Overview: This page contains the latest trade data of Cranes. In 2018, Cranes were the world's 250th most traded product, with a total trade of $14.7B. Between 2017 and 2018 the exports of Cranes grew by 10.4%, from $13.3B to $14.7B. Trade in Cranes represent 0.08% of total world trade.
Exports: In 2018 the top exporters of Cranes were China ($3.5B), Germany ($1.86B), Italy ($1.44B), Japan ($1.03B), and Austria ($827M).
This map shows which countries export or import more of Cranes. Each country is colored based on the difference in exports and imports of Cranes during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Cranes were China ($3.26B), Italy ($1.18B), Germany ($1.18B), Japan ($918M), and Austria ($598M).
In 2018, the average tariff for importing Cranes was 5.31%. The countries with the highest tariffs for importing Cranes were Bahamas (40.2%), Bermuda (35%), Maldives (28.3%), Iran (15%), and Cambodia (15%).
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.