Worsted (Exc. "Bulk" [ "Open Tops"])
Código 510529 (Harmonized System 2012 by 6 digits)
2017: US$1.3M, International Sales
2023: US$23.6M, International Purchases
The states with the most international purchases in 2023 were Ciudad de México (US$913k).
The main commercial origins of Worsted (Exc. "Bulk" [ "Open Tops"]) in 2023 were Argentina (US$486k), China (US$219k), Uruguay (US$208k), and Nepal (US$60).
In the global context, the main exporting countries of Worsted (Exc. "Bulk" [ "Open Tops"]) in 2022 were China (US$502M), Germany (US$190M), and Czech Republic (US$171M). In the same year, the main importing countries of Worsted (Exc. "Bulk" [ "Open Tops"]) were Italy (US$342M), Germany (US$206M), and Poland (US$126M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Worsted (Exc. "Bulk" [ "Open Tops"]) 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$1.54M, International Purchases
In July 2024, international sales of Worsted (Exc. "Bulk" [ "Open Tops"]) were US$0, while international purchases reached US$1.54M. The above results in a trade balance of -US$1.54M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$913k, State with the Most International Purchases (2023)
Argentina: US$486k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Worsted (Exc. "Bulk" [ "Open Tops"]) were Ciudad de México (US$913k).
The countries with the most international sales to Mexico in 2023 were Argentina (US$486k), China (US$219k), Uruguay (US$208k), and Nepal (US$60).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Worsted (Exc. "Bulk" [ "Open Tops"]) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Worsted (Exc. "Bulk" [ "Open Tops"]). 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- 0.00044%, Mexican share in global exports - 2022
- 2.4%, Mexican share in global imports - 2022
The visualizations show the global market for Worsted (Exc. "Bulk" [ "Open Tops"]). 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 Worsted (Exc. "Bulk" [ "Open Tops"]) were China (US$502M), Germany (US$190M), and Czech Republic (US$171M). In the same year, the main importing countries for Worsted (Exc. "Bulk" [ "Open Tops"]) were Italy (US$342M), Germany (US$206M), and Poland (US$126M).