Overview: In 2018, Transmissions were the world's 48th most traded product, with a total trade of $60.6B. Between 2017 and 2018 the exports of Transmissions grew by 11.8%, from $54.2B to $60.6B. Trade in Transmissions represent 0.33% of total world trade.
Exports: In 2018 the top exporters of Transmissions were Germany ($13.2B), China ($7.89B), Japan ($5.81B), United States ($5.06B), and Italy ($3.74B).
Imports: In 2018 the top importers of Transmissions were United States ($9.95B), Germany ($5.82B), China ($5.36B), Mexico ($2.8B), and France ($2.43B).
Tariffs: In 2018 the average tariff for Transmissions was 4.65%, been the 884 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Transmissions are Bahamas (42.6%), Bermuda (35%), Maldives (34.2%), Pakistan (28.9%), and Samoa (20%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).
Ranking: Transmissions ranks 54th in the Product Complexity Index (PCI).