Overview This page contains the latest trade data of Padlocks. In 2020, Padlocks were the world's 258th most traded product, with a total trade of $12.3B. Between 2019 and 2020 the exports of Padlocks decreased by -9.01%, from $13.5B to $12.3B. Trade in Padlocks represent 0.073% of total world trade.
Padlocks are a part of Miscellaneous metal products. They include Locks of base metal, nes, Locks of a kind used for motor vehicles of base metal, Lock parts, etc, of base metal,, Padlocks of base metal, Keys, including blanks for keys, of base metal, Locks of a kind used for furniture of base metal, and Clasps etc incorporating locks, of base metal.
Exports In 2020 the top exporters of Padlocks were China ($3.87B), Germany ($1.29B), Mexico ($1.1B), United States ($627M), and Chinese Taipei ($553M).
Imports In 2020 the top importers of Padlocks were United States ($2.54B), Germany ($966M), Mexico ($617M), France ($453M), and United Kingdom ($434M).
Tariffs In 2018 the average tariff for Padlocks was 9.89%, making it the 427th lowest tariff using the HS4 product classification.
Ranking Padlocks ranks 310th in the Product Complexity Index (PCI).
Description Padlocks and locks are used to secure doors, gates, or other items. Clasps and frames with clasps are used to attach a padlock to an item. Keys for padlocks and locks are made of metal.