HS Icon Aluminium Wire

Aluminium wire

7605 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Aluminium Wire. In 2021, Aluminium Wire were the world's 535th most traded product, with a total trade of $5.08B. Between 2020 and 2021 the exports of Aluminium Wire grew by 34.1%, from $3.79B to $5.08B. Trade in Aluminium Wire represent 0.024% of total world trade.

Aluminium Wire are a part of Aluminum articles. They include Wire, aluminium, not alloyed, t > 7mm, Wire, aluminium alloy, t > 7mm, Wire, aluminium alloy, t < 7mm, and Wire, aluminium, not alloyed, t < 7mm.

Exports In 2021 the top exporters of Aluminium Wire  were Canada ($577M), Russia ($561M), Bahrain ($418M), India ($327M), and Netherlands ($298M).

Imports In 2021 the top importers of Aluminium Wire were United States ($927M), Germany ($323M), Italy ($232M), Spain ($225M), and Netherlands ($186M).

Tariffs In 2018 the average tariff for Aluminium Wire was 5.53%, making it the 755th lowest tariff using the HS4 product classification.

Ranking Aluminium Wire ranks 776th in the Product Complexity Index (PCI).

Description Aluminium wire is used in the production of other goods. It can be made from a variety of materials, including copper, iron, and aluminium.

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Flow
Y-AXIS SCALE

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

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

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Canada, $577M

Top Destination (2021): United States, $927M

Aluminium Wire are the world's 535th most traded product.

In 2021, the top exporters of Aluminium Wire were Canada ($577M), Russia ($561M), Bahrain ($418M), India ($327M), and Netherlands ($298M).

In 2021, the top importers of Aluminium Wire were United States ($927M), Germany ($323M), Italy ($232M), Spain ($225M), and Netherlands ($186M).

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Market Dynamics

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Trade by country

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Top Origin Growth (2020 -  2021): Canada, $192M

Top Destination Growth (2020 -  2021): United States, $293M

Between 2020 and 2021, the exports of Aluminium Wire grew the fastest in Canada ($192M), Netherlands ($172M), Russia ($145M), India ($117M), and Iceland ($105M).

Between 2020 and 2021, the fastest growing importers of Aluminium Wire were United States ($293M), Netherlands ($130M), Germany ($83.6M), Italy ($72.7M), and Poland ($63.6M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Aluminium Wire.

In 2021, market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Aluminium Wire are explained by 25 countries.

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TOP NET EXPORTER (2021): Canada, $539M

TOP NET IMPORTER (2021): United States, $821M

This map shows which countries export or import more of Aluminium Wire. Each country is colored based on the difference in exports and imports of Aluminium Wire during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Aluminium Wire were Canada ($539M), Russia ($538M), Bahrain ($388M), Iceland ($258M), and India ($241M).

In 2021, the countries that had a largest trade value in imports than in exports of Aluminium Wire were United States ($821M), Germany ($251M), Saudi Arabia ($162M), Italy ($133M), and Sweden ($125M).

Disaggregation

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Value

In 2021, the world most traded Aluminium Wire, disaggragated by their HS6 level were Wire, aluminium, not alloyed, t >... ($3.45B), Wire, aluminium alloy, t > 7mm ($942M), Wire, aluminium alloy, t < 7mm ($398M), and Wire, aluminium, not alloyed, t <... ($298M)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Aluminium Wire.
It is possible to select the main countries that export or import Aluminium Wire in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Aluminium Wire to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.