EU Combined Nomenclature · CN code · HS 7606.12

7606 12 92

7606 12 92: Aluminium alloy plates and sheets, over 0.2 mm: Less than 3 mm

Aluminium alloy plates and sheets, over 0.2 mm

Not declarable on its own: use one of its 6 subdivisions Data: EU Combined Nomenclature, in force from 1 January 2026 · checked on 24 October 2026

  1. 7606 Aluminium plates, sheets and strip, of a thickness exceeding 0,2 mm:
  2. Rectangular (including square):
  3. 7606 12 Of aluminium alloys:
  4. Other:
  5. Other, of a thickness of:
  6. 7606 12 92 Less than 3 mm

What you pay

Importing into EU

Customs duty 7.5% standard rate depends on the country of origin
Additional duties and charges 5 additional measures Import requirements: 6
VAT standard rate of the member state of import, 17% to 27%
Duty calculatorCalculate duty and taxes →

Additional duties and import rules

Charges on top of the customs duty, and rules the goods must meet at the border.

Additional duties and charges 10

  • Duty suspensionAirworthiness tariff suspension Free
    Applies to goods from
    all countries
    Legal act
    Regulation 1517/18
    Documents
    • C119 Authorised Release Certificate — EASA Form 1 (Appendix I to Annex I to Regulation (EU) No 748/2012), or equivalent certificate
  • Duty suspensionAutonomous suspension under end-use Free
    Only for
    7606 12 92 23 Of a thickness of not less than 0,8 mm
    Applies to goods from
    all countries
    Legal act
    Regulation 3050/95
    Documents
    • N990 EUS - Authorisation for the use of end use procedure (Column 8c, Annex A of Delegated Regulation (EU) 2015/2446)
  • Duty suspensionAutonomous suspension under end-use Free
    Only for
    7606 12 92 25 In coils or in coiled strips in cut-to-length sheets, or in the form of circles
    Applies to goods from
    all countries
    Legal act
    Regulation 3050/95
    Documents
    • N990 EUS - Authorisation for the use of end use procedure (Column 8c, Annex A of Delegated Regulation (EU) 2015/2446)
  • Duty suspensionAutonomous suspension under end-use Free
    Only for
    7606 12 92 30 Other
    Applies to goods from
    all countries
    Legal act
    Regulation 3050/95
    Documents
    • N990 EUS - Authorisation for the use of end use procedure (Column 8c, Annex A of Delegated Regulation (EU) 2015/2446)
  • Duty suspensionSuspension - goods for certain categories of ships, boats and other vessels and for drilling or production platforms Free
    Only for
    7606 12 92 91 For use as body panels in the car industry or for use in the manufacture of aircraft parts and of a thickness of not less than 0,8 mm
    Applies to goods from
    all countries
    Legal act
    Regulation 2658/87
    Documents
    • C990 End use authorisation ships and platforms (Column 8c, Annex A of Delegated Regulation (EU) 2015/2446)
  • Duty suspensionSuspension - goods for certain categories of ships, boats and other vessels and for drilling or production platforms Free
    Only for
    7606 12 92 92 Hot rolled coils, tension levelled, of a thickness not exceeding 1,5 mm, of a width of not less than 800 mm but not exceeding 2050 mm, for use in the manufacture of aluminium composite panels
    Applies to goods from
    all countries
    Legal act
    Regulation 2658/87
    Documents
    • C990 End use authorisation ships and platforms (Column 8c, Annex A of Delegated Regulation (EU) 2015/2446)
  • Duty suspensionSuspension - goods for certain categories of ships, boats and other vessels and for drilling or production platforms Free
    Only for
    7606 12 92 93 In coils or in coiled strips in cut-to-length sheets, or in the form of circles; of a thickness of 0,2 mm or more
    Applies to goods from
    all countries
    Legal act
    Regulation 2658/87
    Documents
    • C990 End use authorisation ships and platforms (Column 8c, Annex A of Delegated Regulation (EU) 2015/2446)
  • Duty on low-value parcelsLow-value consignment customs duty 3 EUR
    Applies to goods from
    all countries
    In force
    until 31 October 2026
    Legal act
    Regulation 0382/26
  • Duty on low-value parcelsLow-value consignment customs duty 3 EUR
    Applies to goods from
    all countries
    In force
    from 1 November 2026
    Legal act
    Regulation 0382/26
    Documents
    • C127 Merchant product identifier
    • C128 Non-standardised manufacturer product identifier
    • C129 Standardised manufacturer product identifier
    • Y081 No standardised manufacturer product identifier for the declared product exists
  • Handling feeUnion handling fee 2 EUR
    Applies to goods from
    all countries
    In force
    from 1 November 2026
    Legal act
    Regulation 2108/26
    Documents
    • Y126 Goods sold in distance sales

