ProceduresGovernment

Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather

Código 420231 (Harmonized System 2012 by 6 digits)

 2024: US$60.8M, Total Trade Exchange

2024: US$22.5M, International Sales

  2024: US$38.3M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather was US$60.8M.

In 2024, the states with the most international sales in Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather were Baja California (US$12.5M), Guanajuato (US$9.26M), Ciudad de México (US$613k), Jalisco (US$26.7k), and Veracruz de Ignacio de la Llave (US$23.1k).

The states with the most international purchases in 2024 were Ciudad de México (US$19.7M), Baja California (US$14.3M), Estado de México (US$2.8M), Nuevo León (US$460k), and Puebla (US$421k).

In 2024, the main commercial destinations of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather were United States (US$21.6M), Italy (US$173k), Canada (US$161k), France (US$79.6k), and Switzerland (US$76.8k).

The main commercial origins of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather in 2024 were Italy (US$11.9M), India (US$5.63M), Vietnam (US$5.53M), China (US$3.96M), and Cambodia (US$3.87M).

In the global context, the main exporting countries of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather in 2022 were Italy (US$1.14B), France (US$838M), and China (US$506M). In the same year, the main importing countries of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather were Japan (US$588M), United States (US$561M), and South Korea (US$292M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$60.8M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather in Mexico (including international purchases and sales) was US$60.8M.

The visualizations show the net balance of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather 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 section

March, 2025

  • US$2.3M, International Purchases
  • US$1.98M, International Sales

In March 2025, international sales of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather were US$1.98M, while international purchases reached US$2.3M. The above results in a trade balance of -US$317k.

Market Concentration

#permalink to section

2025-Q1: US$5.18M, International Sales

The visualization shows the quarterly concentration of international sales of Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather at state level.

In the first quarter of 2025, international sales were US$5.18M, being the states with the most sales Guanajuato (US$2.63M), Baja California (US$2.37M), and Ciudad de México (US$189k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$12.5M, State with the Most International Sales (2024)

United States: US$21.6M, Main commercial destination (2024)

In 2024, the states with the highest international sales in Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather were Baja California (US$12.5M), Guanajuato (US$9.26M), Ciudad de México (US$613k), Jalisco (US$26.7k), and Veracruz de Ignacio de la Llave (US$23.1k).

In 2024, the countries with the most international purchases from Mexico were United States (US$21.6M), Italy (US$173k), Canada (US$161k), France (US$79.6k), and Switzerland (US$76.8k).

International Purchases

#permalink to section

Ciudad de México: US$19.7M, State with the Most International Purchases (2024)

Italy: US$11.9M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather were Ciudad de México (US$19.7M), Baja California (US$14.3M), Estado de México (US$2.8M), Nuevo León (US$460k), and Puebla (US$421k).

The countries with the most international sales to Mexico in 2024 were Italy (US$11.9M), India (US$5.63M), Vietnam (US$5.53M), China (US$3.96M), and Cambodia (US$3.87M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather. 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

#permalink to section

  • 0.19%, Mexican share in global exports - 2022
  • 0.67%, Mexican share in global imports - 2022

The visualizations show the global market for Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather. 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 Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather were Italy (US$1.14B), France (US$838M), and China (US$506M). In the same year, the main importing countries for Wallets, Purses, Key-Pouches, Cigarette Cases, Bags and other Articles for Snuff Pocket or Handbag "Portfolios" with Outer Surface of Leather, Composition Leather or Patent Leather were Japan (US$588M), United States (US$561M), and South Korea (US$292M).