2023
Exports
$897MWorld Rnk 9 / 144
Flag Rnk 443 / 1215
2023
PRODUCT COMPLEXITY IN Copper Wire
-0.49Rnk 700 / 1025
2023
Imports
$947MWorld Rnk 6 / 205
Flag Rnk 224 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $897M in Copper Wire, making it the 9th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 443rd most exported product in China. The main destination of Copper Wire exports from China are: Vietnam ($136M), Thailand ($122M), Philippines ($98.9M), India ($76.1M), and Malaysia ($57.2M).

The fastest growing export markets for Copper Wire of China between 2022 and 2023 were Philippines ($30.3M), Thailand ($23.1M), and India ($19.8M).

Imports In 2023, China imported $947M in Copper Wire, becoming the 6th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 224th most imported product in China. China imports Copper Wire primarily from: Indonesia ($347M), Malaysia ($174M), Vietnam ($94.5M), Chinese Taipei ($85M), and Japan ($74.4M).

The fastest growing import markets in Copper Wire for China between 2022 and 2023 were Indonesia ($49.2M), Malaysia ($34.6M), and Egypt ($6.12M).

COMPANIES In 2024, leading companies such as CrimsonLogic (40), IKEA Group (7), and Dollarama (5) were at the forefront of shipping Copper Wire from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$18.4M(23.3%)
IMPORT GROWTH (December 2023 - December 2024)$-16.1M(-19.6%)
MAIN EXPORTER (December 2024)Guangdong Province$58.4M
MAIN DESTINATION (December 2024)India$15.2M

This section shows Copper 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 Copper Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$897M
IMPORTS (2023)$947M
NET TRADE (2023)-$49.9M

In 2023, China exported $897M in Copper Wire. The main destinations of China exports on Copper Wire were Vietnam ($136M), Thailand ($122M), Philippines ($98.9M), India ($76.1M), and Malaysia ($57.2M).

In 2023, China imported $947M in Copper Wire, mainly from Indonesia ($347M), Malaysia ($174M), Vietnam ($94.5M), Chinese Taipei ($85M), and Japan ($74.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR China WERE (2022 - 2023):
Philippines$30.3M (44.1%)
Thailand$23.1M (23.3%)
India$19.8M (35.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY China WERE (2022 - 2023):
Vietnam-$30M (-18.1%)
Germany-$22M (-55%)
Hong Kong-$16M (-58.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Copper Wire were:
In 2023, China's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $51.7M
TOP IMPORT POTENTIALVietnam+ $48.4M

Copper Wire’s highest export potential is India. With an export gap of $51.7M.   Copper Wire’s highest import potential is Vietnam with an import gap of $48.4M.

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