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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)

2023
World Trade $15.6BRnk 258 / 1217
2023
Top Exporter | Top Importer $1.65B | $2.55BTurkey | United States
2023
Product Complexity -1.48Rnk 956 / 1044
2022 - 2023
Export Growth (CAGR) -6.33%Rnk 612 / 1217
2023
Share of World Trade 0.069%Rnk 258 / 1217

About

Overview This page contains the latest trade data of Cement. In 2023, Cement were the world's 258th most traded product, with a total trade of $15.6B. Between 2022 and 2023 the exports of Cement decreased by -6.33%, from $16.7B to $15.6B. Trade in Cement represent 0.069% 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 2023 the top exporters of Cement  were Turkey ($1.65B), Vietnam ($1.58B), Egypt ($841M), United Arab Emirates ($689M), and Germany ($627M).

Imports In 2023 the top importers of Cement were United States ($2.55B), France ($620M), Philippines ($551M), Bangladesh ($488M), and United Kingdom ($474M).

Ranking Cement ranks 956th 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 Trends

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.

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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)Turkey$1.65B
Top Destination (2023)United States$2.55B

In 2023 Cement were the world's 258th most traded product (out of 1,217).

In 2023, the top exporters of Cement were Turkey ($1.65B), Vietnam ($1.58B), Egypt ($841M), United Arab Emirates ($689M), and Germany ($627M).

In 2023, the top importers of Cement were United States ($2.55B), France ($620M), Philippines ($551M), Bangladesh ($488M), and United Kingdom ($474M).

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Exporters of Cement (2023)
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Importers of Cement (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Egypt$154M
Top Destination Growth (2022 -  2023)Italy$100M

Between 2022 and 2023, the exports of Cement grew the fastest in Egypt ($154M), Greece ($81.9M), Pakistan ($78.5M), Zambia ($73.9M), and China ($73.7M).

Between 2022 and 2023, the fastest growing importers of Cement were Italy ($100M), Mali ($90.9M), Burkina Faso ($56.6M), Honduras ($48.6M), and Hungary ($47.9M).

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Exporters of Cement (2022 - 2023)

Importers of Cement (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 5.47. 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 (2023)Turkey$1.64B
TOP NET IMPORTER (2023)United States$2.37B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cement were Turkey ($1.64B), Vietnam ($1.57B), Egypt ($826M), United Arab Emirates ($682M), and Algeria ($516M).

In 2023, the countries that had a largest trade value in imports than in exports of Cement were United States ($2.37B), Philippines ($549M), Bangladesh ($473M), United Kingdom ($432M), and Israel ($391M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Cement, disaggragated by their HS6 level were Portland cement, other than white cement ($8.81B), Cement clinkers ($4.35B), Hydraulic cements except portland or aluminous ($1.13B), Portland cement, white or white artificially... ($831M), and Aluminous cement ($495M)

HS6 Disaggregation for Cement (2023)
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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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $13M
TOP IMPORT POTENTIALAlgeria+ $851k

Cement’s highest export potential is France. With an export gap of $13M.  Cement’s highest import potential is Algeria with an import gap of $851k.

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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 Cement.

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 (2023)

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