Overview: This page contains the latest trade data of Pumps nes. In 2019, Pumps nes were the world's 718th most traded product, with a total trade of $4.28B. Between 2018 and 2019 the exports of Pumps nes decreased by -5.85%, from $4.54B to $4.28B. Trade in Pumps nes represent 0.024% of total world trade.
Exports: In 2019 the top exporters of Pumps nes were Italy ($806M), United States ($607M), China ($440M), Germany ($401M), and United Kingdom ($214M).
Imports: In 2019 the top importers of Pumps nes were United States ($459M), Germany ($319M), China ($237M), United Kingdom ($196M), and South Korea ($145M).
Tariffs: In 2018 the average tariff for Pumps nes was 4.39%, making it the 4628th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Pumps nes are Maldives (25%), Bermuda (25%), Tunisia (20%), Pakistan (19.9%), and Iran (16.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Pumps nes ranks 1175th in the Product Complexity Index (PCI).
Description: Pumps are often used to transfer fluids from one place to another. They can be used to pump water from an underground water table to the surface, for example. Or, a water container can be pressurized by transferring water from a high-pressure water source (such as a water tower) to a lower pressure water source.