Overview: This page contains the latest trade data of Iron Wire. In 2018, Iron Wire were the world's 393rd most traded product, with a total trade of $7.81B. Between 2017 and 2018 the exports of Iron Wire grew by 22.4%, from $6.38B to $7.81B. Trade in Iron Wire represent 0.042% of total world trade.
Exports: In 2018 the top exporters of Iron Wire were China ($1.71B), Germany ($559M), Italy ($510M), South Korea ($391M), and Czechia ($349M).
Imports: In 2018 the top importers of Iron Wire were Germany ($641M), United States ($633M), Poland ($345M), France ($337M), and India ($217M).
Tariffs: In 2018 the average tariff for Iron Wire was 7.05%, making it the 615th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Iron Wire are Bahamas (40.2%), Bermuda (25%), Iran (21.2%), Tunisia (20%), and Angola (20%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), South Korea (0%), and Singapore (0%).
Ranking: Iron Wire ranks 684th in the Product Complexity Index (PCI).
Description: Wire is used to make things like wire coat hangers, electrical wiring, and other products. Wire can be made from a variety of materials, including iron or non-alloy steel.