ProceduresGovernment

Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404)

Código 630120 (Harmonized System 2012 by 6 digits)

 2023: US$1.77M, Total Trade Exchange

2023: US$1.09M, International Sales

  2023: US$675k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) was US$1.77M.

In 2023, the states with the most international sales in Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were Ciudad de México (US$654k), Baja California (US$262k), and Puebla (US$119k).

The states with the most international purchases in 2023 were Ciudad de México (US$472k), Baja California (US$121k), Nuevo León (US$37.3k), Baja California Sur (US$9.1k), and Quintana Roo (US$7.44k).

In 2023, the main commercial destinations of Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were United States (US$1.03M), France (US$5.02k), Chile (US$110), and China (US$102).

The main commercial origins of Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) in 2023 were United Kingdom (US$212k), Italy (US$170k), China (US$113k), India (US$53.6k), and Peru (US$30.6k).

In the global context, the main exporting countries of Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) in 2022 were China (US$57.2M), Italy (US$43.6M), and United Kingdom (US$42.3M). In the same year, the main importing countries of Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were United States (US$56M), France (US$34.6M), and Germany (US$19.2M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$1.77M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) in Mexico (including international purchases and sales) was US$1.77M.

The visualizations show the net balance of Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) 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 section

July, 2024

  • US$61.9k, International Purchases
  • US$14.1k, International Sales

In July 2024, international sales of Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were US$14.1k, while international purchases reached US$61.9k. The above results in a trade balance of -US$47.8k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$654k, State with the Most International Sales (2023)

United States: US$1.03M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were Ciudad de México (US$654k), Baja California (US$262k), and Puebla (US$119k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.03M), France (US$5.02k), Chile (US$110), and China (US$102).

International Purchases

#permalink to section

Ciudad de México: US$472k, State with the Most International Purchases (2023)

United Kingdom: US$212k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were Ciudad de México (US$472k), Baja California (US$121k), Nuevo León (US$37.3k), Baja California Sur (US$9.1k), and Quintana Roo (US$7.44k).

The countries with the most international sales to Mexico in 2023 were United Kingdom (US$212k), Italy (US$170k), China (US$113k), India (US$53.6k), and Peru (US$30.6k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404). 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

#permalink to section

  • 0.48%, Mexican share in global exports - 2022
  • 0.23%, Mexican share in global imports - 2022

The visualizations show the global market for Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404). 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 Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were China (US$57.2M), Italy (US$43.6M), and United Kingdom (US$42.3M). In the same year, the main importing countries for Wool Blankets or Fine Animal Hair (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were United States (US$56M), France (US$34.6M), and Germany (US$19.2M).