Código 580121 (Harmonized System 2012 by 6 digits)
2014: US$333, International Sales
2024: US$109k, International Purchases
The states with the most international purchases in 2024 were Ciudad de México (US$41.8k).
The main commercial origins of Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) in 2024 were China (US$38.1k) and Spain (US$3.73k).
In the global context, the main exporting countries of Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) in 2022 were China (US$10M), Belgium (US$6.88M), and Pakistan (US$2.12M). In the same year, the main importing countries of Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were France (US$6.97M), Vietnam (US$3.06M), and Italy (US$2.92M).
The visualizations show the net balance of Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) 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.
June, 2023: US$36.3k, International Purchases
In June 2023, international sales of Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were US$0, while international purchases reached US$36.3k. The above results in a trade balance of -US$36.3k.
Ciudad de México: US$41.8k, State with the Most International Purchases (2024)
China: US$38.1k, Main Commercial Origin (2024)
In 2024, the states with the highest international in Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were Ciudad de México (US$41.8k).
The countries with the most international sales to Mexico in 2024 were China (US$38.1k) and Spain (US$3.73k).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806). 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 Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806). 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 Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were China (US$10M), Belgium (US$6.88M), and Pakistan (US$2.12M). In the same year, the main importing countries for Velor and Terry Fabrics, Uncut, Cotton (Exc. Crocheted and Toweling Fabrics, Tufted Surface Textiles and Ribbons Heading 5806) were France (US$6.97M), Vietnam (US$3.06M), and Italy (US$2.92M).