2022
Exports
$2.93BWorld Rnk 1 / 196
Flag Rnk 235 / 1216
2022
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.15Rnk 505 / 1025
2022
Imports
$221MWorld Rnk 13 / 222
Flag Rnk 497 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.93B in Stranded Iron Wire, making it the 1st largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 235th most exported product in China. The main destination of Stranded Iron Wire exports from China are: United States ($251M), South Korea ($237M), Thailand ($219M), Vietnam ($207M), and India ($179M).

The fastest growing export markets for Stranded Iron Wire of China between 2021 and 2022 were Israel ($49.6M), Thailand ($44.4M), and United States ($43.9M).

Imports In 2022, China imported $221M in Stranded Iron Wire, becoming the 13th largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 497th most imported product in China. China imports Stranded Iron Wire primarily from: South Korea ($44M), Germany ($42.5M), Japan ($22.5M), United Kingdom ($14.5M), and Vietnam ($11.1M).

The fastest growing import markets in Stranded Iron Wire for China between 2021 and 2022 were United Kingdom ($9.53M), Malaysia ($7.5M), and India ($1.35M).

COMPANIES In 2023, leading companies such as IKEA Group (19), CrimsonLogic (18), and Bridgestone Tires (9) were at the forefront of shipping Stranded Iron Wire from China to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-7.82M(-3.68%)
IMPORT GROWTH (September 2023 - September 2024)$-4.67M(-21.5%)
MAIN EXPORTER (September 2024)Jiangsu Province$97.8M
MAIN DESTINATION (September 2024)Thailand$15.9M

This section shows Stranded Iron 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 Iron Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.93B
IMPORTS (2022)$221M
NET TRADE (2022)$2.71B

In 2022, China exported $2.93B in Stranded Iron Wire. The main destinations of China exports on Stranded Iron Wire were United States ($251M), South Korea ($237M), Thailand ($219M), Vietnam ($207M), and India ($179M).

In 2022, China imported $221M in Stranded Iron Wire, mainly from South Korea ($44M), Germany ($42.5M), Japan ($22.5M), United Kingdom ($14.5M), and Vietnam ($11.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR China WERE (2021 - 2022):
Israel$49.6M (160%)
Thailand$44.4M (25.5%)
United States$43.9M (21.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY China WERE (2021 - 2022):
Kenya-$7.63M (-69.6%)
Spain-$6.55M (-34.2%)
Luxembourg-$2.95M (-17.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Stranded Iron Wire were:
In 2022, China's main importing competitors in Stranded Iron Wire were:

Explore Visualizations

Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $75.6M
TOP IMPORT POTENTIALVietnam+ $16.3M

Stranded Iron Wire’s highest export potential is India. With an export gap of $75.6M.   Stranded Iron Wire’s highest import potential is Vietnam with an import gap of $16.3M.

See methodology.

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