2022
Exports
$518MWorld Rnk 2 / 117
Flag Rnk 160 / 1212
2022
PRODUCT COMPLEXITY IN Stranded Aluminium Wire
-0.74Rnk 768 / 1025
2022
Imports
$5.55MWorld Rnk 68 / 203
Flag Rnk 943 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $518M in Stranded Aluminium Wire, making it the 2nd largest exporter of Stranded Aluminium Wire in the world. At the same year, Stranded Aluminium Wire was the 160th most exported product in India. The main destination of Stranded Aluminium Wire exports from India are: Bangladesh ($161M), United States ($159M), Mozambique ($15.3M), Colombia ($14.4M), and Iraq ($14.3M).

The fastest growing export markets for Stranded Aluminium Wire of India between 2021 and 2022 were United States ($121M), Bangladesh ($75.1M), and Iraq ($12.6M).

Imports In 2022, India imported $5.55M in Stranded Aluminium Wire, becoming the 68th largest importer of Stranded Aluminium Wire in the world. At the same year, Stranded Aluminium Wire was the 943rd most imported product in India. India imports Stranded Aluminium Wire primarily from: Mozambique ($2.79M), Oman ($871k), Japan ($799k), United Kingdom ($339k), and Iraq ($244k).

The fastest growing import markets in Stranded Aluminium Wire for India between 2021 and 2022 were Mozambique ($1.52M), Oman ($843k), and United Kingdom ($316k).

COMPANIES In 2023, leading companies such as TE Connectivity (4) and ABB Motors and Mechanical (1) were at the forefront of shipping Stranded Aluminium Wire from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Stranded Aluminium Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$518M
IMPORTS (2022)$5.55M
NET TRADE (2022)$512M

In 2022, India exported $518M in Stranded Aluminium Wire. The main destinations of India exports on Stranded Aluminium Wire were Bangladesh ($161M), United States ($159M), Mozambique ($15.3M), Colombia ($14.4M), and Iraq ($14.3M).

In 2022, India imported $5.55M in Stranded Aluminium Wire, mainly from Mozambique ($2.79M), Oman ($871k), Japan ($799k), United Kingdom ($339k), and Iraq ($244k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Aluminium Wire EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$121M (319%)
Bangladesh$75.1M (87.8%)
Iraq$12.6M (715%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Aluminium Wire BY India WERE (2021 - 2022):
Turkmenistan-$11.6M (-100%)
Germany-$9.6M (-89.8%)
Georgia-$7.12M (-54%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Stranded Aluminium Wire were:
In 2022, India's main importing competitors in Stranded Aluminium Wire were:

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Trade Value of Stranded Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.34M
TOP IMPORT POTENTIALChina+ $401k

Stranded Aluminium Wire’s highest export potential is Germany. With an export gap of $3.34M.   Stranded Aluminium Wire’s highest import potential is China with an import gap of $401k.

See methodology.

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