Textiles
Code 11 (Harmonized System 2012 by Sector)
2024: US$24.3B, Total Trade Exchange
2024: US$9.35B, International Sales
2024: US$15B, International Purchases
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Textiles and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Textiles. 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- 0.92%, Mexican share in global exports - 2022
- 1.56%, Mexican share in global imports - 2022
The visualizations show the global market for Textiles. 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 Textiles were China (US$283B), Bangladesh (US$57.7B), and Vietnam (US$53B). In the same year, the main importing countries for Textiles were United States (US$147B), Germany (US$67.8B), and France (US$36B).