Overview This page contains the latest trade data of Transmissions. In 2020, Transmissions were the world's 59th most traded product, with a total trade of $53.2B. Between 2019 and 2020 the exports of Transmissions decreased by -11%, from $59.7B to $53.2B. Trade in Transmissions represent 0.32% of total world trade.
Transmissions are a part of Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. They include Gearing, ball screws, speed changers, torque converte, Transmission shafts and cranks, cam and crank shafts, Parts of power transmission etc equipment, Bearing housings, shafts, without ball/roller bearing, Flywheels and pulleys including pulley blocks, Clutches, shaft couplings, universal joints, and Bearing housings etc incorporating ball/roller bearin.
Exports In 2020 the top exporters of Transmissions were Germany ($11.7B), China ($7.48B), United States ($5.56B), Japan ($4.23B), and Italy ($3.25B).
Imports In 2020 the top importers of Transmissions were United States ($8.07B), China ($5.32B), Germany ($4.86B), Mexico ($2.31B), and Canada ($2.16B).
Tariffs In 2018 the average tariff for Transmissions was 4.61%, making it the 900th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Transmissions are Bahamas (42.6%), Bermuda (35%), and Maldives (34.2%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).
Ranking Transmissions ranks 64th in the Product Complexity Index (PCI).
Description Transmission shafts are used in the production of other goods. They can be made from a variety of materials, including steel, aluminum, and plastic.