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2022
Exports $1.13BWorld Rnk 18 / 152
Flag Rnk 408 / 1216
2022
Destination $142M Japan
2021 - 2022
FASTEST GROWING MARKET $142MNetherlands
2022
PRODUCT COMPLEXITY IN Raw Aluminium-1.12Rnk 859 / 1025
2022
Imports $4.66BWorld Rnk 7 / 187
Flag Rnk 74 / 1212
2022
Origin $515M Russia
2021 - 2022
FASTEST GROWING ORIGIN $515MRussia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.13B in Raw Aluminium, making it the 18th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 408th most exported product in China. The main destination of Raw Aluminium exports from China are: Japan ($355M), Netherlands ($149M), South Korea ($134M), Hong Kong ($101M), and Montenegro ($58.5M).

The fastest growing export markets for Raw Aluminium of China between 2021 and 2022 were Netherlands ($142M), South Korea ($124M), and Japan ($100M).

Imports In 2022, China imported $4.66B in Raw Aluminium, becoming the 7th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 74th most imported product in China. China imports Raw Aluminium primarily from: Russia ($1.25B), Malaysia ($1.17B), India ($362M), South Korea ($291M), and Vietnam ($220M).

The fastest growing import markets in Raw Aluminium for China between 2021 and 2022 were Russia ($515M), Iran ($62.8M), and Vietnam ($60.7M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (55), Mystic Apparel (1), and LG Electronics (1) were at the forefront of shipping Raw Aluminium from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Raw Aluminium exports accounted up to $89.3M and imports accounted up to $555M, resulting in a negative trade balance of $466M. Between September 2023 and September 2024 the exports of China's   Raw Aluminium have increased by $1.7M (1.94%) from $87.6M to $89.3M, while imports decreased by $-99M (-15.1%) from $654M to $555M.

Destinations In September 2024, Raw Aluminium were exported mostly to South Korea ($35.4M), Japan ($24.4M), Mexico ($14.9M), Thailand ($2.39M), and India ($1.64M), and were imported mostly from Russia ($229M), Malaysia ($107M), Indonesia ($32.7M), Thailand ($30.7M), and China ($28.1M).

Growth In September 2024, the increase in Raw Aluminium's year-by-year exports was explained primarily by an increase in exports to Japan ($15.8M or 154%), Mexico ($8.7M or 2.16k%), and Thailand ($2.43M or 246%). In September 2024, the decrease in Raw Aluminium's year-by-year imports was explained primarily by a decrease in imports from India ($-30.2M or -51.5%), South Korea ($-27.1M or -68.4%), and Nigeria ($-10.3M or -81.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$1.7M(1.94%)
IMPORT GROWTH (September 2023 - September 2024)$-99M(-15.1%)
MAIN EXPORTER (September 2024)Shandong Province$44.7M
MAIN DESTINATION (September 2024)South Korea$35.4M

This section shows Raw Aluminium'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 Raw Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.13B
IMPORTS (2022)$4.66B
NET TRADE (2022)-$3.53B

In 2022, China exported $1.13B in Raw Aluminium. The main destinations of China exports on Raw Aluminium were Japan ($355M), Netherlands ($149M), South Korea ($134M), Hong Kong ($101M), and Montenegro ($58.5M).

In 2022, China imported $4.66B in Raw Aluminium, mainly from Russia ($1.25B), Malaysia ($1.17B), India ($362M), South Korea ($291M), and Vietnam ($220M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR China WERE (2021 - 2022):
Netherlands$142M (2.11k%)
South Korea$124M (1.23k%)
Japan$100M (39.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY China WERE (2021 - 2022):
Nigeria-$29.7M (-84.2%)
Saudi Arabia-$2.49M (-80.6%)
Brazil-$2.11M (-72.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, China's main importing competitors in Raw Aluminium were:
United States $15B
Germany $8.08B
Japan $6.62B

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $48.6M
TOP IMPORT POTENTIALRussia+ $882M

Raw Aluminium’s highest export potential is South Korea. With an export gap of $48.6M.   Raw Aluminium’s highest import potential is Russia with an import gap of $882M.

See methodology.

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