Aluminium Oxide2818 (Harmonized System 1992 for 4-digit)
World Trade (2018): $19.5B, Rnk 190 / 1225
Top Exporter (2018): $6.66B, Australia
Top Importer (2018): $1.78B, United Arab Emirates
Product Complexity (2018): -1.11, Rnk 844 / 1018
Export Growth (CAGR)(2017 - 2018): 33.9%, Rnk 140 / 1225
Mean Tariff (2018): 3.49%, Rnk 1080 / 1259
Share of World Trade (2018): 0.11%, Rnk 190 / 1225
Overview: This page contains the latest trade data of Aluminium Oxide. In 2018, Aluminium Oxide were the world's 190th most traded product, with a total trade of $19.5B. Between 2017 and 2018 the exports of Aluminium Oxide grew by 33.9%, from $14.6B to $19.5B. Trade in Aluminium Oxide represent 0.11% of total world trade.
Exports: In 2018 the top exporters of Aluminium Oxide were Australia ($6.66B), Brazil ($2.86B), China ($1.62B), Germany ($869M), and Ireland ($866M).
Imports: In 2018 the top importers of Aluminium Oxide were United Arab Emirates ($1.78B), Canada ($1.78B), Russia ($1.77B), India ($1.31B), and United States ($1.2B).
Tariffs: In 2018 the average tariff for Aluminium Oxide was 3.49%, been the 1080 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 844th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Australia, $6.66B
Top Destination (2018): United Arab Emirates, $1.78B
Aluminium Oxide are the world's 190th most traded product.
In 2018, the top exporters of Aluminium Oxide were Australia ($6.66B), Brazil ($2.86B), China ($1.62B), Germany ($869M), and Ireland ($866M).
In 2018, the top importers of Aluminium Oxide were United Arab Emirates ($1.78B), Canada ($1.78B), Russia ($1.77B), India ($1.31B), and United States ($1.2B).
Trade by country
Top Origin Growth (2017 - 2018): Australia, $2.61B
Top Destination Growth (2017 - 2018): United Arab Emirates, $1.31B
Between 2017 and 2018, the exports of Aluminium Oxide grew the fastest in Australia ($2.61B), China ($798M), Ireland ($203M), India ($198M), and Vietnam ($156M).
Between 2017 and 2018, the fastest growing importers of Aluminium Oxide were United Arab Emirates ($1.31B), Bahrain ($761M), India ($516M), Russia ($362M), and United States ($353M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Aluminium Oxide.
In 2018, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Aluminium Oxide are explained by 12 countries.
TOP NET EXPORTER (2018): Australia, $6.65B
TOP NET IMPORTER (2018): United Arab Emirates, $1.78B
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Aluminium Oxide were Australia ($6.65B), Brazil ($2.81B), China ($1.19B), Ireland ($860M), and Jamaica ($688M).
In 2018, the countries that had a largest trade value in imports than in exports of Aluminium Oxide were United Arab Emirates ($1.78B), Canada ($1.67B), Russia ($1.66B), Norway ($875M), and Bahrain ($773M).
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.
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