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Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight

Código 5512 (Harmonized System 2012 by 4 digits)

 2023: US$187M, Total Trade Exchange

2023: US$39.8M, International Sales

  2023: US$147M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight was US$187M.

In 2023, the states with the most international sales in Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight were Baja California (US$9.23M), Ciudad de México (US$6.99M), Jalisco (US$487k), Coahuila de Zaragoza (US$478k), and Chihuahua (US$467k).

The states with the most international purchases in 2023 were Baja California (US$40.2M), Puebla (US$27.3M), Coahuila de Zaragoza (US$18.6M), Ciudad de México (US$14.1M), and Tamaulipas (US$8.67M).

In 2023, the main commercial destinations of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight were United States (US$11.6M), Argentina (US$3.02M), Colombia (US$1.86M), Honduras (US$626k), and Trinidad and Tobago (US$417k).

The main commercial origins of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight in 2023 were United States (US$86.3M), China (US$37.4M), Taiwan (Republic of China) (US$8.49M), India (US$3.61M), and Spain (US$2.55M).

In the global context, the main exporting countries of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight in 2022 were China (US$1.34B), United States (US$293M), and South Korea (US$164M). In the same year, the main importing countries of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight were Vietnam (US$536M), Morocco (US$267M), and Mexico (US$168M).

Trade Balance of Mexico

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Net Trade Balance

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US$187M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight in Mexico (including international purchases and sales) was US$187M.

The visualizations show the net balance of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight 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

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July, 2024

  • US$10.3M, International Purchases
  • US$3.95M, International Sales

In July 2024, international sales of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight were US$3.95M, while international purchases reached US$10.3M. The above results in a trade balance of -US$6.33M.

Market Concentration

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2024-Q3: US$893k, International Sales

The visualization shows the quarterly concentration of international sales of Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight at state level.

In the third quarter of 2024, international sales were US$893k, being the states with the most sales Ciudad de México (US$877k), Baja California (US$13.3k), and Coahuila de Zaragoza (US$2.6k).

Exchange by Territory

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International Sales

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Baja California: US$9.23M, State with the Most International Sales (2023)

United States: US$11.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight were Baja California (US$9.23M), Ciudad de México (US$6.99M), Jalisco (US$487k), Coahuila de Zaragoza (US$478k), and Chihuahua (US$467k).

In 2023, the countries with the most international purchases from Mexico were United States (US$11.6M), Argentina (US$3.02M), Colombia (US$1.86M), Honduras (US$626k), and Trinidad and Tobago (US$417k).

International Purchases

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Baja California: US$40.2M, State with the Most International Purchases (2023)

United States: US$86.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight were Baja California (US$40.2M), Puebla (US$27.3M), Coahuila de Zaragoza (US$18.6M), Ciudad de México (US$14.1M), and Tamaulipas (US$8.67M).

The countries with the most international sales to Mexico in 2023 were United States (US$86.3M), China (US$37.4M), Taiwan (Republic of China) (US$8.49M), India (US$3.61M), and Spain (US$2.55M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight. 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

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  • 1.32%, Mexican share in global exports - 2022
  • 4.75%, Mexican share in global imports - 2022

The visualizations show the global market for Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight. 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 Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight were China (US$1.34B), United States (US$293M), and South Korea (US$164M). In the same year, the main importing countries for Woven Fabrics of Synthetic Staple Fibers, Staple Fiber Content not less than 85% by Weight were Vietnam (US$536M), Morocco (US$267M), and Mexico (US$168M).