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830110 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.31BRnk 1816 / 4644
2023
Top Exporter | Top Importer $847M | $300MChina | United States
2023
Product Complexity -0.2Rnk 2838 / 4656
2022 - 2023
Export Growth (CAGR) -6.87%Rnk 2328 / 4644
2023
Share of World Trade 0.0058%Rnk 1816 / 4644

About

Overview This page contains the latest trade data of Padlocks of base metal. In 2023, Padlocks of base metal were the world's 1816th most traded product, with a total trade of $1.31B. Between 2022 and 2023 the exports of Padlocks of base metal decreased by -6.87%, from $1.4B to $1.31B. Trade in Padlocks of base metal represent 0.0058% of total world trade.

Padlocks of base metal are a part of Padlocks.

Exports In 2023 the top exporters of Padlocks of base metal  were China ($847M), Mexico ($181M), Germany ($41.4M), Chinese Taipei ($40.4M), and Finland ($23.9M).

Imports In 2023 the top importers of Padlocks of base metal were United States ($300M), France ($63.8M), Mexico ($59.1M), United Kingdom ($45.7M), and Canada ($44.6M).

Ranking Padlocks of base metal ranks 2838th in the Product Complexity Index (PCI).

Description Padlocks of base metal are used to lock and protect containers that contain valuables. These padlocks are often used in warehouses, shipping and receiving docks, and storage facilities.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Padlocks 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$847M
Top Destination (2023)United States$300M

In 2023 Padlocks of base metal were the world's 1816th most traded product (out of 4,644).

In 2023, the top exporters of Padlocks of base metal were China ($847M), Mexico ($181M), Germany ($41.4M), Chinese Taipei ($40.4M), and Finland ($23.9M).

In 2023, the top importers of Padlocks of base metal were United States ($300M), France ($63.8M), Mexico ($59.1M), United Kingdom ($45.7M), and Canada ($44.6M).

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Exporters of Padlocks of base metal (2023)
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Importers of Padlocks of base metal (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Finland$6.46M
Top Destination Growth (2022 -  2023)Algeria$5M

Between 2022 and 2023, the exports of Padlocks of base metal grew the fastest in Finland ($6.46M), Mexico ($4.26M), France ($2.83M), Sweden ($2.2M), and Portugal ($1.44M).

Between 2022 and 2023, the fastest growing importers of Padlocks of base metal were Algeria ($5M), Ethiopia ($3.86M), Democratic Republic of the Congo ($2.85M), Cameroon ($2.33M), and Greece ($2.3M).

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Exporters of Padlocks of base metal (2022 - 2023)

Importers of Padlocks of base metal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Padlocks of base metal.

In 2023, market concentration measured using Shannon Entropy, was 2.23. This means that most of the exports of Padlocks of base metal are explained by 4 countries.

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Value of Exports in Padlocks of base metal

Net Trade

TOP NET EXPORTER (2023)China$845M
TOP NET IMPORTER (2023)United States$281M

This map shows which countries export or import more of Padlocks of base metal. Each country is colored based on the difference in exports and imports of Padlocks of base metal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Padlocks of base metal were China ($845M), Mexico ($122M), Chinese Taipei ($39.9M), Finland ($19.5M), and Bosnia and Herzegovina ($75.4k).

In 2023, the countries that had a largest trade value in imports than in exports of Padlocks of base metal were United States ($281M), France ($45.1M), Canada ($44M), United Kingdom ($40.4M), and Australia ($29.4M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Padlocks 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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