Overview: This page contains the latest trade data of Compasses. In 2019, Compasses were the world's 336th most traded product, with a total trade of $9.14B. Between 2018 and 2019 the exports of Compasses grew by 8.42%, from $8.43B to $9.14B. Trade in Compasses represent 0.05% of total world trade.
Exports: In 2019 the top exporters of Compasses were Germany ($1.86B), United States ($1.85B), France ($1.05B), United Kingdom ($970M), and Netherlands ($361M).
Imports: In 2019 the top importers of Compasses were United States ($1.62B), France ($641M), United Kingdom ($466M), Germany ($415M), and Canada ($374M).
Tariffs: In 2018 the average tariff for Compasses was 3.76%, making it the 1046th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Compasses are Bahamas (35.7%), Uzbekistan (28.7%), Bermuda (25%), Jordan (23.4%), and Maldives (19.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Compasses ranks 309th in the Product Complexity Index (PCI).
Description: Direction finding compasses are used to determine the direction of a person or object. They can be made from a variety of materials, including metal and plastic.