Overview: This page contains the latest trade data of Trailers. In 2019, Trailers were the world's 129th most traded product, with a total trade of $28.5B. Between 2018 and 2019 the exports of Trailers decreased by -4.84%, from $30B to $28.5B. Trade in Trailers represent 0.16% of total world trade.
Ranking: Trailers ranks 261st in the Product Complexity Index (PCI).
Description: Trailers are used to transport goods from one place to another. They can be made of a variety of materials, including steel, aluminum, and plastic.
Top Destination Growth (2018 - 2019): Turkey, $118M
Between 2018 and 2019, the exports of Trailers grew the fastest in Mexico ($372M), Russia ($228M), South Korea ($51.1M), Poland ($41.6M), and Canada ($32.9M).
Between 2018 and 2019, the fastest growing importers of Trailers were Turkey ($118M), Saudi Arabia ($82.1M), China ($57.7M), Mexico ($49.8M), and Nigeria ($35.8M).
This map shows which countries export or import more of Trailers. Each country is colored based on the difference in exports and imports of Trailers during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Trailers were China ($4.01B), Germany ($3.52B), Mexico ($1.4B), Turkey ($347M), and Hungary ($331M).
In 2019, the countries that had a largest trade value in imports than in exports of Trailers were Canada ($2B), France ($844M), United States ($542M), Australia ($479M), and Russia ($399M).
In 2018, the average tariff for importing Trailers was 10.8%. The countries with the highest tariffs for importing Trailers were Maldives (32.4%), Iran (28.7%), Romania (25.7%), Bermuda (25%), and Brazil (24.8%).
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.