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830130 (Harmonized System 1992 for 6-digit)

2023
World Trade $463MRnk 2929 / 4644
2023
Top Exporter | Top Importer $231M | $46.1MChina | United States
2023
Product Complexity 1.24Rnk 413 / 4656
2022 - 2023
Export Growth (CAGR) -10.7%Rnk 2784 / 4644
2023
Share of World Trade 0.002%Rnk 2929 / 4644

About

Overview This page contains the latest trade data of Locks of a kind used for furniture of base metal. In 2023, Locks of a kind used for furniture of base metal were the world's 2929th most traded product, with a total trade of $463M. Between 2022 and 2023 the exports of Locks of a kind used for furniture of base metal decreased by -10.7%, from $518M to $463M. Trade in Locks of a kind used for furniture of base metal represent 0.002% of total world trade.

Locks of a kind used for furniture of base metal are a part of Padlocks.

Exports In 2023 the top exporters of Locks of a kind used for furniture of base metal  were China ($231M), Germany ($39.1M), United States ($20.5M), Malaysia ($18.3M), and Mexico ($16M).

Imports In 2023 the top importers of Locks of a kind used for furniture of base metal were United States ($46.1M), Singapore ($23.5M), Germany ($19.9M), India ($17.2M), and Canada ($15.2M).

Ranking Locks of a kind used for furniture of base metal ranks 413th in the Product Complexity Index (PCI).

Description Locks of a kind used for furniture of base metal can include padlocks, thumb latches, and push-pull latches. Generally, these locks are used in furniture to prevent burglars from opening them.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Locks of a kind used for furniture of base metal. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$231M
Top Destination (2023)United States$46.1M

In 2023 Locks of a kind used for furniture of base metal were the world's 2929th most traded product (out of 4,644).

In 2023, the top exporters of Locks of a kind used for furniture of base metal were China ($231M), Germany ($39.1M), United States ($20.5M), Malaysia ($18.3M), and Mexico ($16M).

In 2023, the top importers of Locks of a kind used for furniture of base metal were United States ($46.1M), Singapore ($23.5M), Germany ($19.9M), India ($17.2M), and Canada ($15.2M).

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Exporters of Locks of a kind used for furniture of base metal (2023)
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Importers of Locks of a kind used for furniture of base metal (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$5.96M
Top Destination Growth (2022 -  2023)Chile$7.27M

Between 2022 and 2023, the exports of Locks of a kind used for furniture of base metal grew the fastest in United States ($5.96M), Hungary ($3.41M), Germany ($1.54M), Mexico ($1.54M), and United Kingdom ($1.46M).

Between 2022 and 2023, the fastest growing importers of Locks of a kind used for furniture of base metal were Chile ($7.27M), Vietnam ($4.96M), Guatemala ($3.42M), South Korea ($2.77M), and Canada ($2.48M).

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Exporters of Locks of a kind used for furniture of base metal (2022 - 2023)

Importers of Locks of a kind used for furniture of base metal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Locks of a kind used for furniture of base metal.

In 2023, market concentration measured using Shannon Entropy, was 3.3. This means that most of the exports of Locks of a kind used for furniture of base metal are explained by 9 countries.

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Value of Exports in Locks of a kind used for furniture of base metal

Net Trade

TOP NET EXPORTER (2023)China$224M
TOP NET IMPORTER (2023)United States$25.6M

This map shows which countries export or import more of Locks of a kind used for furniture of base metal. Each country is colored based on the difference in exports and imports of Locks of a kind used for furniture of base metal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Locks of a kind used for furniture of base metal were China ($224M), Germany ($19.2M), Malaysia ($13M), Chinese Taipei ($9.65M), and Hungary ($8.42M).

In 2023, the countries that had a largest trade value in imports than in exports of Locks of a kind used for furniture of base metal were United States ($25.6M), Singapore ($22.4M), India ($15.5M), Canada ($13.2M), and Russia ($12.8M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Locks of a kind used for furniture of base metal.
It is possible to select the main countries that export or import Locks of a kind used for furniture of base metal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Locks of a kind used for furniture of base metal by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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