Overview: In 2018, Gaskets were the world's 555th most traded product, with a total trade of $4.19B. Between 2017 and 2018 the exports of Gaskets grew by 6.88%, from $3.92B to $4.19B. Trade in Gaskets represent 0.023% of total world trade.
Exports: In 2018 the top exporters of Gaskets were Germany ($785M), United States ($568M), Japan ($431M), China ($332M), and United Kingdom ($209M).
Imports: In 2018 the top importers of Gaskets were United States ($521M), Germany ($298M), China ($253M), Mexico ($168M), and France ($160M).
Tariffs: In 2018 the average tariff for Gaskets was 5.11%, been the 806 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Gaskets are Bahamas (40.2%), Bermuda (35%), Maldives (31.3%), Pakistan (20.9%), and Samoa (20%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Armenia (0%), Hong Kong (0%), and Japan (0%).
Ranking: Gaskets ranks 51st in the Product Complexity Index (PCI).