Overall, the value of cement exports increased by an average 27.1% for all exporting countries since 2017 when cement shipments were valued at $10.1 billion.
From 2020 to 2021, international sales of exported cement sales advanced by 12.3% from $11.5 billion.
The 5 leading cement exporters are Vietnam, Turkey, Germany, Canada, and Thailand. Collectively, that quintet of major suppliers accounted for four-tenths (40.1%) of worldwide shipments of cement during 2021.
By category, Portland cement accounts for almost three-fifths (59.6%) of exported global cement supplies. That metric should come as no surprise given that Portland is the cement type used for making concrete, mortar, stucco and grout. Cement clinkers represented about a third (33.4%) while miscellaneous hydraulic cements and aluminous cements came in at 5.2% and 1.7% respectively.
From a continental perspective, Asian countries sold the most exported cement during 2021 with shipments valued at $6.6 billion or 51.5% of globally exported cement. In second place were exporters in Europe at 26.9% while another 12.1% of worldwide cement shipments originated from Africa, with 6.9% worth was shipped from North America.
Tinier percentages came from Latin America (2.6%) excluding Mexico but including the Caribbean, and Oceania (0.1%) led by New Zealand and Fiji.
For research purposes, the four-digit Harmonized Tariff System code prefix is 2523 for cement materials.
Cement Exports by Country
Below are the 25 countries that exported the highest dollar value worth of cement during 2021.
- Vietnam: US$2.1 billion (16.7% of total cement exports)
- Turkey: $1.4 billion (10.6%)
- Germany: $610.4 million (4.7%)
- Canada: $535.3 million (4.2%)
- Thailand: $501.9 million (3.9%)
- Spain: $429.5 million (3.3%)
- Indonesia: $407.4 million (3.2%)
- Egypt: $393.8 million (3.1%)
- Japan: $382.4 million (3%)
- Belgium: $292.4 million (2.3%)
- Pakistan: $271.5 million (2.1%)
- Saudi Arabia: $245.7 million (1.9%)
- Greece: $205.2 million (1.6%)
- Ireland: $200.4 million (1.6%)
- Slovakia: $196.8 million (1.5%)
- United Arab Emirates: $195.6 million (1.5%)
- South Korea: $190.8 million (1.5%)
- Croatia: $186.6 million (1.5%)
- Mexico: $178.8 million (1.4%)
- United States: $173.2 million (1.3%)
- Italy: $172.3 million (1.3%)
- Algeria: $169.6 million (1.3%)
- China: $166.5 million (1.3%)
- Senegal: $155.5 million (1.2%)
- Zambia: $140.9 million (1.1%)
The listed countries shipped more than three-quarters (77.1%) of global cement exports in 2021 by value.
Among the top exporters, the fastest-growing cement exporters since 2020 were: Egypt (up 189.4%), Algeria (up 131.3%), Vietnam (up 58.9%), Saudi Arabia (up 27.8%), Indonesia (up 26.8%), Spain (up 22.7%), then Senegal (up 21.2%).
Those countries that posted declines in their exported cement sales were led by: United Arab Emirates (down -59.2%), mainland China (down -24.5%), Thailand (down -8.5%), Ireland (down -8%), and South Korea (down -6.8%).
Countries Generating Largest Trade Surpluses from Cement
The following countries posted the highest positive net exports for cement during 2021. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s cement exports and its import purchases for that same commodity.
- Vietnam: US$2.1 billion (net export surplus up 60.9% since 2020)
- Turkey: $1.4 billion (up 12.5%)
- Thailand: $436.6 million (down -10.5%)
- Germany: $424.1 million (up 27.7%)
- Indonesia: $403.2 million (up 26.4%)
- Egypt: $391.2 million (up 197.8%)
- Canada: $361.8 million (down -3.9%)
- Japan: $346.9 million (up 4.6%)
- Spain: $327.8 million (up 15.4%)
- Pakistan: $266.6 million (up 5.4%)
- Saudi Arabia: $230.5 million (up 29.3%)
- United Arab Emirates: $184.5 million (down -59.6%)
- Greece: $176 million (up 10.1%)
- Ireland: $169.8 million (down -15.4%)
- Algeria: $167 million (up 135.2%)
Vietnam generated the highest surplus in the international trade of cement. In turn, this positive cashflow confirms Vietnam’s strong competitive advantage for this specific product category.
Countries Causing Largest Trade Deficits from Cement
The following countries posted the highest negative net exports for cement during 2021. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s cement import purchases and its exports for that same commodity.
- United States: -US$1.7 billion (net export surplus up 28.9% since 2020)
- China: -$1.3 billion (down -1.2%)
- Philippines: -$605.5 million (up 27.1%)
- France: -$520.8 million (up 64%)
- Bangladesh: -$374 million (down -29.4%)
- Israel: -$341.3 million (up 16.7%)
- Netherlands: -$286.1 million (up 2.9%)
- Singapore: -$230.9 million (up 61.7%)
- Hong Kong: -$209.2 million (up 2.3%)
- Australia: -$208.7 million (up 14.5%)
- Ivory Coast: -$181.9 million (up 10.1%)
- Sri Lanka: -$165.8 million (down -47.4%)
- Mali: -$157 million (up 5.6%)
- Burkina Faso: -$155.2 million (up 10.2%)
- Libya: -$150.3 million (up 47.9%)
The United States of America and the People’s Republic of China posted the highest deficits in the international trade of cement. In turn, these negative cashflows highlight both economic powerhouses’ strong competitive disadvantages for this specific product category but also signals opportunities for cement-supplying countries that help satisfy the powerful demand.
Top Cement Exporting Companies
According to the Global Cement Directory, the following cement exporting companies lead the world in cement production capacity.
- Anhui Conch (China)
- Lafarge (France)
- Holcim (Switzerland)
- CNBM (China)
- HeidelbergCement (Germany)
- Italcementi (Italy)
- Cemex (Mexico)
- Taiwan Cement Corp (Taiwan)
- China Resources (China)
- Sinoma (China)
The above corporations are presented in the same order as they appear in Global Cement’s listing, which shows that the People’s Republic is home to four of the 10 largest cement-producing companies.
See also Aerospace Exports by Country, Aircraft Parts Exports by Country, Top Industrial Robots Exporters and China’s Top Trading Partners
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on September 3, 2022
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on September 3, 2022
International Trade Centre, Trade Map. Accessed on September 3, 2022
Investopedia, Net Exports Definition. Accessed on September 3, 2022
