Portland cement, aluminous cement (ciment fondu), slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers

2523 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Cement. In 2021, Cement were the world's 271st most traded product, with a total trade of $14.8B. Between 2020 and 2021 the exports of Cement grew by 16.6%, from $12.7B to $14.8B. Trade in Cement represent 0.071% of total world trade.

Cement are a part of Salt, sulphur, cement, lime, stone, & plaster. They include Portland cement, other than white cement, Cement clinkers, Portland cement, white or white artificially coloured, Hydraulic cements except portland or aluminous, and Aluminous cement.

Exports In 2021 the top exporters of Cement  were Vietnam ($1.91B), Turkey ($1.43B), United Arab Emirates ($693M), Germany ($620M), and Thailand ($546M).

Imports In 2021 the top importers of Cement were United States ($1.65B), China ($1.16B), Bangladesh ($718M), France ($599M), and Philippines ($545M).

Ranking Cement ranks 939th in the Product Complexity Index (PCI).

Description Cement is a material that is used to bind and harden other materials, such as sand and gravel, into a hard substance. It is typically used in the construction industry, for example in the building of roads, buildings, and bridges. Cement clinkers are the end product of the cement-making process. These are cement mixed with small pieces of coal or other fuel. They are used to generate heat in a furnace.

Latest Data

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The following visualization shows the latest trends on Cement. 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.

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Historical Data

Exporters and Importers

Top Origin (2021)Vietnam$1.91B
Top Destination (2021)United States$1.65B

In 2021 Cement were the world's 271st most traded product (out of 1,217).

In 2021, the top exporters of Cement were Vietnam ($1.91B), Turkey ($1.43B), United Arab Emirates ($693M), Germany ($620M), and Thailand ($546M).

In 2021, the top importers of Cement were United States ($1.65B), China ($1.16B), Bangladesh ($718M), France ($599M), and Philippines ($545M).

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Exporters of Cement (2021)
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Importers of Cement (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Vietnam$412M
Top Destination Growth (2020 -  2021)United States$342M

Between 2020 and 2021, the exports of Cement grew the fastest in Vietnam ($412M), Egypt ($238M), Greece ($158M), Iran ($142M), and Turkey ($130M).

Between 2020 and 2021, the fastest growing importers of Cement were United States ($342M), Bangladesh ($206M), France ($149M), Kuwait ($147M), and United Kingdom ($89M).

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Exporters of Cement (2020 - 2021)

Importers of Cement (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cement.

In 2021, market concentration measured using Shannon Entropy, was 5.49. This means that most of the exports of Cement are explained by 44 countries.

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Value of Exports in Cement

Net Trade

TOP NET EXPORTER (2021)Vietnam$1.9B
TOP NET IMPORTER (2021)United States$1.47B

This map shows which countries export or import more of Cement. Each country is colored based on the difference in exports and imports of Cement during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Cement were Vietnam ($1.9B), Turkey ($1.42B), United Arab Emirates ($681M), Thailand ($471M), and Indonesia ($446M).

In 2021, the countries that had a largest trade value in imports than in exports of Cement were United States ($1.47B), China ($978M), Bangladesh ($709M), Philippines ($543M), and United Kingdom ($380M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Cement, disaggragated by their HS6 level were Portland cement, other than white cement ($7.63B), Cement clinkers ($5.1B), Portland cement, white or white artificially... ($823M), Hydraulic cements except portland or aluminous ($802M), and Aluminous cement ($481M)

HS6 Disaggregation for Cement (2021)
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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 Cement.
It is possible to select the main countries that export or import Cement in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cement by percentage of total exports

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 (2021)

Country by Relatedness

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

Relative Relatedness by Country (2021)

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