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Tin; bars, rods, profiles and wire

8003 (Harmonized System 1992 for 4-digit)

2022
World Trade $641MRnk 1015 / 1218
2022
Top Exporter | Top Importer $69.2M | $59.2MUnited States | Vietnam
2022
Product Complexity 0.92Rnk 199 / 1033
2021 - 2022
Export Growth (CAGR) 3.68%Rnk 679 / 1218
2022
Share of World Trade 0.0027%Rnk 1015 / 1218

About

Overview This page contains the latest trade data of Tin Bars. In 2022, Tin Bars were the world's 1015th most traded product, with a total trade of $641M. Between 2021 and 2022 the exports of Tin Bars grew by 3.68%, from $618M to $641M. Trade in Tin Bars represent 0.0027% of total world trade.

Tin Bars are a part of Tin articles. They include Tin bars, rods, profiles and wire.

Exports In 2022 the top exporters of Tin Bars  were United States ($69.2M), Thailand ($62.7M), China ($57.3M), Chinese Taipei ($54.2M), and Germany ($48.7M).

Imports In 2022 the top importers of Tin Bars were Vietnam ($59.2M), United States ($49.6M), Mexico ($49.3M), China ($48.7M), and Hong Kong ($34.1M).

Ranking Tin Bars ranks 199th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tin Bars. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$69.2M
Top Destination (2022)Vietnam$59.2M

In 2022 Tin Bars were the world's 1015th most traded product (out of 1,218).

In 2022, the top exporters of Tin Bars were United States ($69.2M), Thailand ($62.7M), China ($57.3M), Chinese Taipei ($54.2M), and Germany ($48.7M).

In 2022, the top importers of Tin Bars were Vietnam ($59.2M), United States ($49.6M), Mexico ($49.3M), China ($48.7M), and Hong Kong ($34.1M).

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Exporters of Tin Bars (2022)
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Importers of Tin Bars (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$16.8M
Top Destination Growth (2021 -  2022)Vietnam$25.9M

Between 2021 and 2022, the exports of Tin Bars grew the fastest in China ($16.8M), Indonesia ($12.4M), Thailand ($10.2M), Chinese Taipei ($8.13M), and Malaysia ($7.86M).

Between 2021 and 2022, the fastest growing importers of Tin Bars were Vietnam ($25.9M), South Korea ($10.9M), Thailand ($10.4M), Hong Kong ($9.11M), and Mexico ($8.29M).

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Exporters of Tin Bars (2021 - 2022)

Importers of Tin Bars (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tin Bars.

In 2022, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Tin Bars are explained by 21 countries.

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Value of Exports in Tin Bars

Net Trade

TOP NET EXPORTER (2022)Thailand$36M
TOP NET IMPORTER (2022)Vietnam$58.4M

This map shows which countries export or import more of Tin Bars. Each country is colored based on the difference in exports and imports of Tin Bars during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tin Bars were Thailand ($36M), Germany ($34.7M), Chinese Taipei ($33.6M), Malaysia ($28.4M), and Japan ($27.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Tin Bars were Vietnam ($58.4M), Mexico ($24.2M), Hong Kong ($23.3M), United Kingdom ($17.6M), and Philippines ($16.5M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Tin Bars.
It is possible to select the main countries that export or import Tin Bars in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tin Bars by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $852k
TOP IMPORT POTENTIALChina+ $1.05M

Tin Bars’s highest export potential is China. With an export gap of $852k.  Tin Bars’s highest import potential is China with an import gap of $1.05M.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

Country by Relatedness

The following visualization shows the relatedness of Tin Bars to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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