Overview: This page contains the latest trade data of Cement. In 2019, Cement were the world's 282nd most traded product, with a total trade of $12.1B. Between 2018 and 2019 the exports of Cement decreased by -2.53%, from $12.5B to $12.1B. Trade in Cement represent 0.067% of total world trade.
Exports: In 2019 the top exporters of Cement were Vietnam ($1.39B), Turkey ($993M), Thailand ($704M), Germany ($558M), and Canada ($534M).
Imports: In 2019 the top importers of Cement were United States ($1.27B), China ($918M), Bangladesh ($641M), Philippines ($512M), and France ($480M).
Tariffs: In 2018 the average tariff for Cement was 7.85%, making it the 555th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Cement are Cyprus (40%), Lebanon (38.2%), Sudan (28.4%), Vietnam (28.4%), and Uzbekistan (23.9%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Indonesia (0%).
Ranking: Cement ranks 878th in the Product Complexity Index (PCI).
Description: Cement is a material that is used to bind and harden other materials, such as sand and gravel, into a hard substance. It is typically used in the construction industry, for example in the building of roads, buildings, and bridges. Cement clinkers are the end product of the cement-making process. These are cement mixed with small pieces of coal or other fuel. They are used to generate heat in a furnace.