ProceduresGovernment

Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks

Código 9606 (Harmonized System 2012 by 4 digits)

 2023: US$25.1M, Total Trade Exchange

2023: US$6.12M, International Sales

  2023: US$19M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks was US$25.1M.

In 2023, the states with the most international sales in Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks were Guanajuato (US$3.51M), Chihuahua (US$1.57M), Baja California (US$553k), Yucatán (US$83k), and Tamaulipas (US$62.6k).

The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$3.6M), Ciudad de México (US$3.11M), Guanajuato (US$2.46M), Jalisco (US$1.58M), and Yucatán (US$1.14M).

In 2023, the main commercial destinations of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks were United States (US$5.4M), Nicaragua (US$219k), Hong Kong (US$176k), Guatemala (US$48.5k), and Japan (US$37.2k).

The main commercial origins of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks in 2023 were United States (US$10.1M), China (US$5.42M), Japan (US$648k), Germany (US$606k), and Italy (US$524k).

In the global context, the main exporting countries of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks in 2022 were China (US$731M), Hong Kong (US$180M), and Italy (US$172M). In the same year, the main importing countries of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks were Vietnam (US$187M), Bangladesh (US$168M), and Hong Kong (US$118M).

Trade Balance of Mexico

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Net Trade Balance

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US$25.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks in Mexico (including international purchases and sales) was US$25.1M.

The visualizations show the net balance of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks 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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July, 2024

  • US$1.68M, International Purchases
  • US$536k, International Sales

In July 2024, international sales of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks were US$536k, while international purchases reached US$1.68M. The above results in a trade balance of -US$1.14M.

Market Concentration

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2024-Q3: US$16.7k, International Sales

The visualization shows the quarterly concentration of international sales of Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks at state level.

In the third quarter of 2024, international sales were US$16.7k, being the states with the most sales Baja California (US$5.99k), Puebla (US$4.64k), and Coahuila de Zaragoza (US$3.02k).

Exchange by Territory

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International Sales

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Guanajuato: US$3.51M, State with the Most International Sales (2023)

United States: US$5.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks were Guanajuato (US$3.51M), Chihuahua (US$1.57M), Baja California (US$553k), Yucatán (US$83k), and Tamaulipas (US$62.6k).

In 2023, the countries with the most international purchases from Mexico were United States (US$5.4M), Nicaragua (US$219k), Hong Kong (US$176k), Guatemala (US$48.5k), and Japan (US$37.2k).

International Purchases

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Coahuila de Zaragoza: US$3.6M, State with the Most International Purchases (2023)

United States: US$10.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks were Coahuila de Zaragoza (US$3.6M), Ciudad de México (US$3.11M), Guanajuato (US$2.46M), Jalisco (US$1.58M), and Yucatán (US$1.14M).

The countries with the most international sales to Mexico in 2023 were United States (US$10.1M), China (US$5.42M), Japan (US$648k), Germany (US$606k), and Italy (US$524k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks. 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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  • 0.28%, Mexican share in global exports - 2022
  • 1.44%, Mexican share in global imports - 2022

The visualizations show the global market for Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks. 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 Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks were China (US$731M), Hong Kong (US$180M), and Italy (US$172M). In the same year, the main importing countries for Buttons and Poppers; Button Molds other Parts of Buttons or Snap Fasteners; Button Blanks were Vietnam (US$187M), Bangladesh (US$168M), and Hong Kong (US$118M).