HS Icon Aluminium Oxide

2818 (Harmonized System 1992 for 4-digit)

World Trade (2019): $17.4B, Rnk 211 / 1217

Top Exporter (2019): $5.6B, Australia

Top Importer (2019): $2.12B, United Arab Emirates

Product Complexity (2019): -1.18, Rnk 821 / 961

Export Growth (CAGR)(2018 - 2019): -13.9%, Rnk 1057 / 1217

Mean Tariff (2018): 3.49%, Rnk 1080 / 1259

Share of World Trade (2019): 0.096%, Rnk 211 / 1217

Overview:  This page contains the latest trade data of Aluminium Oxide. In 2019, Aluminium Oxide were the world's 211th most traded product, with a total trade of $17.4B. Between 2018 and 2019 the exports of Aluminium Oxide decreased by -13.9%, from  $20.2B to $17.4B. Trade in Aluminium Oxide represent 0.096% of total world trade.

Exports: In 2019 the top exporters of Aluminium Oxide  were Australia ($5.6B), Brazil ($2.71B), China ($1.03B), Jamaica ($966M), and Germany ($772M).

Imports: In 2019 the top importers of Aluminium Oxide were United Arab Emirates ($2.12B), Russia ($1.79B), Canada ($1.42B), United States ($1.1B), and Norway ($965M).

Tariffs: In 2018 the average tariff for Aluminium Oxide was 3.49%, making it the 1080th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aluminium Oxide are Bahamas (40.7%), Bermuda (25%), Iran (18.4%), Maldives (14.7%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Aluminium Oxide ranks 821st in the Product Complexity Index (PCI).

Description: Artificial corundum is a synthetic gemstone with a hardness of 9 on the Mohs scale. It is used in jewellery, abrasives, and as a heat resistant coating. Aluminium oxide is an oxide of aluminium and is used in the production of glass, ceramics, and abrasives. Aluminium hydroxide is a hydroxide of aluminium and is used in the production of glass, ceramics, and abrasives.

Exporters and Importers

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Trade By Country

Top Origin (2019): Australia, $5.6B

Top Destination (2019): United Arab Emirates, $2.12B

Aluminium Oxide are the world's 211th most traded product.

In 2019, the top exporters of Aluminium Oxide were Australia ($5.6B), Brazil ($2.71B), China ($1.03B), Jamaica ($966M), and Germany ($772M).

In 2019, the top importers of Aluminium Oxide were United Arab Emirates ($2.12B), Russia ($1.79B), Canada ($1.42B), United States ($1.1B), and Norway ($965M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Ukraine, $101M

Top Destination Growth (2018 - 2019): United Arab Emirates, $317M

Between 2018 and 2019, the exports of Aluminium Oxide grew the fastest in Ukraine ($101M), Spain ($42.8M), Saudi Arabia ($28M), Guinea ($19.9M), and Venezuela ($16.2M).

Between 2018 and 2019, the fastest growing importers of Aluminium Oxide were United Arab Emirates ($317M), China ($179M), Tajikistan ($58.9M), Azerbaijan ($51M), and Russia ($48.8M).

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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 Oxide.

In 2019,  market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Aluminium Oxide are explained by 13 countries.

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TOP NET EXPORTER (2019): Australia, $5.58B

TOP NET IMPORTER (2019): United Arab Emirates, $2.12B

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

In 2019, the countries that had a largest trade value in exports than in imports of Aluminium Oxide were Australia ($5.58B), Brazil ($2.67B), Jamaica ($966M), Ireland ($676M), and Ukraine ($664M).

In 2019, the countries that had a largest trade value in imports than in exports of Aluminium Oxide were United Arab Emirates ($2.12B), Russia ($1.68B), Canada ($1.32B), Norway ($964M), and United States ($607M).

Disaggregation

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Value

In 2019, the world most traded Aluminium Oxide, disaggragated by their HS6 level were Aluminium oxide, except artificial corundum ($14.5B), Aluminium hydroxide ($1.59B), and Artificial corundum ($1.29B)

Import Tariffs

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In 2018, the average tariff for importing Aluminium Oxide was 3.49%.  The countries with the highest tariffs for importing Aluminium Oxide were Bahamas (40.7%), Bermuda (25%), Iran (18.4%), Maldives (14.7%), and Aruba (12%).

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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.