Overview: This page contains the latest trade data of Low-voltage Protection Equipment. In 2019, Low-voltage Protection Equipment were the world's 25th most traded product, with a total trade of $96.7B. Between 2018 and 2019 the exports of Low-voltage Protection Equipment decreased by -4.18%, from $101B to $96.7B. Trade in Low-voltage Protection Equipment represent 0.53% of total world trade.
Exports: In 2019 the top exporters of Low-voltage Protection Equipment were China ($17.8B), Germany ($14.4B), United States ($9.01B), Japan ($7.87B), and France ($4.67B).
Imports: In 2019 the top importers of Low-voltage Protection Equipment were United States ($11.6B), Germany ($7.98B), China ($7.54B), Hong Kong ($6.93B), and Mexico ($5.17B).
Tariffs: In 2018 the average tariff for Low-voltage Protection Equipment was 8.9%, making it the 485th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Low-voltage Protection Equipment are Bahamas (40.2%), Iran (30.6%), Maldives (28.9%), Algeria (25.6%), and Bermuda (25%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).
Ranking: Low-voltage Protection Equipment ranks 259th in the Product Complexity Index (PCI).
Description: Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits, e.g., switches, relays, fuses, surge suppressors, plugs, sockets, lamp holders and junction boxes are used to control the flow of electricity through an electrical circuit. They can be made from a variety of materials including plastic and metal.