Overview: In 2018, Electricity were the world's 287th most traded product, with a total trade of $12.1B. Between 2017 and 2018 the exports of Electricity grew by 116%, from $5.61B to $12.1B. Trade in Electricity represent 0.066% of total world trade.
Exports: In 2018 the top exporters of Electricity were France ($2B), Laos ($1.41B), Germany ($1.04B), Norway ($973M), and Switzerland ($951M).
Imports: In 2018 the top importers of Electricity were Italy ($3.83B), United Kingdom ($1.54B), Thailand ($1.41B), Croatia ($637M), and Sweden ($487M).
Tariffs: In 2018 the average tariff for Electricity was 2.05%, been the 1228 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Electricity are Bermuda (25%), Madagascar (17.2%), Algeria (12.2%), Ethiopia (9.9%), and Cameroon (9.81%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mozambique (0%), and Rwanda (0%).
Ranking: Electricity ranks 715th in the Product Complexity Index (PCI).