Import requirements 7

  • Prohibition or restrictionImport prohibition
    Applies to goods from
    North Korea
    Legal act
    Regulation 1509/17
  • Import controlRestriction on entry into free circulation
    Applies to goods from
    Belarus, China, India
    In force
    until 31 December 2026
    Legal act
    Regulation 0288/24
  • Import control
    Applies to goods from
    Iran, North Korea
    Legal act
    Regulation 0267/12, Regulation 1509/17
    Documents
    • Y949 Goods other than those described in the footnotes linked to the measure (Reg 267/2012)
    • Y957 Goods other than those described in the MG footnotes linked to the measure (Annex II, Part V of Reg. (EU) 2017/1509)
  • Import control
    Applies to goods from
    Belarus, Ukraine
    Legal act
    Regulation 0765/06, Regulation 0692/14
    Documents
    • Y727 The prohibitions defined in article 1ra paragraph 1 of Council Regulation (EU) No 765/2006 do not apply (see exemptions in article 1ra paragraph 3)
    • Y728 The prohibitions defined in article 1ra paragraph 1 of Council Regulation (EU) No 765/2006 do not apply (see exemptions in article 1ra paragraph 4)
    • L152 Import authorisation by virtue of article 1ra paragraph 10 of Council Regulation (EU) 765/2006
    • Y870 Goods entered the territory of the customs union of the EU and presented to customs authorities prior to the entry into force or to applicability date of the present sanction, whichever is latest (see Article 8f of Regulation (EU) No 765/2006)
    • Y997 Goods not originating from or destined to Crimea or Sevastopol (Articles 2 and 2b.1 of Council Regulation (EU) No 692/2014)
    • N864 Invoice declaration or origin declaration made out by any exporter on invoice or any other commercial document
    • N954 Movement certificate EUR.1
  • Import control
    Applies to goods from
    Russia
    In force
    until 31 December 2027
    Legal act
    Regulation 0833/14
    Documents
    • L142 Import authorisation by virtue of article 3i paragraph 3c of Council Regulation (EU) 833/2014
    • Y874 The prohibitions defined in article 3i.1 of Council Regulation (EU) No 833/2014 do not apply (see exemptions in article 3i.3aa)
    • L143 Import authorisation by virtue of article 12b.2 of Council Regulation (EU) 833/2014
    • Y859 Goods entered the territory of the customs union of the EU and presented to customs authorities prior to the entry into force or to applicability date of the present sanction, whichever is latest (see Article 12e of Regulation (EU) No 833/2014)
  • Import control
    Applies to goods from
    Ukraine
    Legal act
    Regulation 0263/22
    Documents
    • Y984 Goods not originating from or not destined for the non-government controlled areas of Ukraine in the oblasts of Donetsk, Kherson, Luhansk and Zaporizhzhia
    • N954 Movement certificate EUR.1
    • N864 Invoice declaration or origin declaration made out by any exporter on invoice or any other commercial document
  • Import controlCarbon Border Adjustment Mechanism - CBAM
    Applies to goods from
    all countries except Switzerland, Iceland, Liechtenstein, Norway
    In force
    until 31 December 2026
    Legal act
    Regulation 0956/23
    Documents
    • Y128 CBAM account number
    • Y134 Goods originating in Büsingen, Heligoland, or Livigno (Article 2.4 of Regulation (EU) 2023/956)
    • Y135 Goods to be moved or used in the context of military activities - Exemption by virtue Article 2.(3) of Regulation (EU) 2023/956
    • Y237 Goods of EU origin (CBAM)
    • Y238 Application to obtain the status of authorised CBAM declarant has been submitted until 31 March 2026
    • Y137 De minimis exemption - Exemption by virtue Article 2a. of Regulation (EU) 2023/956

TARIC subdivisions

Declare the 10-digit TARIC code that fits the goods: measures can differ between subdivisions.

