HS Icon Scrap Aluminium

7602 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Scrap Aluminium. In 2020, Scrap Aluminium were the world's 283rd most traded product, with a total trade of $11.2B. Between 2019 and 2020 the exports of Scrap Aluminium decreased by -7.37%, from $12.1B to $11.2B. Trade in Scrap Aluminium represent 0.067% of total world trade.

Scrap Aluminium are a part of Aluminium and articles thereof. They include Waste or scrap, aluminium.

Exports In 2020 the top exporters of Scrap Aluminium  were United States ($2.1B), Germany ($1.3B), Canada ($627M), United Kingdom ($503M), and Netherlands ($480M).

Imports In 2020 the top importers of Scrap Aluminium were India ($1.59B), South Korea ($1.13B), Germany ($1.02B), China ($764M), and United States ($662M).

Tariffs In 2018 the average tariff for Scrap Aluminium was 2.76%, making it the 1169th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Scrap 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 Scrap Aluminium ranks 796th in the Product Complexity Index (PCI).

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Scrap 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): United States, $2.1B

Top Destination (2020): India, $1.59B

Scrap Aluminium are the world's 283rd most traded product.

In 2020, the top exporters of Scrap Aluminium were United States ($2.1B), Germany ($1.3B), Canada ($627M), United Kingdom ($503M), and Netherlands ($480M).

In 2020, the top importers of Scrap Aluminium were India ($1.59B), South Korea ($1.13B), Germany ($1.02B), China ($764M), and United States ($662M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Netherlands, $46M

Top Destination Growth (2019 - 2020): Malaysia, $204M

Between 2019 and 2020, the exports of Scrap Aluminium grew the fastest in Netherlands ($46M), Brazil ($24.5M), Malaysia ($23.8M), Cambodia ($16.6M), and Libya ($10.9M).

Between 2019 and 2020, the fastest growing importers of Scrap Aluminium were Malaysia ($204M), Thailand ($106M), South Korea ($88.1M), Turkey ($52M), and Greece ($29.6M).

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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 Scrap Aluminium.

In 2020,  market concentration measured using Shannon Entropy, was 5.01. This means that most of the exports of Scrap Aluminium are explained by 32 countries.

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TOP NET EXPORTER (2020): United States, $1.44B

TOP NET IMPORTER (2020): India, $1.58B

This map shows which countries export or import more of Scrap Aluminium. Each country is colored based on the difference in exports and imports of Scrap Aluminium during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Scrap Aluminium were United States ($1.44B), Canada ($511M), United Kingdom ($392M), Australia ($331M), and Germany ($280M).

In 2020, the countries that had a largest trade value in imports than in exports of Scrap Aluminium were India ($1.58B), South Korea ($1.09B), China ($746M), Malaysia ($551M), and Italy ($467M).

Disaggregation

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Value

In 2020, the world most traded Scrap Aluminium, disaggragated by their HS6 level were Waste or scrap, aluminium ($11.2B)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Scrap Aluminium.
It is possible to select the main countries that export or import Scrap 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 Scrap Aluminium to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.