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760200 (Harmonized System 1992 for 6-digit)

2023
World Trade $20.9BRnk 155 / 4644
2023
Top Exporter | Top Importer $3.45B | $3.57BUnited States | India
2023
Product Complexity -0.85Rnk 3663 / 4656
2022 - 2023
Export Growth (CAGR) -12.1%Rnk 2934 / 4644
2023
Share of World Trade 0.092%Rnk 155 / 4644

About

Overview This page contains the latest trade data of Waste or scrap, aluminium. In 2023, Waste or scrap, aluminium were the world's 155th most traded product, with a total trade of $20.9B. Between 2022 and 2023 the exports of Waste or scrap, aluminium decreased by -12.1%, from $23.8B to $20.9B. Trade in Waste or scrap, aluminium represent 0.092% of total world trade.

Waste or scrap, aluminium are a part of Scrap Aluminium.

Exports In 2023 the top exporters of Waste or scrap, aluminium  were United States ($3.45B), Germany ($2.06B), Canada ($1.2B), Netherlands ($984M), and United Kingdom ($963M).

Imports In 2023 the top importers of Waste or scrap, aluminium were India ($3.57B), China ($2.47B), Germany ($1.68B), South Korea ($1.44B), and United States ($1.2B).

Ranking Waste or scrap, aluminium ranks 3663rd in the Product Complexity Index (PCI).

Description Aluminium can be recycled and turned into more aluminium. It can also be melted down and turned into metal alloys. The most common use for scrap aluminium is to make aluminium cans.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Waste or 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 (2023)United States$3.45B
Top Destination (2023)India$3.57B

In 2023 Waste or scrap, aluminium were the world's 155th most traded product (out of 4,644).

In 2023, the top exporters of Waste or scrap, aluminium were United States ($3.45B), Germany ($2.06B), Canada ($1.2B), Netherlands ($984M), and United Kingdom ($963M).

In 2023, the top importers of Waste or scrap, aluminium were India ($3.57B), China ($2.47B), Germany ($1.68B), South Korea ($1.44B), and United States ($1.2B).

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Exporters of Waste or scrap, aluminium (2023)
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Importers of Waste or scrap, aluminium (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Thailand$262M
Top Destination Growth (2022 -  2023)China$279M

Between 2022 and 2023, the exports of Waste or scrap, aluminium grew the fastest in Thailand ($262M), Hungary ($41.2M), Spain ($38.9M), Lebanon ($20.5M), and Bangladesh ($17.3M).

Between 2022 and 2023, the fastest growing importers of Waste or scrap, aluminium were China ($279M), Thailand ($92.4M), Romania ($57M), Japan ($16.7M), and Ecuador ($10.6M).

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Exporters of Waste or scrap, aluminium (2022 - 2023)

Importers of Waste or scrap, aluminium (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Waste or scrap, aluminium.

In 2023, market concentration measured using Shannon Entropy, was 5.12. This means that most of the exports of Waste or scrap, aluminium are explained by 34 countries.

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Value of Exports in Waste or scrap, aluminium

Net Trade

TOP NET EXPORTER (2023)United States$2.25B
TOP NET IMPORTER (2023)India$3.55B

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

In 2023, the countries that had a largest trade value in exports than in imports of Waste or scrap, aluminium were United States ($2.25B), Canada ($993M), United Kingdom ($810M), Australia ($675M), and Netherlands ($643M).

In 2023, the countries that had a largest trade value in imports than in exports of Waste or scrap, aluminium were India ($3.55B), China ($2.42B), South Korea ($1.31B), Hong Kong ($824M), and Italy ($721M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Waste or scrap, aluminium by percentage of total exports

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)

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