HS Icon Other Metal Fasteners

Clasps, frames with clasps, buckles, buckle-clasps, hooks, eyes, eyelets etc for clothing & accessories, footwear, jewellery, wrist-watches, books, awnings, leather goods, travel goods, saddlery etc, tubular etc rivets, beads, spangles, of base metal

8308 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Other Metal Fasteners. In 2021, Other Metal Fasteners were the world's 576th most traded product, with a total trade of $4.32B. Between 2020 and 2021 the exports of Other Metal Fasteners grew by 34.1%, from $3.22B to $4.32B. Trade in Other Metal Fasteners represent 0.00021% of total world trade.

Other Metal Fasteners are a part of Miscellaneous metal products. They include Clasps/buckles, etc for clothing, footwear, bags etc, Hooks, eyes, eyelets, for clothing, footwear, bags et, and Rivets, for clothing, footwear, bags/etc.

Exports In 2021 the top exporters of Other Metal Fasteners  were China ($1.49B), Italy ($545M), Germany ($232M), France ($201M), and Hong Kong ($195M).

Imports In 2021 the top importers of Other Metal Fasteners were France ($402M), Germany ($283M), Vietnam ($236M), United States ($236M), and Italy ($235M).

Tariffs In 2018 the average tariff for Other Metal Fasteners was 9.07%, making it the 468th lowest tariff using the HS4 product classification.

Ranking Other Metal Fasteners ranks 231st in the Product Complexity Index (PCI).

Description Clasps, frames with clasps, buckles, buckle-clasps, hooks, eyes, eyelets and the like are used to fasten clothing or other articles together. They can be made from a variety of materials, including base metal.

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Y-AXIS SCALE

The following visualization shows the latest trends on Other Metal Fasteners. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $1.49B

Top Destination (2021): France, $402M

Other Metal Fasteners are the world's 576th most traded product.

In 2021, the top exporters of Other Metal Fasteners were China ($1.49B), Italy ($545M), Germany ($232M), France ($201M), and Hong Kong ($195M).

In 2021, the top importers of Other Metal Fasteners were France ($402M), Germany ($283M), Vietnam ($236M), United States ($236M), and Italy ($235M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $565M

Top Destination Growth (2020 -  2021): France, $99.3M

Between 2020 and 2021, the exports of Other Metal Fasteners grew the fastest in China ($565M), Italy ($126M), Chinese Taipei ($54.2M), Hong Kong ($44.5M), and South Korea ($31.4M).

Between 2020 and 2021, the fastest growing importers of Other Metal Fasteners were France ($99.3M), Cambodia ($81.9M), Italy ($74.8M), Vietnam ($68M), and United States ($66.2M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Other Metal Fasteners.

In 2021, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Other Metal Fasteners are explained by 14 countries.

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TOP NET EXPORTER (2021): China, $1.39B

TOP NET IMPORTER (2021): France, $201M

This map shows which countries export or import more of Other Metal Fasteners. Each country is colored based on the difference in exports and imports of Other Metal Fasteners during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Other Metal Fasteners were China ($1.39B), Italy ($310M), Chinese Taipei ($163M), South Korea ($74.3M), and Hong Kong ($32.5M).

In 2021, the countries that had a largest trade value in imports than in exports of Other Metal Fasteners were France ($201M), Vietnam ($176M), Cambodia ($161M), Indonesia ($143M), and India ($130M).

Disaggregation

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Value

In 2021, the world most traded Other Metal Fasteners, disaggragated by their HS6 level were Clasps/buckles, etc for clothing, footwear, bags... ($2.35B), Hooks, eyes, eyelets, for clothing, footwear,... ($1.2B), and Rivets, for clothing, footwear, bags/etc ($767M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Other Metal Fasteners.
It is possible to select the main countries that export or import Other Metal Fasteners in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Other Metal Fasteners to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.