Overview: In 2018, Electric Motor Parts were the world's 199th most traded product, with a total trade of $18.6B. Between 2017 and 2018 the exports of Electric Motor Parts grew by 39.8%, from $13.3B to $18.6B. Trade in Electric Motor Parts represent 0.1% of total world trade.
Exports: In 2018 the top exporters of Electric Motor Parts were China ($4.34B), Germany ($1.67B), United States ($1.16B), Italy ($1.04B), and Japan ($1.03B).
Imports: In 2018 the top importers of Electric Motor Parts were United States ($2.69B), Germany ($2.34B), Mexico ($1.1B), China ($933M), and France ($765M).
Tariffs: In 2018 the average tariff for Electric Motor Parts was 5.16%, been the 799 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Electric Motor Parts are Bahamas (40.2%), Maldives (35%), Bermuda (25%), Zimbabwe (20.5%), and Finland (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Electric Motor Parts ranks 273rd in the Product Complexity Index (PCI).