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Aluminium ores and concentrates

2606 (Harmonized System 1992 for 4-digit)

2023
World Trade $10.3BRnk 357 / 1217
2023
Top Exporter | Top Importer $7.62B | $8.27BGuinea | China
2023
Product Complexity -2.63Rnk 1038 / 1044
2022 - 2023
Export Growth (CAGR) 15.6%Rnk 91 / 1217
2023
Share of World Trade 0.046%Rnk 357 / 1217

About

Overview This page contains the latest trade data of Aluminium Ore. In 2023, Aluminium Ore were the world's 357th most traded product, with a total trade of $10.3B. Between 2022 and 2023 the exports of Aluminium Ore grew by 15.6%, from $8.91B to $10.3B. Trade in Aluminium Ore represent 0.046% of total world trade.

Aluminium Ore are a part of Ores, slag and ash. They include Aluminium ores and concentrates.

Exports In 2023 the top exporters of Aluminium Ore  were Guinea ($7.62B), Australia ($1.49B), Brazil ($205M), China ($202M), and Guyana ($118M).

Imports In 2023 the top importers of Aluminium Ore were China ($8.27B), United Arab Emirates ($675M), India ($281M), Ireland ($178M), and United States ($168M).

Ranking Aluminium Ore ranks 1038th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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.

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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)Guinea$7.62B
Top Destination (2023)China$8.27B

In 2023 Aluminium Ore were the world's 357th most traded product (out of 1,217).

In 2023, the top exporters of Aluminium Ore were Guinea ($7.62B), Australia ($1.49B), Brazil ($205M), China ($202M), and Guyana ($118M).

In 2023, the top importers of Aluminium Ore were China ($8.27B), United Arab Emirates ($675M), India ($281M), Ireland ($178M), and United States ($168M).

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

Color
Top Origin Growth (2022 -  2023)Guinea$2.15B
Top Destination Growth (2022 -  2023)China$1.35B

Between 2022 and 2023, the exports of Aluminium Ore grew the fastest in Guinea ($2.15B), Australia ($176M), Ghana ($48.1M), Turkey ($19.2M), and Malaysia ($18.8M).

Between 2022 and 2023, the fastest growing importers of Aluminium Ore were China ($1.35B), United Arab Emirates ($519M), Greece ($12.1M), Canada ($9.3M), and Bosnia and Herzegovina ($2.82M).

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Exporters of Aluminium Ore (2022 - 2023)

Importers of Aluminium Ore (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 1.52. This means that most of the exports of Aluminium Ore are explained by 2 countries.

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Value of Exports in Aluminium Ore

Net Trade

TOP NET EXPORTER (2023)Guinea$7.62B
TOP NET IMPORTER (2023)China$8.07B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Aluminium Ore were Guinea ($7.62B), Australia ($1.49B), Brazil ($202M), Guyana ($118M), and Indonesia ($107M).

In 2023, the countries that had a largest trade value in imports than in exports of Aluminium Ore were China ($8.07B), United Arab Emirates ($674M), India ($278M), Ireland ($177M), and United States ($158M).

Net Trade (2023)

Country Comparison

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Ranking

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.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $5.48M
TOP IMPORT POTENTIALIndonesia+ $576

Aluminium Ore’s highest export potential is Canada. With an export gap of $5.48M.  Aluminium Ore’s highest import potential is Indonesia with an import gap of $576.

See methodology.

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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 Ore.

Country by Relatedness

The following visualization shows the relatedness of Aluminium Ore 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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