Overview This page contains the latest trade data of Metal Lathes. In 2019, Metal Lathes were the world's 389th most traded product, with a total trade of $7.64B. Between 2018 and 2019 the exports of Metal Lathes decreased by -10.2%, from $8.51B to $7.64B. Trade in Metal Lathes represent 0.042% of total world trade.
Exports In 2019 the top exporters of Metal Lathes were Japan ($1.98B), Germany ($1.11B), South Korea ($761M), Chinese Taipei ($649M), and China ($515M).
Imports In 2019 the top importers of Metal Lathes were United States ($1.2B), China ($787M), Germany ($740M), Italy ($390M), and Belgium ($332M).
Tariffs In 2018 the average tariff for Metal Lathes was 5.2%, making it the 793rd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Metal Lathes are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Iran (15%), and Cambodia (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking Metal Lathes ranks 30th in the Product Complexity Index (PCI).
Description Lathes are used to remove metal from a piece of raw material. Lathes can be made from wood, steel, or aluminum.