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Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal

Código 8309 (Harmonized System 2012 by 4 digits)

 2023: US$691M, Total Trade Exchange

2023: US$501M, International Sales

  2023: US$190M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal was US$691M.

In 2023, the states with the most international sales in Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal were Ciudad de México (US$191M), Nuevo León (US$179M), Guanajuato (US$27.6M), Estado de México (US$19.6M), and Jalisco (US$15M).

The states with the most international purchases in 2023 were Ciudad de México (US$42.8M), Estado de México (US$22.7M), Jalisco (US$20.3M), Nuevo León (US$19.3M), and Guanajuato (US$13.7M).

In 2023, the main commercial destinations of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal were United States (US$260M), Guatemala (US$61M), Colombia (US$16.6M), Puerto Rico (US$14.3M), and Panama (US$12M).

The main commercial origins of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal in 2023 were United States (US$78M), China (US$30.9M), Spain (US$25.6M), Costa Rica (US$9.06M), and Italy (US$5.66M).

In the global context, the main exporting countries of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal in 2022 were China (US$1.36B), Poland (US$942M), and Italy (US$860M). In the same year, the main importing countries of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal were United States (US$1.2B), France (US$743M), and Germany (US$574M).

Trade Balance of Mexico

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Net Trade Balance

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US$691M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal in Mexico (including international purchases and sales) was US$691M.

The visualizations show the net balance of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal 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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January, 2024

  • US$12.3M, International Purchases
  • US$46M, International Sales

In January 2024, international sales of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal were US$46M, while international purchases reached US$12.3M. The above results in a trade balance of US$33.7M.

Market Concentration

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2024-Q1: US$73.8M, International Sales

The visualization shows the quarterly concentration of international sales of Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal at state level.

In the first quarter of 2024, international sales were US$73.8M, being the states with the most sales Ciudad de México (US$31.6M), Nuevo León (US$31.3M), and Guanajuato (US$4.95M).

Exchange by Territory

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International Sales

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Ciudad de México: US$191M, State with the Most International Sales (2023)

United States: US$260M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal were Ciudad de México (US$191M), Nuevo León (US$179M), Guanajuato (US$27.6M), Estado de México (US$19.6M), and Jalisco (US$15M).

In 2023, the countries with the most international purchases from Mexico were United States (US$260M), Guatemala (US$61M), Colombia (US$16.6M), Puerto Rico (US$14.3M), and Panama (US$12M).

International Purchases

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Ciudad de México: US$42.8M, State with the Most International Purchases (2023)

United States: US$78M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal were Ciudad de México (US$42.8M), Estado de México (US$22.7M), Jalisco (US$20.3M), Nuevo León (US$19.3M), and Guanajuato (US$13.7M).

The countries with the most international sales to Mexico in 2023 were United States (US$78M), China (US$30.9M), Spain (US$25.6M), Costa Rica (US$9.06M), and Italy (US$5.66M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal. 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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  • 5.28%, Mexican share in global exports - 2022
  • 1.46%, Mexican share in global imports - 2022

The visualizations show the global market for Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal. 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 Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal were China (US$1.36B), Poland (US$942M), and Italy (US$860M). In the same year, the main importing countries for Caps and Lids (Including Crown Caps, Screw Caps and Pouring Stoppers), Capsules for Bottles, Bung Covers, Seals and other Packing Accessories, of Base Metal were United States (US$1.2B), France (US$743M), and Germany (US$574M).