7606 12 92 23Of a thickness of not less than 0,8 mm
7606 12 92 25In coils or in coiled strips in cut-to-length sheets, or in the form of circles
7606 12 92 27Other
7606 12 92 30Other
7606 12 92 91For use as body panels in the car industry or for use in the manufacture of aircraft parts and of a thickness of not less than 0,8 mm
7606 12 92 92Hot rolled coils, tension levelled, of a thickness not exceeding 1,5 mm, of a width of not less than 800 mm but not exceeding 2050 mm, for use in the manufacture of aluminium composite panels
7606 12 92 93In coils or in coiled strips in cut-to-length sheets, or in the form of circles; of a thickness of 0,2 mm or more
7606 12 92 94Other
7606 12 92 97Other

Export measures 7

Prohibitions, licences, controls and sanctions that apply when these goods leave the EU.

Export measuresDestinationLegal actValidity
Export prohibitionSanctions regime: North Korea North Korea Regulation 1509/17 28 February 2018
Export controlSanctions regime: Crimea and Sevastopol Ukraine Regulation 0692/14 25 February 2025
Export controlSanctions regime: North Korea North Korea Regulation 1509/17 1 September 2017
Export controlSanctions regime: Russia Russia Regulation 0833/14 26 June 2024
Export controlSanctions regime: Belarus Belarus Regulation 0765/06 20 July 2025
Export controlSanctions regime: Non-government-controlled areas of Ukraine Ukraine Regulation 0263/22 25 August 2022
Export controlSanctions regime: Iran Iran Regulation 0267/12 30 September 2025

TARIC data as of 26 October 2026

Import VAT in the EU member states

The rate each member state applies to goods of this code, from the Commission’s Taxes in Europe Database. A reduced rate can cover only part of the goods under a code: check the national VAT law.

  • Austria 20%
  • Belgium 21%
  • Bulgaria 20%
  • Croatia 25%
  • Cyprus 19%
  • Czechia 21%
  • Denmark 25%
  • Estonia 24%
  • Finland 25.5%
  • France 20%
  • Germany 19%
  • Greece 24%
  • Hungary 27%
  • Ireland 23%
  • Italy 22%
  • Latvia 21%
  • Lithuania 21%
  • Luxembourg 17%
  • Malta 18%
  • Netherlands 21%
  • Poland 23%
  • Portugal 23%
  • Romania 21%
  • Slovakia 23%
  • Slovenia 22%
  • Spain 21%
  • Sweden 25%

TEDB · 26 October 2026

Preferential rates by country

Agreement or schemeCountriesRate
standard rate (no agreement)—7.5%
GSP-EBA (Special arrangement for the least-developed countries - Everything But Arms)
Afghanistan, Angola, Bangladesh, Benin and 42 more

Afghanistan, Angola, Bangladesh, Benin, Bhutan, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Comoros, Congo - Kinshasa, Djibouti, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Haiti, Kiribati, Laos, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mozambique, Myanmar (Burma), Nepal, Niger, Rwanda, São Tomé & Príncipe, Senegal, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Tanzania, Timor-Leste, Togo, Tuvalu, Uganda, Yemen, Zambia

Free
CARIFORUM
Antigua & Barbuda, Bahamas, Barbados, Belize and 10 more

Antigua & Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Jamaica, St Kitts & Nevis, St Lucia, St Vincent & the Grenadines, Suriname, Trinidad & Tobago

Free
OCTs (Overseas Countries and Territories)
Antarctica, Aruba, Caribbean Netherlands, Curaçao and 8 more

Antarctica, Aruba, Caribbean Netherlands, Curaçao, French Polynesia, French Southern Territories, Greenland, New Caledonia, Sint Maarten, St Barthélemy, St Pierre & Miquelon, Wallis & Futuna

Free
GSP+ (incentive arrangement for sustainable development and good governance)
Bolivia, Cape Verde, Kyrgyzstan, Mongolia and 4 more

