ProceduresGovernment

Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns

Código 551694 (Harmonized System 2012 by 6 digits)

 2023: US$934k, Total Trade Exchange

2023: US$146k, International Sales

  2023: US$788k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns was US$934k.

The states with the most international purchases in 2023 were Baja California (US$336k), Ciudad de México (US$205k), and Estado de México (US$41k).

The main commercial origins of Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns in 2023 were China (US$502k), United States (US$48.1k), Spain (US$10.8k), Turkey (US$9.68k), and India (US$3.72k).

In the global context, the main exporting countries of Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns in 2022 were China (US$40.8M), Italy (US$8.05M), and Spain (US$4.4M). In the same year, the main importing countries of Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns were Uzbekistan (US$9.04M), Morocco (US$7.1M), and Bangladesh (US$5.17M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$934k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns in Mexico (including international purchases and sales) was US$934k.

The visualizations show the net balance of Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns 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$42.2k, International Purchases

In July 2024, international sales of Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns were US$0, while international purchases reached US$42.2k. The above results in a trade balance of -US$42.2k.

Exchange by Territory

#permalink to section

International Purchases

#permalink to section

Baja California: US$336k, State with the Most International Purchases (2023)

China: US$502k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns were Baja California (US$336k), Ciudad de México (US$205k), and Estado de México (US$41k).

The countries with the most international sales to Mexico in 2023 were China (US$502k), United States (US$48.1k), Spain (US$10.8k), Turkey (US$9.68k), and India (US$3.72k).

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 Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns  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 Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns. 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

  • 0.00043%, Mexican share in global exports - 2022
  • 0.58%, Mexican share in global imports - 2022

The visualizations show the global market for Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns. 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 Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns were China (US$40.8M), Italy (US$8.05M), and Spain (US$4.4M). In the same year, the main importing countries for Woven Fabrics of Artificial Staple Fibers Content, but <85% by Weight, other than those Mixed Mainly or Solely with Cotton, Wool or Fine Animal or Synthetic Hair Filaments, Patterns were Uzbekistan (US$9.04M), Morocco (US$7.1M), and Bangladesh (US$5.17M).