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Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14

Código 4107 (Harmonized System 2012 by 4 digits)

 2023: US$455M, Total Trade Exchange

2023: US$163M, International Sales

  2023: US$292M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 was US$455M.

In 2023, the states with the most international sales in Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 were Guanajuato (US$104M), Coahuila de Zaragoza (US$6.24M), Nuevo León (US$2.45M), Chihuahua (US$886k), and Baja California (US$855k).

The states with the most international purchases in 2023 were Chihuahua (US$138M), Coahuila de Zaragoza (US$43.5M), Guanajuato (US$36.2M), Tamaulipas (US$25.8M), and Puebla (US$23.5M).

In 2023, the main commercial destinations of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 were United States (US$39M), China (US$28.2M), Croatia (US$13.7M), Hungary (US$9.77M), and Hong Kong (US$4.06M).

The main commercial origins of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 in 2023 were Brazil (US$149M), Italy (US$67.9M), Uruguay (US$19.7M), Argentina (US$15.6M), and United States (US$8.63M).

In the global context, the main exporting countries of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 in 2022 were Italy (US$2.5B), China (US$755M), and Brazil (US$612M). In the same year, the main importing countries of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 were Vietnam (US$1.02B), China (US$665M), and United States (US$453M).

Trade Balance of Mexico

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Net Trade Balance

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US$455M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 in Mexico (including international purchases and sales) was US$455M.

The visualizations show the net balance of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 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$30.1M, International Purchases
  • US$10.1M, International Sales

In July 2024, international sales of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 were US$10.1M, while international purchases reached US$30.1M. The above results in a trade balance of -US$20M.

Market Concentration

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2024-Q3: US$6.35M, International Sales

The visualization shows the quarterly concentration of international sales of Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 at state level.

In the third quarter of 2024, international sales were US$6.35M, being the states with the most sales Guanajuato (US$6.29M), Tamaulipas (US$24k), and Chihuahua (US$19.3k).

Exchange by Territory

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International Sales

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Guanajuato: US$104M, State with the Most International Sales (2023)

United States: US$39M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 were Guanajuato (US$104M), Coahuila de Zaragoza (US$6.24M), Nuevo León (US$2.45M), Chihuahua (US$886k), and Baja California (US$855k).

In 2023, the countries with the most international purchases from Mexico were United States (US$39M), China (US$28.2M), Croatia (US$13.7M), Hungary (US$9.77M), and Hong Kong (US$4.06M).

International Purchases

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Chihuahua: US$138M, State with the Most International Purchases (2023)

Brazil: US$149M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 were Chihuahua (US$138M), Coahuila de Zaragoza (US$43.5M), Guanajuato (US$36.2M), Tamaulipas (US$25.8M), and Puebla (US$23.5M).

The countries with the most international sales to Mexico in 2023 were Brazil (US$149M), Italy (US$67.9M), Uruguay (US$19.7M), Argentina (US$15.6M), and United States (US$8.63M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14. 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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  • 1.91%, Mexican share in global exports - 2022
  • 3.26%, Mexican share in global imports - 2022

The visualizations show the global market for Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14. 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 Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 were Italy (US$2.5B), China (US$755M), and Brazil (US$612M). In the same year, the main importing countries for Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 were Vietnam (US$1.02B), China (US$665M), and United States (US$453M).