2022
Exports
$203MWorld Rnk 13 / 118
Flag Rnk 766 / 1216
2022
PRODUCT COMPLEXITY IN Aluminium Wire
-0.75Rnk 770 / 1025
2022
Imports
$69.6MWorld Rnk 24 / 195
Flag Rnk 720 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $203M in Aluminium Wire, making it the 13th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 766th most exported product in China. The main destination of Aluminium Wire exports from China are: Vietnam ($25.7M), Turkey ($16.5M), Indonesia ($13.8M), South Korea ($11.8M), and Brazil ($10.2M).

The fastest growing export markets for Aluminium Wire of China between 2021 and 2022 were Turkey ($5.1M), Russia ($3.36M), and United Arab Emirates ($3.14M).

Imports In 2022, China imported $69.6M in Aluminium Wire, becoming the 24th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 720th most imported product in China. China imports Aluminium Wire primarily from: United States ($9.25M), Italy ($9.14M), South Korea ($7.9M), Singapore ($7.5M), and Netherlands ($5.71M).

The fastest growing import markets in Aluminium Wire for China between 2021 and 2022 were India ($561k), Bahrain ($515k), and Netherlands ($284k).

COMPANIES In 2023, leading companies such as Costco Wholesale (23) and Walmart (1) were at the forefront of shipping Aluminium Wire from China to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Aluminium Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$203M
IMPORTS (2022)$69.6M
NET TRADE (2022)$133M

In 2022, China exported $203M in Aluminium Wire. The main destinations of China exports on Aluminium Wire were Vietnam ($25.7M), Turkey ($16.5M), Indonesia ($13.8M), South Korea ($11.8M), and Brazil ($10.2M).

In 2022, China imported $69.6M in Aluminium Wire, mainly from United States ($9.25M), Italy ($9.14M), South Korea ($7.9M), Singapore ($7.5M), and Netherlands ($5.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR China WERE (2021 - 2022):
Turkey$5.1M (44.9%)
Russia$3.36M (56.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY China WERE (2021 - 2022):
Indonesia-$4.36M (-24.1%)
Vietnam-$2.62M (-9.24%)
United States-$1.51M (-18.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Aluminium Wire were:
In 2022, China's main importing competitors in Aluminium Wire were:

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.44M
TOP IMPORT POTENTIALMalaysia+ $3.7M

Aluminium Wire’s highest export potential is United States. With an export gap of $8.44M.   Aluminium Wire’s highest import potential is Malaysia with an import gap of $3.7M.

See methodology.

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