Overview: In 2018, Rubberworking Machinery were the world's 131st most traded product, with a total trade of $28.9B. Between 2017 and 2018 the exports of Rubberworking Machinery grew by 9.79%, from $26.3B to $28.9B. Trade in Rubberworking Machinery represent 0.16% of total world trade.
Exports: In 2018 the top exporters of Rubberworking Machinery were Germany ($6.43B), China ($4.53B), Japan ($2.68B), Italy ($2.46B), and Austria ($2.2B).
Imports: In 2018 the top importers of Rubberworking Machinery were United States ($3.66B), China ($3.33B), Germany ($1.75B), Mexico ($1.38B), and India ($1B).
Tariffs: In 2018 the average tariff for Rubberworking Machinery was 3.72%, been the 1048 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Rubberworking Machinery are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (14.3%), and Venezuela (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Rubberworking Machinery ranks 81st in the Product Complexity Index (PCI).