ProceduresGovernment

Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated)

Código 600240 (Harmonized System 2012 by 6 digits)

 2023: US$4.01M, Total Trade Exchange

2023: US$161k, International Sales

  2023: US$3.85M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) was US$4.01M.

In 2023, the states with the most international sales in Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Estado de México (US$58.6k), Coahuila de Zaragoza (US$18.1k), and Baja California (US$6.31k).

The states with the most international purchases in 2023 were Estado de México (US$1.22M), Baja California (US$699k), Tamaulipas (US$435k), Chihuahua (US$214k), and Coahuila de Zaragoza (US$207k).

In 2023, the main commercial destinations of Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Colombia (US$58.6k), United States (US$23k), and El Salvador (US$1.47k).

The main commercial origins of Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in 2023 were United States (US$1.39M), Colombia (US$773k), China (US$745k), El Salvador (US$18.5k), and Germany (US$12.1k).

In the global context, the main exporting countries of Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in 2022 were China (US$92.2M), United States (US$37.1M), and Hong Kong (US$17.3M). In the same year, the main importing countries of Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Honduras (US$27.3M), Bangladesh (US$23.2M), and Hong Kong (US$14.2M).

Trade Balance of Mexico

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Net Trade Balance

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US$4.01M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in Mexico (including international purchases and sales) was US$4.01M.

The visualizations show the net balance of Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) 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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November, 2024: US$537k, International Purchases

In November 2024, international sales of Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were US$0, while international purchases reached US$537k. The above results in a trade balance of -US$537k.

Exchange by Territory

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International Sales

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Estado de México: US$58.6k, State with the Most International Sales (2023)

Colombia: US$58.6k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Estado de México (US$58.6k), Coahuila de Zaragoza (US$18.1k), and Baja California (US$6.31k).

In 2023, the countries with the most international purchases from Mexico were Colombia (US$58.6k), United States (US$23k), and El Salvador (US$1.47k).

International Purchases

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Estado de México: US$1.22M, State with the Most International Purchases (2023)

United States: US$1.39M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Estado de México (US$1.22M), Baja California (US$699k), Tamaulipas (US$435k), Chihuahua (US$214k), and Coahuila de Zaragoza (US$207k).

The countries with the most international sales to Mexico in 2023 were United States (US$1.39M), Colombia (US$773k), China (US$745k), El Salvador (US$18.5k), and Germany (US$12.1k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated). 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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  • 0.0007%, Mexican share in global exports - 2022
  • 2.6%, Mexican share in global imports - 2022

The visualizations show the global market for Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated). 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 Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were China (US$92.2M), United States (US$37.1M), and Hong Kong (US$17.3M). In the same year, the main importing countries for Knits, Width <= 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;.. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics , Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Honduras (US$27.3M), Bangladesh (US$23.2M), and Hong Kong (US$14.2M).