Applied tariffs
Simple average MFN applied
2025
12.7 %
Trade-weighted MFN average
2024
8.7 %
Share of MFN duty-free
2025
38.1 %
Bound tariffs
Simple average bound
59.1 %
Binding coverage
100.0 %
Share of bound duty-free
0.0 %
Imports
Total imports: 13,945.3 million USD in 2024
Imports by partner
European Union
29.7 %
4,146.1
million USD
China
14.7 %
2,054.9
million USD
United Kingdom
8.0 %
1,121.9
million USD
India
6.1 %
854.3
million USD
United States of America
6.1 %
852.5
million USD
Korea, Republic of
5.0 %
691.7
million USD
Brazil
3.7 %
512.8
million USD
South Africa
3.5 %
485.9
million USD
United Arab Emirates
3.3 %
459.8
million USD
Singapore
2.7 %
381.9
million USD
Rest of the World
17.1 %
2,383.5
million USD
Imports by products HS 2022
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
19.4 %
2,700.7
million USD
100119
Durum wheat (excl. seed for sowing)
2.6 %
362.6
million USD
848180
Appliances for pipes, boiler shells, tanks, vats or the like (excl. pressure-reducing valves, valves for the control of pneumatic power transmission, check "non-return" valves and safety or relief valves)
2.0 %
272.0
million USD
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
1.7 %
243.0
million USD
020714
Frozen cuts and edible offal of fowls of the species Gallus domesticus
1.5 %
214.0
million USD
490700
Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value; stamp-impressed paper; banknotes; cheque forms; stock, share or bond certificates and similar documents of title
1.3 %
181.1
million USD
830710
Flexible tubing of iron or steel, with or without fittings
1.3 %
177.4
million USD
732690
Articles of iron or steel, n.e.s. (excl. cast articles or articles of iron or steel wire)
1.3 %
174.4
million USD
170199
Cane or beet sugar and chemically pure sucrose, in solid form (excl. cane and beet sugar containing added flavouring or colouring and raw sugar)
1.0 %
146.3
million USD
730890
Structures and parts of structures, of iron or steel, n.e.s. (excl. bridges and bridge-sections, towers and lattice masts, doors and windows and their frames, thresholds for doors, props and similar equipment for scaffolding, shuttering, propping or pit-propping)
1.0 %
143.5
million USD
Rest of the products
66.9 %
9,330.2
million USD
Exports
Total exports: 39,250.3 million USD in 2024
Exports by destination
China
41.4 %
16,235.6
million USD
European Union
15.8 %
6,195.3
million USD
India
11.1 %
4,358.1
million USD
United States of America
4.2 %
1,636.9
million USD
Indonesia
4.0 %
1,569.4
million USD
Singapore
3.5 %
1,355.5
million USD
United Arab Emirates
3.2 %
1,241.3
million USD
Brazil
2.9 %
1,119.2
million USD
South Africa
1.9 %
753.1
million USD
Canada
1.9 %
729.5
million USD
Rest of the World
10.3 %
4,056.2
million USD
Exports by products HS 2022
270900
Petroleum oils and oils obtained from bituminous minerals, crude
79.6 %
31,257.3
million USD
271111
Natural gas, liquefied
5.9 %
2,317.8
million USD
710221
Industrial diamonds unworked or simply sawn, cleaved or bruted
3.9 %
1,531.4
million USD
890520
Floating or submersible drilling or production platforms
3.5 %
1,372.3
million USD
890190
Vessels for the transport of goods and vessels for the transport of both persons and goods (excl. refrigerated vessels, tankers, ferry-boats and vessels principally designed for the transport of persons)
1.6 %
626.8
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
0.9 %
360.3
million USD
890400
Tugs and pusher craft
0.7 %
279.3
million USD
890690
Vessels, incl. lifeboats (excl. warships, rowing boats and other vessels of heading 8901 to 8905 and vessels for breaking up)
0.6 %
225.1
million USD
271112
Propane, liquefied
0.6 %
220.4
million USD
890120
Tankers
0.4 %
157.9
million USD
Rest of the products
2.3 %
901.7
million USD