Transmissions8483 (Harmonized System 1992 for 4-digit)
World Trade (2018): $60.6B, Rnk 48 / 1225
Top Exporter (2018): $13.2B, Germany
Top Importer (2018): $9.95B, United States
Product Complexity (2018): 1.46, Rnk 54 / 1018
Export Growth (CAGR)(2017 - 2018): 11.8%, Rnk 682 / 1225
Mean Tariff (2018): 4.65%, Rnk 884 / 1259
Share of World Trade (2018): 0.33%, Rnk 48 / 1225
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 Transmissions were 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.
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 54th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $13.2B
Top Destination (2018): United States, $9.95B
Transmissions are the world's 48th most traded product.
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).
In 2018, the top importers of Transmissions were United States ($9.95B), Germany ($5.82B), China ($5.36B), Mexico ($2.8B), and France ($2.43B).
Trade by country
Top Origin Growth (2017 - 2018): Germany, $1.65B
Top Destination Growth (2017 - 2018): United States, $926M
Between 2017 and 2018, the exports of Transmissions grew the fastest in Germany ($1.65B), China ($854M), Chinese Taipei ($603M), United States ($434M), and Japan ($321M).
Between 2017 and 2018, the fastest growing importers of Transmissions were United States ($926M), Canada ($884M), France ($387M), Germany ($377M), and Italy ($362M).
Cumulative market share
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.
TOP NET EXPORTER (2018): Germany, $7.36B
TOP NET IMPORTER (2018): United States, $4.89B
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).
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.
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