Overview: In 2018, Waxes were the world's 632nd most traded product, with a total trade of $2.94B. Between 2017 and 2018 the exports of Waxes grew by 7.59%, from $2.74B to $2.94B. Trade in Waxes represent 0.016% of total world trade.
Exports: In 2018 the top exporters of Waxes were Germany ($612M), United States ($540M), South Korea ($221M), China ($180M), and Denmark ($131M).
Imports: In 2018 the top importers of Waxes were China ($364M), United States ($209M), Germany ($191M), France ($163M), and Italy ($117M).
Tariffs: In 2018 the average tariff for Waxes was 6.81%, been the 628 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Waxes are Bahamas (40.2%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Waxes ranks 333rd in the Product Complexity Index (PCI).