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2022
Exports $207MWorld Rnk 4 / 86
Flag Rnk 759 / 1216
2022
Destination $11.2M United States
2021 - 2022
FASTEST GROWING MARKET $11.2MTurkey
2022
PRODUCT COMPLEXITY IN Aluminium Ore-2.31Rnk 1014 / 1025
2022
Imports $5.44BWorld Rnk 1 / 112
Flag Rnk 63 / 1212
2022
Origin $1.48B Guinea
2021 - 2022
FASTEST GROWING ORIGIN $1.48BGuinea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $207M in Aluminium Ore, making it the 4th largest exporter of Aluminium Ore in the world. At the same year, Aluminium Ore was the 759th most exported product in China. The main destination of Aluminium Ore exports from China are: United States ($31.9M), Turkey ($23.8M), Germany ($18.2M), Argentina ($14.5M), and France ($14.3M).

The fastest growing export markets for Aluminium Ore of China between 2021 and 2022 were Turkey ($11.2M), Argentina ($8.55M), and France ($5.15M).

Imports In 2022, China imported $5.44B in Aluminium Ore, becoming the 1st largest importer of Aluminium Ore in the world. At the same year, Aluminium Ore was the 63rd most imported product in China. China imports Aluminium Ore primarily from: Guinea ($3.79B), Australia ($845M), Indonesia ($675M), Montenegro ($41.4M), and Ghana ($27.5M).

The fastest growing import markets in Aluminium Ore for China between 2021 and 2022 were Guinea ($1.48B), Montenegro ($41.4M), and Ghana ($24.8M).

COMPANIES In 2023, leading companies such as RHI Magnesita (52) were at the forefront of shipping Aluminium Ore from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Aluminium Ore exports accounted up to $51.4k and imports accounted up to $831M, resulting in a negative trade balance of $831M. Between September 2023 and October 2024 the exports of China's   Aluminium Ore have decreased by $-44.3k (-46.3%) from $95.8k to $51.4k, while imports increased by $154M (22.7%) from $677M to $831M.

Destinations In October 2024, Aluminium Ore were exported mostly to Russia ($40.7k) and Australia ($10.8k), and were imported mostly from Guinea ($537M), Australia ($223M), Turkey ($19.7M), Brazil ($13.4M), and Ghana ($11.7M).

Growth In October 2024, the decrease in Aluminium Ore's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the increase in Aluminium Ore's year-by-year imports was explained primarily by an increase in imports from Guinea ($283M or 85.9%), Turkey ($3.14M or 37.7%), and Australia ($1.56M or 1.43%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - October 2024)$-44.3k(-46.3%)
IMPORT GROWTH (October 2023 - October 2024)$154M(22.7%)
MAIN EXPORTER (October 2024)Guangdong Province$1.59M
MAIN DESTINATION (October 2024)Russia$40.7k

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 (2022)$207M
IMPORTS (2022)$5.44B
NET TRADE (2022)-$5.23B

In 2022, China exported $207M in Aluminium Ore. The main destinations of China exports on Aluminium Ore were United States ($31.9M), Turkey ($23.8M), Germany ($18.2M), Argentina ($14.5M), and France ($14.3M).

In 2022, China imported $5.44B in Aluminium Ore, mainly from Guinea ($3.79B), Australia ($845M), Indonesia ($675M), Montenegro ($41.4M), and Ghana ($27.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Ore EXPORT MARKETS FOR China WERE (2021 - 2022):
Turkey$11.2M (88.6%)
Argentina$8.55M (145%)
France$5.15M (56.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Ore BY China WERE (2021 - 2022):
India-$29.6M (-72.4%)
United States-$17.6M (-35.6%)
Iran-$5.57M (-99.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Aluminium Ore were:
Guinea $4.65B
Australia $865M
Indonesia $675M
In 2022, China's main importing competitors in Aluminium Ore were:
India $269M
Spain $224M

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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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