ProceduresGovernment

Wooden Furniture

Código 940360 (Harmonized System 2012 by 6 digits)

 2024: US$653M, Total Trade Exchange

2024: US$474M, International Sales

  2024: US$179M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Wooden Furniture was US$653M.

In 2024, the states with the most international sales in Wooden Furniture were Tamaulipas (US$235M), Baja California (US$47.8M), Ciudad de México (US$43.6M), Puebla (US$43.1M), and Yucatán (US$39.8M).

The states with the most international purchases in 2024 were Ciudad de México (US$78.2M), Estado de México (US$24.5M), Nuevo León (US$16M), Tamaulipas (US$14.9M), and Chihuahua (US$8.51M).

In the global context, the main exporting countries of Wooden Furniture in 2022 were China (US$81B), Vietnam (US$27.3B), and Poland (US$25.4B). In the same year, the main importing countries of Wooden Furniture were N/A.

Trade Balance of Mexico

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Net Trade Balance

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US$653M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Wooden Furniture in Mexico (including international purchases and sales) was US$653M.

The visualizations show the net balance of Wooden Furniture 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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Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wooden Furniture  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wooden Furniture. 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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  • N/A%, Mexican share in global exports - 2022
  • N/A%, Mexican share in global imports - 2022

The visualizations show the global market for Wooden Furniture. 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 Wooden Furniture were China (US$81B), Vietnam (US$27.3B), and Poland (US$25.4B). In the same year, the main importing countries for Wooden Furniture were N/A.