ProceduresGovernment

Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05

Código 5408 (Harmonized System 2012 by 4 digits)

 2023: US$17.6M, Total Trade Exchange

2023: US$1.66M, International Sales

  2023: US$15.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 was US$17.6M.

In 2023, the states with the most international sales in Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 were Baja California (US$789k), Ciudad de México (US$339k), and Chihuahua (US$104k).

The states with the most international purchases in 2023 were Aguascalientes (US$5.67M), Ciudad de México (US$3.46M), Baja California (US$2.39M), Chihuahua (US$1.74M), and Nuevo León (US$1.02M).

In 2023, the main commercial destinations of Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 were United States (US$893k), Honduras (US$250k), Guatemala (US$82.8k), Cuba (US$4.72k), and Italy (US$1.74k).

The main commercial origins of Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 in 2023 were China (US$5.6M), Canada (US$5.38M), South Korea (US$1.51M), Italy (US$1.11M), and United States (US$617k).

In the global context, the main exporting countries of Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 in 2022 were China (US$416M), Italy (US$228M), and Japan (US$133M). In the same year, the main importing countries of Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 were China (US$79.8M), Spain (US$78.2M), and Italy (US$73.2M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$17.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 in Mexico (including international purchases and sales) was US$17.6M.

The visualizations show the net balance of Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 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$1.45M, International Purchases
  • US$33.3k, International Sales

In July 2024, international sales of Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 were US$33.3k, while international purchases reached US$1.45M. The above results in a trade balance of -US$1.42M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$789k, State with the Most International Sales (2023)

United States: US$893k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 were Baja California (US$789k), Ciudad de México (US$339k), and Chihuahua (US$104k).

In 2023, the countries with the most international purchases from Mexico were United States (US$893k), Honduras (US$250k), Guatemala (US$82.8k), Cuba (US$4.72k), and Italy (US$1.74k).

International Purchases

#permalink to section

Aguascalientes: US$5.67M, State with the Most International Purchases (2023)

China: US$5.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 were Aguascalientes (US$5.67M), Ciudad de México (US$3.46M), Baja California (US$2.39M), Chihuahua (US$1.74M), and Nuevo León (US$1.02M).

The countries with the most international sales to Mexico in 2023 were China (US$5.6M), Canada (US$5.38M), South Korea (US$1.51M), Italy (US$1.11M), and United States (US$617k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05. 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

  • 0.0038%, Mexican share in global exports - 2022
  • 0.67%, Mexican share in global imports - 2022

The visualizations show the global market for Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05. 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 Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 were China (US$416M), Italy (US$228M), and Japan (US$133M). In the same year, the main importing countries for Woven Fabrics of Artificial Filament Yarn, Including Woven Fabrics of Heading 54.05 were China (US$79.8M), Spain (US$78.2M), and Italy (US$73.2M).