Sign In
Pricing

2022
Exports $33.9BWorld Rnk 1 / 222
Flag Rnk 17 / 1216
2022
Destination $529M United States
2021 - 2022
FASTEST GROWING MARKET $529MUnited States
2022
PRODUCT COMPLEXITY IN Insulated Wire-0.59Rnk 723 / 1025
2022
Imports $5.66BWorld Rnk 5 / 225
Flag Rnk 60 / 1212
2022
Origin $76M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $76MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $33.9B in Insulated Wire, making it the 1st largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 17th most exported product in China. The main destination of Insulated Wire exports from China are: United States ($4.59B), Hong Kong ($2.27B), South Korea ($2.26B), Japan ($2.22B), and Mexico ($1.8B).

The fastest growing export markets for Insulated Wire of China between 2021 and 2022 were United States ($529M), Mexico ($340M), and Indonesia ($329M).

Imports In 2022, China imported $5.66B in Insulated Wire, becoming the 5th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 60th most imported product in China. China imports Insulated Wire primarily from: Vietnam ($1.08B), China ($1B), South Korea ($757M), Germany ($738M), and Japan ($440M).

The fastest growing import markets in Insulated Wire for China between 2021 and 2022 were South Korea ($76M), Vietnam ($64.5M), and Philippines ($46.5M).

COMPANIES In 2023, leading companies such as Electrolux (86), Linak (78), and TE Connectivity (60) were at the forefront of shipping Insulated Wire from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Insulated Wire exports accounted up to $2.53B and imports accounted up to $421M, resulting in a positive trade balance of $2.11B. Between September 2023 and September 2024 the exports of China's   Insulated Wire have increased by $102M (4.19%) from $2.43B to $2.53B, while imports decreased by $-42.7M (-9.21%) from $464M to $421M.

Destinations In September 2024, Insulated Wire were exported mostly to United States ($343M), Hong Kong ($207M), Japan ($170M), Vietnam ($162M), and South Korea ($154M), and were imported mostly from Vietnam ($91.4M), China ($56.5M), South Korea ($39.8M), United States ($35.9M), and Japan ($31.3M).

Growth In September 2024, the increase in Insulated Wire's year-by-year exports was explained primarily by an increase in exports to Turkey ($7.72M or 51.5%), Mexico ($6.99M or 8.84%), and Democratic Republic of the Congo ($5.17M or 88.7%). In September 2024, the decrease in Insulated Wire's year-by-year imports was explained primarily by a decrease in imports from China ($-64.5M or -54.8%), Vietnam ($-31.4M or -21.1%), and South Korea ($-17.9M or -31.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$102M(4.19%)
IMPORT GROWTH (September 2023 - September 2024)$-42.7M(-9.21%)
MAIN EXPORTER (September 2024)Guangdong Province$783M
MAIN DESTINATION (September 2024)United States$343M

This section shows Insulated Wire'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 Insulated Wire over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$33.9B
IMPORTS (2022)$5.66B
NET TRADE (2022)$28.2B

In 2022, China exported $33.9B in Insulated Wire. The main destinations of China exports on Insulated Wire were United States ($4.59B), Hong Kong ($2.27B), South Korea ($2.26B), Japan ($2.22B), and Mexico ($1.8B).

In 2022, China imported $5.66B in Insulated Wire, mainly from Vietnam ($1.08B), China ($1B), South Korea ($757M), Germany ($738M), and Japan ($440M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$529M (13%)
Mexico$340M (23.3%)
Indonesia$329M (50.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY China WERE (2021 - 2022):
Hong Kong-$549M (-19.5%)
China-$273M (-21.4%)
Egypt-$39.9M (-21.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Insulated Wire were:
Mexico $16.6B
United States $11B
In 2022, China's main importing competitors in Insulated Wire were:
United States $29.8B
Germany $15.4B
Mexico $8.28B

Explore Visualizations

Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.06B
TOP IMPORT POTENTIALVietnam+ $467M

Insulated Wire’s highest export potential is United States. With an export gap of $1.06B.   Insulated Wire’s highest import potential is Vietnam with an import gap of $467M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms