Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics
Code 51 (Harmonized System 2012 by 2 digits)
2023: US$99.2M, Total Trade Exchange
2023: US$52.6M, International Sales
2023: US$46.5M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics was US$99.2M.
In 2023, the states with the most international sales in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were Ciudad de México (US$33.9M), Puebla (US$9.87M), Baja California (US$483k), and Tamaulipas (US$148k).
The states with the most international purchases in 2023 were Hidalgo (US$14.8M), Puebla (US$13.2M), Ciudad de México (US$5.77M), Estado de México (US$5.74M), and Baja California (US$864k).
In 2023, the main commercial destinations of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were United States (US$29.3M), Guatemala (US$11.3M), Dominican Republic (US$2.38M), Canada (US$724k), and Sri Lanka (US$158k).
The main commercial origins of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics in 2023 were China (US$13.2M), Italy (US$7.71M), Argentina (US$5.52M), United States (US$5.21M), and Uruguay (US$3.82M).
In the global context, the main exporting countries of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics in 2022 were Australia (US$2.14B), Italy (US$2.1B), and China (US$1.96B). In the same year, the main importing countries of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were China (US$2.93B), Italy (US$1.36B), and Germany (US$693M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$99.2M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics in Mexico (including international purchases and sales) was US$99.2M.
The visualizations show the net balance of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics 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$4.03M, International Sales
- US$2.68M, International Purchases
In July 2024, international sales of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were US$4.03M and a total of US$2.68M in international purchases. For this month the net trade balance of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics it was of US$1.35M.
Market Concentration
#permalink to section2024-Q3: US$2.63M, International Sales
The visualization shows the quarterly concentration of international sales of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics 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$2.63M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$33.9M, State with the Most International Sales (2023)
United States: US$29.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were Ciudad de México (US$33.9M), Puebla (US$9.87M), Baja California (US$483k), and Tamaulipas (US$148k).
In 2023, the countries with the most international purchases from Mexico were United States (US$29.3M), Guatemala (US$11.3M), Dominican Republic (US$2.38M), Canada (US$724k), and Sri Lanka (US$158k).
International Purchases
#permalink to sectionHidalgo: US$14.8M, State with the Most International Purchases (2023)
China: US$13.2M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were Hidalgo (US$14.8M), Puebla (US$13.2M), Ciudad de México (US$5.77M), Estado de México (US$5.74M), and Baja California (US$864k).
The countries with the most international sales to Mexico in 2023 were China (US$13.2M), Italy (US$7.71M), Argentina (US$5.52M), United States (US$5.21M), and Uruguay (US$3.82M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics. 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- 0.45%, Mexican share in global exports - 2022
- 0.53%, Mexican share in global imports - 2022
The visualizations show the global market for Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics. 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 Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were Australia (US$2.14B), Italy (US$2.1B), and China (US$1.96B). In the same year, the main importing countries for Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were China (US$2.93B), Italy (US$1.36B), and Germany (US$693M).