Overview: This page contains the latest trade data of Steel Ingots. In 2018, Steel Ingots were the world's 539th most traded product, with a total trade of $4.45B. Between 2017 and 2018 the exports of Steel Ingots grew by 26.4%, from $3.52B to $4.45B. Trade in Steel Ingots represent 0.024% of total world trade.
Exports: In 2018 the top exporters of Steel Ingots were Brazil ($1.17B), Russia ($429M), France ($383M), Italy ($345M), and Austria ($303M).
Imports: In 2018 the top importers of Steel Ingots were United States ($1.33B), Germany ($647M), Belgium-Luxembourg ($257M), Italy ($247M), and France ($184M).
Tariffs: In 2018 the average tariff for Steel Ingots was 2.96%, been the 1143 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Steel Ingots are Bahamas (31.2%), Bermuda (25%), Sudan (21.9%), Mauritania (13%), and Algeria (12.2%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Steel Ingots ranks 304th in the Product Complexity Index (PCI).