Overview: This page contains the latest trade data of Electric Batteries. In 2019, Electric Batteries were the world's 47th most traded product, with a total trade of $59.6B. Between 2018 and 2019 the exports of Electric Batteries grew by 10.1%, from $54.2B to $59.6B. Trade in Electric Batteries represent 0.33% of total world trade.
Exports: In 2019 the top exporters of Electric Batteries were China ($17.2B), South Korea ($7.53B), Japan ($4.59B), Germany ($4.18B), and United States ($3.76B).
Imports: In 2019 the top importers of Electric Batteries were United States ($7.86B), Germany ($5.47B), China ($3.54B), Hong Kong ($3.31B), and France ($2.55B).
Tariffs: In 2018 the average tariff for Electric Batteries was 8.94%, making it the 481st lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Electric Batteries are Bermuda (35%), Maldives (34.2%), Fiji (31.1%), Cambodia (28.3%), and Bahamas (27.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).
Ranking: Electric Batteries ranks 195th in the Product Complexity Index (PCI).
Description: Electric accumulators are used to store electricity for use in electrical devices. They can be made from a variety of materials, including lead acid, nickel cadmium, and lithium ion.