Scrap AluminiumAluminium; waste and scrap
7602 (Harmonized System 1992 for 4-digit)
2021 World Trade: $19.6B, Rnk 218 / 1217
2021 Top Exporter | Top Importer: $3.56B | $2.94B, United States | India
2021 Product Complexity: -0.71, Rnk 763 / 1024
2020 - 2021 Export Growth (CAGR): 74.3%, Rnk 28 / 1217
2018 Mean Tariff: 2.76%, Rnk 1169 / 1259
2021 Share of World Trade: 0.093%, Rnk 218 / 1217
Overview This page contains the latest trade data of Scrap Aluminium. In 2021, Scrap Aluminium were the world's 218th most traded product, with a total trade of $19.6B. Between 2020 and 2021 the exports of Scrap Aluminium grew by 74.3%, from $11.2B to $19.6B. Trade in Scrap Aluminium represent 0.093% of total world trade.
Scrap Aluminium are a part of Aluminum articles. They include Waste or scrap, aluminium.
Exports In 2021 the top exporters of Scrap Aluminium were United States ($3.56B), Germany ($2.16B), Canada ($1.12B), United Kingdom ($933M), and France ($764M).
Imports In 2021 the top importers of Scrap Aluminium were India ($2.94B), South Korea ($1.76B), Germany ($1.43B), Malaysia ($1.33B), and United States ($1.2B).
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 763rd 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 (2021): United States, $3.56B
Top Destination (2021): India, $2.94B
Scrap Aluminium are the world's 218th most traded product.
In 2021, the top exporters of Scrap Aluminium were United States ($3.56B), Germany ($2.16B), Canada ($1.12B), United Kingdom ($933M), and France ($764M).
In 2021, the top importers of Scrap Aluminium were India ($2.94B), South Korea ($1.76B), Germany ($1.43B), Malaysia ($1.33B), and United States ($1.2B).
Trade by country
Top Origin Growth (2020 - 2021): United States, $1.46B
Top Destination Growth (2020 - 2021): India, $1.34B
Between 2020 and 2021, the exports of Scrap Aluminium grew the fastest in United States ($1.46B), Germany ($860M), Canada ($493M), United Kingdom ($430M), and France ($354M).
Between 2020 and 2021, the fastest growing importers of Scrap Aluminium were India ($1.34B), Hong Kong ($700M), Malaysia ($670M), South Korea ($630M), and United States ($542M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Scrap Aluminium.
In 2021, market concentration measured using Shannon Entropy, was 5.08. This means that most of the exports of Scrap Aluminium are explained by 33 countries.
TOP NET EXPORTER (2021): United States, $2.36B
TOP NET IMPORTER (2021): India, $2.91B
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 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Scrap Aluminium were United States ($2.36B), Canada ($945M), United Kingdom ($785M), Germany ($732M), and Australia ($576M).
In 2021, the countries that had a largest trade value in imports than in exports of Scrap Aluminium were India ($2.91B), South Korea ($1.71B), Malaysia ($1.22B), China ($977M), and Italy ($726M).
In 2021, the world most traded Scrap Aluminium, disaggragated by their HS6 level were Waste or scrap, aluminium ($19.6B)
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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