Overview: This page contains the latest trade data of Iron Springs. In 2019, Iron Springs were the world's 402nd most traded product, with a total trade of $7.18B. Between 2018 and 2019 the exports of Iron Springs decreased by -4.34%, from $7.51B to $7.18B. Trade in Iron Springs represent 0.04% of total world trade.
Exports: In 2019 the top exporters of Iron Springs were Germany ($1.53B), United States ($760M), Mexico ($722M), China ($582M), and Japan ($437M).
Imports: In 2019 the top importers of Iron Springs were United States ($1.23B), Germany ($593M), Mexico ($496M), China ($437M), and Poland ($314M).
Tariffs: In 2018 the average tariff for Iron Springs was 8.53%, making it the 506th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Iron Springs are Bahamas (41.4%), Cambodia (35%), Pakistan (29.1%), Iran (26.6%), and Bangladesh (24.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking: Iron Springs ranks 167th in the Product Complexity Index (PCI).
Description: Springs are used to store energy and can be made from a variety of materials, including steel.