Overview: In 2018, Insulated Wire were the world's 17th most traded product, with a total trade of $133B. Between 2017 and 2018 the exports of Insulated Wire grew by 17.2%, from $114B to $133B. Trade in Insulated Wire represent 0.73% of total world trade.
Exports: In 2018 the top exporters of Insulated Wire were China ($25.6B), Mexico ($14.1B), United States ($9.95B), Germany ($9.06B), and Romania ($4.75B).
Imports: In 2018 the top importers of Insulated Wire were United States ($23.2B), Germany ($12.3B), Japan ($7.24B), Mexico ($7.07B), and France ($5.38B).
Tariffs: In 2018 the average tariff for Insulated Wire was 7.78%, been the 562 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Insulated Wire are Sudan (35%), Iran (30.3%), Ethiopia (29.7%), Bermuda (26.3%), and Pakistan (23%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking: Insulated Wire ranks 732nd in the Product Complexity Index (PCI).