2022
Exports
$1.27BWorld Rnk 3 / 209
Flag Rnk 65 / 1193
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$800MWorld Rnk 3 / 223
Flag Rnk 132 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $1.27B in Padlocks, making it the 3rd largest exporter of Padlocks in the world. At the same year, Padlocks was the 65th most exported product in Mexico. The main destination of Padlocks exports from Mexico are: United States ($1.13B), Canada ($40M), Brazil ($22.8M), Australia ($10.7M), and Argentina ($8.8M).

The fastest growing export markets for Padlocks of Mexico between 2021 and 2022 were United States ($70.5M), Argentina ($4.19M), and Australia ($3.47M).

Imports In 2022, Mexico imported $800M in Padlocks, becoming the 3rd largest importer of Padlocks in the world. At the same year, Padlocks was the 132nd most imported product in Mexico. Mexico imports Padlocks primarily from: United States ($329M), China ($283M), Chinese Taipei ($58.3M), Germany ($32.4M), and South Korea ($21.6M).

The fastest growing import markets in Padlocks for Mexico between 2021 and 2022 were China ($43M), United States ($31.5M), and Chinese Taipei ($7.16M).

COMPANIES In 2023, leading companies such as Tesla (59), ZF Friedrichshafen (4), and Amazon (2) were at the forefront of shipping Padlocks from Mexico to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.27B
IMPORTS (2022)$800M
NET TRADE (2022)$467M

In 2022, Mexico exported $1.27B in Padlocks. The main destinations of Mexico exports on Padlocks were United States ($1.13B), Canada ($40M), Brazil ($22.8M), Australia ($10.7M), and Argentina ($8.8M).

In 2022, Mexico imported $800M in Padlocks, mainly from United States ($329M), China ($283M), Chinese Taipei ($58.3M), Germany ($32.4M), and South Korea ($21.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$70.5M (6.68%)
Argentina$4.19M (90.9%)
Australia$3.47M (47.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Mexico WERE (2021 - 2022):
China-$14.5M (-70.6%)
Gabon-$4.29M (-100%)
France-$1.69M (-22%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16M
TOP IMPORT POTENTIALChina+ $15.8M

Padlocks’s highest export potential is China. With an export gap of $16M.   Padlocks’s highest import potential is China with an import gap of $15.8M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with