Imports
€673.0M
67.7M kg
Exports
€229.8M
7.5M kg
Balance
€-443.2M
Deficit
Price/kg
€9.94/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €443.2M for Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys for any of the foregoing articles, of base metal, Padlocks (NC8 83011000), a predominantly imported product. Imports reached €673.0M versus €229.8M in exports. The average import cost stood at €9.94/kg.
| # |
|---|
| Country |
|---|
| Value (EUR) |
|---|
| Share (%) |
|---|
| 1 | 🇨🇳 China | €560.5M | 83.3% |
| 2 | 🇹🇼 Taiwan | €41.6M | 6.2% |
| 3 | 🇲🇽 Mexico | €26.2M | 3.9% |
| 4 | 🇺🇸 United States | €10.8M | 1.6% |
| 5 | 🇲🇾 Malaysia | €9.1M | 1.4% |
| 6 | 🇬🇧 United Kingdom | €1.7M | 0.3% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €75.9M | 33.1% |
| 2 | 🇺🇸 United States | €23.9M | 10.4% |
| 3 | 🇳🇴 Norway | €20.4M | 8.9% |
| 4 | 🇨🇭 Switzerland | €18.3M | 8.0% |
| 5 | 🇪🇨 Ecuador | €7.9M | 3.4% |
€0
€0
€0
€9.94/kg
€30.65/kg
7,499
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €560.5M | 62.4Mt | €8.99/kg | 86.2% | |
| 2 | 🇹🇼 Taiwan | €41.6M | 2.7Mt | €15.67/kg | 6.4% | |
| 3 | 🇲🇽 Mexico | €26.2M | 999Kt | €26.21/kg | 4.0% | |
| 4 | 🇺🇸 United States | €10.8M | 750Kt | €14.39/kg | 1.7% | |
| 5 | 🇲🇾 Malaysia | €9.1M | 55Kt | €166.70/kg | 1.4% | |
| 6 | 🇬🇧 United Kingdom | €1.7M | 38Kt | €45.40/kg | 0.3% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €75.9M | 3.0Mt | €25.16/kg | 51.9% | |
| 2 | 🇺🇸 United States | €23.9M | 549Kt | €43.46/kg | 16.3% | |
| 3 | 🇳🇴 Norway | €20.4M | 644Kt | €31.67/kg | 13.9% | |
| 4 | 🇨🇭 Switzerland | €18.3M | 527Kt | €34.72/kg | 12.5% | |
| 5 | 🇪🇨 Ecuador | €7.9M | 248Kt | €31.82/kg | 5.4% |