Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics
Code 51 (Harmonized System 2012 by 2 digits)
2024: US$91M, Total Trade Exchange
2024: US$49.1M, International Sales
2024: US$41.9M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics was US$91M.
In 2024, the states with the most international sales in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were Ciudad de México (US$30.3M), Puebla (US$9.63M), Tamaulipas (US$310k), and Baja California (US$86k).
The states with the most international purchases in 2024 were Ciudad de México (US$7.65M), Puebla (US$7.3M), Estado de México (US$6.55M), Tamaulipas (US$1.45M), and Nuevo León (US$916k).
In 2024, the main commercial destinations of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were United States (US$27.9M), Guatemala (US$10.3M), Dominican Republic (US$887k), Canada (US$465k), and India (US$315k).
The main commercial origins of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics in 2024 were Italy (US$7.65M), Argentina (US$4.01M), United States (US$3.74M), China (US$2.03M), and Australia (US$1.9M).
In the global context, the main exporting countries of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics in 2022 were Australia (US$2.14B), Italy (US$2.1B), and China (US$1.96B). In the same year, the main importing countries of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were China (US$2.93B), Italy (US$1.36B), and Germany (US$693M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$91M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics in Mexico (including international purchases and sales) was US$91M.
The visualizations show the net balance of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics 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 sectionMarch, 2025
- US$3.57M, International Sales
- US$3.07M, International Purchases
In March 2025, international sales of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were US$3.57M and a total of US$3.07M in international purchases. For this month the net trade balance of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics it was of US$506k.
Market Concentration
#permalink to section2025-Q1: US$2.34M, International Sales
The visualization shows the quarterly concentration of international sales of Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics at state level.
In the first quarter of 2025, international sales were US$2.34M, being the states with the most sales Ciudad de México (US$2.34M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$30.3M, State with the Most International Sales (2024)
United States: US$27.9M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were Ciudad de México (US$30.3M), Puebla (US$9.63M), Tamaulipas (US$310k), and Baja California (US$86k).
In 2024, the countries with the most international purchases from Mexico were United States (US$27.9M), Guatemala (US$10.3M), Dominican Republic (US$887k), Canada (US$465k), and India (US$315k).
International Purchases
#permalink to sectionCiudad de México: US$7.65M, State with the Most International Purchases (2024)
Italy: US$7.65M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were Ciudad de México (US$7.65M), Puebla (US$7.3M), Estado de México (US$6.55M), Tamaulipas (US$1.45M), and Nuevo León (US$916k).
The countries with the most international sales to Mexico in 2024 were Italy (US$7.65M), Argentina (US$4.01M), United States (US$3.74M), China (US$2.03M), and Australia (US$1.9M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics. 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- 0.45%, Mexican share in global exports - 2022
- 0.53%, Mexican share in global imports - 2022
The visualizations show the global market for Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics. 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 Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were Australia (US$2.14B), Italy (US$2.1B), and China (US$1.96B). In the same year, the main importing countries for Wool and Fine or Coarse Animal Hair; Crin Yarn and Fabrics were China (US$2.93B), Italy (US$1.36B), and Germany (US$693M).