Aluminium Ore2606 (Harmonized System 1992 for 4-digit)
2020 World Trade: $5.48B, Rnk 453 / 1217
2020 Top Exporter | Top Importer: $3.01B | $3.86B, Guinea | China
2020 Product Complexity: -2.35, Rnk 1022 / 1028
2019 - 2020 Export Growth (CAGR): -2.89%, Rnk 438 / 1217
2018 Mean Tariff: 2.32%, Rnk 1212 / 1259
2020 Share of World Trade: 0.033%, Rnk 453 / 1217
Overview This page contains the latest trade data of Aluminium Ore. In 2020, Aluminium Ore were the world's 453rd most traded product, with a total trade of $5.48B. Between 2019 and 2020 the exports of Aluminium Ore decreased by -2.89%, from $5.65B to $5.48B. Trade in Aluminium Ore represent 0.033% of total world trade.
Aluminium Ore are a part of Ores, slag and ash. They include Aluminium ores and concentrates.
Exports In 2020 the top exporters of Aluminium Ore were Guinea ($3.01B), Australia ($1.07B), Indonesia ($585M), Brazil ($174M), and China ($138M).
Imports In 2020 the top importers of Aluminium Ore were China ($3.86B), Spain ($184M), Ukraine ($175M), Ireland ($172M), and India ($155M).
Tariffs In 2018 the average tariff for Aluminium Ore was 2.32%, making it the 1212th lowest tariff using the HS4 product classification.
Ranking Aluminium Ore ranks 1022nd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Aluminium Ore. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Aluminium Ore are the world's 453rd most traded product.
In 2020, the top exporters of Aluminium Ore were Guinea ($3.01B), Australia ($1.07B), Indonesia ($585M), Brazil ($174M), and China ($138M).
In 2020, the top importers of Aluminium Ore were China ($3.86B), Spain ($184M), Ukraine ($175M), Ireland ($172M), and India ($155M).
Trade by country
Top Origin Growth (2019 - 2020): Indonesia, $95.4M
Top Destination Growth (2019 - 2020): India, $21.4M
Between 2019 and 2020, the exports of Aluminium Ore grew the fastest in Indonesia ($95.4M), Guinea ($71.7M), Ghana ($20.3M), Germany ($2.85M), and Cote d'Ivoire ($2.58M).
Between 2019 and 2020, the fastest growing importers of Aluminium Ore were India ($21.4M), Germany ($17.1M), United Arab Emirates ($14.4M), Spain ($7.52M), and Poland ($5.69M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Aluminium Ore.
In 2020, market concentration measured using Shannon Entropy, was 2.24. This means that most of the exports of Aluminium Ore are explained by 4 countries.
This map shows which countries export or import more of Aluminium Ore. Each country is colored based on the difference in exports and imports of Aluminium Ore during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Aluminium Ore were Guinea ($3.01B), Australia ($1.07B), Indonesia ($585M), Brazil ($154M), and Guyana ($96M).
In 2020, the countries that had a largest trade value in imports than in exports of Aluminium Ore were China ($3.72B), Spain ($177M), Ukraine ($174M), Ireland ($171M), and United Arab Emirates ($151M).
In 2020, the world most traded Aluminium Ore, disaggragated by their HS6 level were Aluminium ores and concentrates ($5.48B)
This visualization shows the countries that have an important ratio of their trade related to Aluminium Ore. It is possible to select the main countries that export or import Aluminium Ore in the world, or by continent, as well as select the measure of interest.
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.14 lamb