Aluminium Oxide2818 (Harmonized System 1992 for 4-digit)
2020 World Trade: $13.1B, Rnk 249 / 1217
2020 Top Exporter | Top Importer: $3.59B | $1.38B, Russia | Australia
2020 Product Complexity: -1.01, Rnk 839 / 1028
2019 - 2020 Export Growth (CAGR): -27.2%, Rnk 1122 / 1217
2018 Mean Tariff: 3.46%, Rnk 1095 / 1259
2020 Share of World Trade: 0.078%, Rnk 249 / 1217
Overview This page contains the latest trade data of Aluminium Oxide. In 2020, Aluminium Oxide were the world's 249th most traded product, with a total trade of $13.1B. Between 2019 and 2020 the exports of Aluminium Oxide decreased by -27.2%, from $18B to $13.1B. Trade in Aluminium Oxide represent 0.078% of total world trade.
Aluminium Oxide are a part of Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth.... They include Aluminium oxide, except artificial corundum, Aluminium hydroxide, and Artificial corundum.
Exports In 2020 the top exporters of Aluminium Oxide were Australia ($3.59B), Brazil ($2.43B), China ($892M), Germany ($705M), and Ireland ($536M).
Imports In 2020 the top importers of Aluminium Oxide were Russia ($1.38B), Canada ($1.32B), China ($1.26B), United Arab Emirates ($847M), and Norway ($770M).
Tariffs In 2018 the average tariff for Aluminium Oxide was 3.46%, making it the 1095th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Aluminium Oxide are Bahamas (40.7%), Bermuda (25%), Cayman Islands (22%), and Comoros (18.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking Aluminium Oxide ranks 839th in the Product Complexity Index (PCI).
Description Artificial corundum is a synthetic gemstone with a hardness of 9 on the Mohs scale. It is used in jewellery, abrasives, and as a heat resistant coating. Aluminium oxide is an oxide of aluminium and is used in the production of glass, ceramics, and abrasives. Aluminium hydroxide is a hydroxide of aluminium and is used in the production of glass, ceramics, and abrasives.
The following visualization shows the latest trends on Aluminium Oxide. 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 Oxide are the world's 249th most traded product.
In 2020, the top exporters of Aluminium Oxide were Australia ($3.59B), Brazil ($2.43B), China ($892M), Germany ($705M), and Ireland ($536M).
In 2020, the top importers of Aluminium Oxide were Russia ($1.38B), Canada ($1.32B), China ($1.26B), United Arab Emirates ($847M), and Norway ($770M).
Trade by country
Top Origin Growth (2019 - 2020): Netherlands, $53.6M
Top Destination Growth (2019 - 2020): China, $506M
Between 2019 and 2020, the exports of Aluminium Oxide grew the fastest in Netherlands ($53.6M), Kazakhstan ($9.61M), Latvia ($2.88M), Kuwait ($1.45M), and Chinese Taipei ($1.17M).
Between 2019 and 2020, the fastest growing importers of Aluminium Oxide were China ($506M), Oman ($46.6M), Vietnam ($36.3M), Chinese Taipei ($8.8M), and Cameroon ($6.21M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Aluminium Oxide.
In 2020, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Aluminium Oxide are explained by 14 countries.
This map shows which countries export or import more of Aluminium Oxide. Each country is colored based on the difference in exports and imports of Aluminium Oxide during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Aluminium Oxide were Australia ($3.58B), Brazil ($2.4B), Ireland ($532M), Jamaica ($496M), and Ukraine ($484M).
In 2020, the countries that had a largest trade value in imports than in exports of Aluminium Oxide were Russia ($1.34B), Canada ($1.24B), United Arab Emirates ($845M), Norway ($769M), and Malaysia ($408M).
In 2019, the world most traded Aluminium Oxide, disaggragated by their HS6 level were Aluminium oxide, except artificial corundum ($10.6B), Aluminium hydroxide ($1.4B), and Artificial corundum ($1.07B)
This visualization shows the countries that have an important ratio of their trade related to Aluminium Oxide. It is possible to select the main countries that export or import Aluminium Oxide in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Aluminium Oxide was 3.46%. The countries with the highest tariffs for importing Aluminium Oxide were Bahamas (40.7%), Bermuda (25%), Cayman Islands (22%), and Comoros (18.9%).
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.
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