ProceduresGovernment

Wicks "Rovings", "Stratifils" Fiberglass

Código 701912 (Harmonized System 2012 by 6 digits)

 2023: US$224M, Total Trade Exchange

2023: US$151M, International Sales

  2023: US$72.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wicks "Rovings", "Stratifils" Fiberglass was US$224M.

In 2023, the states with the most international sales in Wicks "Rovings", "Stratifils" Fiberglass were Baja California (US$407k) and Querétaro (US$16.7k).

The states with the most international purchases in 2023 were Chihuahua (US$21.4M), Tlaxcala (US$9.26M), Estado de México (US$8.04M), Coahuila de Zaragoza (US$7.14M), and Nuevo León (US$6.96M).

In 2023, the main commercial destinations of Wicks "Rovings", "Stratifils" Fiberglass were United States (US$378k), China (US$40.2k), Costa Rica (US$3.99k), and Germany (US$973).

The main commercial origins of Wicks "Rovings", "Stratifils" Fiberglass in 2023 were United States (US$41M), China (US$26.4M), Bahrain (US$881k), Brazil (US$732k), and South Korea (US$495k).

In the global context, the main exporting countries of Wicks "Rovings", "Stratifils" Fiberglass in 2022 were China (US$906M), Mexico (US$203M), and Egypt (US$108M). In the same year, the main importing countries of Wicks "Rovings", "Stratifils" Fiberglass were United States (US$427M), Germany (US$140M), and Turkey (US$132M).

Trade Balance of Mexico

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Net Trade Balance

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US$224M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wicks "Rovings", "Stratifils" Fiberglass in Mexico (including international purchases and sales) was US$224M.

The visualizations show the net balance of Wicks "Rovings", "Stratifils" Fiberglass 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$5.49M, International Purchases
  • US$13.8M, International Sales

In November 2024, international sales of Wicks "Rovings", "Stratifils" Fiberglass were US$13.8M, while international purchases reached US$5.49M. The above results in a trade balance of US$8.27M.

Exchange by Territory

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International Sales

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Baja California: US$407k, State with the Most International Sales (2023)

United States: US$378k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wicks "Rovings", "Stratifils" Fiberglass were Baja California (US$407k) and Querétaro (US$16.7k).

In 2023, the countries with the most international purchases from Mexico were United States (US$378k), China (US$40.2k), Costa Rica (US$3.99k), and Germany (US$973).

International Purchases

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Chihuahua: US$21.4M, State with the Most International Purchases (2023)

United States: US$41M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wicks "Rovings", "Stratifils" Fiberglass were Chihuahua (US$21.4M), Tlaxcala (US$9.26M), Estado de México (US$8.04M), Coahuila de Zaragoza (US$7.14M), and Nuevo León (US$6.96M).

The countries with the most international sales to Mexico in 2023 were United States (US$41M), China (US$26.4M), Bahrain (US$881k), Brazil (US$732k), and South Korea (US$495k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wicks "Rovings", "Stratifils" Fiberglass  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wicks "Rovings", "Stratifils" Fiberglass. 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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  • 9.62%, Mexican share in global exports - 2022
  • 3.81%, Mexican share in global imports - 2022

The visualizations show the global market for Wicks "Rovings", "Stratifils" Fiberglass. 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 Wicks "Rovings", "Stratifils" Fiberglass were China (US$906M), Mexico (US$203M), and Egypt (US$108M). In the same year, the main importing countries for Wicks "Rovings", "Stratifils" Fiberglass were United States (US$427M), Germany (US$140M), and Turkey (US$132M).