HS Icon Articles of aluminium, nes

761690 (Harmonized System 1992 for 6-digit)

World Trade (2018): $17.7B, Rnk 156 / 4726

Top Exporter (2018): $3.58B, China

Top Importer (2018): $2.95B, Germany

Export Growth (CAGR)(2017 - 2018): 31.7%, Rnk 733 / 4726

Mean Tariff (2018): 3.9%, Rnk 5071 / 6538

Share of World Trade (2018): 0.096%, Rnk 156 / 4726

Overview:  This page contains the latest trade data of Articles of aluminium, nes. In 2018, Articles of aluminium, nes were the world's 156th most traded product, with a total trade of $17.7B. Between 2017 and 2018 the exports of Articles of aluminium, nes grew by 31.7%, from  $13.4B to $17.7B. Trade in Articles of aluminium, nes represent 0.096% of total world trade.

Exports: In 2018 the top exporters of Articles of aluminium, nes  were China ($3.58B), Germany ($1.78B), Italy ($1.65B), United States ($1B), and Poland ($809M).

Imports: In 2018 the top importers of Articles of aluminium, nes were Germany ($2.95B), United States ($2.13B), France ($1.08B), China ($650M), and Mexico ($609M).

Tariffs: In 2018 the average tariff for Articles of aluminium, nes was 3.9%, been the 5071 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Articles of aluminium, nes are Austria (4.72%), Finland (4.1%), and Sweden (3.2%).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $3.58B

Top Destination (2018): Germany, $2.95B

Articles of aluminium, nes are the world's 156th most traded product.

In 2018, the top exporters of Articles of aluminium, nes were China ($3.58B), Germany ($1.78B), Italy ($1.65B), United States ($1B), and Poland ($809M).

In 2018, the top importers of Articles of aluminium, nes were Germany ($2.95B), United States ($2.13B), France ($1.08B), China ($650M), and Mexico ($609M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $537M

Top Destination Growth (2017 - 2018): Germany, $1.08B

Between 2017 and 2018, the exports of Articles of aluminium, nes grew the fastest in Italy ($537M), Germany ($420M), Austria ($383M), Poland ($352M), and China ($348M).

Between 2017 and 2018, the fastest growing importers of Articles of aluminium, nes were Germany ($1.08B), United States ($426M), China ($271M), United Kingdom ($211M), and Thailand ($193M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Articles of aluminium, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of Articles of aluminium, nes are explained by 23 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $2.92B

TOP NET IMPORTER (2018): Germany, $1.17B

This map shows which countries export or import more of Articles of aluminium, nes. Each country is colored based on the difference in exports and imports of Articles of aluminium, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Articles of aluminium, nes were China ($2.92B), Italy ($1.26B), Chinese Taipei ($394M), Malaysia ($345M), and Poland ($291M).

In 2018, the countries that had a largest trade value in imports than in exports of Articles of aluminium, nes were Germany ($1.17B), United States ($1.13B), France ($416M), United Kingdom ($401M), and Russia ($237M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Articles of aluminium, nes. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Articles of aluminium, nes was 3.9%.  The countries with the highest tariffs for importing Articles of aluminium, nes were Austria (4.72%), Finland (4.1%), and Sweden (3.2%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.