Overview: This page contains the latest trade data of Transmissions. In 2019, Transmissions were the world's 48th most traded product, with a total trade of $59.1B. Between 2018 and 2019 the exports of Transmissions decreased by -4.38%, from $61.8B to $59.1B. Trade in Transmissions represent 0.33% of total world trade.
Exports: In 2019 the top exporters of Transmissions were Germany ($12.6B), China ($7.83B), United States ($6.41B), Japan ($5.18B), and Italy ($3.55B).
Imports: In 2019 the top importers of Transmissions were United States ($9.85B), Germany ($5.44B), China ($4.73B), Mexico ($2.74B), and Canada ($2.69B).
Tariffs: In 2018 the average tariff for Transmissions was 4.65%, making it the 884th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Transmissions are Bahamas (42.6%), Bermuda (35%), Maldives (34.2%), Pakistan (28.9%), and Samoa (20%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).
Ranking: Transmissions ranks 49th in the Product Complexity Index (PCI).
Description: Transmission shafts are used in the production of other goods. They can be made from a variety of materials, including steel, aluminum, and plastic.