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Aluminium; unwrought

7601 (Harmonized System 1992 for 4-digit)

2023
World Trade $73.8BRnk 47 / 1217
2023
Top Exporter | Top Importer $8.04B | $11.9BCanada | United States
2023
Product Complexity -1.45Rnk 950 / 1044
2022 - 2023
Export Growth (CAGR) -20.2%Rnk 1041 / 1217
2023
Share of World Trade 0.33%Rnk 47 / 1217

About

Overview This page contains the latest trade data of Raw Aluminium. In 2023, Raw Aluminium were the world's 47th most traded product, with a total trade of $73.8B. Between 2022 and 2023 the exports of Raw Aluminium decreased by -20.2%, from $92.5B to $73.8B. Trade in Raw Aluminium represent 0.33% of total world trade.

Raw Aluminium are a part of Aluminum articles. They include Aluminium unwrought, not alloyed and Aluminium unwrought, alloyed.

Exports In 2023 the top exporters of Raw Aluminium  were Canada ($8.04B), Russia ($6.95B), United Arab Emirates ($6.61B), India ($5.97B), and Malaysia ($3.99B).

Imports In 2023 the top importers of Raw Aluminium were United States ($11.9B), Germany ($6.45B), China ($6.01B), Japan ($4.92B), and Turkey ($3.96B).

Ranking Raw Aluminium ranks 950th in the Product Complexity Index (PCI).

Description Unwrought aluminium is an unprocessed form of aluminium. It's used in the production of other goods, such as pots and pans.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Raw Aluminium. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Canada$8.04B
Top Destination (2023)United States$11.9B

In 2023 Raw Aluminium were the world's 47th most traded product (out of 1,217).

In 2023, the top exporters of Raw Aluminium were Canada ($8.04B), Russia ($6.95B), United Arab Emirates ($6.61B), India ($5.97B), and Malaysia ($3.99B).

In 2023, the top importers of Raw Aluminium were United States ($11.9B), Germany ($6.45B), China ($6.01B), Japan ($4.92B), and Turkey ($3.96B).

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Exporters of Raw Aluminium (2023)
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Importers of Raw Aluminium (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Kazakhstan$425M
Top Destination Growth (2022 -  2023)China$1.27B

Between 2022 and 2023, the exports of Raw Aluminium grew the fastest in Kazakhstan ($425M), Brazil ($104M), Egypt ($93.7M), Japan ($93M), and Indonesia ($62.6M).

Between 2022 and 2023, the fastest growing importers of Raw Aluminium were China ($1.27B), Malaysia ($967M), Denmark ($250M), Azerbaijan ($136M), and India ($99.7M).

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Exporters of Raw Aluminium (2022 - 2023)

Importers of Raw Aluminium (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Raw Aluminium.

In 2023, market concentration measured using Shannon Entropy, was 4.91. This means that most of the exports of Raw Aluminium are explained by 29 countries.

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Value of Exports in Raw Aluminium

Net Trade

TOP NET EXPORTER (2023)Canada$7.61B
TOP NET IMPORTER (2023)United States$10.5B

This map shows which countries export or import more of Raw Aluminium. Each country is colored based on the difference in exports and imports of Raw Aluminium during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Raw Aluminium were Canada ($7.61B), Russia ($6.93B), United Arab Emirates ($6.55B), India ($5.05B), and Australia ($3.62B).

In 2023, the countries that had a largest trade value in imports than in exports of Raw Aluminium were United States ($10.5B), China ($5.12B), Germany ($5.1B), Japan ($4.71B), and Turkey ($3.61B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Raw Aluminium, disaggragated by their HS6 level were Aluminium unwrought, alloyed ($37.6B) and Aluminium unwrought, not alloyed ($36.2B)

HS6 Disaggregation for Raw Aluminium (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Raw Aluminium.
It is possible to select the main countries that export or import Raw Aluminium in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Raw Aluminium by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $949M
TOP IMPORT POTENTIALIndia+ $33.3M

Raw Aluminium’s highest export potential is United States. With an export gap of $949M.  Raw Aluminium’s highest import potential is India with an import gap of $33.3M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Raw Aluminium.

Country by Relatedness

The following visualization shows the relatedness of Raw Aluminium to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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