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Pricing

Aluminium; stranded wire, cables, plaited bands and the like, (not electrically insulated)

7614 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.19BRnk 761 / 1218
2022
Top Exporter | Top Importer $555M | $507MChina | United States
2022
Product Complexity -0.73Rnk 768 / 1033
2021 - 2022
Export Growth (CAGR) 36.4%Rnk 61 / 1218
2022
Share of World Trade 0.0092%Rnk 761 / 1218

About

Overview This page contains the latest trade data of Stranded Aluminium Wire. In 2022, Stranded Aluminium Wire were the world's 761st most traded product, with a total trade of $2.19B. Between 2021 and 2022 the exports of Stranded Aluminium Wire grew by 36.4%, from $1.6B to $2.19B. Trade in Stranded Aluminium Wire represent 0.0092% of total world trade.

Stranded Aluminium Wire are a part of Aluminum articles. They include Aluminium stranded wire, cable, plait, uninsulated ne and Aluminium wire, cables, etc, steel core, uninsulated.

Exports In 2022 the top exporters of Stranded Aluminium Wire  were China ($555M), India ($518M), Bahrain ($239M), Turkey ($158M), and Mexico ($94M).

Imports In 2022 the top importers of Stranded Aluminium Wire were United States ($507M), Bangladesh ($196M), Germany ($84.9M), Iraq ($52.8M), and United Kingdom ($48.7M).

Ranking Stranded Aluminium Wire ranks 768th in the Product Complexity Index (PCI).

Description Stranded wire is a type of wire that has been twisted together to form a long, thin strand. Stranded wire is used in the production of electrical cables and other products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Stranded 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.

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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 (2022)China$555M
Top Destination (2022)United States$507M

In 2022 Stranded Aluminium Wire were the world's 761st most traded product (out of 1,218).

In 2022, the top exporters of Stranded Aluminium Wire were China ($555M), India ($518M), Bahrain ($239M), Turkey ($158M), and Mexico ($94M).

In 2022, the top importers of Stranded Aluminium Wire were United States ($507M), Bangladesh ($196M), Germany ($84.9M), Iraq ($52.8M), and United Kingdom ($48.7M).

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Exporters of Stranded Aluminium Wire (2022)
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Importers of Stranded Aluminium Wire (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$196M
Top Destination Growth (2021 -  2022)United States$317M

Between 2021 and 2022, the exports of Stranded Aluminium Wire grew the fastest in India ($196M), China ($142M), Bahrain ($82.7M), Turkey ($49.9M), and Mexico ($46.8M).

Between 2021 and 2022, the fastest growing importers of Stranded Aluminium Wire were United States ($317M), Bangladesh ($77.4M), Colombia ($31.5M), Pakistan ($27.7M), and Chile ($23.2M).

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Exporters of Stranded Aluminium Wire (2021 - 2022)

Importers of Stranded Aluminium Wire (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Stranded Aluminium Wire are explained by 13 countries.

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Value of Exports in Stranded Aluminium Wire

Net Trade

TOP NET EXPORTER (2022)China$544M
TOP NET IMPORTER (2022)United States$473M

This map shows which countries export or import more of Stranded Aluminium Wire. Each country is colored based on the difference in exports and imports of Stranded Aluminium Wire during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Stranded Aluminium Wire were China ($544M), India ($512M), Bahrain ($238M), Turkey ($156M), and Mexico ($68.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Stranded Aluminium Wire were United States ($473M), Germany ($77.9M), Iraq ($52.6M), Pakistan ($48.5M), and United Kingdom ($46.8M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Stranded Aluminium Wire, disaggragated by their HS6 level were Aluminium stranded wire, cable, plait, uninsulated... ($1.13B) and Aluminium wire, cables, etc, steel core,... ($1.06B)

HS6 Disaggregation for Stranded Aluminium Wire (2022)
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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 Stranded Aluminium Wire.
It is possible to select the main countries that export or import Stranded Aluminium Wire in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Stranded Aluminium Wire by percentage of total exports

Potential Exports

Potential Exports

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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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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Stranded Aluminium Wire.

Country by Relatedness

The following visualization shows the relatedness of Stranded Aluminium 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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