HS Icon Aluminium Pipes

7608 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.41B, Rnk 690 / 1225

Top Exporter (2018): $394M, China

Top Importer (2018): $288M, Mexico

Product Complexity (2018): 0.62, Rnk 325 / 1018

Export Growth (CAGR)(2017 - 2018): 8.63%, Rnk 840 / 1225

Mean Tariff (2018): 6.39%, Rnk 662 / 1259

Share of World Trade (2018): 0.013%, Rnk 690 / 1225

Overview:  This page contains the latest trade data of Aluminium Pipes. In 2018, Aluminium Pipes were the world's 690th most traded product, with a total trade of $2.41B. Between 2017 and 2018 the exports of Aluminium Pipes grew by 8.63%, from  $2.22B to $2.41B. Trade in Aluminium Pipes represent 0.013% of total world trade.

Exports: In 2018 the top exporters of Aluminium Pipes  were China ($394M), United States ($340M), Germany ($325M), Belgium-Luxembourg ($113M), and Italy ($108M).

Imports: In 2018 the top importers of Aluminium Pipes were Mexico ($288M), Germany ($258M), United States ($229M), France ($102M), and Canada ($97.6M).

Tariffs: In 2018 the average tariff for Aluminium Pipes was 6.39%, been the 662 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aluminium Pipes are Bahamas (41.8%), Malaysia (25%), Bermuda (25%), Tanzania (23.6%), and Rwanda (23.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Aluminium Pipes ranks 325th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $394M

Top Destination (2018): Mexico, $288M

Aluminium Pipes are the world's 690th most traded product.

In 2018, the top exporters of Aluminium Pipes were China ($394M), United States ($340M), Germany ($325M), Belgium-Luxembourg ($113M), and Italy ($108M).

In 2018, the top importers of Aluminium Pipes were Mexico ($288M), Germany ($258M), United States ($229M), France ($102M), and Canada ($97.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $79.5M

Top Destination Growth (2017 - 2018): Mexico, $38.8M

Between 2017 and 2018, the exports of Aluminium Pipes grew the fastest in China ($79.5M), Germany ($51.8M), Belgium-Luxembourg ($44.9M), South Africa ($29.8M), and United States ($28.7M).

Between 2017 and 2018, the fastest growing importers of Aluminium Pipes were Mexico ($38.8M), Netherlands ($30.8M), Japan ($17M), Vietnam ($16.6M), and Spain ($16M).

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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 Pipes.

In 2018,  market concentration measured using Shannon Entropy, was 4.46. This means that most of the exports of Aluminium Pipes are explained by 21 countries.

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TOP NET EXPORTER (2018): China, $330M

TOP NET IMPORTER (2018): Mexico, $230M

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

In 2018, the countries that had a largest trade value in exports than in imports of Aluminium Pipes were China ($330M), United States ($111M), South Africa ($86.3M), Denmark ($82.2M), and Belgium-Luxembourg ($71.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Aluminium Pipes were Mexico ($230M), France ($64.5M), Canada ($64M), India ($42.5M), and Netherlands ($38.1M).

Trade Forecasts

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This section shows forecasts for total trade for Aluminium Pipes. 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 Pipes was 6.39%.  The countries with the highest tariffs for importing Aluminium Pipes were Bahamas (41.8%), Malaysia (25%), Bermuda (25%), Tanzania (23.6%), and Rwanda (23.5%).

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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.