Aluminium unwrought, alloyed760120 (Harmonized System 1992 for 6-digit)
2020 World Trade: $23.8B, Rnk 98 / 4613
2020 Top Exporter | Top Importer: $2.99B | $3.14B, United Arab Emirates | United States
2020 Product Complexity: -0.76, Rnk 3647 / 4783
2019 - 2020 Export Growth (CAGR): -14%, Rnk 3009 / 4613
2018 Mean Tariff: 3.41%, Rnk 5545 / 6538
2020 Share of World Trade: 0.14%, Rnk 98 / 4613
Overview This page contains the latest trade data of Aluminium unwrought, alloyed. In 2020, Aluminium unwrought, alloyed were the world's 98th most traded product, with a total trade of $23.8B. Between 2019 and 2020 the exports of Aluminium unwrought, alloyed decreased by -14%, from $27.7B to $23.8B. Trade in Aluminium unwrought, alloyed represent 0.14% of total world trade.
Aluminium unwrought, alloyed are a part of Raw Aluminium.
Exports In 2020 the top exporters of Aluminium unwrought, alloyed were United Arab Emirates ($2.99B), Norway ($2.32B), Canada ($1.99B), Russia ($1.41B), and Bahrain ($1.2B).
Imports In 2020 the top importers of Aluminium unwrought, alloyed were United States ($3.14B), Germany ($2.62B), China ($1.71B), Japan ($1.46B), and Netherlands ($1.23B).
Tariffs In 2018 the average tariff for Aluminium unwrought, alloyed was 3.41%, making it the 5545th lowest tariff using the HS6 product classification.
Ranking Aluminium unwrought, alloyed ranks 3647th in the Product Complexity Index (PCI).
Description Aluminium is used in a large number of applications including the production of aircraft, automobiles, and construction.
The following visualization shows the latest trends on Aluminium unwrought, alloyed. 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
Top Origin (2020): United Arab Emirates, $2.99B
Top Destination (2020): United States, $3.14B
Aluminium unwrought, alloyed are the world's 98th most traded product.
In 2020, the top exporters of Aluminium unwrought, alloyed were United Arab Emirates ($2.99B), Norway ($2.32B), Canada ($1.99B), Russia ($1.41B), and Bahrain ($1.2B).
In 2020, the top importers of Aluminium unwrought, alloyed were United States ($3.14B), Germany ($2.62B), China ($1.71B), Japan ($1.46B), and Netherlands ($1.23B).
Trade by country
Between 2019 and 2020, the exports of Aluminium unwrought, alloyed grew the fastest in Bahrain ($201M), South Korea ($187M), Malaysia ($110M), Thailand ($90.6M), and Vietnam ($88.5M).
Between 2019 and 2020, the fastest growing importers of Aluminium unwrought, alloyed were China ($1.34B), Saudi Arabia ($159M), Nigeria ($48.1M), Bosnia and Herzegovina ($25.9M), and Brazil ($25.4M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Aluminium unwrought, alloyed.
In 2020, market concentration measured using Shannon Entropy, was 4.91. This means that most of the exports of Aluminium unwrought, alloyed are explained by 30 countries.
TOP NET EXPORTER (2020): United Arab Emirates, $2.98B
TOP NET IMPORTER (2020): United States, $2.48B
This map shows which countries export or import more of Aluminium unwrought, alloyed. Each country is colored based on the difference in exports and imports of Aluminium unwrought, alloyed during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Aluminium unwrought, alloyed were United Arab Emirates ($2.98B), Norway ($2.29B), Canada ($1.74B), Russia ($1.4B), and Bahrain ($1.2B).
In 2020, the countries that had a largest trade value in imports than in exports of Aluminium unwrought, alloyed were United States ($2.48B), Germany ($1.7B), Japan ($1.41B), China ($1.25B), and Mexico ($909M).
This visualization shows the countries that have an important ratio of their trade related to Aluminium unwrought, alloyed. It is possible to select the main countries that export or import Aluminium unwrought, alloyed 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.
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