Overview: In 2018, Metal Lathes were the world's 371st most traded product, with a total trade of $8.5B. Between 2017 and 2018 the exports of Metal Lathes grew by 24.5%, from $6.82B to $8.5B. Trade in Metal Lathes represent 0.046% of total world trade.
Exports: In 2018 the top exporters of Metal Lathes were Japan ($2.08B), Germany ($1.3B), South Korea ($934M), Chinese Taipei ($721M), and China ($599M).
Imports: In 2018 the top importers of Metal Lathes were United States ($1.19B), China ($1.05B), Germany ($872M), Italy ($456M), and Belgium-Luxembourg ($345M).
Tariffs: In 2018 the average tariff for Metal Lathes was 5.2%, been the 793 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Metal Lathes are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Iran (15%), and Cambodia (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Metal Lathes ranks 12th in the Product Complexity Index (PCI).