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Aluminium; waste and scrap

7602 (Harmonized System 1992 for 4-digit)

2022
World Trade $22.2BRnk 200 / 1218
2022
Top Exporter | Top Importer $3.83B | $3.5BUnited States | India
2022
Product Complexity -0.73Rnk 763 / 1033
2021 - 2022
Export Growth (CAGR) 13.4%Rnk 317 / 1218
2022
Share of World Trade 0.094%Rnk 200 / 1218

About

Overview This page contains the latest trade data of Scrap Aluminium. In 2022, Scrap Aluminium were the world's 200th most traded product, with a total trade of $22.2B. Between 2021 and 2022 the exports of Scrap Aluminium grew by 13.4%, from $19.6B to $22.2B. Trade in Scrap Aluminium represent 0.094% of total world trade.

Scrap Aluminium are a part of Aluminum articles. They include Waste or scrap, aluminium.

Exports In 2022 the top exporters of Scrap Aluminium  were United States ($3.83B), Germany ($2.28B), Canada ($1.36B), United Kingdom ($1.13B), and France ($828M).

Imports In 2022 the top importers of Scrap Aluminium were India ($3.5B), South Korea ($1.84B), Germany ($1.76B), United States ($1.42B), and Italy ($1.19B).

Ranking Scrap Aluminium ranks 763rd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Scrap 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 (2022)United States$3.83B
Top Destination (2022)India$3.5B

In 2022 Scrap Aluminium were the world's 200th most traded product (out of 1,218).

In 2022, the top exporters of Scrap Aluminium were United States ($3.83B), Germany ($2.28B), Canada ($1.36B), United Kingdom ($1.13B), and France ($828M).

In 2022, the top importers of Scrap Aluminium were India ($3.5B), South Korea ($1.84B), Germany ($1.76B), United States ($1.42B), and Italy ($1.19B).

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Exporters of Scrap Aluminium (2022)
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Importers of Scrap Aluminium (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$241M
Top Destination Growth (2021 -  2022)India$549M

Between 2021 and 2022, the exports of Scrap Aluminium grew the fastest in Canada ($241M), United States ($208M), United Kingdom ($207M), Australia ($172M), and Mexico ($170M).

Between 2021 and 2022, the fastest growing importers of Scrap Aluminium were India ($549M), Germany ($310M), Thailand ($270M), United States ($202M), and Brazil ($186M).

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Exporters of Scrap Aluminium (2021 - 2022)

Importers of Scrap Aluminium (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 5.11. This means that most of the exports of Scrap Aluminium are explained by 34 countries.

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Value of Exports in Scrap Aluminium

Net Trade

TOP NET EXPORTER (2022)United States$2.41B
TOP NET IMPORTER (2022)India$3.47B

This map shows which countries export or import more of Scrap Aluminium. Each country is colored based on the difference in exports and imports of Scrap Aluminium during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Scrap Aluminium were United States ($2.41B), Canada ($1.15B), United Kingdom ($952M), Australia ($744M), and United Arab Emirates ($534M).

In 2022, the countries that had a largest trade value in imports than in exports of Scrap Aluminium were India ($3.47B), South Korea ($1.76B), China ($1.03B), Malaysia ($858M), and Italy ($842M).

Net Trade (2022)

Country Comparison

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Ranking

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $56.8M
TOP IMPORT POTENTIALCanada+ $35.8M

Scrap Aluminium’s highest export potential is China. With an export gap of $56.8M.  Scrap Aluminium’s highest import potential is Canada with an import gap of $35.8M.

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 (2022)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Scrap 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 (2022)

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