Overview: This page contains the latest trade data of Silicone. In 2019, Silicone were the world's 381st most traded product, with a total trade of $7.93B. Between 2018 and 2019 the exports of Silicone decreased by -9.15%, from $8.73B to $7.93B. Trade in Silicone represent 0.044% of total world trade.
Exports: In 2019 the top exporters of Silicone were Germany ($1.87B), United States ($1.34B), Japan ($803M), China ($795M), and Belgium ($567M).
Imports: In 2019 the top importers of Silicone were China ($813M), Belgium ($713M), United States ($609M), South Korea ($443M), and Germany ($443M).
Tariffs: In 2018 the average tariff for Silicone was 3.89%, making it the 1022nd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Silicone are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Romania (16.5%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Silicone ranks 15th in the Product Complexity Index (PCI).