Overview: This page contains the latest trade data of Waxes. In 2019, Waxes were the world's 648th most traded product, with a total trade of $2.77B. Between 2018 and 2019 the exports of Waxes decreased by -6.35%, from $2.96B to $2.77B. Trade in Waxes represent 0.015% of total world trade.
Exports: In 2019 the top exporters of Waxes were Germany ($576M), United States ($449M), South Korea ($213M), China ($158M), and Denmark ($126M).
Imports: In 2019 the top importers of Waxes were China ($358M), United States ($189M), Germany ($172M), France ($153M), and Italy ($112M).
Tariffs: In 2018 the average tariff for Waxes was 6.81%, making it the 628th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Waxes are Bahamas (40.2%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Waxes ranks 246th in the Product Complexity Index (PCI).
Description: Artificial waxes are used in beauty products, such as lipsticks and foundations. Prepared waxes are used to remove hair from the skin.