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2023
Exports $202MWorld Rnk 4 / 88
Flag Rnk 756 / 1215
2023
Destination $10.1M India
2022 - 2023
FASTEST GROWING MARKET $10.1MIndia
2023
PRODUCT COMPLEXITY IN Aluminium Ore-2.35Rnk 1012 / 1025
2023
Imports $8.27BWorld Rnk 1 / 112
Flag Rnk 35 / 1214
2023
Origin $1.89B Guinea
2022 - 2023
FASTEST GROWING ORIGIN $1.89BGuinea
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $202M in Aluminium Ore, making it the 4th largest exporter of Aluminium Ore in the world. At the same year, Aluminium Ore was the 756th most exported product in China. The main destination of Aluminium Ore exports from China are: India ($40.9M), United States ($30.6M), Germany ($12.2M), Turkey ($11.3M), and France ($10.6M).

The fastest growing export markets for Aluminium Ore of China between 2022 and 2023 were India ($10.1M), Italy ($1.67M), and Finland ($1.51M).

Imports In 2023, China imported $8.27B in Aluminium Ore, becoming the 1st largest importer of Aluminium Ore in the world. At the same year, Aluminium Ore was the 35th most imported product in China. China imports Aluminium Ore primarily from: Guinea ($6.39B), Australia ($1.47B), Indonesia ($108M), Ghana ($85.3M), and Turkey ($61.3M).

The fastest growing import markets in Aluminium Ore for China between 2022 and 2023 were Guinea ($1.89B), Australia ($179M), and Ghana ($52.7M).

COMPANIES In 2024, leading companies such as RHI Magnesita (48) were at the forefront of shipping Aluminium Ore from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Aluminium Ore exports accounted up to $358k and imports accounted up to $1.08B, resulting in a negative trade balance of $1.08B. Between December 2023 and December 2024 the exports of China's   Aluminium Ore have decreased by $-1.15M (-76.3%) from $1.51M to $358k, while imports increased by $335M (45.2%) from $742M to $1.08B.

Destinations In December 2024, Aluminium Ore were exported mostly to France ($245k), India ($49.5k), South Korea ($33.3k), and Turkey ($29.7k), and were imported mostly from Guinea ($761M), Australia ($220M), Turkey ($34.7M), Laos ($16.2M), and Ghana ($14.5M).

Growth In December 2024, the decrease in Aluminium Ore's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the increase in Aluminium Ore's year-by-year imports was explained primarily by an increase in imports from Australia ($70.5M or 63.7%) and Guinea ($4.8M or 0.78%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-1.15M(-76.3%)
IMPORT GROWTH (December 2023 - December 2024)$335M(45.2%)
MAIN EXPORTER (December 2024)Guangdong Province$1.59M
MAIN DESTINATION (December 2024)France$245k

This section shows Aluminium Ore's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Aluminium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$202M
IMPORTS (2023)$8.27B
NET TRADE (2023)-$8.07B

In 2023, China exported $202M in Aluminium Ore. The main destinations of China exports on Aluminium Ore were India ($40.9M), United States ($30.6M), Germany ($12.2M), Turkey ($11.3M), and France ($10.6M).

In 2023, China imported $8.27B in Aluminium Ore, mainly from Guinea ($6.39B), Australia ($1.47B), Indonesia ($108M), Ghana ($85.3M), and Turkey ($61.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Ore EXPORT MARKETS FOR China WERE (2022 - 2023):
India$10.1M (32.8%)
Italy$1.67M (65.4%)
Finland$1.51M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Ore BY China WERE (2022 - 2023):
Turkey-$16.6M (-59.5%)
France-$10.2M (-49.2%)
Germany-$9.19M (-42.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Aluminium Ore were:
Guinea $7.62B
Australia $1.49B
Brazil $205M
In 2023, China's main importing competitors in Aluminium Ore were:
United Arab Emirates $675M
India $281M

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Trade Value of Aluminium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $13.6M
TOP IMPORT POTENTIALTurkey+ $11.2M

Aluminium Ore’s highest export potential is India. With an export gap of $13.6M.   Aluminium Ore’s highest import potential is Turkey with an import gap of $11.2M.

See methodology.

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