Raw Aluminium in China | The Observatory of Economic Complexity

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 LG ELECTRONICS U.S.A. INC. (178) and MYSTIC APPAREL LLC (12) were at the forefront of shipping Raw Aluminium from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Raw Aluminium exports accounted up to $51.6M and imports accounted up to $711M, resulting in a negative trade balance of $659M. Between February 2023 and February 2024 the exports of China's Raw Aluminium have decreased by $-16.4M (-24.1%) from $68M to $51.6M, while imports increased by $329M (86.2%) from $382M to $711M.

Destinations In February 2024, Raw Aluminium were exported mostly to Japan ($20.7M), South Korea ($15M), Mexico ($7.12M), Netherlands ($1.79M), and Hong Kong ($1.18M), and were imported mostly from Russia ($307M), Malaysia ($116M), India ($61.3M), Indonesia ($60.6M), and United Arab Emirates ($39.7M).

Growth In February 2024, the decrease in Raw Aluminium's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-4.36M or -35.9%), Hong Kong ($-3.27M or -96%), and Taiwan ($-1.21M or -59%). In February 2024, the increase in Raw Aluminium's year-by-year imports was explained primarily by an increase in imports from Russia ($40.7M or 69.5%), Indonesia ($3.4M or 122%), and South Africa ($2.1M or 195%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-16.4M(-24.1%)

IMPORT GROWTH (February 2023 - February 2024)$329M(86.2%)

MAIN EXPORTER (February 2024)Guangdong Province$23.5M

MAIN DESTINATION (February 2024)Japan$20.7M

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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

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).

Explore Visualizations