Overview: This page contains the latest trade data of Transmissions. In 2018, Transmissions were the world's 48th most traded product, with a total trade of $60.6B. Between 2017 and 2018 the exports of Transmissions grew by 11.8%, from $54.2B to $60.6B. Trade in Transmissions represent 0.33% of total world trade.
Exports: In 2018 the top exporters of Transmissions were Germany ($13.2B), China ($7.89B), Japan ($5.81B), United States ($5.06B), and Italy ($3.74B).
Imports: In 2018 the top importers of Transmissionswere United States ($9.95B), Germany ($5.82B), China ($5.36B), Mexico ($2.8B), and France ($2.43B).
Tariffs: In 2018 the average tariff for Transmissions was 4.65%, been the 884 lowest tariff using the HS4 product classification.
Between 2017 and 2018, the fastest growing importers of Transmissions were United States ($926M), Canada ($884M), France ($387M), Germany ($377M), and Italy ($362M).
This chart shows the evolution of the market concentration of exports of Transmissions.
In 2018, market concentration measured using Shannon Entropy, was 4.25. This means that most of the exports of Transmissions are explained by 19 countries.
This map shows which countries export or import more of Transmissions. Each country is colored based on the difference in exports and imports of Transmissions during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Transmissions were Germany ($7.36B), Japan ($4.05B), China ($2.53B), Italy ($1.74B), and Chinese Taipei ($1.46B).
In 2018, the countries that had a largest trade value in imports than in exports of Transmissions were United States ($4.89B), Mexico ($1.66B), Russia ($699M), United Kingdom ($629M), and Thailand ($604M).
In 2018, the average tariff for importing Transmissions was 4.65%. The countries with the highest tariffs for importing Transmissions were Bahamas (42.6%), Bermuda (35%), Maldives (34.2%), Pakistan (28.9%), and Samoa (20%).
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.