Overview This page contains the latest trade data of Silicone. In 2020, Silicone were the world's 408th most traded product, with a total trade of $6.6B. Between 2019 and 2020 the exports of Silicone decreased by -6.83%, from $7.08B to $6.6B. Trade in Silicone represent 0.039% of total world trade.
Silicone are a part of Plastics and articles thereof. They include Silicones in primary forms.
Exports In 2020 the top exporters of Silicone were Germany ($1.55B), United States ($1.1B), China ($763M), Japan ($752M), and United Kingdom ($393M).
Imports In 2020 the top importers of Silicone were China ($826M), United States ($545M), South Korea ($407M), Germany ($326M), and Belgium ($315M).
Tariffs In 2018 the average tariff for Silicone was 3.84%, making it the 1042nd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Silicone are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Maldives (19.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).
Ranking Silicone ranks 20th in the Product Complexity Index (PCI).