Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas)
Código 5505 (Harmonized System 2012 by 4 digits)
2023: US$10.7M, Total Trade Exchange
2023: US$5.61M, International Sales
2023: US$5.04M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) was US$10.7M.
In 2023, the states with the most international sales in Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) were Nuevo León (US$981k), Ciudad de México (US$978k), Puebla (US$976k), Querétaro (US$191k), and Baja California (US$191k).
The states with the most international purchases in 2023 were Estado de México (US$1.84M) and Ciudad de México (US$1.03M).
In 2023, the main commercial destinations of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) were United States (US$2.15M), India (US$439k), Italy (US$414k), Hong Kong (US$161k), and South Korea (US$93.5k).
The main commercial origins of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) in 2023 were United States (US$2.12M), China (US$406k), Japan (US$203k), Spain (US$89k), and Guatemala (US$29.5k).
In the global context, the main exporting countries of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) in 2022 were United States (US$33.5M), Belgium (US$30.2M), and Morocco (US$16M). In the same year, the main importing countries of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) were Italy (US$34.7M), Germany (US$30.8M), and Netherlands (US$26.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$10.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) in Mexico (including international purchases and sales) was US$10.7M.
The visualizations show the net balance of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) 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
#permalink to sectionJuly, 2024
- US$361k, International Purchases
- US$279k, International Sales
In July 2024, international sales of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) were US$279k, while international purchases reached US$361k. The above results in a trade balance of -US$82.5k.
Market Concentration
#permalink to section2024-Q3: US$12.8k, International Sales
The visualization shows the quarterly concentration of international sales of Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) 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
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$981k, State with the Most International Sales (2023)
United States: US$2.15M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) were Nuevo León (US$981k), Ciudad de México (US$978k), Puebla (US$976k), Querétaro (US$191k), and Baja California (US$191k).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.15M), India (US$439k), Italy (US$414k), Hong Kong (US$161k), and South Korea (US$93.5k).
International Purchases
#permalink to sectionEstado de México: US$1.84M, 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 Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) were Estado de México (US$1.84M) 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), Spain (US$89k), and Guatemala (US$29.5k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas). 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 2.15%, Mexican share in global exports - 2022
- 2.75%, Mexican share in global imports - 2022
The visualizations show the global market for Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas). 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 Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) were United States (US$33.5M), Belgium (US$30.2M), and Morocco (US$16M). In the same year, the main importing countries for Waste Synthetic or Artificial Fibers (Including Noils, Yarn Waste and Hilachas) were Italy (US$34.7M), Germany (US$30.8M), and Netherlands (US$26.7M).