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760529 (Harmonized System 1992 for 6-digit)

2023
World Trade $370MRnk 3143 / 4644
2023
Top Exporter | Top Importer $84.3M | $27.9MChina | United States
2023
Product Complexity 0.83Rnk 1061 / 4656
2022 - 2023
Export Growth (CAGR) -14.9%Rnk 3215 / 4644
2023
Share of World Trade 0.0016%Rnk 3143 / 4644

About

Overview This page contains the latest trade data of Wire, aluminium alloy, t < 7mm. In 2023, Wire, aluminium alloy, t < 7mm were the world's 3143rd most traded product, with a total trade of $370M. Between 2022 and 2023 the exports of Wire, aluminium alloy, t < 7mm decreased by -14.9%, from $435M to $370M. Trade in Wire, aluminium alloy, t < 7mm represent 0.0016% of total world trade.

Wire, aluminium alloy, t < 7mm are a part of Aluminium Wire.

Exports In 2023 the top exporters of Wire, aluminium alloy, t < 7mm  were China ($84.3M), Italy ($40.1M), United States ($33.4M), Germany ($32.7M), and Canada ($29.3M).

Imports In 2023 the top importers of Wire, aluminium alloy, t < 7mm were United States ($27.9M), Germany ($24.6M), Mexico ($20.4M), Vietnam ($19.5M), and China ($16.7M).

Ranking Wire, aluminium alloy, t < 7mm ranks 1061st in the Product Complexity Index (PCI).

Description Wire is used in everything from plastics and construction to entertainment and electrical wiring. Aluminium alloy is used in cars, airplanes, bicycles, and construction. It is also used in cookware. T < 7mm is used in many manufacturing processes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire, aluminium alloy, t < 7mm. 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$84.3M
Top Destination (2023)United States$27.9M

In 2023 Wire, aluminium alloy, t < 7mm were the world's 3143rd most traded product (out of 4,644).

In 2023, the top exporters of Wire, aluminium alloy, t < 7mm were China ($84.3M), Italy ($40.1M), United States ($33.4M), Germany ($32.7M), and Canada ($29.3M).

In 2023, the top importers of Wire, aluminium alloy, t < 7mm were United States ($27.9M), Germany ($24.6M), Mexico ($20.4M), Vietnam ($19.5M), and China ($16.7M).

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Exporters of Wire, aluminium alloy, t < 7mm (2023)
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Importers of Wire, aluminium alloy, t < 7mm (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Thailand$6.24M
Top Destination Growth (2022 -  2023)Philippines$4.09M

Between 2022 and 2023, the exports of Wire, aluminium alloy, t < 7mm grew the fastest in Thailand ($6.24M), Hungary ($1.51M), Italy ($1.48M), Saudi Arabia ($790k), and Greece ($542k).

Between 2022 and 2023, the fastest growing importers of Wire, aluminium alloy, t < 7mm were Philippines ($4.09M), Mexico ($2.37M), Italy ($2.03M), Hong Kong ($1.8M), and Russia ($1.43M).

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Exporters of Wire, aluminium alloy, t < 7mm (2022 - 2023)

Importers of Wire, aluminium alloy, t < 7mm (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, aluminium alloy, t < 7mm.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Wire, aluminium alloy, t < 7mm are explained by 16 countries.

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Value of Exports in Wire, aluminium alloy, t < 7mm

Net Trade

TOP NET EXPORTER (2023)China$67.7M
TOP NET IMPORTER (2023)Mexico$20.3M

This map shows which countries export or import more of Wire, aluminium alloy, t < 7mm. Each country is colored based on the difference in exports and imports of Wire, aluminium alloy, t < 7mm during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wire, aluminium alloy, t < 7mm were China ($67.7M), Italy ($31.1M), Canada ($21.5M), Japan ($16.4M), and Germany ($8.05M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire, aluminium alloy, t < 7mm were Mexico ($20.3M), Vietnam ($15.3M), Brazil ($12.4M), Chinese Taipei ($9.97M), and Turkey ($9.41M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Wire, aluminium alloy, t < 7mm.
It is possible to select the main countries that export or import Wire, aluminium alloy, t < 7mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire, aluminium alloy, t < 7mm 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 (2023)

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