Overview: In 2018, Iron Structures were the world's 72nd most traded product, with a total trade of $50.1B. Between 2017 and 2018 the exports of Iron Structures grew by 22.5%, from $40.9B to $50.1B. Trade in Iron Structures represent 0.27% of total world trade.
Exports: In 2018 the top exporters of Iron Structures were China ($11.7B), Germany ($5.01B), South Korea ($2.92B), Poland ($2.62B), and Spain ($1.92B).
Imports: In 2018 the top importers of Iron Structures were United States ($4.63B), Germany ($4.32B), France ($2.5B), Japan ($2B), and United Kingdom ($1.91B).
Tariffs: In 2018 the average tariff for Iron Structures was 7.79%, been the 559 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Iron Structures are Bahamas (29.3%), Sudan (26.2%), Bangladesh (24.8%), Syria (23.9%), and Sri Lanka (23.8%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Turkey (0%), and Switzerland (0%).
Ranking: Iron Structures ranks 412th in the Product Complexity Index (PCI).