Código 8447 (Harmonized System 2012 by 4 digits)
2024: US$62.2M, Total Trade Exchange
2024: US$5.36M, International Sales
2024: US$56.8M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting was US$62.2M.
In 2024, the states with the most international sales in Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting were Ciudad de México (US$1.82M), Nuevo León (US$1.53M), Baja California (US$837k), and Coahuila de Zaragoza (US$327k).
The states with the most international purchases in 2024 were Ciudad de México (US$18.3M), Baja California (US$6.25M), Puebla (US$4.94M), Guanajuato (US$4.81M), and Estado de México (US$3.59M).
In 2024, the main commercial destinations of Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting were Vietnam (US$1.47M), United States (US$1.04M), Dominican Republic (US$783k), Guatemala (US$401k), and Nicaragua (US$225k).
The main commercial origins of Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting in 2024 were China (US$26.6M), Japan (US$12.4M), Germany (US$7.85M), Taiwan (Republic of China) (US$2.66M), and Italy (US$2.33M).
In the global context, the main exporting countries of Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting in 2022 were China (US$1.19B), Japan (US$451M), and Germany (US$363M). In the same year, the main importing countries of Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting were India (US$436M), Turkey (US$372M), and United States (US$250M).
US$62.2M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting in Mexico (including international purchases and sales) was US$62.2M.
The visualizations show the net balance of Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting 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.
March, 2025
In March 2025, international sales of Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting were US$576k, while international purchases reached US$2.57M. The above results in a trade balance of -US$1.99M.
Ciudad de México: US$1.82M, State with the Most International Sales (2024)
Vietnam: US$1.47M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting were Ciudad de México (US$1.82M), Nuevo León (US$1.53M), Baja California (US$837k), and Coahuila de Zaragoza (US$327k).
In 2024, the countries with the most international purchases from Mexico were Vietnam (US$1.47M), United States (US$1.04M), Dominican Republic (US$783k), Guatemala (US$401k), and Nicaragua (US$225k).
Ciudad de México: US$18.3M, State with the Most International Purchases (2024)
China: US$26.6M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting were Ciudad de México (US$18.3M), Baja California (US$6.25M), Puebla (US$4.94M), Guanajuato (US$4.81M), and Estado de México (US$3.59M).
The countries with the most international sales to Mexico in 2024 were China (US$26.6M), Japan (US$12.4M), Germany (US$7.85M), Taiwan (Republic of China) (US$2.66M), and Italy (US$2.33M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting. 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.
The visualizations show the global market for Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting. 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 Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting were China (US$1.19B), Japan (US$451M), and Germany (US$363M). In the same year, the main importing countries for Knitting Machines, Stitch-Bonding, Gimped Yarn, Tulle, Lace, Embroidery, Trimmings, Braid or Tufting were India (US$436M), Turkey (US$372M), and United States (US$250M).