Overview: This page contains the latest trade data of Metals. In 2019, Metals were the world's 5th most traded product, with a total trade of $1.24T. Between 2018 and 2019 the exports of Metals decreased by -8.58%, from $1.36T to $1.24T. Trade in Metals represent 6.85% of total world trade.
Exports: In 2019 the top exporters of Metals were China ($187B), Germany ($106B), United States ($68.1B), Japan ($55.8B), and Italy ($48.9B).
Imports: In 2019 the top importers of Metals were United States ($128B), Germany ($95.6B), China ($85.5B), France ($45.2B), and Italy ($43.9B).
Tariffs: In 2018 the average tariff for Metals was 6.56%, making it the 16th lowest tariff using the Section product classification.
The countries with the highest import tariffs for Metals are Bahamas (36.9%), Bermuda (24.7%), Sudan (22.7%), Iran (17.4%), and Chad (16.3%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Mauritius (0.41%).
Ranking: Metals ranks 13th in the Product Complexity Index (PCI).