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 2022, Insulated Wire were the world's 15th most traded product, with a total trade of $162B. Between 2021 and 2022 the exports of Insulated Wire grew by 7.82%, from $151B to $162B. Trade in Insulated Wire represent 0.69% of total world trade.

Insulated Wire are a part of Electrical machinery and electronics. They include Ignition/other wiring sets for vehicles/aircraft/ship, 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, Insulated winding wire of copper, Optical fibres and cables, Electric conductors, 80-1,000 volts, with connectors, and Insulated winding wire, nes, among others.

Exports In 2022 the top exporters of Insulated Wire  were China ($33.9B), Mexico ($16.6B), United States ($11B), Germany ($10B), and Vietnam ($6.63B).

Imports In 2022 the top importers of Insulated Wire were United States ($29.8B), Germany ($15.4B), Mexico ($8.28B), Japan ($8.13B), and China ($5.66B).

Ranking Insulated Wire ranks 734th 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.

Historical Data

Exporters and Importers

Top Origin (2022)China$33.9B
Top Destination (2022)United States$29.8B

In 2022 Insulated Wire were the world's 15th most traded product (out of 1,218).

In 2022, the top exporters of Insulated Wire were China ($33.9B), Mexico ($16.6B), United States ($11B), Germany ($10B), and Vietnam ($6.63B).

In 2022, the top importers of Insulated Wire were United States ($29.8B), Germany ($15.4B), Mexico ($8.28B), Japan ($8.13B), and China ($5.66B).

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Exporters of Insulated Wire (2022)
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Importers of Insulated Wire (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$2.47B
Top Destination Growth (2021 -  2022)United States$4.39B

Between 2021 and 2022, the exports of Insulated Wire grew the fastest in Mexico ($2.47B), China ($2.21B), United States ($1.75B), India ($632M), and Morocco ($589M).

Between 2021 and 2022, the fastest growing importers of Insulated Wire were United States ($4.39B), Mexico ($1.8B), Canada ($737M), Germany ($660M), and Kuwait ($496M).

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Exporters of Insulated Wire (2021 - 2022)

Importers of Insulated Wire (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.86. This means that most of the exports of Insulated Wire are explained by 28 countries.

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Value of Exports in Insulated Wire

Net Trade

TOP NET EXPORTER (2022)China$28.2B
TOP NET IMPORTER (2022)United States$18.8B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Insulated Wire were China ($28.2B), Mexico ($8.36B), Vietnam ($4.08B), Morocco ($3.44B), and Turkey ($2.39B).

In 2022, the countries that had a largest trade value in imports than in exports of Insulated Wire were United States ($18.8B), Japan ($5.86B), Germany ($5.38B), United Kingdom ($3.74B), and Canada ($2.98B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Insulated Wire, disaggragated by their HS6 level were Ignition/other wiring sets for vehicles/aircraft/ship ($45.8B), Electric conductors, nes < 80 volts,... ($41.4B), Electric conductors, nes < 80 volts,... ($39.2B), Optical fibres and cables ($11B), and Electric conductors, for over 1,000 volts,... ($9.99B)

HS6 Disaggregation for Insulated Wire (2022)
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Country Comparison

Flow
Measure
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

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 (2022)

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 (2022)

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