HS Icon Aluminium unwrought, alloyed

760120 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Aluminium unwrought, alloyed. In 2019, Aluminium unwrought, alloyed were the world's 89th most traded product, with a total trade of $27.7B. Between 2018 and 2019 the exports of Aluminium unwrought, alloyed decreased by -15.5%, from $32.8B to $27.7B. Trade in Aluminium unwrought, alloyed represent 0.15% of total world trade.

Aluminium unwrought, alloyed are a part of Raw Aluminium.

Exports In 2019 the top exporters of Aluminium unwrought, alloyed  were United Arab Emirates ($3.94B), Norway ($2.8B), Canada ($2.45B), Russia ($1.59B), and Bahrain ($1.24B).

Imports In 2019 the top importers of Aluminium unwrought, alloyed were United States ($4.71B), Germany ($3.36B), Japan ($1.96B), Italy ($1.41B), and Netherlands ($1.2B).

Tariffs In 2018 the average tariff for Aluminium unwrought, alloyed was 3.41%, making it the 5545th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Aluminium unwrought, alloyed are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Bhutan (19.6%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking Aluminium unwrought, alloyed ranks 3659th in the Product Complexity Index (PCI).

Description Aluminium is used in a large number of applications including the production of aircraft, automobiles, and construction.

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Aluminium unwrought, alloyed. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using October 2021 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): United Arab Emirates, $3.94B

Top Destination (2019): United States, $4.71B

Aluminium unwrought, alloyed are the world's 89th most traded product.

In 2019, the top exporters of Aluminium unwrought, alloyed were United Arab Emirates ($3.94B), Norway ($2.8B), Canada ($2.45B), Russia ($1.59B), and Bahrain ($1.24B).

In 2019, the top importers of Aluminium unwrought, alloyed were United States ($4.71B), Germany ($3.36B), Japan ($1.96B), Italy ($1.41B), and Netherlands ($1.2B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Bahrain, $127M

Top Destination Growth (2018 - 2019): China, $215M

Between 2018 and 2019, the exports of Aluminium unwrought, alloyed grew the fastest in Bahrain ($127M), Turkey ($51.6M), France ($17.4M), South Africa ($16.6M), and Hong Kong ($15.2M).

Between 2018 and 2019, the fastest growing importers of Aluminium unwrought, alloyed were China ($215M), Bosnia and Herzegovina ($41.2M), South Korea ($27M), Spain ($25.6M), and Egypt ($24.4M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Aluminium unwrought, alloyed.

In 2019,  market concentration measured using Shannon Entropy, was 4.83. This means that most of the exports of Aluminium unwrought, alloyed are explained by 28 countries.

Explore Visualizations

TOP NET EXPORTER (2019): United Arab Emirates, $3.93B

TOP NET IMPORTER (2019): United States, $3.86B

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

In 2019, the countries that had a largest trade value in exports than in imports of Aluminium unwrought, alloyed were United Arab Emirates ($3.93B), Norway ($2.78B), Canada ($2.08B), Russia ($1.58B), and Bahrain ($1.22B).

In 2019, the countries that had a largest trade value in imports than in exports of Aluminium unwrought, alloyed were United States ($3.86B), Germany ($2.46B), Japan ($1.91B), Mexico ($1.14B), and Italy ($829M).

Country Comparison

#permalink to section
Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Aluminium unwrought, alloyed.
It is possible to select the main countries that export or import Aluminium unwrought, alloyed in the world, or by continent, as well as select the measure of interest.

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Aluminium unwrought, alloyed was 3.41%. The countries with the highest tariffs for importing Aluminium unwrought, alloyed were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Bhutan (19.6%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.