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760521 (Harmonized System 1992 for 6-digit)

2023
World Trade $872MRnk 2266 / 4644
2023
Top Exporter | Top Importer $96.1M | $110MMalaysia | United States
2023
Product Complexity -0.37Rnk 3057 / 4656
2022 - 2023
Export Growth (CAGR) -15.6%Rnk 3290 / 4644
2023
Share of World Trade 0.0039%Rnk 2266 / 4644

About

Overview This page contains the latest trade data of Wire, aluminium alloy, t > 7mm. In 2023, Wire, aluminium alloy, t > 7mm were the world's 2266th most traded product, with a total trade of $872M. Between 2022 and 2023 the exports of Wire, aluminium alloy, t > 7mm decreased by -15.6%, from $1.03B to $872M. Trade in Wire, aluminium alloy, t > 7mm represent 0.0039% of total world trade.

Wire, aluminium alloy, t > 7mm are a part of Aluminium Wire.

Exports In 2023 the top exporters of Wire, aluminium alloy, t > 7mm  were Malaysia ($96.1M), Spain ($89.6M), Canada ($89.5M), Netherlands ($84.9M), and Bahrain ($82.3M).

Imports In 2023 the top importers of Wire, aluminium alloy, t > 7mm were United States ($110M), Germany ($86.4M), France ($68M), Italy ($52.4M), and Cambodia ($45.9M).

Ranking Wire, aluminium alloy, t > 7mm ranks 3057th in the Product Complexity Index (PCI).

Description Wire is used for electrical wiring and is made from a variety of materials. You can use aluminium alloy for construction purposes because it is light and strong. Thin aluminium alloy is used in foil for wrapping food and t > 7mm can be used in the aerospace industry.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire, aluminium alloy, t > 7mm. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Malaysia$96.1M
Top Destination (2023)United States$110M

In 2023 Wire, aluminium alloy, t > 7mm were the world's 2266th most traded product (out of 4,644).

In 2023, the top exporters of Wire, aluminium alloy, t > 7mm were Malaysia ($96.1M), Spain ($89.6M), Canada ($89.5M), Netherlands ($84.9M), and Bahrain ($82.3M).

In 2023, the top importers of Wire, aluminium alloy, t > 7mm were United States ($110M), Germany ($86.4M), France ($68M), Italy ($52.4M), and Cambodia ($45.9M).

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Exporters of Wire, aluminium alloy, t > 7mm (2023)
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Importers of Wire, aluminium alloy, t > 7mm (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$15.6M
Top Destination Growth (2022 -  2023)Algeria$15.1M

Between 2022 and 2023, the exports of Wire, aluminium alloy, t > 7mm grew the fastest in India ($15.6M), Russia ($5.45M), Germany ($5M), United Arab Emirates ($4M), and Hungary ($3.44M).

Between 2022 and 2023, the fastest growing importers of Wire, aluminium alloy, t > 7mm were Algeria ($15.1M), Ecuador ($13.7M), Spain ($10.6M), Tunisia ($3.84M), and Vietnam ($3.24M).

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Exporters of Wire, aluminium alloy, t > 7mm (2022 - 2023)

Importers of Wire, aluminium alloy, t > 7mm (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, aluminium alloy, t > 7mm.

In 2023, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Wire, aluminium alloy, t > 7mm are explained by 19 countries.

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Value of Exports in Wire, aluminium alloy, t > 7mm

Net Trade

TOP NET EXPORTER (2023)Malaysia$89.1M
TOP NET IMPORTER (2023)United States$85.6M

This map shows which countries export or import more of Wire, aluminium alloy, t > 7mm. Each country is colored based on the difference in exports and imports of Wire, aluminium alloy, t > 7mm during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wire, aluminium alloy, t > 7mm were Malaysia ($89.1M), Netherlands ($83.2M), Bahrain ($78.6M), Canada ($77.3M), and Spain ($57.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire, aluminium alloy, t > 7mm were United States ($85.6M), Germany ($69.8M), Cambodia ($45.4M), Finland ($28.7M), and Austria ($23.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Wire, aluminium alloy, t > 7mm.
It is possible to select the main countries that export or import Wire, aluminium alloy, t > 7mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire, aluminium alloy, t > 7mm by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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