HS Icon Tin ores and concentrates

260900 (Harmonized System 1992 for 6-digit)

World Trade (2018): $575M, Rnk 2642 / 4726

Top Exporter (2018): $124M, Australia

Top Importer (2018): $388M, Malaysia

Export Growth (CAGR)(2017 - 2018): 22.4%, Rnk 1214 / 4726

Mean Tariff (2018): 2.11%, Rnk 6160 / 6538

Share of World Trade (2018): 0.0031%, Rnk 2642 / 4726

Overview:  This page contains the latest trade data of Tin ores and concentrates. In 2018, Tin ores and concentrates were the world's 2642nd most traded product, with a total trade of $575M. Between 2017 and 2018 the exports of Tin ores and concentrates grew by 22.4%, from  $470M to $575M. Trade in Tin ores and concentrates represent 0.0031% of total world trade.

Exports: In 2018 the top exporters of Tin ores and concentrates  were Australia ($124M), Nigeria ($122M), Republic of the Congo ($106M), Rwanda ($60.7M), and Democratic Republic of the Congo ($60.4M).

Imports: In 2018 the top importers of Tin ores and concentrates were Malaysia ($388M), Thailand ($138M), China ($29.6M), Chinese Taipei ($5.8M), and United Arab Emirates ($3.78M).

Tariffs: In 2018 the average tariff for Tin ores and concentrates was 2.11%, been the 6160 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Tin ores and concentrates are Bahamas (40.2%), Bermuda (25%), Aruba (12%), Panama (10%), and Nepal (9.89%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Australia, $124M

Top Destination (2018): Malaysia, $388M

Tin ores and concentrates are the world's 2642nd most traded product.

In 2018, the top exporters of Tin ores and concentrates were Australia ($124M), Nigeria ($122M), Republic of the Congo ($106M), Rwanda ($60.7M), and Democratic Republic of the Congo ($60.4M).

In 2018, the top importers of Tin ores and concentrates were Malaysia ($388M), Thailand ($138M), China ($29.6M), Chinese Taipei ($5.8M), and United Arab Emirates ($3.78M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Republic of the Congo, $57M

Top Destination Growth (2017 - 2018): Thailand, $97.3M

Between 2017 and 2018, the exports of Tin ores and concentrates grew the fastest in Republic of the Congo ($57M), Rwanda ($46.3M), Burma ($11.2M), Democratic Republic of the Congo ($4.43M), and Nigeria ($4.15M).

Between 2017 and 2018, the fastest growing importers of Tin ores and concentrates were Thailand ($97.3M), China ($18M), Chinese Taipei ($5.17M), United Arab Emirates ($2.77M), and Singapore ($1.32M).

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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 Tin ores and concentrates.

In 2018,  market concentration measured using Shannon Entropy, was 3.16. This means that most of the exports of Tin ores and concentrates are explained by 8 countries.

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TOP NET EXPORTER (2018): Australia, $124M

TOP NET IMPORTER (2018): Malaysia, $388M

This map shows which countries export or import more of Tin ores and concentrates. Each country is colored based on the difference in exports and imports of Tin ores and concentrates during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Tin ores and concentrates were Australia ($124M), Nigeria ($122M), Republic of the Congo ($106M), Rwanda ($60.7M), and Democratic Republic of the Congo ($60.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Tin ores and concentrates were Malaysia ($388M), Thailand ($137M), China ($28.7M), Chinese Taipei ($5.39M), and United Arab Emirates ($3.77M).

Trade Forecasts

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This section shows forecasts for total trade for Tin ores and concentrates. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Tin ores and concentrates was 2.11%.  The countries with the highest tariffs for importing Tin ores and concentrates were Bahamas (40.2%), Bermuda (25%), Aruba (12%), Panama (10%), and Nepal (9.89%).

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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.