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830140 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.72BRnk 670 / 4648
2022
Top Exporter | Top Importer $2.3B | $1.48BChina | United States
2022
Product Complexity 0.21Rnk 2173 / 4653
2021 - 2022
Export Growth (CAGR) 6.78%Rnk 1995 / 4648
2022
Share of World Trade 0.024%Rnk 670 / 4648

About

Overview This page contains the latest trade data of Locks of base metal, nes. In 2022, Locks of base metal, nes were the world's 670th most traded product, with a total trade of $5.72B. Between 2021 and 2022 the exports of Locks of base metal, nes grew by 6.78%, from $5.36B to $5.72B. Trade in Locks of base metal, nes represent 0.024% of total world trade.

Locks of base metal, nes are a part of Padlocks.

Exports In 2022 the top exporters of Locks of base metal, nes  were China ($2.3B), Mexico ($497M), Germany ($461M), Chinese Taipei ($397M), and United States ($204M).

Imports In 2022 the top importers of Locks of base metal, nes were United States ($1.48B), Germany ($330M), United Kingdom ($194M), France ($193M), and Canada ($177M).

Ranking Locks of base metal, nes ranks 2173rd in the Product Complexity Index (PCI).

Description Many locks are made of base metal because they are easy to manufacture, inexpensive, and durable. This material is used in a variety of locks, from padlocks to locks on doors. Base metal locks are used to secure items to trees, cabinets, or other items in which a normal lock would not suffice.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Locks of base metal, nes. 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 (2022)China$2.3B
Top Destination (2022)United States$1.48B

In 2022 Locks of base metal, nes were the world's 670th most traded product (out of 4,648).

In 2022, the top exporters of Locks of base metal, nes were China ($2.3B), Mexico ($497M), Germany ($461M), Chinese Taipei ($397M), and United States ($204M).

In 2022, the top importers of Locks of base metal, nes were United States ($1.48B), Germany ($330M), United Kingdom ($194M), France ($193M), and Canada ($177M).

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Exporters of Locks of base metal, nes (2022)
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Importers of Locks of base metal, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$301M
Top Destination Growth (2021 -  2022)United States$187M

Between 2021 and 2022, the exports of Locks of base metal, nes grew the fastest in China ($301M), Vietnam ($48.8M), Mexico ($37.2M), Chinese Taipei ($29.8M), and Canada ($14.4M).

Between 2021 and 2022, the fastest growing importers of Locks of base metal, nes were United States ($187M), Germany ($34.1M), India ($26.2M), Philippines ($25M), and Vietnam ($24M).

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Exporters of Locks of base metal, nes (2021 - 2022)

Importers of Locks of base metal, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Locks of base metal, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Locks of base metal, nes are explained by 13 countries.

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Value of Exports in Locks of base metal, nes

Net Trade

TOP NET EXPORTER (2022)China$2.25B
TOP NET IMPORTER (2022)United States$1.28B

This map shows which countries export or import more of Locks of base metal, nes. Each country is colored based on the difference in exports and imports of Locks of base metal, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Locks of base metal, nes were China ($2.25B), Chinese Taipei ($370M), Mexico ($363M), Germany ($131M), and Finland ($57.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Locks of base metal, nes were United States ($1.28B), France ($136M), United Kingdom ($129M), Australia ($87.8M), and Canada ($81.1M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Locks of base metal, nes 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 (2022)

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