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Aluminium; bars, rods and profiles

7604 (Harmonized System 1992 for 4-digit)

2023
World Trade $20.8BRnk 197 / 1217
2023
Top Exporter | Top Importer $3.08B | $3.23BChina | Germany
2023
Product Complexity -0.0058Rnk 573 / 1044
2022 - 2023
Export Growth (CAGR) -16.2%Rnk 942 / 1217
2023
Share of World Trade 0.092%Rnk 197 / 1217

About

Overview This page contains the latest trade data of Aluminium Bars. In 2023, Aluminium Bars were the world's 197th most traded product, with a total trade of $20.8B. Between 2022 and 2023 the exports of Aluminium Bars decreased by -16.2%, from $24.8B to $20.8B. Trade in Aluminium Bars represent 0.092% of total world trade.

Aluminium Bars are a part of Aluminum articles. They include Bars, rods and other profiles, aluminium alloyed, Profiles, hollow, aluminium, alloyed, and Bars, rods and profiles, aluminium, not alloyed.

Exports In 2023 the top exporters of Aluminium Bars  were China ($3.08B), Germany ($2.1B), Turkey ($1.85B), Spain ($1.55B), and Italy ($1.16B).

Imports In 2023 the top importers of Aluminium Bars were Germany ($3.23B), United States ($1.65B), France ($1.39B), United Kingdom ($736M), and Netherlands ($702M).

Ranking Aluminium Bars ranks 573rd in the Product Complexity Index (PCI).

Description Bars, rods and profiles of aluminium are used in the production of other goods. They can be made from a variety of materials, including aluminium.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Aluminium Bars. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$3.08B
Top Destination (2023)Germany$3.23B

In 2023 Aluminium Bars were the world's 197th most traded product (out of 1,217).

In 2023, the top exporters of Aluminium Bars were China ($3.08B), Germany ($2.1B), Turkey ($1.85B), Spain ($1.55B), and Italy ($1.16B).

In 2023, the top importers of Aluminium Bars were Germany ($3.23B), United States ($1.65B), France ($1.39B), United Kingdom ($736M), and Netherlands ($702M).

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Exporters of Aluminium Bars (2023)
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Importers of Aluminium Bars (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Dominican Republic$25.5M
Top Destination Growth (2022 -  2023)Ireland$159M

Between 2022 and 2023, the exports of Aluminium Bars grew the fastest in Dominican Republic ($25.5M), Romania ($22.8M), Norway ($18.4M), Philippines ($7.97M), and Croatia ($7.3M).

Between 2022 and 2023, the fastest growing importers of Aluminium Bars were Ireland ($159M), Malaysia ($49.6M), India ($29.8M), Turkey ($14.7M), and South Korea ($14.6M).

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Exporters of Aluminium Bars (2022 - 2023)

Importers of Aluminium Bars (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Aluminium Bars.

In 2023, market concentration measured using Shannon Entropy, was 4.88. This means that most of the exports of Aluminium Bars are explained by 29 countries.

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Value of Exports in Aluminium Bars

Net Trade

TOP NET EXPORTER (2023)China$2.84B
TOP NET IMPORTER (2023)Germany$1.13B

This map shows which countries export or import more of Aluminium Bars. Each country is colored based on the difference in exports and imports of Aluminium Bars during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Aluminium Bars were China ($2.84B), Turkey ($1.74B), Spain ($1.18B), Italy ($651M), and Greece ($410M).

In 2023, the countries that had a largest trade value in imports than in exports of Aluminium Bars were Germany ($1.13B), France ($1.09B), United States ($659M), United Kingdom ($639M), and Mexico ($420M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Aluminium Bars, disaggragated by their HS6 level were Bars, rods and other profiles, aluminium... ($12.9B), Profiles, hollow, aluminium, alloyed ($6.4B), and Bars, rods and profiles, aluminium, not... ($1.47B)

HS6 Disaggregation for Aluminium Bars (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Aluminium Bars.
It is possible to select the main countries that export or import Aluminium Bars in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Aluminium Bars by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $34M
TOP IMPORT POTENTIALChina+ $13.9M

Aluminium Bars’s highest export potential is Germany. With an export gap of $34M.  Aluminium Bars’s highest import potential is China with an import gap of $13.9M.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Aluminium Bars.

Country by Relatedness

The following visualization shows the relatedness of Aluminium Bars to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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