Wrenches in India 2019 Exports | Imports : $144M | $34M, World Rnk 5 / 202 Rnk 305 / 1213 | World Rnk 21 / 220 Rnk 632 / 1209
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $7.97M | $390k, United States | Belgium
2019 ECONOMIC COMPLEXITY of India: 0.57, Rnk 45 / 147
2019 PRODUCT COMPLEXITY IN Wrenches: 1.72, Rnk 24 / 1029
Exports In 2019, India exported $144M in Wrenches, making it the 5th largest exporter of Wrenches in the world. At the same year, Wrenches was the 305th most exported product in India. The main destination of Wrenches exports from India are: United States ($27.8M), Germany ($15.6M), Russia ($9.28M), Brazil ($7.83M), and Netherlands ($6.71M).
The fastest growing export markets for Wrenches of India between 2018 and 2019 were United States ($7.97M), Netherlands ($2.34M), and United Arab Emirates ($1.18M).
Imports In 2019, India imported $34M in Wrenches, becoming the 21st largest importer of Wrenches in the world. At the same year, Wrenches was the 632nd most imported product in India. India imports Wrenches primarily from: China ($16.8M), Chinese Taipei ($4.47M), Japan ($2.64M), United States ($2.2M), and Germany ($2M).
The fastest growing import markets in Wrenches for India between 2018 and 2019 were Belgium ($390k), United Kingdom ($364k), and France ($272k).
Tariffs In 2018, the average tariff for India in Wrenches was 8.19%. The countries with the highest import tariffs for Wrenches were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).
EXPORTS (2019): $144M
IMPORTS (2019): $34M
NET TRADE (2019): $110M
In 2019, India exported $144M in Wrenches. The main destinations of India exports on Wrenches were United States ($27.8M), Germany ($15.6M), Russia ($9.28M), Brazil ($7.83M), and Netherlands ($6.71M).
In 2019, India imported $34M in Wrenches, mainly from China ($16.8M), Chinese Taipei ($4.47M), Japan ($2.64M), United States ($2.2M), and Germany ($2M).
IN 2019, India HAD A POSITIVE NET TRADE IN Wrenches WITH:
IN 2019, India HAD A NEGATIVE NET TRADE IN Wrenches WITH:
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR India WERE (2018 - 2019):
In 2019, India's main exporting competitors in Wrenches were:
In 2019, India's main importing competitors in Wrenches were:
In 2018, the average tariff for India in Wrenches was 8.19%.
The countries with the highest tariffs for Wrenches in India were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).