Yarn of other Vegetable Textile Fibers; Paper Yarn
Código 5308 (Harmonized System 2012 by 4 digits)
2022: US$403k, International Sales
2023: US$3.95M, International Purchases
In 2021, the states with the most international sales in Yarn of other Vegetable Textile Fibers; Paper Yarn were Quintana Roo (US$777).
The states with the most international purchases in 2023 were Ciudad de México (US$307k), Estado de México (US$242k), Baja California (US$37.4k), and Puebla (US$23.7k).
In 2021, the main commercial destinations of Yarn of other Vegetable Textile Fibers; Paper Yarn were Belize (US$729), Cuba (US$34), and Dominican Republic (US$14).
The main commercial origins of Yarn of other Vegetable Textile Fibers; Paper Yarn in 2023 were Colombia (US$146k), China (US$117k), Turkey (US$97.5k), Spain (US$80.3k), and United States (US$56.8k).
In the global context, the main exporting countries of Yarn of other Vegetable Textile Fibers; Paper Yarn in 2022 were China (US$46.2M), Kenya (US$24.2M), and Italy (US$21.3M). In the same year, the main importing countries of Yarn of other Vegetable Textile Fibers; Paper Yarn were Nigeria (US$30M), Italy (US$8.8M), and United States (US$8.54M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Yarn of other Vegetable Textile Fibers; Paper Yarn 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$499k, International Purchases
In July 2024, international sales of Yarn of other Vegetable Textile Fibers; Paper Yarn were US$0, while international purchases reached US$499k. The above results in a trade balance of -US$499k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionQuintana Roo: US$777, State with the Most International Sales (2021)
Belize: US$729, Main commercial destination (2021)
In 2021, the states with the highest international sales in Yarn of other Vegetable Textile Fibers; Paper Yarn were Quintana Roo (US$777).
In 2021, the countries with the most international purchases from Mexico were Belize (US$729), Cuba (US$34), and Dominican Republic (US$14).
International Purchases
#permalink to sectionCiudad de México: US$307k, State with the Most International Purchases (2023)
Colombia: US$146k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Yarn of other Vegetable Textile Fibers; Paper Yarn were Ciudad de México (US$307k), Estado de México (US$242k), Baja California (US$37.4k), and Puebla (US$23.7k).
The countries with the most international sales to Mexico in 2023 were Colombia (US$146k), China (US$117k), Turkey (US$97.5k), Spain (US$80.3k), and United States (US$56.8k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Yarn of other Vegetable Textile Fibers; Paper Yarn and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Yarn of other Vegetable Textile Fibers; Paper Yarn. 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- 0.2%, Mexican share in global exports - 2022
- 1.52%, Mexican share in global imports - 2022
The visualizations show the global market for Yarn of other Vegetable Textile Fibers; Paper Yarn. 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 Yarn of other Vegetable Textile Fibers; Paper Yarn were China (US$46.2M), Kenya (US$24.2M), and Italy (US$21.3M). In the same year, the main importing countries for Yarn of other Vegetable Textile Fibers; Paper Yarn were Nigeria (US$30M), Italy (US$8.8M), and United States (US$8.54M).