Overview: In 2018, Other Iron Products were the world's 65th most traded product, with a total trade of $53.7B. Between 2017 and 2018 the exports of Other Iron Products grew by 21%, from $44.4B to $53.7B. Trade in Other Iron Products represent 0.29% of total world trade.
Exports: In 2018 the top exporters of Other Iron Products were China ($10.6B), Germany ($5.85B), Italy ($3.79B), United States ($3.77B), and France ($2.03B).
Imports: In 2018 the top importers of Other Iron Products were United States ($6.65B), Germany ($6.19B), Mexico ($2.63B), France ($2.58B), and Japan ($2.31B).
Tariffs: In 2018 the average tariff for Other Iron Products was 7.78%, been the 563 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Other Iron Products are Bahamas (41.1%), Zimbabwe (23.5%), Algeria (23%), Ecuador (22.2%), and Sudan (21.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).
Ranking: Other Iron Products ranks 188th in the Product Complexity Index (PCI).