Scrap Aluminium2020 World Trade: $11.2B, Rnk 283 / 1217
2020 Top Exporter | Top Importer: $2.1B | $1.59B, United States | India
2020 Product Complexity: -0.86, Rnk 796 / 1028
2019 - 2020 Export Growth (CAGR): -7.37%, Rnk 620 / 1217
2018 Mean Tariff: 2.76%, Rnk 1169 / 1259
2020 Share of World Trade: 0.067%, Rnk 283 / 1217
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 Aluminum articles.
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.
Ranking Scrap Aluminium ranks 796th in the Product Complexity Index (PCI).
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.
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).
Trade by country
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).
Cumulative market share
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.
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 world most traded Scrap Aluminium, disaggragated by their HS6 level were Waste or scrap, aluminium ($11.2B)
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.
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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