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2022
Exports $75.4MWorld Rnk 8 / 131
Flag Rnk 910 / 1216
2022
Destination $2.75M Japan
2021 - 2022
FASTEST GROWING MARKET $2.75MIndonesia
2022
PRODUCT COMPLEXITY IN Stranded Copper Wire-0.3Rnk 650 / 1025
2022
Imports $99.3MWorld Rnk 8 / 211
Flag Rnk 654 / 1212
2022
Origin $4.76M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $4.76MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $75.4M in Stranded Copper Wire, making it the 8th largest exporter of Stranded Copper Wire in the world. At the same year, Stranded Copper Wire was the 910th most exported product in China. The main destination of Stranded Copper Wire exports from China are: Japan ($25M), Indonesia ($5.98M), Vietnam ($4.5M), United Kingdom ($3.99M), and United States ($3.47M).

The fastest growing export markets for Stranded Copper Wire of China between 2021 and 2022 were Indonesia ($2.75M), Philippines ($1.28M), and Pakistan ($1.24M).

Imports In 2022, China imported $99.3M in Stranded Copper Wire, becoming the 8th largest importer of Stranded Copper Wire in the world. At the same year, Stranded Copper Wire was the 654th most imported product in China. China imports Stranded Copper Wire primarily from: South Korea ($56.7M), Chile ($10.7M), Japan ($8.06M), United States ($6.78M), and Hong Kong ($5.15M).

The fastest growing import markets in Stranded Copper Wire for China between 2021 and 2022 were United States ($4.76M), South Korea ($3.87M), and Chile ($2.74M).

COMPANIES In 2023, leading companies such as TE Connectivity (1) were at the forefront of shipping Stranded Copper Wire from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Stranded Copper Wire exports accounted up to $8.06M and imports accounted up to $7.12M, resulting in a positive trade balance of $934k. Between November 2023 and November 2024 the exports of China's   Stranded Copper Wire have increased by $3.48M (75.9%) from $4.58M to $8.06M, while imports increased by $208k (3.01%) from $6.91M to $7.12M.

Destinations In November 2024, Stranded Copper Wire were exported mostly to Japan ($1.54M), Vietnam ($1.05M), Ethiopia ($921k), United States ($657k), and Bangladesh ($553k), and were imported mostly from South Korea ($3.87M), Chinese Taipei ($1.64M), Japan ($697k), Kazakhstan ($264k), and Germany ($174k).

Growth In November 2024, the increase in Stranded Copper Wire's year-by-year exports was explained primarily by an increase in exports to Indonesia ($532k or 100%), Nigeria ($311k or 5.37k%), and Philippines ($182k or 115%). In November 2024, the increase in Stranded Copper Wire's year-by-year imports was explained primarily by an increase in imports from United States ($189k or 458%), Malaysia ($105k or 112%), and Germany ($23.6k or 15.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$3.48M(75.9%)
IMPORT GROWTH (November 2023 - November 2024)$208k(3.01%)
MAIN EXPORTER (November 2024)Jiangsu Province$4.19M
MAIN DESTINATION (November 2024)Japan$1.54M

This section shows Stranded Copper 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 Stranded Copper Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$75.4M
IMPORTS (2022)$99.3M
NET TRADE (2022)-$23.9M

In 2022, China exported $75.4M in Stranded Copper Wire. The main destinations of China exports on Stranded Copper Wire were Japan ($25M), Indonesia ($5.98M), Vietnam ($4.5M), United Kingdom ($3.99M), and United States ($3.47M).

In 2022, China imported $99.3M in Stranded Copper Wire, mainly from South Korea ($56.7M), Chile ($10.7M), Japan ($8.06M), United States ($6.78M), and Hong Kong ($5.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Copper Wire EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$2.75M (85.3%)
Philippines$1.28M (65.4%)
Pakistan$1.24M (140%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Copper Wire BY China WERE (2021 - 2022):
Egypt-$2.49M (-91.3%)
Vietnam-$2.48M (-35.5%)
Japan-$2.48M (-9.02%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Stranded Copper Wire were:
Turkey $599M
United States $410M
Germany $388M
In 2022, China's main importing competitors in Stranded Copper Wire were:
Italy $255M
Germany $224M
Mexico $208M

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Trade Value of Stranded Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.32M
TOP IMPORT POTENTIALUnited States+ $4.46M

Stranded Copper Wire’s highest export potential is United States. With an export gap of $2.32M.   Stranded Copper Wire’s highest import potential is United States with an import gap of $4.46M.

See methodology.

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