Raw Aluminium7601 (Harmonized System 1992 for 4-digit)
2020 World Trade: $49.6B, Rnk 67 / 1217
2020 Top Exporter | Top Importer: $5.48B | $6.8B, Canada | United States
2020 Product Complexity: -1.23, Rnk 890 / 1028
2019 - 2020 Export Growth (CAGR): -4.65%, Rnk 509 / 1217
2018 Mean Tariff: 3.33%, Rnk 1116 / 1259
2020 Share of World Trade: 0.3%, Rnk 67 / 1217
Overview This page contains the latest trade data of Raw Aluminium. In 2020, Raw Aluminium were the world's 67th most traded product, with a total trade of $49.6B. Between 2019 and 2020 the exports of Raw Aluminium decreased by -4.65%, from $52B to $49.6B. Trade in Raw Aluminium represent 0.3% of total world trade.
Raw Aluminium are a part of Aluminum articles. They include Aluminium unwrought, not alloyed and Aluminium unwrought, alloyed.
Exports In 2020 the top exporters of Raw Aluminium were Canada ($5.48B), Russia ($4.47B), United Arab Emirates ($4.4B), India ($3.9B), and Norway ($2.58B).
Imports In 2020 the top importers of Raw Aluminium were United States ($6.8B), Netherlands ($3.92B), Germany ($3.59B), Japan ($3.37B), and China ($3.14B).
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 890th 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.
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.
Trade By Country
Top Origin (2020): Canada, $5.48B
Top Destination (2020): United States, $6.8B
Raw Aluminium are the world's 67th most traded product.
In 2020, the top exporters of Raw Aluminium were Canada ($5.48B), Russia ($4.47B), United Arab Emirates ($4.4B), India ($3.9B), and Norway ($2.58B).
In 2020, the top importers of Raw Aluminium were United States ($6.8B), Netherlands ($3.92B), Germany ($3.59B), Japan ($3.37B), and China ($3.14B).
Trade by country
Between 2019 and 2020, the exports of Raw Aluminium grew the fastest in Bahrain ($622M), Malaysia ($493M), Mozambique ($218M), South Korea ($158M), and Indonesia ($145M).
Between 2019 and 2020, the fastest growing importers of Raw Aluminium were China ($2.61B), Malaysia ($1.13B), Chinese Taipei ($421M), Turkey ($204M), and United Kingdom ($172M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Raw Aluminium.
In 2020, market concentration measured using Shannon Entropy, was 4.9. This means that most of the exports of Raw Aluminium are explained by 29 countries.
TOP NET EXPORTER (2020): Canada, $5.21B
TOP NET IMPORTER (2020): United States, $6.01B
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Raw Aluminium were Canada ($5.21B), Russia ($4.44B), United Arab Emirates ($4.36B), India ($3.48B), and Norway ($2.37B).
In 2020, the countries that had a largest trade value in imports than in exports of Raw Aluminium were United States ($6.01B), Japan ($3.31B), China ($2.65B), Germany ($2.56B), and Netherlands ($2.38B).
In 2020, the world most traded Raw Aluminium, disaggragated by their HS6 level were Aluminium unwrought, not alloyed ($25.8B) and Aluminium unwrought, alloyed ($23.8B)
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.
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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