Overview: In 2018, Sewing Machines were the world's 453rd most traded product, with a total trade of $6.02B. Between 2017 and 2018 the exports of Sewing Machines grew by 16.7%, from $5.16B to $6.02B. Trade in Sewing Machines represent 0.033% of total world trade.
Exports: In 2018 the top exporters of Sewing Machines were China ($1.87B), Vietnam ($724M), Japan ($573M), Germany ($468M), and Singapore ($448M).
Imports: In 2018 the top importers of Sewing Machines were Vietnam ($529M), United States ($500M), Germany ($390M), Singapore ($357M), and Bangladesh ($283M).
Tariffs: In 2018 the average tariff for Sewing Machines was 6.42%, been the 659 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Sewing Machines are Bermuda (25%), Iran (20.3%), Maldives (19.6%), Gabon (16.3%), and Chad (16.3%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Sewing Machines ranks 204th in the Product Complexity Index (PCI).