Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made
Código 5704 (Harmonized System 2012 by 4 digits)
2024: US$14M, Total Trade Exchange
2024: US$5.35M, International Sales
2024: US$8.64M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made was US$14M.
In 2024, the states with the most international sales in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Guanajuato (US$185k), Baja California (US$33.7k), and Nuevo León (US$1.05k).
The states with the most international purchases in 2024 were San Luis Potosí (US$4.96M), Estado de México (US$565k), Nuevo León (US$406k), Ciudad de México (US$241k), and Jalisco (US$184k).
In 2024, the main commercial destinations of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were United States (US$185k), El Salvador (US$32.1k), Italy (US$2.67k), Canada (US$114), and Colombia (US$48).
The main commercial origins of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made in 2024 were China (US$4.8M), United States (US$801k), Belgium (US$427k), Italy (US$186k), and Germany (US$69.7k).
In the global context, the main exporting countries of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made in 2022 were Netherlands (US$127M), Belgium (US$127M), and China (US$69.1M). In the same year, the main importing countries of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Germany (US$122M), United States (US$69M), and United Kingdom (US$48.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$14M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made in Mexico (including international purchases and sales) was US$14M.
The visualizations show the net balance of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made 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 sectionMarch, 2025
- US$1.19M, International Purchases
- US$818k, International Sales
In March 2025, international sales of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were US$818k, while international purchases reached US$1.19M. The above results in a trade balance of -US$373k.
Market Concentration
#permalink to section2025-Q1: US$143k, International Sales
The visualization shows the quarterly concentration of international sales of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made at state level.
In the first quarter of 2025, international sales were US$143k, being the states with the most sales Guanajuato (US$143k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$185k, State with the Most International Sales (2024)
United States: US$185k, Main commercial destination (2024)
In 2024, the states with the highest international sales in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Guanajuato (US$185k), Baja California (US$33.7k), and Nuevo León (US$1.05k).
In 2024, the countries with the most international purchases from Mexico were United States (US$185k), El Salvador (US$32.1k), Italy (US$2.67k), Canada (US$114), and Colombia (US$48).
International Purchases
#permalink to sectionSan Luis Potosí: US$4.96M, State with the Most International Purchases (2024)
China: US$4.8M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were San Luis Potosí (US$4.96M), Estado de México (US$565k), Nuevo León (US$406k), Ciudad de México (US$241k), and Jalisco (US$184k).
The countries with the most international sales to Mexico in 2024 were China (US$4.8M), United States (US$801k), Belgium (US$427k), Italy (US$186k), and Germany (US$69.7k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made. 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- 0.71%, Mexican share in global exports - 2022
- 0.86%, Mexican share in global imports - 2022
The visualizations show the global market for Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made. 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 Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Netherlands (US$127M), Belgium (US$127M), and China (US$69.1M). In the same year, the main importing countries for Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Germany (US$122M), United States (US$69M), and United Kingdom (US$48.8M).