Overview: In 2018, Liquid Fuel Furnaces were the world's 658th most traded product, with a total trade of $2.68B. Between 2017 and 2018 the exports of Liquid Fuel Furnaces grew by 15%, from $2.33B to $2.68B. Trade in Liquid Fuel Furnaces represent 0.015% of total world trade.
Exports: In 2018 the top exporters of Liquid Fuel Furnaces were Germany ($734M), Italy ($534M), United States ($229M), China ($178M), and Austria ($98.6M).
Imports: In 2018 the top importers of Liquid Fuel Furnaces were China ($285M), United States ($223M), Germany ($161M), France ($128M), and United Kingdom ($105M).
Tariffs: In 2018 the average tariff for Liquid Fuel Furnaces was 5.36%, been the 768 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Liquid Fuel Furnaces are Bahamas (40.2%), Bermuda (25%), Iran (21%), Maldives (19.6%), and Azerbaijan (14.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Liquid Fuel Furnaces ranks 175th in the Product Complexity Index (PCI).