HS Icon Portland cement, other than white cement

252329 (Harmonized System 1992 for 6-digit)

World Trade (2019): $6.34B, Rnk 508 / 4648

Top Exporter (2019): $520M, Vietnam

Top Importer (2019): $922M, United States

Product Complexity (2019): -1.54, Rnk 4444 / 4826

Export Growth (CAGR)(2018 - 2019): -5.33%, Rnk 2677 / 4648

Mean Tariff (2018): 8.89%, Rnk 2570 / 6538

Share of World Trade (2019): 0.035%, Rnk 508 / 4648

Overview:  This page contains the latest trade data of Portland cement, other than white cement. In 2019, Portland cement, other than white cement were the world's 508th most traded product, with a total trade of $6.34B. Between 2018 and 2019 the exports of Portland cement, other than white cement decreased by -5.33%, from  $6.69B to $6.34B. Trade in Portland cement, other than white cement represent 0.035% of total world trade.

Exports: In 2019 the top exporters of Portland cement, other than white cement  were Vietnam ($520M), Turkey ($435M), Canada ($402M), Germany ($301M), and Thailand ($294M).

Imports: In 2019 the top importers of Portland cement, other than white cement were United States ($922M), Philippines ($322M), France ($274M), United Kingdom ($230M), and Singapore ($167M).

Tariffs: In 2018 the average tariff for Portland cement, other than white cement was 8.89%, making it the 2570th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Portland cement, other than white cement are Lebanon (59.7%), Cyprus (40%), Vietnam (30.5%), Angola (30%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Indonesia (0%).

Ranking: Portland cement, other than white cement ranks 4444th in the Product Complexity Index (PCI).

Description: Portland cement is typically used to make concrete, as the binder for concrete, and as a raw material in the production of mortar, stucco, and plaster.

Exporters and Importers

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Trade By Country

Top Origin (2019): Vietnam, $520M

Top Destination (2019): United States, $922M

Portland cement, other than white cement are the world's 508th most traded product.

In 2019, the top exporters of Portland cement, other than white cement were Vietnam ($520M), Turkey ($435M), Canada ($402M), Germany ($301M), and Thailand ($294M).

In 2019, the top importers of Portland cement, other than white cement were United States ($922M), Philippines ($322M), France ($274M), United Kingdom ($230M), and Singapore ($167M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Turkey, $146M

Top Destination Growth (2018 - 2019): Libya, $79.3M

Between 2018 and 2019, the exports of Portland cement, other than white cement grew the fastest in Turkey ($146M), Vietnam ($116M), Guyana ($51M), Egypt ($41.8M), and Zambia ($35.1M).

Between 2018 and 2019, the fastest growing importers of Portland cement, other than white cement were Libya ($79.3M), Trinidad and Tobago ($58.8M), China ($54.2M), United States ($52.4M), and Philippines ($44.9M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Portland cement, other than white cement.

In 2019,  market concentration measured using Shannon Entropy, was 5.59. This means that most of the exports of Portland cement, other than white cement are explained by 48 countries.

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TOP NET EXPORTER (2019): Vietnam, $520M

TOP NET IMPORTER (2019): United States, $838M

This map shows which countries export or import more of Portland cement, other than white cement. Each country is colored based on the difference in exports and imports of Portland cement, other than white cement during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Portland cement, other than white cement were Vietnam ($520M), Turkey ($434M), Canada ($327M), Thailand ($236M), and Germany ($229M).

In 2019, the countries that had a largest trade value in imports than in exports of Portland cement, other than white cement were United States ($838M), Philippines ($320M), France ($224M), United Kingdom ($215M), and Singapore ($163M).

Import Tariffs

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In 2018, the average tariff for importing Portland cement, other than white cement was 8.89%.  The countries with the highest tariffs for importing Portland cement, other than white cement were Lebanon (59.7%), Cyprus (40%), Vietnam (30.5%), Angola (30%), and Uzbekistan (28.7%).

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Product Complexity

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Diversification Frontier

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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.