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Steel cables and wire rope: top exporters and importers (2024)

In 2024, world trade in steel cables and wire rope totaled $7.8 billion (3.8 million tonnes). The top exporters were China (33%), South Korea (6%) and Germany (5%); the top importers were the United States (14%), Germany (4%) and Vietnam (4%). Compared with 2019, the value rose 10%.

Summary

World trade
$7.8billion
Tonnes
3.8million tonnes
Price per tonne
$2,026
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$2.6 billion · 33.2%
  2. South Korea$464 million · 6%
  3. Germany$403 million · 5.2%
  4. Vietnam$400 million · 5.1%
  5. Thailand$350 million · 4.5%
  6. United States$319 million · 4.1%
  7. Malaysia$238 million · 3.1%
  8. Romania$220 million · 2.8%
  9. Italy$217 million · 2.8%
  10. India$199 million · 2.6%
  11. Turkey$188 million · 2.4%
  12. Spain$175 million · 2.2%
  13. United Kingdom$167 million · 2.1%
  14. Indonesia$134 million · 1.7%
  15. Japan$129 million · 1.7%
  16. Portugal$127 million · 1.6%
  17. France$116 million · 1.5%
  18. Slovakia$105 million · 1.3%
  19. Poland$97 million · 1.3%
  20. Belgium$95 million · 1.2%
    re-exports

Top importers

  1. United States$1.1 billion · 13.7%
  2. Germany$340 million · 4.4%
  3. Vietnam$316 million · 4.1%
  4. India$269 million · 3.5%
  5. Canada$258 million · 3.3%
  6. Thailand$245 million · 3.1%
  7. Japan$240 million · 3.1%
  8. South Korea$239 million · 3.1%
  9. China$221 million · 2.8%
  10. Poland$204 million · 2.6%
  11. Spain$199 million · 2.6%
  12. Brazil$188 million · 2.4%
  13. Italy$188 million · 2.4%
  14. United Arab Emirates$163 million · 2.1%
  15. Netherlands$160 million · 2.1%
    re-exports
  16. France$142 million · 1.8%
  17. United Kingdom$136 million · 1.7%
  18. Belgium$129 million · 1.7%
    re-exports
  19. Mexico$128 million · 1.6%
  20. Slovakia$118 million · 1.5%

Trend

Who sells it

China has been the top exporter since 2006

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

  • China 2.6
  • South Korea 0.46
  • Germany 0.4
  • Vietnam 0.4
  • Thailand 0.35

Source: CEPII BACI

Show the numbers
Country19952024
China0.072.6
South Korea0.240.46
Germany0.20.4
Vietnam< 0.010.4
Thailand0.020.35

Price

Implied price

The price per tonne rose 5% since 1995

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

  • 2024: $2,026

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,923
1996$1,657
1997$1,609
1998$1,540
1999$1,153
2000$1,451
2001$1,384
2002$1,148
2003$1,570
2004$1,731
2005$1,862
2006$1,477
2007$1,912
2008$2,340
2009$2,278
2010$2,272
2011$2,412
2012$2,422
2013$2,317
2014$2,375
2015$2,007
2016$1,941
2017$1,935
2018$2,126
2019$2,062
2020$1,971
2021$2,228
2022$2,531
2023$2,310
2024$2,026

What it includes

  • 7312 · Steel cables and wire rope

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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