HS Icon Aluminium Housewares

7615 (Harmonized System 1992 for 4-digit)

World Trade (2018): $5.12B, Rnk 493 / 1225

Top Exporter (2018): $2.7B, China

Top Importer (2018): $1.08B, United States

Product Complexity (2018): -0.16, Rnk 601 / 1018

Export Growth (CAGR)(2017 - 2018): 4.69%, Rnk 979 / 1225

Mean Tariff (2018): 13.9%, Rnk 239 / 1259

Share of World Trade (2018): 0.028%, Rnk 493 / 1225

Overview:  This page contains the latest trade data of Aluminium Housewares. In 2018, Aluminium Housewares were the world's 493rd most traded product, with a total trade of $5.12B. Between 2017 and 2018 the exports of Aluminium Housewares grew by 4.69%, from  $4.89B to $5.12B. Trade in Aluminium Housewares represent 0.028% of total world trade.

Exports: In 2018 the top exporters of Aluminium Housewares  were China ($2.7B), Italy ($387M), France ($339M), Thailand ($178M), and Turkey ($168M).

Imports: In 2018 the top importers of Aluminium Housewares were United States ($1.08B), Japan ($372M), Germany ($324M), France ($202M), and United Kingdom ($179M).

Tariffs: In 2018 the average tariff for Aluminium Housewares was 13.9%, been the 239 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aluminium Housewares are Bahamas (41.3%), Iran (40%), Egypt (37.5%), Zimbabwe (36.5%), and Sudan (35%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Switzerland (0%), and North Macedonia (0%).

Ranking: Aluminium Housewares ranks 601st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $2.7B

Top Destination (2018): United States, $1.08B

Aluminium Housewares are the world's 493rd most traded product.

In 2018, the top exporters of Aluminium Housewares were China ($2.7B), Italy ($387M), France ($339M), Thailand ($178M), and Turkey ($168M).

In 2018, the top importers of Aluminium Housewares were United States ($1.08B), Japan ($372M), Germany ($324M), France ($202M), and United Kingdom ($179M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $140M

Top Destination Growth (2017 - 2018): Japan, $37M

Between 2017 and 2018, the exports of Aluminium Housewares grew the fastest in China ($140M), Turkey ($31.1M), Belgium-Luxembourg ($30.9M), Italy ($23.3M), and Vietnam ($18.2M).

Between 2017 and 2018, the fastest growing importers of Aluminium Housewares were Japan ($37M), United Kingdom ($30.4M), Poland ($28.9M), Netherlands ($28.5M), and France ($27.6M).

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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 Housewares.

In 2018,  market concentration measured using Shannon Entropy, was 3.18. This means that most of the exports of Aluminium Housewares are explained by 9 countries.

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TOP NET EXPORTER (2018): China, $2.66B

TOP NET IMPORTER (2018): United States, $1.03B

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

In 2018, the countries that had a largest trade value in exports than in imports of Aluminium Housewares were China ($2.66B), Italy ($246M), Thailand ($163M), Turkey ($155M), and France ($137M).

In 2018, the countries that had a largest trade value in imports than in exports of Aluminium Housewares were United States ($1.03B), Japan ($368M), Germany ($158M), United Kingdom ($151M), and Canada ($109M).

Trade Forecasts

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This section shows forecasts for total trade for Aluminium Housewares. 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 Housewares was 13.9%.  The countries with the highest tariffs for importing Aluminium Housewares were Bahamas (41.3%), Iran (40%), Egypt (37.5%), Zimbabwe (36.5%), and Sudan (35%).

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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.