In 2015, global sales for tin exports amounted to US$690.5 million. That amount represents a 48.4% increase from 2011 but includes a -32.1% decline from 2014 to 2015.
Tin is a key ingredient used to solder microelectronic components to circuit boards, and can prevent corrosion when coating other metals.
The 4-digit Harmonized Tariff System code prefix is 2609 for tin ores and concentrates.
Top Tin Exporters
Below are the 15 countries that exported the highest dollar value worth of tin during 2015:
- Myanmar (Burma): US$367.1 million (53.2% of total tin exports)
- Australia: $99.9 million (14.5%)
- Congo: $48 million (7%)
- Rwanda: $40.1 million (5.8%)
- Nigeria: $33.2 million (4.8%)
- Democratic Rep. Congo: $27.5 million (4%)
- Brazil: $20.9 million (3%)
- Bolivia: $16.4 million (2.4%)
- Singapore: $11.9 million (1.7%)
- Laos: $10.7 million (1.6%)
- Belgium: $3.1 million (0.45%)
- Malaysia: $2.2 million (0.32%)
- United States: $2.1 million (0.31%)
- Russia: $1.8 million (0.26%)
- Peru: $1.4 million (0.2%)
Source: mmbiztoday.com
Among the above countries, the fastest-growing tin exporters since 2011 were: Nigeria (up 1,845%), Russia (up 848.4%), Myanmar (up 736.2%), Malaysia (up 483.8%), Belgium (up 221.7%) and Democratic Republic of the Congo (up 211.4%).
Leading the decliners among the top tin exporters were: Peru (down -97.1%), Bolivia (down -76%), United States (down -65.5%) and Rwanda (down -60.7%).
The listed 15 countries shipped 99.4% of all exported tin in 2015.
Source: worldstopexports.com