Overview: In 2018, Steam Boilers were the world's 502nd most traded product, with a total trade of $4.97B. Between 2017 and 2018 the exports of Steam Boilers grew by 16.6%, from $4.26B to $4.97B. Trade in Steam Boilers represent 0.027% of total world trade.
Exports: In 2018 the top exporters of Steam Boilers were China ($1.14B), South Korea ($750M), Germany ($421M), India ($419M), and Japan ($391M).
Imports: In 2018 the top importers of Steam Boilers were Indonesia ($687M), United States ($351M), Japan ($220M), Bangladesh ($217M), and Vietnam ($174M).
Tariffs: In 2018 the average tariff for Steam Boilers was 5.46%, been the 754 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Steam Boilers are Bahamas (40.2%), Bermuda (25%), Ecuador (22.8%), Maldives (19.6%), and Pakistan (15.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Steam Boilers ranks 350th in the Product Complexity Index (PCI).