HS Icon Aluminium Structures

7610 (Harmonized System 1992 for 4-digit)

World Trade (2018): $13.5B, Rnk 268 / 1225

Top Exporter (2018): $3.45B, China

Top Importer (2018): $1.71B, United States

Product Complexity (2018): 0.47, Rnk 385 / 1018

Export Growth (CAGR)(2017 - 2018): 27.1%, Rnk 202 / 1225

Mean Tariff (2018): 9.93%, Rnk 431 / 1259

Share of World Trade (2018): 0.074%, Rnk 268 / 1225

Overview: In 2018, Aluminium Structures were the world's 268th most traded product, with a total trade of $13.5B. Between 2017 and 2018 the exports of Aluminium Structures grew by 27.1%, from  $10.6B to $13.5B. Trade in Aluminium Structures represent 0.074% of total world trade.

Exports: In 2018 the top exporters of Aluminium Structures  were China ($3.45B), Germany ($1.62B), Italy ($716M), Canada ($625M), and Poland ($592M).

Imports: In 2018 the top importers of Aluminium Structures were United States ($1.71B), Germany ($1.17B), France ($987M), Japan ($983M), and United Kingdom ($874M).

Tariffs: In 2018 the average tariff for Aluminium Structures was 9.93%, been the 431 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aluminium Structures are Angola (50%), Syria (46%), Egypt (45%), Sudan (35%), and Fiji (31.1%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Ukraine (0%).

Ranking: Aluminium Structures ranks 385th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $3.45B

Top Destination (2018): United States, $1.71B

Aluminium Structures are the world's 268th most traded product.

In 2018, the top exporters of Aluminium Structures were China ($3.45B), Germany ($1.62B), Italy ($716M), Canada ($625M), and Poland ($592M).

In 2018, the top importers of Aluminium Structures were United States ($1.71B), Germany ($1.17B), France ($987M), Japan ($983M), and United Kingdom ($874M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $835M

Top Destination Growth (2017 - 2018): Australia, $371M

Between 2017 and 2018, the exports of Aluminium Structures grew the fastest in China ($835M), Germany ($299M), Poland ($242M), Italy ($174M), and Austria ($135M).

Between 2017 and 2018, the fastest growing importers of Aluminium Structures were Australia ($371M), France ($338M), Germany ($292M), United States ($285M), and United Kingdom ($281M).

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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 Structures.

In 2018,  market concentration measured using Shannon Entropy, was 4.5. This means that most of the exports of Aluminium Structures are explained by 22 countries.

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TOP NET EXPORTER (2018): China, $3.34B

TOP NET IMPORTER (2018): United States, $1.2B

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

In 2018, the countries that had a largest trade value in exports than in imports of Aluminium Structures were China ($3.34B), Italy ($517M), Germany ($450M), Poland ($418M), and Thailand ($360M).

In 2018, the countries that had a largest trade value in imports than in exports of Aluminium Structures were United States ($1.2B), Japan ($955M), France ($753M), United Kingdom ($697M), and Australia ($527M).

Trade Forecasts

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This section shows forecasts for total trade for Aluminium Structures. 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 Structures was 9.93%.  The countries with the highest tariffs for importing Aluminium Structures were Angola (50%), Syria (46%), Egypt (45%), Sudan (35%), and Fiji (31.1%).

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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.