Bolivia, Cape Verde, Kyrgyzstan, Mongolia, Pakistan, Philippines, Sri Lanka, Uzbekistan

Free
Central America Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama Free
SADC EPA Botswana, Eswatini, Namibia Free
EEA - European Economic Area Iceland, Liechtenstein, Norway Free
Eastern and Southern Africa States Mauritius, Seychelles, Zimbabwe Free
EU–Andorra customs union Andorra Free
EU–Albania agreement Albania Free
EU–Bosnia & Herzegovina agreement Bosnia & Herzegovina Free
EU–Canada agreement Canada Free
EU–Switzerland agreement Switzerland Free
EU–Côte d’Ivoire agreement Côte d’Ivoire Free
EU–Chile agreement Chile Free
EU–Cameroon agreement Cameroon Free
EU–Colombia agreement Colombia Free
EU–Algeria agreement Algeria Free
EU–Ecuador agreement Ecuador Free
EU–Egypt agreement Egypt Free
Preferential origin in accordance with the Agreement in the form of an Exchange of Letters between the European Union and the Kingdom of Morocco on the amendment of Protocols 1 and 4 to the Euro-Mediterranean Agreement establishing an association between the European Communities and their Member States, of the one part, and the Kingdom of Morocco, of the other part. Western Sahara Free
EU–Fiji agreement Fiji Free
EU–Faroe Islands agreement Faroe Islands Free
EU–United Kingdom agreement United Kingdom Free
EU–Georgia agreement Georgia Free
EU–Ghana agreement Ghana Free
EU–Israel agreement Israel Free
EU–Jordan agreement Jordan Free
EU–Japan agreement Japan Free
EU–Kenya agreement Kenya Free
EU–South Korea agreement South Korea Free
EU–Lebanon agreement Lebanon Free
EU–Morocco agreement Morocco Free
EU–Moldova agreement Moldova Free
EU–Montenegro agreement Montenegro Free
EU–North Macedonia agreement North Macedonia Free
EU–Mexico agreement Mexico Free
EU–New Zealand agreement New Zealand Free
EU–Peru agreement Peru Free
EU–Papua New Guinea agreement Papua New Guinea Free
EU–Palestinian Territories agreement Palestinian Territories Free
EU–Serbia agreement Serbia Free
EU–Singapore agreement Singapore Free
EU–San Marino customs union San Marino Free
EU–Syria agreement Syria Free
EU–Tunisia agreement Tunisia Free
EU–Türkiye customs union Türkiye Free
EU–Ukraine agreement Ukraine Free
EU–United States agreement United States Free
EU–Samoa agreement Samoa Free
EU–Kosovo agreement Kosovo Free
EU–South Africa agreement South Africa Free
EU–Vietnam agreement Vietnam 0.9%
GSP - General arrangements
Congo - Brazzaville, Cook Islands, Indonesia, Micronesia and 4 more

Congo - Brazzaville, Cook Islands, Indonesia, Micronesia, Nigeria, Niue, Tajikistan, Vanuatu

4%
Mercosur Argentina, Brazil, Paraguay, Uruguay 6.5%

EU: imports by month · HS 7606.12

last 12 months€3bn+4.1% · previous 12 months
Average import price€4.05 per kg
Preferential rate72%
Jan 2024: €191mFeb 2024: €208.2mMar 2024: €188.9mApr 2024: €222.8mMay 2024: €242.3mJun 2024: €217.5mJul 2024: €197.4mAug 2024: €184.1mSept 2024: €220.3mOct 2024: €256.4mNov 2024: €236.3mDec 2024: €172mJan 2025: €257.5mFeb 2025: €244.9mMar 2025: €258.3mApr 2025: €265.8mMay 2025: €270mJun 2025: €240.3mJul 2025: €254.5mAug 2025: €200mSept 2025: €223.1mOct 2025: €217.5mNov 2025: €242.2mDec 2025: €190.7mJan 2026: €201.7mFeb 2026: €247.3mMar 2026: €274.6mApr 2026: €287.8mMay 2026: €283.3mJun 2026: €264.4mJul 2026: €300mAug 2026: €260.5m 202420252026
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

