Overview: In 2018, Sound Recording Equipment were the world's 880th most traded product, with a total trade of $1.16B. Between 2017 and 2018 the exports of Sound Recording Equipment decreased by -13.9%, from $1.35B to $1.16B. Trade in Sound Recording Equipment represent 0.0063% of total world trade.
Exports: In 2018 the top exporters of Sound Recording Equipment were China ($401M), Netherlands ($128M), Malaysia ($82.5M), Germany ($69.1M), and United Kingdom ($65.3M).
Imports: In 2018 the top importers of Sound Recording Equipment were United States ($155M), Mexico ($96M), Germany ($81.5M), Netherlands ($76.8M), and United Kingdom ($67.7M).
Tariffs: In 2018 the average tariff for Sound Recording Equipment was 11.4%, been the 350 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Sound Recording Equipment are Zimbabwe (36.5%), Romania (36%), Bahamas (35.3%), Sudan (35%), and Ethiopia (29.7%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).
Ranking: Sound Recording Equipment ranks 305th in the Product Complexity Index (PCI).