Overview: In 2018, Friction Material were the world's 822nd most traded product, with a total trade of $1.47B. Between 2017 and 2018 the exports of Friction Material grew by 3.8%, from $1.42B to $1.47B. Trade in Friction Material represent 0.008% of total world trade.
Exports: In 2018 the top exporters of Friction Material were Japan ($286M), United States ($220M), Germany ($206M), Brazil ($110M), and China ($100M).
Imports: In 2018 the top importers of Friction Material were United States ($193M), China ($117M), Germany ($95.1M), Mexico ($60.8M), and India ($55.3M).
Tariffs: In 2018 the average tariff for Friction Material was 9.01%, been the 473 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Friction Material are Syria (46%), Bahamas (41.4%), Bermuda (35%), Malaysia (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).
Ranking: Friction Material ranks 487th in the Product Complexity Index (PCI).