Overview: In 2018, Tool Plates were the world's 414th most traded product, with a total trade of $7.22B. Between 2017 and 2018 the exports of Tool Plates grew by 16%, from $6.23B to $7.22B. Trade in Tool Plates represent 0.039% of total world trade.
Exports: In 2018 the top exporters of Tool Plates were Germany ($1.22B), Japan ($978M), Israel ($876M), Belgium-Luxembourg ($741M), and Sweden ($579M).
Imports: In 2018 the top importers of Tool Plates were United States ($931M), Netherlands ($782M), Germany ($775M), China ($672M), and Belgium-Luxembourg ($495M).
Tariffs: In 2018 the average tariff for Tool Plates was 6.63%, been the 643 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Tool Plates are Bermuda (25%), Bahamas (22.3%), Sudan (21.9%), Mauritania (20%), and Cameroon (19.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).
Ranking: Tool Plates ranks 14th in the Product Complexity Index (PCI).