The other Furnishing Articles, other than those of Heading 94.04

Código 6304 (Harmonized System 2012 by 4 digits)

 2020: US$55.2M, Total Trade Exchange

2020: US$44M, International Sales

  2020: US$11.2M, International Purchases

In 2020, the trade exchange (includes international purchases and sales) of The other Furnishing Articles, other than those of Heading 94.04 was N/A.

In 2020, the states with the most international sales in The other Furnishing Articles, other than those of Heading 94.04 were Baja California (US$22.2M), Chihuahua (US$11.1M), Puebla (US$3.29M), Tamaulipas (US$2.68M), and Coahuila de Zaragoza (US$626k).

In the same year, the states with the most international purchases were Ciudad de México (US$5.52M), Jalisco (US$568k), Baja California (US$539k), Sonora (US$518k), and Estado de México (US$362k).

In 2020, the main commercial destinations of The other Furnishing Articles, other than those of Heading 94.04 were United States (US$40.6M), Brazil (US$64.2k), Germany (US$11.7k), Guatemala (US$2.65k), and El Salvador (US$2.42k).

In the same year, the main commercial origins of The other Furnishing Articles, other than those of Heading 94.04 were China (US$4.92M), United States (US$1.21M), India (US$985k), Portugal (US$829k), and Bangladesh (US$138k).

In the global context, the main exporting countries of The other Furnishing Articles, other than those of Heading 94.04 in 2019 were China (US$1.51B), India (US$575M), and Morocco (US$141M). In the same year, the main importing countries of The other Furnishing Articles, other than those of Heading 94.04 were United States (US$846M), Germany (US$258M), and Spain (US$207M).

Trade Balance of Mexico

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Net Trade Balance

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N/A, Total Trade Exchange (2020)

In 2020, the total trade exchange of The other Furnishing Articles, other than those of Heading 94.04 in Mexico (including international purchases and sales) was N/A.

The visualizations show the net balance of The other Furnishing Articles, other than those of Heading 94.04 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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February, 2021: US$1.29M, International Purchases

In February 2021, international sales of The other Furnishing Articles, other than those of Heading 94.04 were US$0, while international purchases reached US$1.29M. The above results in a trade balance of $ -1.29M.

Market Concentration

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2020-Q4: US$2.77M, International Sales

The visualization shows the quarterly concentration of international sales of The other Furnishing Articles, other than those of Heading 94.04 at state level.

In the fourth quarter of 2020, international sales were US$2.77M, being the states with the most sales Baja California (US$1.53M), Chihuahua (US$803k), and Tamaulipas (US$185k).

Exchange by Territory

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International Sales

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Baja California: US$22.2M, State with the Most International Sales (2020)

United States: US$40.6M, Main commercial destination (2020)

In 2020, the states with the highest international sales in The other Furnishing Articles, other than those of Heading 94.04 were Baja California (US$22.2M), Chihuahua (US$11.1M), Puebla (US$3.29M), Tamaulipas (US$2.68M), and Coahuila de Zaragoza (US$626k).

In 2020, the countries with the most international purchases from Mexico were United States (US$40.6M), Brazil (US$64.2k), Germany (US$11.7k), Guatemala (US$2.65k), and El Salvador (US$2.42k).

International Purchases

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Ciudad de México: US$5.52M, State with the Most International Purchases (2020)

China: US$4.92M, Main Commercial Origin (2020)

In 2020, the states with the highest international in The other Furnishing Articles, other than those of Heading 94.04 were Ciudad de México (US$5.52M), Jalisco (US$568k), Baja California (US$539k), Sonora (US$518k), and Estado de México (US$362k).

The countries with the most international sales to Mexico were China (US$4.92M), United States (US$1.21M), India (US$985k), Portugal (US$829k), and Bangladesh (US$138k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in The other Furnishing Articles, other than those of Heading 94.04  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in The other Furnishing Articles, other than those of Heading 94.04. 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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  • 1.13%, Mexican share in global exports - 2019
  • 0.64%, Mexican share in global imports - 2019

The visualizations show the global market for The other Furnishing Articles, other than those of Heading 94.04. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2019, the main exporting countries of The other Furnishing Articles, other than those of Heading 94.04 were China (US$1.51B), India (US$575M), and Morocco (US$141M). In the same year, the main importing countries for The other Furnishing Articles, other than those of Heading 94.04 were United States (US$846M), Germany (US$258M), and Spain (US$207M).