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2022
Exports $33.9MWorld Rnk 11 / 117
Flag Rnk 915 / 1217
2022
Destination $5.5M Canada
2021 - 2022
FASTEST GROWING MARKET $5.5MFrance
2022
PRODUCT COMPLEXITY IN Stranded Aluminium Wire-0.74Rnk 768 / 1025
2022
Imports $507MWorld Rnk 1 / 203
Flag Rnk 536 / 1216
2022
Origin $121M India
2021 - 2022
FASTEST GROWING ORIGIN $121MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $33.9M in Stranded Aluminium Wire, making it the 11th largest exporter of Stranded Aluminium Wire in the world. At the same year, Stranded Aluminium Wire was the 915th most exported product in United States. The main destination of Stranded Aluminium Wire exports from United States are: Canada ($14.1M), France ($7.65M), Mexico ($2.57M), Sweden ($2.45M), and Brazil ($1.12M).

The fastest growing export markets for Stranded Aluminium Wire of United States between 2021 and 2022 were France ($5.5M), Sweden ($2.45M), and Mexico ($1.97M).

Imports In 2022, United States imported $507M in Stranded Aluminium Wire, becoming the 1st largest importer of Stranded Aluminium Wire in the world. At the same year, Stranded Aluminium Wire was the 536th most imported product in United States. United States imports Stranded Aluminium Wire primarily from: India ($159M), Bahrain ($129M), Mexico ($91.8M), Turkey ($46.6M), and Canada ($36.6M).

The fastest growing import markets in Stranded Aluminium Wire for United States between 2021 and 2022 were India ($121M), Bahrain ($78M), and Mexico ($47.1M).

COMPANIES In 2023, leading companies such as MAGICAL CRUISE COMPANY LIMITED (51), MAHLE GMBH (42), and TEAM HARDINGER (39) were at the forefront of shipping Stranded Aluminium Wire to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Stranded Aluminium Wire exports accounted up to $899k and imports accounted up to $30.9M, resulting in a negative trade balance of $30M. Between February 2023 and February 2024 the exports of United States'   Stranded Aluminium Wire have decreased by $-1.26M (-58.3%) from $2.16M to $899k, while imports decreased by $-17.2M (-35.8%) from $48.1M to $30.9M.

Destinations In February 2024, Stranded Aluminium Wire were exported mostly to Canada ($397k), Japan ($136k), Brazil ($56.6k), Bahrain ($54k), and China ($52.8k), and were imported mostly from Bahrain ($9.6M), India ($8.66M), Mexico ($3.92M), Turkey ($2.96M), and Brazil ($2.6M).

Growth In February 2024, the decrease in Stranded Aluminium Wire's year-by-year exports was explained primarily by a decrease in exports to China ($-27.1k or -69%), Dominican Republic ($-21.6k or -29.3%), and Canada ($-14.5k or -2%). In February 2024, the decrease in Stranded Aluminium Wire's year-by-year imports was explained primarily by a decrease in imports from Ecuador ($-680k or -80.6%), France ($-35.6k or -94.2%), and Thailand ($-16.3k or -76.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-1.26M(-58.3%)
IMPORT GROWTH (February 2023 - February 2024)$-17.2M(-35.8%)
MAIN EXPORTER (February 2024)Kentucky$303k
MAIN DESTINATION (February 2024)Canada$397k

This section shows Stranded Aluminium Wire's exports and imports data at subnational level for United States. 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 Stranded Aluminium Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.9M
IMPORTS (2022)$507M
NET TRADE (2022)-$473M

In 2022, United States exported $33.9M in Stranded Aluminium Wire. The main destinations of United States exports on Stranded Aluminium Wire were Canada ($14.1M), France ($7.65M), Mexico ($2.57M), Sweden ($2.45M), and Brazil ($1.12M).

In 2022, United States imported $507M in Stranded Aluminium Wire, mainly from India ($159M), Bahrain ($129M), Mexico ($91.8M), Turkey ($46.6M), and Canada ($36.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Aluminium Wire EXPORT MARKETS FOR United States WERE (2021 - 2022):
France$5.5M (256%)
Sweden$2.45M (80.8k%)
Mexico$1.97M (325%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Aluminium Wire BY United States WERE (2021 - 2022):
Canada-$1.05M (-6.94%)
Jamaica-$733k (-96.8%)
Israel-$586k (-37.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Stranded Aluminium Wire were:
China $555M
India $518M
Bahrain $239M
In 2022, United States's main importing competitors in Stranded Aluminium Wire were:
Bangladesh $196M
Germany $84.9M

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Trade Value of Stranded Aluminium Wire by Exporters

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