Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics)
Código 7019 (Harmonized System 2012 by 4 digits)
2023: US$1.3B, Total Trade Exchange
2023: US$520M, International Sales
2023: US$784M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) was US$1.3B.
In 2023, the states with the most international sales in Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) were Tlaxcala (US$187M), Morelos (US$130M), Nuevo León (US$43.7M), Ciudad de México (US$37M), and Baja California (US$24.7M).
The states with the most international purchases in 2023 were Nuevo León (US$183M), Chihuahua (US$144M), Tamaulipas (US$76.5M), Baja California (US$65.2M), and Ciudad de México (US$60.3M).
In 2023, the main commercial destinations of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) were United States (US$424M), Canada (US$16.5M), United Kingdom (US$11.4M), Belgium (US$9.17M), and Norway (US$8.46M).
The main commercial origins of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) in 2023 were United States (US$498M), China (US$167M), Canada (US$26.5M), Germany (US$16.8M), and India (US$11.3M).
In the global context, the main exporting countries of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) in 2022 were China (US$3.82B), United States (US$1.28B), and Germany (US$1.04B). In the same year, the main importing countries of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) were United States (US$2.06B), Germany (US$1.37B), and France (US$788M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.3B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) in Mexico (including international purchases and sales) was US$1.3B.
The visualizations show the net balance of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) 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, 2024
- US$76.2M, International Purchases
- US$38.7M, International Sales
In March 2024, international sales of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) were US$38.7M, while international purchases reached US$76.2M. The above results in a trade balance of -US$37.5M.
Market Concentration
#permalink to section2024-Q2: US$29.1M, International Sales
The visualization shows the quarterly concentration of international sales of Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) at state level.
In the second quarter of 2024, international sales were US$29.1M, being the states with the most sales Tlaxcala (US$12.4M), Ciudad de México (US$4.01M), and Baja California (US$2.76M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTlaxcala: US$187M, State with the Most International Sales (2023)
United States: US$424M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) were Tlaxcala (US$187M), Morelos (US$130M), Nuevo León (US$43.7M), Ciudad de México (US$37M), and Baja California (US$24.7M).
In 2023, the countries with the most international purchases from Mexico were United States (US$424M), Canada (US$16.5M), United Kingdom (US$11.4M), Belgium (US$9.17M), and Norway (US$8.46M).
International Purchases
#permalink to sectionNuevo León: US$183M, State with the Most International Purchases (2023)
United States: US$498M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) were Nuevo León (US$183M), Chihuahua (US$144M), Tamaulipas (US$76.5M), Baja California (US$65.2M), and Ciudad de México (US$60.3M).
The countries with the most international sales to Mexico in 2023 were United States (US$498M), China (US$167M), Canada (US$26.5M), Germany (US$16.8M), and India (US$11.3M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics). 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- 4%, Mexican share in global exports - 2022
- 3.47%, Mexican share in global imports - 2022
The visualizations show the global market for Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics). 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 Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) were China (US$3.82B), United States (US$1.28B), and Germany (US$1.04B). In the same year, the main importing countries for Fiberglass (Including Glass Wool) and Articles Thereof (For Example, Yarn, Fabrics) were United States (US$2.06B), Germany (US$1.37B), and France (US$788M).