Overview: In 2018, Stranded Iron Wire were the world's 420th most traded product, with a total trade of $7.08B. Between 2017 and 2018 the exports of Stranded Iron Wire grew by 16.5%, from $6.08B to $7.08B. Trade in Stranded Iron Wire represent 0.039% of total world trade.
Exports: In 2018 the top exporters of Stranded Iron Wire were China ($1.84B), South Korea ($550M), Germany ($453M), Vietnam ($384M), and United States ($305M).
Imports: In 2018 the top importers of Stranded Iron Wire were United States ($977M), Germany ($417M), Spain ($244M), Thailand ($242M), and Belgium-Luxembourg ($231M).
Tariffs: In 2018 the average tariff for Stranded Iron Wire was 8.59%, been the 500 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Stranded Iron Wire are Bahamas (40.2%), Iran (28%), Bangladesh (25%), Bermuda (25%), and Sudan (21.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), South Korea (0%), and Sri Lanka (0%).
Ranking: Stranded Iron Wire ranks 489th in the Product Complexity Index (PCI).