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2022
Exports $42.5BWorld Rnk 1 / 223
Flag Rnk 15 / 96
2022
Destination $899M United States
2021 - 2022
FASTEST GROWING MARKET $899MMexico
2022
PRODUCT COMPLEXITY IN Aluminum articles1.01Rnk 168 / 1025
2022
Imports $9.58BWorld Rnk 8 / 226
Flag Rnk 28 / 96
2022
Origin $521M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $521MRussia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $42.5B in Aluminum articles, making it the 1st largest exporter of Aluminum articles in the world. At the same year, Aluminum articles was the 15th most exported product in China. The main destination of Aluminum articles exports from China are: United States ($4.45B), Mexico ($2.83B), Japan ($2.26B), South Korea ($2.16B), and Vietnam ($1.98B).

The fastest growing export markets for Aluminum articles of China between 2021 and 2022 were Mexico ($899M), South Korea ($530M), and Vietnam ($525M).

Imports In 2022, China imported $9.58B in Aluminum articles, becoming the 8th largest importer of Aluminum articles in the world. At the same year, Aluminum articles was the 28th most imported product in China. China imports Aluminum articles primarily from: Malaysia ($1.68B), South Korea ($1.36B), Russia ($1.29B), Japan ($1.06B), and Chinese Taipei ($418M).

The fastest growing import markets in Aluminum articles for China between 2021 and 2022 were Russia ($521M), South Korea ($182M), and Thailand ($90.4M).

COMPANIES In 2023, leading companies such as Amazon (296), CrimsonLogic (274), and IKEA Group (232) were at the forefront of shipping Aluminum articles from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Aluminum articles exports accounted up to $3.39B and imports accounted up to $1.27B, resulting in a positive trade balance of $2.11B. Between October 2023 and October 2024 the exports of China's   Aluminum articles have increased by $701M (26.1%) from $2.69B to $3.39B, while imports increased by $31.1M (2.51%) from $1.24B to $1.27B.

Destinations In October 2024, Aluminum articles were exported mostly to United States ($347M), Mexico ($236M), Japan ($169M), Vietnam ($168M), and Australia ($161M), and were imported mostly from Russia ($366M), Malaysia ($198M), Japan ($104M), South Korea ($89.3M), and Thailand ($82.8M).

Growth In October 2024, the increase in Aluminum articles's year-by-year exports was explained primarily by an increase in exports to India ($22.6M or 22.1%), Israel ($10.5M or 26.6%), and Paraguay ($4.8M or 310%). In October 2024, the increase in Aluminum articles's year-by-year imports was explained primarily by an increase in imports from Russia ($41.9M or 66.5%), Thailand ($18M or 91%), and Indonesia ($3.01M or 86.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$701M(26.1%)
IMPORT GROWTH (October 2023 - October 2024)$31.1M(2.51%)
MAIN EXPORTER (October 2024)Zhejiang Province$734M
MAIN DESTINATION (October 2024)United States$347M

This section shows Aluminum articles'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 Aluminum articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.5B
IMPORTS (2022)$9.58B
NET TRADE (2022)$32.9B

In 2022, China exported $42.5B in Aluminum articles. The main destinations of China exports on Aluminum articles were United States ($4.45B), Mexico ($2.83B), Japan ($2.26B), South Korea ($2.16B), and Vietnam ($1.98B).

In 2022, China imported $9.58B in Aluminum articles, mainly from Malaysia ($1.68B), South Korea ($1.36B), Russia ($1.29B), Japan ($1.06B), and Chinese Taipei ($418M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminum articles EXPORT MARKETS FOR China WERE (2021 - 2022):
Mexico$899M (46.6%)
South Korea$530M (32.5%)
Vietnam$525M (36.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminum articles BY China WERE (2021 - 2022):
Nigeria-$112M (-15.7%)
Ukraine-$62.8M (-44.9%)
Chile-$38.2M (-11.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Aluminum articles were:
Germany $20.8B
United States $14.2B
In 2022, China's main importing competitors in Aluminum articles were:
United States $36.9B
Germany $27.1B
Netherlands $11.2B

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Trade Value of Aluminum articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $736M
TOP IMPORT POTENTIALRussia+ $922M

Aluminum articles’s highest export potential is India. With an export gap of $736M.   Aluminum articles’s highest import potential is Russia with an import gap of $922M.

See methodology.

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