Overview: In 2018, Transportation were the world's 3rd most traded product, with a total trade of $1.92T. Between 2017 and 2018 the exports of Transportation grew by 7.19%, from $1.79T to $1.92T. Trade in Transportation represent 10.5% of total world trade.
Exports: In 2018 the top exporters of Transportation were Germany ($320B), United States ($188B), Japan ($166B), Mexico ($122B), and France ($116B).
Imports: In 2018 the top importers of Transportation were United States ($352B), Germany ($160B), China ($110B), France ($102B), and United Kingdom ($96.4B).
Tariffs: In 2018 the average tariff for Transportation was 8.75%, been the 11 lowest tariff using the Section product classification.
The countries with the highest import tariffs for Transportation are Maldives (47.9%), Pakistan (38.2%), India (37.1%), Syria (34%), and Thailand (33.7%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Japan (0.027%).
Ranking: Transportation ranks 3rd in the Product Complexity Index (PCI).