Imports
€714.4M
44.2M kg
Exports
€2.1B
81.0M kg
Balance
€1.3B
Surplus
Price/kg
€16.15/kg
Over the Jan 2022-Mar 2026 period, the EU recorded a trade surplus of €1.3B 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, Locks of a kind used for motor vehicles (NC8 83012000), a predominantly exported product. Exports reached €2.1B compared to €714.4M in imports. The average import price stood at €16.15/kg.
| # | Country | Value (EUR) | Share (%) |
|---|
| 1 | 🇨🇳 China | €230.6M | 32.3% |
| 2 | 🇰🇷 South Korea | €106.8M | 15.0% |
| 3 | 🇹🇷 Türkiye | €75.6M | 10.6% |
| 4 | 🇲🇦 Morocco | €51.4M | 7.2% |
| 5 | 🇬🇧 United Kingdom | €33.9M | 4.7% |
| 6 | 🇻🇳 Vietnam | €12.9M | 1.8% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €441.8M | 21.4% |
| 2 | 🇨🇳 China | €441.7M | 21.4% |
| 3 | 🇺🇸 United States | €268.8M | 13.0% |
| 4 | 🇹🇷 Türkiye | €251.3M | 12.2% |
| 5 | 🇲🇽 Mexico | €113.6M | 5.5% |
€0
€0
+€0
€16.15/kg
€25.42/kg
2,842
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €230.6M | 17.3Mt | €13.37/kg | 45.1% | |
| 2 | 🇰🇷 South Korea | €106.8M | 5.7Mt | €18.73/kg | 20.9% | |
| 3 | 🇹🇷 Turkey | €75.6M | 6.1Mt | €12.40/kg | 14.8% | |
| 4 | 🇲🇦 Morocco | €51.4M | 4.0Mt | €12.71/kg | 10.1% | |
| 5 | 🇬🇧 United Kingdom | €33.9M | 1.5Mt | €23.07/kg | 6.6% | |
| 6 | 🇻🇳 Vietnam | €12.9M | 677Kt | €19.00/kg | 2.5% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €441.8M | 15.7Mt | €28.12/kg | 29.1% | |
| 2 | 🇨🇳 China | €441.7M | 13.0Mt | €34.06/kg | 29.1% | |
| 3 | 🇺🇸 United States | €268.8M | 9.7Mt | €27.76/kg | 17.7% | |
| 4 | 🇹🇷 Turkey | €251.3M | 13.2Mt | €18.97/kg | 16.6% | |
| 5 | 🇲🇽 Mexico | €113.6M | 5.7Mt | €19.99/kg | 7.5% |