HS Icon Tin Ores

2609 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $617M, Rnk 990 / 1217

2019
Top Exporter | Top Importer
: $129M | $365M, Australia | Malaysia

2018 - 2019
Export Growth (CAGR)
: 0.33%, Rnk 367 / 1217

2018
Mean Tariff
: 2.11%, Rnk 1223 / 1259

 2019
Share of World Trade
: 0.0034%, Rnk 990 / 1217

Overview:  This page contains the latest trade data of Tin Ores. In 2019, Tin Ores were the world's 990th most traded product, with a total trade of $617M. Between 2018 and 2019 the exports of Tin Ores grew by 0.33%, from  $615M to $617M. Trade in Tin Ores represent 0.0034% of total world trade.

Exports: In 2019 the top exporters of Tin Ores  were Australia ($129M), Nigeria ($113M), Rwanda ($71.2M), Republic of the Congo ($49.9M), and Tanzania ($39.4M).

Imports: In 2019 the top importers of Tin Ores were Malaysia ($365M), Thailand ($106M), China ($80.6M), United Arab Emirates ($18.2M), and Vietnam ($12.2M).

Tariffs: In 2018 the average tariff for Tin Ores was 2.11%, making it the 1223rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Tin Ores 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 (2019): Australia, $129M

Top Destination (2019): Malaysia, $365M

Tin Ores are the world's 990th most traded product.

In 2019, the top exporters of Tin Ores were Australia ($129M), Nigeria ($113M), Rwanda ($71.2M), Republic of the Congo ($49.9M), and Tanzania ($39.4M).

In 2019, the top importers of Tin Ores were Malaysia ($365M), Thailand ($106M), China ($80.6M), United Arab Emirates ($18.2M), and Vietnam ($12.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Tanzania, $39.4M

Top Destination Growth (2018 - 2019): China, $51.5M

Between 2018 and 2019, the exports of Tin Ores grew the fastest in Tanzania ($39.4M), Kenya ($30.9M), South Africa ($20M), Switzerland ($9.07M), and Russia ($7.13M).

Between 2018 and 2019, the fastest growing importers of Tin Ores were China ($51.5M), United Arab Emirates ($8.98M), Laos ($2.82M), Luxembourg ($2.26M), and Cuba ($962k).

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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.

In 2019,  market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Tin Ores are explained by 13 countries.

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TOP NET EXPORTER (2019): Australia, $129M

TOP NET IMPORTER (2019): Malaysia, $363M

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

In 2019, the countries that had a largest trade value in exports than in imports of Tin Ores were Australia ($129M), Nigeria ($113M), Rwanda ($71.2M), Republic of the Congo ($49.9M), and Tanzania ($39.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Tin Ores were Malaysia ($363M), Thailand ($104M), China ($79.9M), United Arab Emirates ($18.1M), and Singapore ($11.3M).

Disaggregation

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Value

In 2019, the world most traded Tin Ores, disaggragated by their HS6 level were Tin ores and concentrates ($617M)

Import Tariffs

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In 2018, the average tariff for importing Tin Ores was 2.11%.  The countries with the highest tariffs for importing Tin Ores 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.