Código 844851 (Harmonized System 2012 by 6 digits)
2024: US$9.43M, Total Trade Exchange
2024: US$19.8k, International Sales
2024: US$9.41M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 was US$9.43M.
In 2023, the states with the most international sales in Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 were Estado de México (US$28.5k).
The states with the most international purchases in 2024 were Estado de México (US$7.32M), Ciudad de México (US$1.04M), Nuevo León (US$288k), Coahuila de Zaragoza (US$157k), and Tlaxcala (US$129k).
In 2023, the main commercial destinations of Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 were Germany (US$17.3k), Peru (US$11.1k), and United States (US$76).
The main commercial origins of Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 in 2024 were Germany (US$2.48M), Portugal (US$1.63M), India (US$1.56M), Vietnam (US$1.25M), and South Korea (US$531k).
In the global context, the main exporting countries of Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 in 2022 were Germany (US$272M), Singapore (US$219M), and Portugal (US$171M). In the same year, the main importing countries of Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 were China (US$296M), Singapore (US$176M), and Germany (US$75.8M).
US$9.43M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 in Mexico (including international purchases and sales) was US$9.43M.
The visualizations show the net balance of Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 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: US$1.13M, International Purchases
In March 2025, international sales of Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 were US$0, while international purchases reached US$1.13M. The above results in a trade balance of -US$1.13M.
Estado de México: US$28.5k, State with the Most International Sales (2023)
Germany: US$17.3k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 were Estado de México (US$28.5k).
In 2023, the countries with the most international purchases from Mexico were Germany (US$17.3k), Peru (US$11.1k), and United States (US$76).
Estado de México: US$7.32M, State with the Most International Purchases (2024)
Germany: US$2.48M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 were Estado de México (US$7.32M), Ciudad de México (US$1.04M), Nuevo León (US$288k), Coahuila de Zaragoza (US$157k), and Tlaxcala (US$129k).
The countries with the most international sales to Mexico in 2024 were Germany (US$2.48M), Portugal (US$1.63M), India (US$1.56M), Vietnam (US$1.25M), and South Korea (US$531k).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447. 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 Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447. 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 Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 were Germany (US$272M), Singapore (US$219M), and Portugal (US$171M). In the same year, the main importing countries for Sinkers, Needles and other Articles Used in Forming Stitches, for Machines of Heading 8447 were China (US$296M), Singapore (US$176M), and Germany (US$75.8M).