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2022
Exports $124MWorld Rnk 16 / 118
Flag Rnk 695 / 1217
2022
Destination $4.66M Mexico
2021 - 2022
FASTEST GROWING MARKET $4.66MCzechia
2022
PRODUCT COMPLEXITY IN Aluminium Wire-0.75Rnk 770 / 1025
2022
Imports $997MWorld Rnk 1 / 195
Flag Rnk 399 / 1216
2022
Origin $139M Canada
2021 - 2022
FASTEST GROWING ORIGIN $139MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $124M in Aluminium Wire, making it the 16th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 695th most exported product in United States. The main destination of Aluminium Wire exports from United States are: Mexico ($27.3M), Canada ($25.8M), Czechia ($10.1M), China ($9.25M), and Italy ($8.71M).

The fastest growing export markets for Aluminium Wire of United States between 2021 and 2022 were Czechia ($4.66M), Canada ($4.63M), and Mexico ($3.87M).

Imports In 2022, United States imported $997M in Aluminium Wire, becoming the 1st largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 399th most imported product in United States. United States imports Aluminium Wire primarily from: Canada ($682M), India ($133M), Russia ($51.8M), Argentina ($34.1M), and Bahrain ($33.2M).

The fastest growing import markets in Aluminium Wire for United States between 2021 and 2022 were Canada ($139M), India ($21.7M), and Argentina ($9.4M).

COMPANIES In 2023, leading companies such as Costco Wholesale (28), CITY Furniture (2), and Home Depot (1) were at the forefront of shipping Aluminium Wire to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Aluminium Wire exports accounted up to $6.74M and imports accounted up to $79.1M, resulting in a negative trade balance of $72.3M. Between September 2023 and September 2024 the exports of United States'   Aluminium Wire have increased by $277k (4.29%) from $6.46M to $6.74M, while imports increased by $11.5M (17.1%) from $67.5M to $79.1M.

Destinations In September 2024, Aluminium Wire were exported mostly to Mexico ($2.07M), Canada ($1.3M), El Salvador ($684k), Spain ($494k), and Italy ($374k), and were imported mostly from Canada ($52.2M), Bahrain ($9.47M), Argentina ($7.97M), India ($6.12M), and Spain ($1.13M).

Growth In September 2024, the increase in Aluminium Wire's year-by-year exports was explained primarily by an increase in exports to El Salvador ($679k or 417%), Switzerland ($493k or 334%), and Spain ($364k or 59.2%). In September 2024, the increase in Aluminium Wire's year-by-year imports was explained primarily by an increase in imports from Canada ($12.8M or 29%), Switzerland ($157k or 6.12k%), and Hungary ($127k or 128%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$277k(4.29%)
IMPORT GROWTH (September 2023 - September 2024)$11.5M(17.1%)
MAIN EXPORTER (September 2024)New York$2.05M
MAIN DESTINATION (September 2024)Mexico$2.07M

This section shows Aluminium Wire's exports and imports data at subnational level for United States. 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)$124M
IMPORTS (2022)$997M
NET TRADE (2022)-$873M

In 2022, United States exported $124M in Aluminium Wire. The main destinations of United States exports on Aluminium Wire were Mexico ($27.3M), Canada ($25.8M), Czechia ($10.1M), China ($9.25M), and Italy ($8.71M).

In 2022, United States imported $997M in Aluminium Wire, mainly from Canada ($682M), India ($133M), Russia ($51.8M), Argentina ($34.1M), and Bahrain ($33.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR United States WERE (2021 - 2022):
Czechia$4.66M (85.7%)
Canada$4.63M (21.9%)
Mexico$3.87M (16.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY United States WERE (2021 - 2022):
Japan-$2.38M (-38.3%)
Belgium-$1.88M (-46.5%)
China-$765k (-7.64%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $2.41M
TOP IMPORT POTENTIALIndia+ $20.2M

Aluminium Wire’s highest export potential is Italy. With an export gap of $2.41M.   Aluminium Wire’s highest import potential is India with an import gap of $20.2M.

See methodology.

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