Overview: In 2018, Baked Goods were the world's 100th most traded product, with a total trade of $36.5B. Between 2017 and 2018 the exports of Baked Goods grew by 12.5%, from $32.4B to $36.5B. Trade in Baked Goods represent 0.2% of total world trade.
Exports: In 2018 the top exporters of Baked Goods were Germany ($4.17B), Canada ($2.83B), Italy ($2.46B), Belgium-Luxembourg ($2.41B), and France ($2.38B).
Imports: In 2018 the top importers of Baked Goods were United States ($5.56B), United Kingdom ($2.76B), Germany ($2.56B), France ($2.31B), and Canada ($1.57B).
Tariffs: In 2018 the average tariff for Baked Goods was 25.9%, been the 39 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Baked Goods are Syria (73.5%), Austria (71.7%), Cyprus (63.6%), Bulgaria (47.2%), and Iran (39.1%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking: Baked Goods ranks 673rd in the Product Complexity Index (PCI).