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Alloy steel wire: top exporters and importers (2024)

In 2024, world trade in alloy steel wire totaled $2.6 billion (1.7 million tonnes). The top exporters were China (22%), Japan (10%) and South Korea (9%); the top importers were the United States (10%), Germany (9%) and Poland (7%). Compared with 2019, the value rose 3%.

Summary

World trade
$2.6billion
Tonnes
1.7million tonnes
Price per tonne
$1,583
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$578 million · 21.9%
  2. Japan$275 million · 10.4%
  3. South Korea$239 million · 9.1%
  4. Germany$188 million · 7.1%
  5. Italy$182 million · 6.9%
  6. Czechia$178 million · 6.7%
  7. Turkey$118 million · 4.5%
  8. Vietnam$111 million · 4.2%
  9. Austria$95 million · 3.6%
  10. Sweden$72 million · 2.7%
  11. Taiwan$62 million · 2.4%
  12. United States$58 million · 2.2%
  13. Malaysia$56 million · 2.1%
  14. Mexico$53 million · 2%
  15. Netherlands$49 million · 1.8%
    re-exports
  16. Canada$37 million · 1.4%
  17. France$33 million · 1.2%
  18. Luxembourg$27 million · 1%
  19. Thailand$24 million · 0.9%
  20. Belgium$22 million · 0.84%
    re-exports

Top importers

  1. United States$254 million · 9.6%
  2. Germany$236 million · 9%
  3. Poland$180 million · 6.8%
  4. China$123 million · 4.6%
  5. Japan$108 million · 4.1%
  6. Brazil$94 million · 3.6%
  7. Mexico$89 million · 3.4%
  8. India$88 million · 3.3%
  9. France$81 million · 3.1%
  10. Thailand$79 million · 3%
  11. Malaysia$76 million · 2.9%
  12. Spain$68 million · 2.6%
  13. Italy$64 million · 2.4%
  14. Russia$63 million · 2.4%
  15. Czechia$61 million · 2.3%
  16. Indonesia$61 million · 2.3%
  17. South Korea$57 million · 2.1%
  18. United Kingdom$55 million · 2.1%
  19. Switzerland$49 million · 1.9%
  20. Canada$48 million · 1.8%

Trend

Who sells it

China has been the top exporter since 2008

Value in USD millions. The five largest exporters in 2024.

  • China 578
  • Japan 275
  • South Korea 239
  • Germany 188
  • Italy 182

Source: CEPII BACI

Show the numbers
Country19952024
China8.6578
Japan137275
South Korea71.6239
Germany53.2188
Italy61.9182

Price

Implied price

The price per tonne rose 21% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $1,583

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,313
1996$1,402
1997$749
1998$751
1999$1,232
2000$1,034
2001$1,121
2002$943
2003$1,181
2004$1,243
2005$1,564
2006$1,359
2007$1,605
2008$1,893
2009$1,671
2010$1,720
2011$1,810
2012$1,757
2013$1,303
2014$1,696
2015$1,398
2016$1,355
2017$1,481
2018$1,651
2019$1,549
2020$1,314
2021$1,593
2022$1,792
2023$1,760
2024$1,583

What it includes

  • 7229 · Alloy steel wire

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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