Overview: In 2018, Other Steel Bars were the world's 222nd most traded product, with a total trade of $16.6B. Between 2017 and 2018 the exports of Other Steel Bars grew by 26.7%, from $13.1B to $16.6B. Trade in Other Steel Bars represent 0.09% of total world trade.
Exports: In 2018 the top exporters of Other Steel Bars were China ($5.09B), Germany ($1.71B), Japan ($1.04B), Italy ($788M), and Sweden ($700M).
Imports: In 2018 the top importers of Other Steel Bars were Germany ($1.7B), United States ($925M), China ($798M), Italy ($749M), and Mexico ($725M).
Tariffs: In 2018 the average tariff for Other Steel Bars was 5.22%, been the 788 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Other Steel Bars are Bahamas (40.2%), Bermuda (25%), Kenya (23.6%), Tanzania (23.6%), and Uganda (23.5%). The countries with the lowest tariffs are Mauritius (0%), Zambia (0%), Hong Kong (0%), Japan (0%), and South Korea (0%).
Ranking: Other Steel Bars ranks 396th in the Product Complexity Index (PCI).