HS Icon Pure aluminium rectangular plate/sheet/strip, t >0.2m

760611 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.65B, Rnk 680 / 4726

Top Exporter (2018): $1.93B, China

Top Importer (2018): $416M, Germany

Product Complexity (2018): -0.26, Rnk 1748 / 2722

Export Growth (CAGR)(2017 - 2018): 35.5%, Rnk 609 / 4726

Mean Tariff (2018): 8.62%, Rnk 2660 / 6538

Share of World Trade (2018): 0.025%, Rnk 680 / 4726

Overview:  This page contains the latest trade data of Pure aluminium rectangular plate/sheet/strip, t >0.2m. In 2018, Pure aluminium rectangular plate/sheet/strip, t >0.2m were the world's 680th most traded product, with a total trade of $4.65B. Between 2017 and 2018 the exports of Pure aluminium rectangular plate/sheet/strip, t >0.2m grew by 35.5%, from  $3.43B to $4.65B. Trade in Pure aluminium rectangular plate/sheet/strip, t >0.2m represent 0.025% of total world trade.

Exports: In 2018 the top exporters of Pure aluminium rectangular plate/sheet/strip, t >0.2m  were China ($1.93B), United Kingdom ($403M), Turkey ($263M), Germany ($248M), and Norway ($243M).

Imports: In 2018 the top importers of Pure aluminium rectangular plate/sheet/strip, t >0.2m were Germany ($416M), South Korea ($393M), India ($312M), France ($249M), and United States ($229M).

Tariffs: In 2018 the average tariff for Pure aluminium rectangular plate/sheet/strip, t >0.2m was 8.62%, been the 2660 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Pure aluminium rectangular plate/sheet/strip, t >0.2m are Iran (32.5%), Malaysia (30%), Bermuda (25%), Cameroon (24.5%), and Gabon (24.5%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Pure aluminium rectangular plate/sheet/strip, t >0.2m ranks 1748th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.93B

Top Destination (2018): Germany, $416M

Pure aluminium rectangular plate/sheet/strip, t >0.2m are the world's 680th most traded product.

In 2018, the top exporters of Pure aluminium rectangular plate/sheet/strip, t >0.2m were China ($1.93B), United Kingdom ($403M), Turkey ($263M), Germany ($248M), and Norway ($243M).

In 2018, the top importers of Pure aluminium rectangular plate/sheet/strip, t >0.2m were Germany ($416M), South Korea ($393M), India ($312M), France ($249M), and United States ($229M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $979M

Top Destination Growth (2017 - 2018): South Korea, $213M

Between 2017 and 2018, the exports of Pure aluminium rectangular plate/sheet/strip, t >0.2m grew the fastest in China ($979M), United Kingdom ($152M), Indonesia ($79.9M), Croatia ($54.5M), and Turkey ($31.3M).

Between 2017 and 2018, the fastest growing importers of Pure aluminium rectangular plate/sheet/strip, t >0.2m were South Korea ($213M), India ($194M), Greece ($165M), Malaysia ($113M), and Germany ($102M).

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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 Pure aluminium rectangular plate/sheet/strip, t >0.2m.

In 2018,  market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Pure aluminium rectangular plate/sheet/strip, t >0.2m are explained by 12 countries.

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TOP NET EXPORTER (2018): China, $1.86B

TOP NET IMPORTER (2018): South Korea, $342M

This map shows which countries export or import more of Pure aluminium rectangular plate/sheet/strip, t >0.2m. Each country is colored based on the difference in exports and imports of Pure aluminium rectangular plate/sheet/strip, t >0.2m during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Pure aluminium rectangular plate/sheet/strip, t >0.2m were China ($1.86B), United Kingdom ($247M), Turkey ($236M), Norway ($226M), and Croatia ($48.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Pure aluminium rectangular plate/sheet/strip, t >0.2m were South Korea ($342M), India ($286M), France ($208M), Germany ($169M), and Greece ($153M).

Import Tariffs

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In 2018, the average tariff for importing Pure aluminium rectangular plate/sheet/strip, t >0.2m was 8.62%.  The countries with the highest tariffs for importing Pure aluminium rectangular plate/sheet/strip, t >0.2m were Iran (32.5%), Malaysia (30%), Bermuda (25%), Cameroon (24.5%), and Gabon (24.5%).

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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.