Overview: This page contains the latest trade data of Enzymes. In 2019, Enzymes were the world's 466th most traded product, with a total trade of $5.56B. Between 2018 and 2019 the exports of Enzymes decreased by -1.37%, from $5.63B to $5.56B. Trade in Enzymes represent 0.031% of total world trade.
Exports: In 2019 the top exporters of Enzymes were Denmark ($1.27B), United States ($711M), Germany ($485M), Netherlands ($458M), and China ($398M).
Imports: In 2019 the top importers of Enzymes were United States ($814M), Netherlands ($464M), Germany ($422M), China ($236M), and France ($224M).
Tariffs: In 2018 the average tariff for Enzymes was 4.41%, making it the 926th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Enzymes are Bahamas (40.2%), Bermuda (25%), Ethiopia (19.8%), Austria (19.2%), and Maldives (18.3%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Enzymes ranks 147th in the Product Complexity Index (PCI).
Description: Enzymes are proteins that act as catalysts to speed up the rate of chemical reactions. They are commonly used in food production to help break down starch and protein molecules into smaller molecules. They are also used in laundry detergents to break down dirt and stains.