HS Icon Cement Articles

6810 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $9.99B, Rnk 321 / 1217

2019
Top Exporter | Top Importer
: $2.62B | $2.16B, China | United States

2019
Product Complexity
: 0.25, Rnk 447 / 961

2018 - 2019
Export Growth (CAGR)
: 0.98%, Rnk 329 / 1217

2018
Mean Tariff
: 11%, Rnk 369 / 1259

 2019
Share of World Trade
: 0.055%, Rnk 321 / 1217

Overview:  This page contains the latest trade data of Cement Articles. In 2019, Cement Articles were the world's 321st most traded product, with a total trade of $9.99B. Between 2018 and 2019 the exports of Cement Articles grew by 0.98%, from  $9.9B to $9.99B. Trade in Cement Articles represent 0.055% of total world trade.

Exports: In 2019 the top exporters of Cement Articles  were China ($2.62B), Germany ($981M), Spain ($725M), Malaysia ($502M), and Belgium ($363M).

Imports: In 2019 the top importers of Cement Articles were United States ($2.16B), Netherlands ($605M), Singapore ($521M), United Kingdom ($520M), and France ($504M).

Tariffs: In 2018 the average tariff for Cement Articles was 11%, making it the 369th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Cement Articles are Angola (50%), Bahamas (40.2%), Sudan (35%), Ethiopia (34.7%), and Vietnam (32.8%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Japan (0%), Maldives (0%), and Singapore (0%).

Ranking: Cement Articles ranks 447th in the Product Complexity Index (PCI).

Description: Cement, concrete and artificial stone are used to make building materials. They can be made from a variety of materials, including clay, sand, gravel, limestone, gypsum and cement.

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $2.62B

Top Destination (2019): United States, $2.16B

Cement Articles are the world's 321st most traded product.

In 2019, the top exporters of Cement Articles were China ($2.62B), Germany ($981M), Spain ($725M), Malaysia ($502M), and Belgium ($363M).

In 2019, the top importers of Cement Articles were United States ($2.16B), Netherlands ($605M), Singapore ($521M), United Kingdom ($520M), and France ($504M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Malaysia, $144M

Top Destination Growth (2018 - 2019): Malaysia, $132M

Between 2018 and 2019, the exports of Cement Articles grew the fastest in Malaysia ($144M), India ($138M), Vietnam ($124M), Turkey ($53.1M), and Chinese Taipei ($34.9M).

Between 2018 and 2019, the fastest growing importers of Cement Articles were Malaysia ($132M), Singapore ($111M), Netherlands ($71.9M), Vietnam ($48.6M), and Indonesia ($34.3M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Cement Articles.

In 2019,  market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Cement Articles are explained by 21 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $2.56B

TOP NET IMPORTER (2019): United States, $1.94B

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

In 2019, the countries that had a largest trade value in exports than in imports of Cement Articles were China ($2.56B), Spain ($649M), Germany ($488M), Malaysia ($288M), and Vietnam ($270M).

In 2019, the countries that had a largest trade value in imports than in exports of Cement Articles were United States ($1.94B), Singapore ($513M), United Kingdom ($436M), France ($412M), and Australia ($330M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Cement Articles, disaggragated by their HS6 level were Articles of cement, concrete or artificial... ($5.23B), Prefabricated structural items of cement or... ($2.43B), Tiles & flagstones of cement, concrete,... ($1.59B), and Building blocks, bricks of cement, or... ($748M)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Cement Articles was 11%.  The countries with the highest tariffs for importing Cement Articles were Angola (50%), Bahamas (40.2%), Sudan (35%), Ethiopia (34.7%), and Vietnam (32.8%).

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.