Special Yarns; Cordage, Ropes and Cables; Articles Thereof
Code 56 (Harmonized System 2012 by 2 digits)
2024: US$1.32B, Total Trade Exchange
2024: US$351M, International Sales
2024: US$973M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Special Yarns; Cordage, Ropes and Cables; Articles Thereof was US$1.32B.
In the global context, the main exporting countries of Special Yarns; Cordage, Ropes and Cables; Articles Thereof in 2022 were China (US$61.6B), Germany (US$28.5B), and United States (US$25B). In the same year, the main importing countries of Special Yarns; Cordage, Ropes and Cables; Articles Thereof were United States (US$27.6B), Germany (US$18B), and China (US$13.5B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.32B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Special Yarns; Cordage, Ropes and Cables; Articles Thereof in Mexico (including international purchases and sales) was US$1.32B.
The visualizations show the net balance of Special Yarns; Cordage, Ropes and Cables; Articles Thereof 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 sectionMay, 2025
- US$22.4M, International Sales
- US$109M, International Purchases
In May 2025, international sales of Special Yarns; Cordage, Ropes and Cables; Articles Thereof were US$22.4M and a total of US$109M in international purchases. For this month the net trade balance of Special Yarns; Cordage, Ropes and Cables; Articles Thereof it was of -US$86.3M.
Market Concentration
#permalink to section2025-Q2: US$47.5M, International Sales
The visualization shows the quarterly concentration of international sales of Special Yarns; Cordage, Ropes and Cables; Articles Thereof at state level.
In the second quarter of 2025, international sales were US$47.5M, being the states with the most sales Estado de México (US$11M), Chihuahua (US$8.44M), and Ciudad de México (US$5.85M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Special Yarns; Cordage, Ropes and Cables; Articles Thereof and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Special Yarns; Cordage, Ropes and Cables; Articles Thereof. 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- N/A%, Mexican share in global exports - 2022
- 3.35%, Mexican share in global imports - 2022
The visualizations show the global market for Special Yarns; Cordage, Ropes and Cables; Articles Thereof. 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 Special Yarns; Cordage, Ropes and Cables; Articles Thereof were China (US$61.6B), Germany (US$28.5B), and United States (US$25B). In the same year, the main importing countries for Special Yarns; Cordage, Ropes and Cables; Articles Thereof were United States (US$27.6B), Germany (US$18B), and China (US$13.5B).