Overview: In 2018, Iron Blocks were the world's 247th most traded product, with a total trade of $14.8B. Between 2017 and 2018 the exports of Iron Blocks grew by 25.1%, from $11.8B to $14.8B. Trade in Iron Blocks represent 0.08% of total world trade.
Exports: In 2018 the top exporters of Iron Blocks were Spain ($1.69B), Germany ($1.63B), Belgium-Luxembourg ($1.27B), Turkey ($1.1B), and China ($1.01B).
Imports: In 2018 the top importers of Iron Blocks were Germany ($1.17B), France ($757M), Canada ($706M), United States ($660M), and United Kingdom ($639M).
Tariffs: In 2018 the average tariff for Iron Blocks was 6.18%, been the 682 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Iron Blocks are Bahamas (40.9%), Sudan (35%), Bermuda (25%), Tunisia (20%), and Angola (20%). The countries with the lowest tariffs are Zambia (0%), Hong Kong (0%), Japan (0%), South Korea (0%), and Singapore (0%).
Ranking: Iron Blocks ranks 653rd in the Product Complexity Index (PCI).