Aluminium Foil in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $6.56B in Aluminium Foil, making it the 1st largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 105th most exported product in China. The main destination of Aluminium Foil exports from China are: Thailand ($572M), India ($490M), Japan ($440M), South Korea ($379M), and United Arab Emirates ($330M).

The fastest growing export markets for Aluminium Foil of China between 2021 and 2022 were India ($122M), Malaysia ($121M), and United States ($108M).

Imports In 2022, China imported $631M in Aluminium Foil, becoming the 9th largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 304th most imported product in China. China imports Aluminium Foil primarily from: Japan ($370M), South Korea ($124M), Germany ($30.3M), Chinese Taipei ($25M), and Iceland ($15M).

The fastest growing import markets in Aluminium Foil for China between 2021 and 2022 were Hong Kong ($7.69M), South Korea ($5.66M), and Thailand ($3.42M).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (54), LOLLICUP USA INC. (29), and 99 CENTS ONLY STORES LLC (19) were at the forefront of shipping Aluminium Foil from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Aluminium Foil exports accounted up to $458M and imports accounted up to $56M, resulting in a positive trade balance of $402M. Between March 2023 and March 2024 the exports of China's Aluminium Foil have decreased by $-9.53M (-2.04%) from $468M to $458M, while imports decreased by $-319k (-0.57%) from $56.3M to $56M.

Destinations In March 2024, Aluminium Foil were exported mostly to India ($42.5M), Thailand ($34.7M), Japan ($29.1M), Malaysia ($29.1M), and Mexico ($28.8M), and were imported mostly from Japan ($33.4M), South Korea ($12.9M), Germany ($2.39M), Chinese Taipei ($1.65M), and United States ($1.39M).

Growth In March 2024, the decrease in Aluminium Foil's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-21.1M or -38.4%), Indonesia ($-18.6M or -53.2%), and South Korea ($-11.5M or -29.1%). In March 2024, the decrease in Aluminium Foil's year-by-year imports was explained primarily by a decrease in imports from Japan ($-34.1M or -58.9%), South Korea ($-13.3M or -52.5%), and Chinese Taipei ($-2.07M or -72.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-9.53M(-2.04%)

IMPORT GROWTH (March 2023 - March 2024)$-319k(-0.57%)

MAIN EXPORTER (March 2024)Jiangsu Province$102M

MAIN DESTINATION (March 2024)India$42.5M

This section shows Aluminium Foil'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 Foil over time.

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