Overview: In 2018, Navigation Equipment were the world's 170th most traded product, with a total trade of $22.1B. Between 2017 and 2018 the exports of Navigation Equipment grew by 4.29%, from $21.2B to $22.1B. Trade in Navigation Equipment represent 0.12% of total world trade.
Exports: In 2018 the top exporters of Navigation Equipment were Germany ($3.65B), United States ($2.68B), China ($2.52B), Japan ($1.23B), and Mexico ($1.22B).
Imports: In 2018 the top importers of Navigation Equipment were United States ($4.56B), Germany ($2.47B), Japan ($1.44B), United Kingdom ($1.19B), and China ($896M).
Tariffs: In 2018 the average tariff for Navigation Equipment was 3.8%, been the 1036 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Navigation Equipment are Bahamas (26.8%), Bermuda (25%), Ecuador (21.4%), Samoa (20%), and Maldives (19.6%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Navigation Equipment ranks 189th in the Product Complexity Index (PCI).