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).
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.
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).
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.
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).
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%).
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.