Aluminium Wire in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $203M in Aluminium Wire, making it the 13th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 766th most exported product in China. The main destination of Aluminium Wire exports from China are: Vietnam ($25.7M), Turkey ($16.5M), Indonesia ($13.8M), South Korea ($11.8M), and Brazil ($10.2M).

The fastest growing export markets for Aluminium Wire of China between 2021 and 2022 were Turkey ($5.1M), Russia ($3.36M), and United Arab Emirates ($3.14M).

Imports In 2022, China imported $69.6M in Aluminium Wire, becoming the 24th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 720th most imported product in China. China imports Aluminium Wire primarily from: United States ($9.25M), Italy ($9.14M), South Korea ($7.9M), Singapore ($7.5M), and Netherlands ($5.71M).

The fastest growing import markets in Aluminium Wire for China between 2021 and 2022 were India ($561k), Bahrain ($515k), and Netherlands ($284k).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (23) and WALMART INC (1) were at the forefront of shipping Aluminium Wire from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Aluminium Wire exports accounted up to $10.4M and imports accounted up to $4.47M, resulting in a positive trade balance of $5.96M. Between March 2023 and March 2024 the exports of China's Aluminium Wire have decreased by $-5.9M (-36.1%) from $16.3M to $10.4M, while imports increased by $657k (17.2%) from $3.82M to $4.47M.

Destinations In March 2024, Aluminium Wire were exported mostly to Vietnam ($1.89M), Brazil ($707k), India ($649k), Indonesia ($638k), and South Korea ($608k), and were imported mostly from Italy ($1.33M), Singapore ($560k), South Korea ($443k), United Kingdom ($348k), and Germany ($322k).

Growth In March 2024, the decrease in Aluminium Wire's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-1.78M or -70.1%), Indonesia ($-1.42M or -78.4%), and Iran ($-668k or -96.1%). In March 2024, the increase in Aluminium Wire's year-by-year imports was explained primarily by an increase in imports from Italy ($651k or 98.7%), Oman ($351k or 181%), and China ($24.6k or 65.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-5.9M(-36.1%)

IMPORT GROWTH (March 2023 - March 2024)$657k(17.2%)

MAIN EXPORTER (March 2024)Jiangsu Province$3.57M

MAIN DESTINATION (March 2024)Vietnam$1.89M

This section shows Aluminium 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 Aluminium Wire over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$203M

IMPORTS (2022)$69.6M

NET TRADE (2022)$133M

In 2022, China exported $203M in Aluminium Wire. The main destinations of China exports on Aluminium Wire were Vietnam ($25.7M), Turkey ($16.5M), Indonesia ($13.8M), South Korea ($11.8M), and Brazil ($10.2M).

In 2022, China imported $69.6M in Aluminium Wire, mainly from United States ($9.25M), Italy ($9.14M), South Korea ($7.9M), Singapore ($7.5M), and Netherlands ($5.71M).

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