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830110 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.53BRnk 1751 / 4648
2022
Top Exporter | Top Importer $999M | $333MChina | United States
2022
Product Complexity -0.38Rnk 3080 / 4653
2021 - 2022
Export Growth (CAGR) 14.5%Rnk 1163 / 4648
2022
Share of World Trade 0.0064%Rnk 1751 / 4648

About

Overview This page contains the latest trade data of Padlocks of base metal. In 2022, Padlocks of base metal were the world's 1751st most traded product, with a total trade of $1.53B. Between 2021 and 2022 the exports of Padlocks of base metal grew by 14.5%, from $1.33B to $1.53B. Trade in Padlocks of base metal represent 0.0064% of total world trade.

Padlocks of base metal are a part of Padlocks.

Exports In 2022 the top exporters of Padlocks of base metal  were China ($999M), Mexico ($193M), United States ($46.3M), Chinese Taipei ($43.4M), and Germany ($43.2M).

Imports In 2022 the top importers of Padlocks of base metal were United States ($333M), Mexico ($75.3M), France ($59.3M), Germany ($56M), and Canada ($54.3M).

Ranking Padlocks of base metal ranks 3080th 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 (2022)China$999M
Top Destination (2022)United States$333M

In 2022 Padlocks of base metal were the world's 1751st most traded product (out of 4,648).

In 2022, the top exporters of Padlocks of base metal were China ($999M), Mexico ($193M), United States ($46.3M), Chinese Taipei ($43.4M), and Germany ($43.2M).

In 2022, the top importers of Padlocks of base metal were United States ($333M), Mexico ($75.3M), France ($59.3M), Germany ($56M), and Canada ($54.3M).

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Exporters of Padlocks of base metal (2022)
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Importers of Padlocks of base metal (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$173M
Top Destination Growth (2021 -  2022)Mexico$28.1M

Between 2021 and 2022, the exports of Padlocks of base metal grew the fastest in China ($173M), Mexico ($11.3M), Belgium ($4.58M), Hong Kong ($4.32M), and Netherlands ($3.81M).

Between 2021 and 2022, the fastest growing importers of Padlocks of base metal were Mexico ($28.1M), United States ($21.9M), India ($14.1M), Nigeria ($12.1M), and Pakistan ($11.1M).

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Exporters of Padlocks of base metal (2021 - 2022)

Importers of Padlocks of base metal (2021 - 2022)

Market Concentration

Value

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

In 2022, 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 (2022)China$995M
TOP NET IMPORTER (2022)United States$287M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Padlocks of base metal were China ($995M), Mexico ($118M), Chinese Taipei ($42.8M), Finland ($13.9M), and Hong Kong ($3.97M).

In 2022, the countries that had a largest trade value in imports than in exports of Padlocks of base metal were United States ($287M), Nigeria ($54.3M), Canada ($53.5M), United Kingdom ($40.7M), and France ($34.6M).

Net Trade (2022)

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 (2022)

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