HS Icon Raw Aluminium

Aluminium; unwrought

7601 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Raw Aluminium. In 2021, Raw Aluminium were the world's 41st most traded product, with a total trade of $78.6B. Between 2020 and 2021 the exports of Raw Aluminium grew by 57.9%, from $49.8B to $78.6B. Trade in Raw Aluminium represent 0.37% of total world trade.

Raw Aluminium are a part of Aluminum articles. They include Aluminium unwrought, not alloyed and Aluminium unwrought, alloyed.

Exports In 2021 the top exporters of Raw Aluminium  were Canada ($8.31B), Russia ($7.42B), India ($7.18B), United Arab Emirates ($6.68B), and Malaysia ($4.84B).

Imports In 2021 the top importers of Raw Aluminium were United States ($11.6B), China ($6.21B), Japan ($6.18B), Germany ($5.65B), and Turkey ($4.92B).

Tariffs In 2018 the average tariff for Raw Aluminium was 3.33%, making it the 1116th lowest tariff using the HS4 product classification.

Ranking Raw Aluminium ranks 876th in the Product Complexity Index (PCI).

Description Unwrought aluminium is an unprocessed form of aluminium. It's used in the production of other goods, such as pots and pans.

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The following visualization shows the latest trends on Raw Aluminium. 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

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Exporters and Importers

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Trade By Country

Top Origin (2021): Canada, $8.31B

Top Destination (2021): United States, $11.6B

Raw Aluminium are the world's 41st most traded product.

In 2021, the top exporters of Raw Aluminium were Canada ($8.31B), Russia ($7.42B), India ($7.18B), United Arab Emirates ($6.68B), and Malaysia ($4.84B).

In 2021, the top importers of Raw Aluminium were United States ($11.6B), China ($6.21B), Japan ($6.18B), Germany ($5.65B), and Turkey ($4.92B).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): India, $3.28B

Top Destination Growth (2020 -  2021): United States, $4.79B

Between 2020 and 2021, the exports of Raw Aluminium grew the fastest in India ($3.28B), Russia ($2.94B), Canada ($2.83B), Malaysia ($2.41B), and United Arab Emirates ($2.26B).

Between 2020 and 2021, the fastest growing importers of Raw Aluminium were United States ($4.79B), China ($3.14B), Turkey ($2.88B), Japan ($2.8B), and Germany ($2.09B).

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Market Concentration

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Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.92. This means that most of the exports of Raw Aluminium are explained by 30 countries.

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TOP NET EXPORTER (2021): Canada, $7.82B

TOP NET IMPORTER (2021): United States, $10.5B

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

In 2021, the countries that had a largest trade value in exports than in imports of Raw Aluminium were Canada ($7.82B), Russia ($7.35B), India ($6.6B), United Arab Emirates ($6.57B), and Malaysia ($3.61B).

In 2021, the countries that had a largest trade value in imports than in exports of Raw Aluminium were United States ($10.5B), Japan ($6.08B), China ($5.69B), Turkey ($4.46B), and Germany ($4.28B).

Disaggregation

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Value

In 2021, the world most traded Raw Aluminium, disaggragated by their HS6 level were Aluminium unwrought, alloyed ($41.8B) and Aluminium unwrought, not alloyed ($36.8B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Raw Aluminium.
It is possible to select the main countries that export or import Raw Aluminium in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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