Overview: In 2018, Umbrellas were the world's 636th most traded product, with a total trade of $2.91B. Between 2017 and 2018 the exports of Umbrellas grew by 11.3%, from $2.61B to $2.91B. Trade in Umbrellas represent 0.016% of total world trade.
Exports: In 2018 the top exporters of Umbrellas were China ($2.36B), Germany ($76.2M), Netherlands ($62.9M), Cambodia ($38.5M), and Austria ($37.5M).
Imports: In 2018 the top importers of Umbrellas were United States ($509M), Japan ($275M), Germany ($219M), France ($139M), and South Korea ($115M).
Tariffs: In 2018 the average tariff for Umbrellas was 26.6%, been the 35 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Umbrellas are Austria (298%), Iran (70%), Syria (46%), Bahamas (41.3%), and Zimbabwe (36.5%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and United States (2.17%).
Ranking: Umbrellas ranks 652nd in the Product Complexity Index (PCI).