Overview: This page contains the latest trade data of Cranes. In 2019, Cranes were the world's 246th most traded product, with a total trade of $14.3B. Between 2018 and 2019 the exports of Cranes decreased by -3.4%, from $14.8B to $14.3B. Trade in Cranes represent 0.079% of total world trade.
Exports: In 2019 the top exporters of Cranes were China ($3.18B), Germany ($1.91B), Italy ($1.28B), Japan ($1.16B), and Austria ($815M).
Imports: In 2019 the top importers of Cranes were United States ($1.74B), Germany ($733M), Indonesia ($556M), France ($539M), and Russia ($497M).
Tariffs: In 2018 the average tariff for Cranes was 5.31%, making it the 773rd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Cranes are Bahamas (40.2%), Bermuda (35%), Maldives (28.3%), Iran (15%), and Cambodia (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Cranes ranks 285th in the Product Complexity Index (PCI).
Description: Ships' derricks are used to move heavy objects, such as ships. They can be made from a variety of materials, including steel and aluminum.