2022
Exports
$425MWorld Rnk 3 / 118
Flag Rnk 182 / 1212
2022
PRODUCT COMPLEXITY IN Aluminium Wire
-0.75Rnk 770 / 1025
2022
Imports
$36.8MWorld Rnk 40 / 195
Flag Rnk 659 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $425M in Aluminium Wire, making it the 3rd largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 182nd most exported product in India. The main destination of Aluminium Wire exports from India are: United States ($133M), Saudi Arabia ($67.2M), Vietnam ($43.6M), Nepal ($28M), and Mexico ($25.7M).

The fastest growing export markets for Aluminium Wire of India between 2021 and 2022 were United States ($21.7M), Saudi Arabia ($18.3M), and Nepal ($12M).

Imports In 2022, India imported $36.8M in Aluminium Wire, becoming the 40th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 659th most imported product in India. India imports Aluminium Wire primarily from: N/A.

The fastest growing import markets in Aluminium Wire for India between 2021 and 2022 were Belgium ($1.96M), Mozambique ($1.02M), and Germany ($554k).

COMPANIES In 2023, leading companies such as Polyplex (1) were at the forefront of shipping Aluminium Wire from India to the United States.

Latest Trends

May 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)$425M
IMPORTS (2022)$36.8M
NET TRADE (2022)$388M

In 2022, India exported $425M in Aluminium Wire. The main destinations of India exports on Aluminium Wire were United States ($133M), Saudi Arabia ($67.2M), Vietnam ($43.6M), Nepal ($28M), and Mexico ($25.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$21.7M (19.5%)
Saudi Arabia$18.3M (37.4%)
Nepal$12M (75.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY India WERE (2021 - 2022):
Brazil-$9.52M (-61.1%)
Sri Lanka-$7.54M (-72.1%)
Australia-$4.79M (-70.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Aluminium Wire were:
In 2022, India'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+ $20.2M
TOP IMPORT POTENTIALChina+ $4.82M

Aluminium Wire’s highest export potential is United States. With an export gap of $20.2M.   Aluminium Wire’s highest import potential is China with an import gap of $4.82M.

See methodology.

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