Overview: In 2018, Hormones were the world's 239th most traded product, with a total trade of $15.3B. Between 2017 and 2018 the exports of Hormones grew by 11.7%, from $13.7B to $15.3B. Trade in Hormones represent 0.083% of total world trade.
Exports: In 2018 the top exporters of Hormones were United States ($2.87B), Switzerland ($2.52B), Belgium-Luxembourg ($2.06B), Singapore ($1.1B), and Denmark ($940M).
Imports: In 2018 the top importers of Hormones were France ($2.61B), Austria ($2.33B), Italy ($1.64B), United States ($1.26B), and Germany ($999M).
Tariffs: In 2018 the average tariff for Hormones was 2.56%, been the 1177 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Hormones are Bahamas (40.2%), Bermuda (25%), Iran (17.5%), Maldives (14.7%), and Algeria (12.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mozambique (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Hormones ranks 95th in the Product Complexity Index (PCI).