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2022
Exports $203MWorld Rnk 13 / 118
Flag Rnk 766 / 1216
2022
Destination $5.1M Vietnam
2021 - 2022
FASTEST GROWING MARKET $5.1MTurkey
2022
PRODUCT COMPLEXITY IN Aluminium Wire-0.75Rnk 770 / 1025
2022
Imports $69.6MWorld Rnk 24 / 195
Flag Rnk 720 / 1212
2022
Origin $561k United States
2021 - 2022
FASTEST GROWING ORIGIN $561kIndia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $203M in Aluminium Wire, making it the 13th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 766th most exported product in China. The main destination of Aluminium Wire exports from China are: Vietnam ($25.7M), Turkey ($16.5M), Indonesia ($13.8M), South Korea ($11.8M), and Brazil ($10.2M).

The fastest growing export markets for Aluminium Wire of China between 2021 and 2022 were Turkey ($5.1M), Russia ($3.36M), and United Arab Emirates ($3.14M).

Imports In 2022, China imported $69.6M in Aluminium Wire, becoming the 24th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 720th most imported product in China. China imports Aluminium Wire primarily from: United States ($9.25M), Italy ($9.14M), South Korea ($7.9M), Singapore ($7.5M), and Netherlands ($5.71M).

The fastest growing import markets in Aluminium Wire for China between 2021 and 2022 were India ($561k), Bahrain ($515k), and Netherlands ($284k).

COMPANIES In 2023, leading companies such as Costco Wholesale (23) and Walmart (1) were at the forefront of shipping Aluminium Wire from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Aluminium Wire exports accounted up to $11.5M and imports accounted up to $9.11M, resulting in a positive trade balance of $2.38M. Between September 2023 and September 2024 the exports of China's   Aluminium Wire have increased by $487k (4.43%) from $11M to $11.5M, while imports increased by $5.16M (131%) from $3.95M to $9.11M.

Destinations In September 2024, Aluminium Wire were exported mostly to Russia ($1.33M), Vietnam ($1.22M), Brazil ($907k), Malaysia ($773k), and South Korea ($751k), and were imported mostly from Russia ($3.37M), Italy ($1.15M), China ($963k), United Kingdom ($850k), and Singapore ($617k).

Growth In September 2024, the increase in Aluminium Wire's year-by-year exports was explained primarily by an increase in exports to Mexico ($568k or 130%), Turkey ($308k or 24.4%), and Panama ($163k or 411%). In September 2024, the increase in Aluminium Wire's year-by-year imports was explained primarily by an increase in imports from Italy ($651k or 98.7%), Oman ($351k or 181%), and China ($24.6k or 65.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$487k(4.43%)
IMPORT GROWTH (September 2023 - September 2024)$5.16M(131%)
MAIN EXPORTER (September 2024)Jiangsu Province$4.51M
MAIN DESTINATION (September 2024)Russia$1.33M

This section shows Aluminium Wire's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Aluminium Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$203M
IMPORTS (2022)$69.6M
NET TRADE (2022)$133M

In 2022, China exported $203M in Aluminium Wire. The main destinations of China exports on Aluminium Wire were Vietnam ($25.7M), Turkey ($16.5M), Indonesia ($13.8M), South Korea ($11.8M), and Brazil ($10.2M).

In 2022, China imported $69.6M in Aluminium Wire, mainly from United States ($9.25M), Italy ($9.14M), South Korea ($7.9M), Singapore ($7.5M), and Netherlands ($5.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR China WERE (2021 - 2022):
Turkey$5.1M (44.9%)
Russia$3.36M (56.7%)
United Arab Emirates$3.14M (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY China WERE (2021 - 2022):
Indonesia-$4.36M (-24.1%)
Vietnam-$2.62M (-9.24%)
United States-$1.51M (-18.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Aluminium Wire were:
Bahrain $729M
Canada $702M
India $425M
In 2022, China's main importing competitors in Aluminium Wire were:
United States $997M
Germany $405M
Netherlands $338M

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.44M
TOP IMPORT POTENTIALMalaysia+ $3.7M

Aluminium Wire’s highest export potential is United States. With an export gap of $8.44M.   Aluminium Wire’s highest import potential is Malaysia with an import gap of $3.7M.

See methodology.

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