Overview: This page contains the latest trade data of Metals. In 2018, Metals were the world's 5th most traded product, with a total trade of $1.34T. Between 2017 and 2018 the exports of Metals grew by 17%, from $1.15T to $1.34T. Trade in Metals represent 7.3% of total world trade.
Exports: In 2018 the top exporters of Metals were China ($193B), Germany ($116B), United States ($70.5B), Japan ($61.7B), and South Korea ($52.9B).
Imports: In 2018 the top importers of Metals were United States ($142B), Germany ($108B), China ($92.3B), Italy ($49.2B), and France ($48.6B).
Tariffs: In 2018 the average tariff for Metals was 6.56%, been the 16 lowest tariff using the Section product classification.
The countries with the highest import tariffs for Metals are Bahamas (36.9%), Bermuda (24.7%), Sudan (22.7%), Iran (17.4%), and Chad (16.3%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Mauritius (0.41%).
Ranking: Metals ranks 12th in the Product Complexity Index (PCI).