Insulated wire, cable and other electric conductors, connector fitted or not; optical fibre cables of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors

8544 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Insulated Wire. In 2023, Insulated Wire were the world's 19th most traded product, with a total trade of $161B. Between 2022 and 2023 the exports of Insulated Wire grew by 0.16%, from $160B to $161B. Trade in Insulated Wire represent 0.71% of total world trade.

Insulated Wire are a part of Electrical machinery and electronics. They include Ignition & Wiring Sets for Vehicles, Aircraft & Ships, Electric conductors, nes < 80 volts, with connectors, Electric conductors, 80-1,000 volts, no connectors, Electric conductors, nes < 80 volts, no connectors, Electric conductors, for over 1,000 volts, nes, Co-axial cable and other co-axial electric conductors, Optical fibres and cables, Insulated winding wire of copper, Electric conductors, 80-1,000 volts, with connectors, and Insulated winding wire, nes, among others.

Exports In 2023 the top exporters of Insulated Wire  were China ($30.3B), Mexico ($17.9B), United States ($10.1B), Germany ($9.28B), and Vietnam ($6.83B).

Imports In 2023 the top importers of Insulated Wire were United States ($29.8B), Germany ($15.2B), Japan ($8.89B), Mexico ($7.92B), and France ($5.56B).

Ranking Insulated Wire ranks 685th in the Product Complexity Index (PCI).

Description Optical fibre cables are used to transmit information over long distances. They can be made from a variety of materials, including glass, plastic, and metal.

Latest Data

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The following visualization shows the latest trends on Insulated 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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$30.3B
Top Destination (2023)United States$29.8B

In 2023 Insulated Wire were the world's 19th most traded product (out of 1,217).

In 2023, the top exporters of Insulated Wire were China ($30.3B), Mexico ($17.9B), United States ($10.1B), Germany ($9.28B), and Vietnam ($6.83B).

In 2023, the top importers of Insulated Wire were United States ($29.8B), Germany ($15.2B), Japan ($8.89B), Mexico ($7.92B), and France ($5.56B).

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Exporters of Insulated Wire (2023)
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Importers of Insulated Wire (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$1.21B
Top Destination Growth (2022 -  2023)Spain$876M

Between 2022 and 2023, the exports of Insulated Wire grew the fastest in Mexico ($1.21B), Morocco ($1.16B), Czechia ($552M), Tunisia ($468M), and Serbia ($325M).

Between 2022 and 2023, the fastest growing importers of Insulated Wire were Spain ($876M), Germany ($706M), Japan ($458M), Morocco ($368M), and Turkey ($290M).

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Exporters of Insulated Wire (2022 - 2023)

Importers of Insulated Wire (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.91. This means that most of the exports of Insulated Wire are explained by 30 countries.

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Value of Exports in Insulated Wire

Net Trade

TOP NET EXPORTER (2023)China$26.1B
TOP NET IMPORTER (2023)United States$19.7B

This map shows which countries export or import more of Insulated Wire. Each country is colored based on the difference in exports and imports of Insulated Wire during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Insulated Wire were China ($26.1B), Mexico ($9.96B), Vietnam ($4.58B), Morocco ($3.72B), and Tunisia ($2.66B).

In 2023, the countries that had a largest trade value in imports than in exports of Insulated Wire were United States ($19.7B), Japan ($6.62B), Germany ($5.97B), United Kingdom ($3.76B), and Canada ($3.19B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Insulated Wire, disaggragated by their HS6 level were Ignition & Wiring Sets for Vehicles,... ($52.6B), Electric conductors, nes < 80 volts,... ($38.2B), Electric conductors, nes < 80 volts,... ($36.9B), Electric conductors, for over 1,000 volts,... ($10.2B), and Optical fibres and cables ($9.37B)

HS6 Disaggregation for Insulated Wire (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Insulated Wire by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $164M
TOP IMPORT POTENTIALChina+ $189M

Insulated Wire’s highest export potential is China. With an export gap of $164M.  Insulated Wire’s highest import potential is China with an import gap of $189M.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Country by Relatedness

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

Relative Relatedness by Country (2023)

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