Overview: This page contains the latest trade data of Hormones. In 2019, Hormones were the world's 200th most traded product, with a total trade of $18.4B. Between 2018 and 2019 the exports of Hormones grew by 19.5%, from $15.4B to $18.4B. Trade in Hormones represent 0.1% of total world trade.
Exports: In 2019 the top exporters of Hormones were United States ($3.94B), Belgium ($2.35B), Ireland ($2.22B), Switzerland ($2.17B), and Denmark ($1.21B).
Imports: In 2019 the top importers of Hormones were Austria ($3.12B), France ($2.84B), United States ($2.69B), Italy ($2.25B), and China ($948M).
Tariffs: In 2018 the average tariff for Hormones was 2.56%, making it the 1177th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Hormones are Bahamas (40.2%), Bermuda (25%), Iran (17.5%), Maldives (14.7%), and Algeria (12.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mozambique (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Hormones ranks 238th in the Product Complexity Index (PCI).
Description: Hormones are chemical messengers used to regulate various functions in the body. Prostaglandins, thromboxanes, and leukotrienes are all made from arachidonic acid. Natural prostaglandins are derived from arachidonic acid and are used as hormones in the body. Synthetic prostaglandins are also used as hormones in the body. Derivatives and structural analogues of prostaglandins, thromboxanes, and leukotrienes are also used as hormones in the body.