Main suppliers, last 12 months

CountryValueShareChange
Switzerland €850.3m 28.4% +24.1%
Norway €319.9m 10.7% +1.4%
United Kingdom €319.8m 10.7% +12.7%
Türkiye €260.1m 8.7% +16.3%
China €252.6m 8.4% -40.1%
Japan €150.4m 5% +76.2%
United States €131.8m 4.4% -22.8%
Serbia €120.1m 4% -1.8%

Same subheading in other tariffs

7606.12 Aluminium plates, sheets and strip, of a thickness: rectangular (including square), of aluminium alloys

EU lines: 7606.12

Binding rulings for similar goods

Decisions of U.S. Customs and Border Protection (CROSS) and HMRC (Advance Tariff Rulings) on goods classified here. A ruling binds only its holder, but shows how the authorities classify similar goods. The descriptions are the authorities’ own, in English.

  • N355747 U.S. CBP 25 November 2025 · 7606.12.30.96

    The tariff classification of aluminum composite panels from South Korea

  • N337651 U.S. CBP 8 February 2024 · 7606.12.30.91

    The tariff classification and country of origin for marking purposes of aluminum panels/sheets

  • N333977 U.S. CBP 3 August 2023 · 7606.12.30.91

    The tariff classification of aluminum ceiling panels from China

  • N333593 U.S. CBP 10 July 2023 · 7606.12.30.91

    The tariff classification of aluminum sheet from Turkey, United Arab Emirates, Bahrain, China, Oman, and Malaysia

  • 600012087 HMRC 10 February 2025 – 9 February 2028 · 7606 12 99 86

    This product is a hot rolled, aluminium alloy plate. That is a flat rectangular shape (including square). Standard dimensions: Thicknesses of 6mm to 420mm, lengths up to 25000mm. The manufactured process plates minimum measurement can be 6mm thickness, width 600mm and length of 2000mm. All process…

  • 600010824 HMRC 14 August 2024 – 13 August 2027 · 7606 12 99 88

    This product is a hot rolled, aluminium alloy plate. Flat rectangular (including square) shape. Standard dimensions: Thickness of 6mm to 150mm. Width up to 1800mm. Length up to 5000mm. Maximum measures can reach: width 2200mm / length 10000mm. The plates are to be used typically for parts…

  • 600009305 HMRC 23 February 2024 – 22 February 2027 · 7606 12 99 86

    Aluminium alloy sheets. Hot rolled from molten aluminium and 6mm thick. The sheets are flat, (not folded) not backed, without internal layers of other material and oblong in shape. The product will be used to form panels for balconies and will be later folded and cut to size as required but not…

  • 600009304 HMRC 22 February 2024 – 21 February 2027 · 7606 12 93 86

    Aluminium alloy sheets. Hot rolled from molten aluminium and 3mm thick. The sheets are flat, (not folded) not backed, without internal layers of other material and oblong in shape. The product will be used to form panels for balconies and will be later folded and cut to size as required but not…

28 rulings in total for this code

Legal notes

Additional notes

Chapter notes: Chapter 76 →

CBAM: carbon border adjustment

Goods of the CBAM sector aluminium pay for the greenhouse gases emitted in their production when they are imported into the EU. Without verified actual emissions, the importer declares the default values below (tonnes of CO2 equivalent per tonne of goods).

