HS Icon Aluminium Pipe Fittings

7609 (Harmonized System 1992 for 4-digit)

World Trade (2018): $999M, Rnk 911 / 1225

Top Exporter (2018): $241M, China

Top Importer (2018): $152M, United States

Product Complexity (2018): 0.43, Rnk 401 / 1018

Export Growth (CAGR)(2017 - 2018): 16.7%, Rnk 448 / 1225

Mean Tariff (2018): 6.24%, Rnk 675 / 1259

Share of World Trade (2018): 0.0054%, Rnk 911 / 1225

Overview:  This page contains the latest trade data of Aluminium Pipe Fittings. In 2018, Aluminium Pipe Fittings were the world's 911th most traded product, with a total trade of $999M. Between 2017 and 2018 the exports of Aluminium Pipe Fittings grew by 16.7%, from  $856M to $999M. Trade in Aluminium Pipe Fittings represent 0.0054% of total world trade.

Exports: In 2018 the top exporters of Aluminium Pipe Fittings  were China ($241M), United States ($193M), Germany ($110M), Italy ($51.4M), and United Kingdom ($35.4M).

Imports: In 2018 the top importers of Aluminium Pipe Fittings were United States ($152M), Mexico ($119M), Germany ($76.2M), Canada ($63.8M), and France ($57M).

Tariffs: In 2018 the average tariff for Aluminium Pipe Fittings was 6.24%, been the 675 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aluminium Pipe Fittings are Bahamas (40.2%), Bermuda (25%), Tanzania (23.6%), Rwanda (23.5%), and Uganda (23.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Aluminium Pipe Fittings ranks 401st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $241M

Top Destination (2018): United States, $152M

Aluminium Pipe Fittings are the world's 911th most traded product.

In 2018, the top exporters of Aluminium Pipe Fittings were China ($241M), United States ($193M), Germany ($110M), Italy ($51.4M), and United Kingdom ($35.4M).

In 2018, the top importers of Aluminium Pipe Fittings were United States ($152M), Mexico ($119M), Germany ($76.2M), Canada ($63.8M), and France ($57M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $46.3M

Top Destination Growth (2017 - 2018): Canada, $47.9M

Between 2017 and 2018, the exports of Aluminium Pipe Fittings grew the fastest in United States ($46.3M), China ($40.8M), Germany ($23.9M), United Kingdom ($16.3M), and Netherlands ($13.4M).

Between 2017 and 2018, the fastest growing importers of Aluminium Pipe Fittings were Canada ($47.9M), United States ($41.7M), United Kingdom ($22.8M), France ($19.1M), and Germany ($9M).

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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 Pipe Fittings.

In 2018,  market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Aluminium Pipe Fittings are explained by 16 countries.

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TOP NET EXPORTER (2018): China, $217M

TOP NET IMPORTER (2018): Mexico, $92.6M

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

In 2018, the countries that had a largest trade value in exports than in imports of Aluminium Pipe Fittings were China ($217M), United States ($41.1M), Italy ($34.7M), Germany ($33.5M), and South Korea ($13.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Aluminium Pipe Fittings were Mexico ($92.6M), Canada ($47M), France ($26.4M), Czechia ($24.4M), and United Kingdom ($21.6M).

Trade Forecasts

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This section shows forecasts for total trade for Aluminium Pipe Fittings. 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 Pipe Fittings was 6.24%.  The countries with the highest tariffs for importing Aluminium Pipe Fittings were Bahamas (40.2%), Bermuda (25%), Tanzania (23.6%), Rwanda (23.5%), and Uganda (23.5%).

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Product Complexity

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Diversification Frontier

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Filter

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.