Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair")
Código 600191 (Harmonized System 2012 by 6 digits)
2023: US$166k, International Sales
2024: US$1.13M, International Purchases
In 2023, the states with the most international sales in Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") were Baja California (US$145k).
The states with the most international purchases in 2024 were Baja California (US$407k) and Ciudad de México (US$44.8k).
In 2023, the main commercial destinations of Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") were United States (US$145k).
The main commercial origins of Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") in 2024 were China (US$436k) and Guatemala (US$16.8k).
In the global context, the main exporting countries of Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") in 2022 were China (US$324M), Turkey (US$21.8M), and Vietnam (US$11.3M). In the same year, the main importing countries of Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") were Vietnam (US$95.8M), Bangladesh (US$91.6M), and Indonesia (US$47.6M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") 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 sectionDecember, 2024: US$51.3k, International Purchases
In December 2024, international sales of Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") were US$0, while international purchases reached US$51.3k. The above results in a trade balance of -US$51.3k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$145k, State with the Most International Sales (2023)
United States: US$145k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") were Baja California (US$145k).
In 2023, the countries with the most international purchases from Mexico were United States (US$145k).
International Purchases
#permalink to sectionBaja California: US$407k, State with the Most International Purchases (2024)
China: US$436k, Main Commercial Origin (2024)
In 2024, the states with the highest international in Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") were Baja California (US$407k) and Ciudad de México (US$44.8k).
The countries with the most international sales to Mexico in 2024 were China (US$436k) and Guatemala (US$16.8k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair"). 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- 0.011%, Mexican share in global exports - 2022
- 0.086%, Mexican share in global imports - 2022
The visualizations show the global market for Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair"). 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 Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") were China (US$324M), Turkey (US$21.8M), and Vietnam (US$11.3M). In the same year, the main importing countries for Velor and Fleece, Knitted or Crocheted, of Cotton (Excl. Tissue "Longhair") were Vietnam (US$95.8M), Bangladesh (US$91.6M), and Indonesia (US$47.6M).