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2022
Exports $74.9MWorld Rnk 44 / 200
Flag Rnk 911 / 1216
2022
Destination $2.58M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $2.58MParaguay
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $1.11BWorld Rnk 6 / 157
Flag Rnk 204 / 1212
2022
Origin $84.5M Japan
2021 - 2022
FASTEST GROWING ORIGIN $84.5MChinese Taipei
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $74.9M in Scrap Aluminium, making it the 44th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 911th most exported product in China. The main destination of Scrap Aluminium exports from China are: Hong Kong ($43.3M), South Korea ($12.2M), United Arab Emirates ($5.26M), Paraguay ($3.66M), and Japan ($2.93M).

The fastest growing export markets for Scrap Aluminium of China between 2021 and 2022 were Paraguay ($2.58M), South Korea ($779k), and United States ($607k).

Imports In 2022, China imported $1.11B in Scrap Aluminium, becoming the 6th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 204th most imported product in China. China imports Scrap Aluminium primarily from: Japan ($248M), Chinese Taipei ($110M), Thailand ($97.6M), United Kingdom ($77.2M), and United States ($73.7M).

The fastest growing import markets in Scrap Aluminium for China between 2021 and 2022 were Chinese Taipei ($84.5M), Thailand ($70.8M), and Japan ($47.7M).

COMPANIES In 2023, leading companies such as Amazon (279), Loblaws Supermarkets (50), and 99 Cents Only Stores (20) were at the forefront of shipping Scrap Aluminium from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Scrap Aluminium exports accounted up to $179k and imports accounted up to $272M, resulting in a negative trade balance of $272M. Between September 2023 and September 2024 the exports of China's   Scrap Aluminium have increased by $66k (58.2%) from $113k to $179k, while imports decreased by $-9.86M (-3.5%) from $282M to $272M.

Destinations In September 2024, Scrap Aluminium were exported mostly to Japan ($179k), and were imported mostly from Thailand ($57.5M), United Kingdom ($33.9M), Malaysia ($28.9M), Japan ($28M), and United States ($25.3M).

Growth In September 2024, the increase in Scrap Aluminium's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the decrease in Scrap Aluminium's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-55.1M or -60.1%), United States ($-24.4M or -63.8%), and United Kingdom ($-8.88M or -27.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$66k(58.2%)
IMPORT GROWTH (September 2023 - September 2024)$-9.86M(-3.5%)
MAIN EXPORTER (September 2024)Jiangsu Province$278k
MAIN DESTINATION (September 2024)Japan$179k

This section shows Scrap Aluminium'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 Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.9M
IMPORTS (2022)$1.11B
NET TRADE (2022)-$1.03B

In 2022, China exported $74.9M in Scrap Aluminium. The main destinations of China exports on Scrap Aluminium were Hong Kong ($43.3M), South Korea ($12.2M), United Arab Emirates ($5.26M), Paraguay ($3.66M), and Japan ($2.93M).

In 2022, China imported $1.11B in Scrap Aluminium, mainly from Japan ($248M), Chinese Taipei ($110M), Thailand ($97.6M), United Kingdom ($77.2M), and United States ($73.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR China WERE (2021 - 2022):
Paraguay$2.58M (239%)
South Korea$779k (6.82%)
United States$607k (389%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY China WERE (2021 - 2022):
Hong Kong-$26.4M (-37.8%)
Malaysia-$6.63M (-83.3%)
Chinese Taipei-$829k (-53.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Scrap Aluminium were:
United States $3.83B
Germany $2.28B
Canada $1.36B
In 2022, China's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $7.96M
TOP IMPORT POTENTIALUnited States+ $56.8M

Scrap Aluminium’s highest export potential is South Korea. With an export gap of $7.96M.   Scrap Aluminium’s highest import potential is United States with an import gap of $56.8M.

See methodology.

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