HS Icon Raw Aluminium

7601 (Harmonized System 1992 for 4-digit)

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 Aluminium and articles thereof. They include Aluminium unwrought, not alloyedand 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.

The countries with the highest import tariffs for Raw Aluminium are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Bhutan (19.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

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.

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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 (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).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Bahrain, $622M

Top Destination Growth (2019 - 2020): China, $2.61B

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).

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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 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.

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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).

Disaggregation

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Value

In 2019, the world most traded Raw Aluminium, disaggragated by their HS6 level were Aluminium unwrought, not alloyed ($25.8B)and Aluminium unwrought, alloyed ($23.8B)

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.

Import Tariffs

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In 2018, the average tariff for importing Raw Aluminium was 3.33%. The countries with the highest tariffs for importing Raw Aluminium were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Bhutan (19.6%).

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.