were United States (US$33.1M), Belgium (US$30M), and Morocco (US$16M). In the same year, the main importing countries for Waste of Synthetic Fibers, Incl. Noils, Yarn Waste and Garnetted were Italy (US$34.4M), Germany (US$29.1M), and Netherlands (US$26.5M).