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Tin; bars, rods, profiles and wire

8003 (Harmonized System 1992 for 4-digit)

2023
World Trade $478MRnk 1045 / 1217
2023
Top Exporter | Top Importer $56.8M | $48.3MUnited States | United States
2023
Product Complexity 0.47Rnk 381 / 1044
2022 - 2023
Export Growth (CAGR) -30.9%Rnk 1159 / 1217
2023
Share of World Trade 0.0021%Rnk 1045 / 1217

About

Overview This page contains the latest trade data of Tin Bars. In 2023, Tin Bars were the world's 1045th most traded product, with a total trade of $478M. Between 2022 and 2023 the exports of Tin Bars decreased by -30.9%, from $693M to $478M. Trade in Tin Bars represent 0.0021% of total world trade.

Tin Bars are a part of Tin articles. They include Tin bars, rods, profiles and wire.

Exports In 2023 the top exporters of Tin Bars  were United States ($56.8M), Germany ($40.4M), Malaysia ($38.1M), Japan ($34.7M), and China ($33M).

Imports In 2023 the top importers of Tin Bars were United States ($48.3M), Mexico ($46.1M), China ($37.1M), Vietnam ($25.2M), and Malaysia ($21.5M).

Ranking Tin Bars ranks 381st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tin Bars. Countries are shown based on data availability.

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

Explore Latest Trends

* 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)United States$56.8M
Top Destination (2023)United States$48.3M

In 2023 Tin Bars were the world's 1045th most traded product (out of 1,217).

In 2023, the top exporters of Tin Bars were United States ($56.8M), Germany ($40.4M), Malaysia ($38.1M), Japan ($34.7M), and China ($33M).

In 2023, the top importers of Tin Bars were United States ($48.3M), Mexico ($46.1M), China ($37.1M), Vietnam ($25.2M), and Malaysia ($21.5M).

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Exporters of Tin Bars (2023)
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Importers of Tin Bars (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$11.5M
Top Destination Growth (2022 -  2023)Malaysia$4.39M

Between 2022 and 2023, the exports of Tin Bars grew the fastest in Australia ($11.5M), Romania ($1.86M), India ($762k), Papua New Guinea ($718k), and Portugal ($271k).

Between 2022 and 2023, the fastest growing importers of Tin Bars were Malaysia ($4.39M), Italy ($3.6M), Dominican Republic ($1.08M), United Arab Emirates ($740k), and Ireland ($598k).

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Exporters of Tin Bars (2022 - 2023)

Importers of Tin Bars (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tin Bars.

In 2023, market concentration measured using Shannon Entropy, was 4.48. This means that most of the exports of Tin Bars are explained by 22 countries.

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Value of Exports in Tin Bars

Net Trade

TOP NET EXPORTER (2023)Germany$28.9M
TOP NET IMPORTER (2023)Vietnam$24.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Tin Bars were Germany ($28.9M), Japan ($28.2M), Chinese Taipei ($18M), Malaysia ($16.6M), and Thailand ($12.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Tin Bars were Vietnam ($24.5M), Mexico ($15.3M), Philippines ($9.3M), United Kingdom ($9.06M), and Turkey ($8.72M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Tin Bars by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $852k
TOP IMPORT POTENTIALChina+ $1.05M

Tin Bars’s highest export potential is China. With an export gap of $852k.  Tin Bars’s highest import potential is China with an import gap of $1.05M.

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)

Country by Relatedness

The following visualization shows the relatedness of Tin Bars 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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