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.
Electric Batteries are a part of Electrical machinery and equipment. They include Electric accumulators, nes, Lead-acid electric accumulators (vehicle), Lead-acid electric accumulators except for vehicles, Parts of electric accumulators, including separators, Nickel-cadmium electric accumulators, and Nickel-iron electric accumulators.
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 8.71%, making it the 490th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Electric Batteries are Bermuda (35%), Uganda (34.3%), and Maldives (34.2%). 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.