ProceduresGovernment

Woven Fabrics of Artificial Staple Fibers

Código 5516 (Harmonized System 2012 by 4 digits)

 2023: US$33.1M, Total Trade Exchange

2023: US$2.77M, International Sales

  2023: US$30.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Woven Fabrics of Artificial Staple Fibers was US$33.1M.

In 2023, the states with the most international sales in Woven Fabrics of Artificial Staple Fibers were Baja California (US$1.73M), Estado de México (US$75.5k), Ciudad de México (US$32.9k), Chihuahua (US$16.5k), and Coahuila de Zaragoza (US$10.3k).

The states with the most international purchases in 2023 were Baja California (US$10.7M), Ciudad de México (US$8.97M), Coahuila de Zaragoza (US$4.56M), Estado de México (US$3.1M), and Jalisco (US$964k).

In 2023, the main commercial destinations of Woven Fabrics of Artificial Staple Fibers were United States (US$1.75M), Colombia (US$62.5k), Egypt (US$30.2k), Nicaragua (US$7.06k), and Ecuador (US$6.2k).

The main commercial origins of Woven Fabrics of Artificial Staple Fibers in 2023 were China (US$21M), United States (US$4.81M), Turkey (US$837k), Italy (US$594k), and Sweden (US$442k).

In the global context, the main exporting countries of Woven Fabrics of Artificial Staple Fibers in 2022 were China (US$2.8B), Turkey (US$216M), and Italy (US$211M). In the same year, the main importing countries of Woven Fabrics of Artificial Staple Fibers were Bangladesh (US$318M), Morocco (US$286M), and Brazil (US$241M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$33.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Woven Fabrics of Artificial Staple Fibers in Mexico (including international purchases and sales) was US$33.1M.

The visualizations show the net balance of Woven Fabrics of Artificial Staple Fibers 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$2.99M, International Purchases
  • US$12.4k, International Sales

In July 2024, international sales of Woven Fabrics of Artificial Staple Fibers were US$12.4k, while international purchases reached US$2.99M. The above results in a trade balance of -US$2.98M.

Market Concentration

#permalink to section

2024-Q3: US$1.08k, International Sales

The visualization shows the quarterly concentration of international sales of Woven Fabrics of Artificial Staple Fibers at state level.

In the third quarter of 2024, international sales were US$1.08k, being the states with the most sales Baja California (US$1.08k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$1.73M, State with the Most International Sales (2023)

United States: US$1.75M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Woven Fabrics of Artificial Staple Fibers were Baja California (US$1.73M), Estado de México (US$75.5k), Ciudad de México (US$32.9k), Chihuahua (US$16.5k), and Coahuila de Zaragoza (US$10.3k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.75M), Colombia (US$62.5k), Egypt (US$30.2k), Nicaragua (US$7.06k), and Ecuador (US$6.2k).

International Purchases

#permalink to section

Baja California: US$10.7M, State with the Most International Purchases (2023)

China: US$21M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Woven Fabrics of Artificial Staple Fibers were Baja California (US$10.7M), Ciudad de México (US$8.97M), Coahuila de Zaragoza (US$4.56M), Estado de México (US$3.1M), and Jalisco (US$964k).

The countries with the most international sales to Mexico in 2023 were China (US$21M), United States (US$4.81M), Turkey (US$837k), Italy (US$594k), and Sweden (US$442k).

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 Staple Fibers  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 Staple Fibers. 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

  • 0.014%, Mexican share in global exports - 2022
  • 1.22%, Mexican share in global imports - 2022

The visualizations show the global market for Woven Fabrics of Artificial Staple Fibers. 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 Staple Fibers were China (US$2.8B), Turkey (US$216M), and Italy (US$211M). In the same year, the main importing countries for Woven Fabrics of Artificial Staple Fibers were Bangladesh (US$318M), Morocco (US$286M), and Brazil (US$241M).