2022
Exports
$14.6MWorld Rnk 47 / 209
Flag Rnk 184 / 1105
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$74.6MWorld Rnk 44 / 223
Flag Rnk 173 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $14.6M in Padlocks, making it the 47th largest exporter of Padlocks in the world. At the same year, Padlocks was the 184th most exported product in Morocco. The main destination of Padlocks exports from Morocco are: United Kingdom ($4.61M), Czechia ($4.1M), France ($2.8M), Spain ($933k), and Portugal ($751k).

The fastest growing export markets for Padlocks of Morocco between 2021 and 2022 were Czechia ($3.55M), France ($1.55M), and United Kingdom ($1.53M).

Imports In 2022, Morocco imported $74.6M in Padlocks, becoming the 44th largest importer of Padlocks in the world. At the same year, Padlocks was the 173rd most imported product in Morocco. Morocco imports Padlocks primarily from: China ($25M), France ($12.8M), Spain ($11M), Slovakia ($7.97M), and Romania ($6.85M).

The fastest growing import markets in Padlocks for Morocco between 2021 and 2022 were Slovakia ($5.96M), France ($4.32M), and Thailand ($3.58M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Padlocks. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.6M
IMPORTS (2022)$74.6M
NET TRADE (2022)-$60M

In 2022, Morocco exported $14.6M in Padlocks. The main destinations of Morocco exports on Padlocks were United Kingdom ($4.61M), Czechia ($4.1M), France ($2.8M), Spain ($933k), and Portugal ($751k).

In 2022, Morocco imported $74.6M in Padlocks, mainly from China ($25M), France ($12.8M), Spain ($11M), Slovakia ($7.97M), and Romania ($6.85M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Czechia$3.55M (645%)
France$1.55M (125%)
United Kingdom$1.53M (49.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Morocco WERE (2021 - 2022):
Algeria-$124k (-100%)
Burkina Faso-$111k (-99.5%)
Germany-$73.9k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Morocco's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Morocco's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.44M
TOP IMPORT POTENTIALChina+ $6.38M

Padlocks’s highest export potential is France. With an export gap of $1.44M.   Padlocks’s highest import potential is China with an import gap of $6.38M.

See methodology.

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