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Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal

Código 8308 (Harmonized System 2012 by 4 digits)

 2024: US$130M, Total Trade Exchange

2024: US$35.4M, International Sales

  2024: US$94.7M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal was US$130M.

In 2024, the main commercial destinations of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal were United States (US$31.9M), Dominican Republic (US$1.07M), Guatemala (US$1.04M), Jamaica (US$262k), and Nicaragua (US$189k).

The main commercial origins of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal in 2024 were China (US$35.3M), United States (US$30.3M), Taiwan (Republic of China) (US$8.02M), Canada (US$4.89M), and South Korea (US$2.7M).

In the global context, the main exporting countries of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal in 2022 were China (US$1.81B), Italy (US$531M), and Germany (US$260M). In the same year, the main importing countries of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal were France (US$488M), Germany (US$320M), and United States (US$312M).

Trade Balance of Mexico

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Net Trade Balance

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US$130M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal in Mexico (including international purchases and sales) was US$130M.

The visualizations show the net balance of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles 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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March, 2025

  • US$8.02M, International Purchases
  • US$2.17M, International Sales

In March 2025, international sales of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal were US$2.17M, while international purchases reached US$8.02M. The above results in a trade balance of -US$5.86M.

Market Concentration

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2025-Q1: US$6.88M, International Sales

The visualization shows the quarterly concentration of international sales of Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal at state level.

In the first quarter of 2025, international sales were US$6.88M, being the states with the most sales Jalisco (US$3.57M), Coahuila de Zaragoza (US$1.27M), and Guanajuato (US$615k).

Exchange by Territory

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International Sales

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United States: US$31.9M, Main commercial destination (2024)

In 2024, the countries with the most international purchases from Mexico were United States (US$31.9M), Dominican Republic (US$1.07M), Guatemala (US$1.04M), Jamaica (US$262k), and Nicaragua (US$189k).

International Purchases

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China: US$35.3M, Main Commercial Origin (2024)

The countries with the most international sales to Mexico in 2024 were China (US$35.3M), United States (US$30.3M), Taiwan (Republic of China) (US$8.02M), Canada (US$4.89M), and South Korea (US$2.7M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles 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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  • 0.76%, Mexican share in global exports - 2022
  • 2.03%, Mexican share in global imports - 2022

The visualizations show the global market for Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles 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 Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal were China (US$1.81B), Italy (US$531M), and Germany (US$260M). In the same year, the main importing countries for Clasps, Frames with Clasps, Buckles, Buckle Clasps, Hooks, Eyes, Eyelets and the Like, of Base Metal, for Clothing, Footwear, Handbags, Travel Goods or other made up Articles; Rivets Hendida Tubular or Bifurcated Common Metal; Accounts and Spangles of Base Metal were France (US$488M), Germany (US$320M), and United States (US$312M).