HS Icon Aluminium Plating

7606 (Harmonized System 1992 for 4-digit)

World Trade (2018): $36.4B, Rnk 101 / 1225

Top Exporter (2018): $7.15B, China

Top Importer (2018): $4.14B, United States

Product Complexity (2018): 0.53, Rnk 358 / 1018

Export Growth (CAGR)(2017 - 2018): 24%, Rnk 248 / 1225

Mean Tariff (2018): 7.58%, Rnk 578 / 1259

Share of World Trade (2018): 0.2%, Rnk 101 / 1225

Overview: In 2018, Aluminium Plating were the world's 101st most traded product, with a total trade of $36.4B. Between 2017 and 2018 the exports of Aluminium Plating grew by 24%, from  $29.4B to $36.4B. Trade in Aluminium Plating represent 0.2% of total world trade.

Exports: In 2018 the top exporters of Aluminium Plating  were China ($7.15B), Germany ($5.81B), United States ($3.56B), France ($1.91B), and South Korea ($1.67B).

Imports: In 2018 the top importers of Aluminium Plating were United States ($4.14B), Germany ($3.53B), United Kingdom ($2.21B), Mexico ($2.1B), and Canada ($1.75B).

Tariffs: In 2018 the average tariff for Aluminium Plating was 7.58%, been the 578 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aluminium Plating are Malaysia (30%), Bahamas (28.3%), Cameroon (25.5%), Gabon (25.5%), and Chad (25.5%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Aluminium Plating ranks 358th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $7.15B

Top Destination (2018): United States, $4.14B

Aluminium Plating are the world's 101st most traded product.

In 2018, the top exporters of Aluminium Plating were China ($7.15B), Germany ($5.81B), United States ($3.56B), France ($1.91B), and South Korea ($1.67B).

In 2018, the top importers of Aluminium Plating were United States ($4.14B), Germany ($3.53B), United Kingdom ($2.21B), Mexico ($2.1B), and Canada ($1.75B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $1.94B

Top Destination Growth (2017 - 2018): United States, $713M

Between 2017 and 2018, the exports of Aluminium Plating grew the fastest in China ($1.94B), Germany ($850M), Saudi Arabia ($508M), France ($408M), and Belgium-Luxembourg ($326M).

Between 2017 and 2018, the fastest growing importers of Aluminium Plating were United States ($713M), Mexico ($458M), Spain ($366M), France ($318M), and Poland ($304M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Aluminium Plating.

In 2018,  market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Aluminium Plating are explained by 20 countries.

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TOP NET EXPORTER (2018): China, $6.06B

TOP NET IMPORTER (2018): Mexico, $2.06B

This map shows which countries export or import more of Aluminium Plating. Each country is colored based on the difference in exports and imports of Aluminium Plating during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Aluminium Plating were China ($6.06B), Germany ($2.28B), Greece ($541M), Norway ($517M), and Switzerland ($410M).

In 2018, the countries that had a largest trade value in imports than in exports of Aluminium Plating were Mexico ($2.06B), United Kingdom ($1.51B), Canada ($1.19B), Poland ($881M), and Vietnam ($782M).

Trade Forecasts

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This section shows forecasts for total trade for Aluminium Plating. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Aluminium Plating was 7.58%.  The countries with the highest tariffs for importing Aluminium Plating were Malaysia (30%), Bahamas (28.3%), Cameroon (25.5%), Gabon (25.5%), and Chad (25.5%).

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Product Complexity

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Diversification Frontier

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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.