Aluminium unwrought, not alloyed760110 (Harmonized System 1992 for 6-digit)
World Trade (2018): $28.8B, Rnk 90 / 4726
Top Exporter (2018): $3.84B, Russia
Top Importer (2018): $4.27B, United States
Product Complexity (2018): -1.28, Rnk 2374 / 2722
Export Growth (CAGR)(2017 - 2018): 8.03%, Rnk 2954 / 4726
Mean Tariff (2018): 3.27%, Rnk 5547 / 6538
Share of World Trade (2018): 0.16%, Rnk 90 / 4726
Overview: This page contains the latest trade data of Aluminium unwrought, not alloyed. In 2018, Aluminium unwrought, not alloyed were the world's 90th most traded product, with a total trade of $28.8B. Between 2017 and 2018 the exports of Aluminium unwrought, not alloyed grew by 8.03%, from $26.6B to $28.8B. Trade in Aluminium unwrought, not alloyed represent 0.16% of total world trade.
Exports: In 2018 the top exporters of Aluminium unwrought, not alloyed were Russia ($3.84B), India ($3.51B), Canada ($3.36B), Australia ($2.65B), and Netherlands ($1.82B).
Imports: In 2018 the top importers of Aluminium unwrought, not alloyed were United States ($4.27B), Japan ($3.14B), Netherlands ($2.49B), South Korea ($1.93B), and Turkey ($1.59B).
Tariffs: In 2018 the average tariff for Aluminium unwrought, not alloyed was 3.27%, making it the 5547th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Aluminium unwrought, not alloyed are Bahamas (40.2%), Bermuda (25%), Tajikistan (13.1%), Romania (12.9%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Aluminium unwrought, not alloyed ranks 2374th in the Product Complexity Index (PCI).
Description: Aluminium is used in building construction, transportation, cooking utensils, electrical wiring, and a variety of other applications.
Trade By Country
Top Origin (2018): Russia, $3.84B
Top Destination (2018): United States, $4.27B
Aluminium unwrought, not alloyed are the world's 90th most traded product.
In 2018, the top exporters of Aluminium unwrought, not alloyed were Russia ($3.84B), India ($3.51B), Canada ($3.36B), Australia ($2.65B), and Netherlands ($1.82B).
In 2018, the top importers of Aluminium unwrought, not alloyed were United States ($4.27B), Japan ($3.14B), Netherlands ($2.49B), South Korea ($1.93B), and Turkey ($1.59B).
Trade by country
Top Origin Growth (2017 - 2018): India, $980M
Top Destination Growth (2017 - 2018): Netherlands, $1.15B
Between 2017 and 2018, the exports of Aluminium unwrought, not alloyed grew the fastest in India ($980M), Netherlands ($422M), Saudi Arabia ($418M), Australia ($357M), and South Africa ($256M).
Between 2017 and 2018, the fastest growing importers of Aluminium unwrought, not alloyed were Netherlands ($1.15B), Switzerland ($827M), Malaysia ($530M), Chinese Taipei ($479M), and Thailand ($259M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Aluminium unwrought, not alloyed.
In 2018, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Aluminium unwrought, not alloyed are explained by 19 countries.
TOP NET EXPORTER (2018): Russia, $3.74B
TOP NET IMPORTER (2018): United States, $4.1B
This map shows which countries export or import more of Aluminium unwrought, not alloyed. Each country is colored based on the difference in exports and imports of Aluminium unwrought, not alloyed during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Aluminium unwrought, not alloyed were Russia ($3.74B), India ($3.38B), Canada ($3.27B), Australia ($2.63B), and Iceland ($1.62B).
In 2018, the countries that had a largest trade value in imports than in exports of Aluminium unwrought, not alloyed were United States ($4.1B), Japan ($3.12B), South Korea ($1.92B), Turkey ($1.59B), and Germany ($1.27B).
In 2018, the average tariff for importing Aluminium unwrought, not alloyed was 3.27%. The countries with the highest tariffs for importing Aluminium unwrought, not alloyed were Bahamas (40.2%), Bermuda (25%), Tajikistan (13.1%), Romania (12.9%), 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.
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