HS Icon Aluminium Foil

7607 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Aluminium Foil. In 2019, Aluminium Foil were the world's 275th most traded product, with a total trade of $12.7B. Between 2018 and 2019 the exports of Aluminium Foil decreased by -5.86%, from $13.5B to $12.7B. Trade in Aluminium Foil represent 0.07% of total world trade.

Exports: In 2019 the top exporters of Aluminium Foil  were China ($3.92B), Germany ($1.6B), Japan ($585M), Italy ($554M), and United States ($543M).

Imports: In 2019 the top importers of Aluminium Foil were United States ($1.27B), Germany ($851M), India ($604M), Mexico ($521M), and France ($505M).

Tariffs: In 2018 the average tariff for Aluminium Foil was 6.75%, making it the 633rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aluminium Foil are Malaysia (27.5%), Bahamas (27.1%), Bermuda (25%), Iran (16%), and Pakistan (15.7%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Singapore (0%), and Switzerland (0%).

Ranking: Aluminium Foil ranks 377th in the Product Complexity Index (PCI).

Description: Aluminium foil is a thin sheet of aluminium that has been coated with a thin layer of another material. It's used to wrap food, as well as other products.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $3.92B

Top Destination (2019): United States, $1.27B

Aluminium Foil are the world's 275th most traded product.

In 2019, the top exporters of Aluminium Foil were China ($3.92B), Germany ($1.6B), Japan ($585M), Italy ($554M), and United States ($543M).

In 2019, the top importers of Aluminium Foil were United States ($1.27B), Germany ($851M), India ($604M), Mexico ($521M), and France ($505M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Argentina, $46.3M

Top Destination Growth (2018 - 2019): China, $41.5M

Between 2018 and 2019, the exports of Aluminium Foil grew the fastest in Argentina ($46.3M), Oman ($26.7M), Philippines ($24.6M), United Kingdom ($24.1M), and India ($19.4M).

Between 2018 and 2019, the fastest growing importers of Aluminium Foil were China ($41.5M), Chile ($40.6M), Japan ($29.1M), India ($17.9M), and Croatia ($5.64M).

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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 Foil.

In 2019,  market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Aluminium Foil are explained by 18 countries.

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TOP NET EXPORTER (2019): China, $3.47B

TOP NET IMPORTER (2019): United States, $726M

This map shows which countries export or import more of Aluminium Foil. Each country is colored based on the difference in exports and imports of Aluminium Foil during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Aluminium Foil were China ($3.47B), Germany ($745M), Austria ($346M), Greece ($279M), and Turkey ($211M).

In 2019, the countries that had a largest trade value in imports than in exports of Aluminium Foil were United States ($726M), Mexico ($512M), India ($493M), United Kingdom ($372M), and Poland ($254M).

Disaggregation

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Value

In 2019, the world most traded Aluminium Foil, disaggragated by their HS6 level were Foil, aluminium, not backed, rolled but... ($5.99B), Foil, aluminium, backed, < 0.2mm thick... ($3.49B), and Foil, aluminium, not backed and <... ($3.2B)

Import Tariffs

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In 2018, the average tariff for importing Aluminium Foil was 6.75%. The countries with the highest tariffs for importing Aluminium Foil were Malaysia (27.5%), Bahamas (27.1%), Bermuda (25%), Iran (16%), and Pakistan (15.7%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Aluminium Foil to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.