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Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated

Código 5806 (Harmonized System 2012 by 4 digits)

 2023: US$329M, Total Trade Exchange

2023: US$62M, International Sales

  2023: US$267M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated was US$329M.

In 2023, the states with the most international sales in Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated were Chihuahua (US$38M), Ciudad de México (US$5.82M), Baja California (US$3.76M), Estado de México (US$3.62M), and San Luis Potosí (US$2.95M).

The states with the most international purchases in 2023 were Tamaulipas (US$39.3M), Baja California (US$38.2M), Coahuila de Zaragoza (US$37.1M), Chihuahua (US$30.2M), and Estado de México (US$28.5M).

In 2023, the main commercial destinations of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated were United States (US$56.7M), Australia (US$629k), Nicaragua (US$522k), El Salvador (US$518k), and Colombia (US$480k).

The main commercial origins of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated in 2023 were United States (US$102M), Canada (US$66.5M), China (US$37.3M), Brazil (US$11.1M), and Taiwan (Republic of China) (US$10.8M).

In the global context, the main exporting countries of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated in 2022 were China (US$1.68B), Taiwan (Republic of China) (US$330M), and Germany (US$287M). In the same year, the main importing countries of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated were United States (US$418M), Vietnam (US$291M), and Mexico (US$255M).

Trade Balance of Mexico

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Net Trade Balance

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US$329M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated in Mexico (including international purchases and sales) was US$329M.

The visualizations show the net balance of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated 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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February, 2024

  • US$22.1M, International Purchases
  • US$7.13M, International Sales

In February 2024, international sales of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated were US$7.13M, while international purchases reached US$22.1M. The above results in a trade balance of -US$15M.

Market Concentration

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2024-Q1: US$15M, International Sales

The visualization shows the quarterly concentration of international sales of Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated at state level.

In the first quarter of 2024, international sales were US$15M, being the states with the most sales Chihuahua (US$10.2M), Ciudad de México (US$1.29M), and Guanajuato (US$903k).

Exchange by Territory

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International Sales

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Chihuahua: US$38M, State with the Most International Sales (2023)

United States: US$56.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated were Chihuahua (US$38M), Ciudad de México (US$5.82M), Baja California (US$3.76M), Estado de México (US$3.62M), and San Luis Potosí (US$2.95M).

In 2023, the countries with the most international purchases from Mexico were United States (US$56.7M), Australia (US$629k), Nicaragua (US$522k), El Salvador (US$518k), and Colombia (US$480k).

International Purchases

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Tamaulipas: US$39.3M, State with the Most International Purchases (2023)

United States: US$102M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated were Tamaulipas (US$39.3M), Baja California (US$38.2M), Coahuila de Zaragoza (US$37.1M), Chihuahua (US$30.2M), and Estado de México (US$28.5M).

The countries with the most international sales to Mexico in 2023 were United States (US$102M), Canada (US$66.5M), China (US$37.3M), Brazil (US$11.1M), and Taiwan (Republic of China) (US$10.8M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated. 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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  • 0.39%, Mexican share in global exports - 2022
  • 5.84%, Mexican share in global imports - 2022

The visualizations show the global market for Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated. 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 Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated were China (US$1.68B), Taiwan (Republic of China) (US$330M), and Germany (US$287M). In the same year, the main importing countries for Tapes, other than those of Heading 5807; Ribbons without Weft Assembled Fiber Yarn or Agglomerated were United States (US$418M), Vietnam (US$291M), and Mexico (US$255M).