7606 Aluminium plates, sheets and strip, of a thickness exceeding 0,2 mm

Country of productionDirectIndirectTotal
Algeria1.6—1.6
Argentina2.49—2.49
Australia2.49—2.49
Azerbaijan2.57—2.57
Bahrain2.66—2.66
Bangladesh2.37—2.37
Bolivia1.15—1.15
Bosnia & Herzegovina4.53—4.53
Brazil2.5—2.5
Cameroon2.49—2.49
Canada2.75—2.75
Chile1.15—1.15
China4.12—4.12
Colombia1.71—1.71
Costa Rica2.09—2.09
Ecuador2.65—2.65
Egypt3.62—3.62
El Salvador2.66—2.66
Ghana2.49—2.49
Guatemala2.66—2.66
India4.13—4.13
Indonesia2.51—2.51
Iran2.49—2.49
Israel1.3—1.3
Japan1.73—1.73
Jordan1.15—1.15
Kazakhstan2.67—2.67
Kenya1.48—1.48
Kuwait1.32—1.32
Malaysia3.29—3.29
Mexico1.86—1.86
Montenegro2.73—2.73
Morocco1.19—1.19
Mozambique4.99—4.99
New Zealand2.49—2.49
Nicaragua1.15—1.15
Nigeria1.79—1.79
Oman2.49—2.49
Pakistan1.97—1.97
Peru2.52—2.52
Philippines1.17—1.17
Qatar2.49—2.49
Russia2.95—2.95
Saudi Arabia2.49—2.49
Serbia3.69—3.69
Singapore2.46—2.46
South Africa2.67—2.67
South Korea1.95—1.95
Sri Lanka1.73—1.73
Syria1.17—1.17
Taiwan1.15—1.15
Tajikistan2.49—2.49
Tanzania1.28—1.28
Thailand1.73—1.73
Tunisia1.44—1.44
Türkiye2.71—2.71
Uganda1.19—1.19
Ukraine1.18—1.18
United Arab Emirates2.66—2.66
United Kingdom2.61—2.61
United States2.73—2.73
Uruguay3.1—3.1
Uzbekistan1.74—1.74
Venezuela2.49—2.49
Vietnam2.48—2.48
Zambia1.27—1.27
Zimbabwe1.16—1.16
Other countries (default)3.72—3.72

with the mark-up for 2026: 4.089 · with the mark-up for 2027: 4.46 · with the mark-up for 2028: 4.832

t CO2e per t of goods · definitive period since 1 January 2026; first annual declaration due 30 September 2027 · Implementing Regulation (EU) 2025/2621 as corrected by 2026/1740 (European Commission data, not legally binding)

This line in earlier years

The Combined Nomenclature of each year, as published in the Official Journal: description, third-country duty and supplementary unit.

YearDescriptionThird-country dutySupplementary unit
2026 Less than 3 mm 7.5% —
2025 unchanged 7.5% —
2024 unchanged 7.5% —
2023 unchanged 7.5% —
2022 unchanged 7.5% —
2021 unchanged 7.5% —
2020 unchanged 7.5% —
2019 Less than 3 mm 7.5% —

In the EU Combined Nomenclature, 7606 12 92 is one of 7 lines under subheading 7606.12, aluminium plates, sheets and strip, of a thickness.

The third-country duty is 7.5%, and quantities are declared in —.

Goods from 152 countries can enter the EU at a preferential rate instead of the standard 7.5%; 139 of them pay no duty at all, for example under GSP-EBA or CARIFORUM.

In the 12 months to August 2026, the EU imported aluminium alloy plates and sheets, over 0.2 mm (HS 7606.12) worth €3bn (up 4% on the year before), at an average of €4.05 per kg; Switzerland supplied 28%, followed by Norway.

For the same subheading, the UK duty is 6%, the Türkiye duty is 7.5%, the US duty is 3%–6.5%, the Canada duty is free, the Mexico duty is 0%–35%, the Brazil duty is 0%–10.8%, the Argentina duty is 0%–10.8%, the Peru duty is free, the New Zealand duty is 5%, the Japan duty is 0%–2%, the Taiwan duty is 6.5%, the GCC duty is 5%, the Switzerland duty is free, the Norway duty is free, the North Macedonia duty is free and the Nigeria duty is 5%–20%.

EU member states imported goods of subheading 7606.12 worth US$13bn in 2024; the largest supplier from outside the EU was Switzerland, and the United Kingdom ranked 4th with US$346m.

Questions and answers

What is the EU import duty for CN code 7606 12 92?

The third-country duty in the EU Combined Nomenclature is 7.5%; the supplementary unit is —. Preferential rates for goods from agreement countries, anti-dumping duties and VAT are not included.

Which countries get a lower rate on 7606 12 92?

152 countries have a preferential rate on this line, 139 of them at 0%, under GSP-EBA, CARIFORUM and OCTs and other arrangements. The rate applies only to goods that meet the rules of origin of the agreement, with proof of origin. Choose the country of origin on this page to see its rate.

Where does the EU import these goods from?

For subheading 7606.12 as a whole, the largest supplier from outside the EU in 2024 was Switzerland (US$636m), followed by Norway.

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