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Steel wire: top exporters and importers (2024)

In 2024, world trade in steel wire totaled $7 billion (6.4 million tonnes). The top exporters were China (26%), Italy (7%) and Germany (6%); the top importers were the United States (9%), Germany (6%) and France (5%). Compared with 2019, the value fell 2%.

Summary

World trade
$7billion
Tonnes
6.4million tonnes
Price per tonne
$1,102
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.8 billion · 26.1%
  2. Italy$525 million · 7.5%
  3. Germany$441 million · 6.3%
  4. South Korea$319 million · 4.5%
  5. Slovakia$302 million · 4.3%
  6. Czechia$294 million · 4.2%
  7. Turkey$279 million · 4%
  8. Spain$250 million · 3.6%
  9. Canada$195 million · 2.8%
  10. Mexico$190 million · 2.7%
  11. Malaysia$163 million · 2.3%
  12. Vietnam$156 million · 2.2%
  13. Japan$150 million · 2.1%
  14. France$150 million · 2.1%
  15. Belgium$144 million · 2.1%
    re-exports
  16. Austria$138 million · 2%
  17. United States$129 million · 1.8%
  18. Ukraine$120 million · 1.7%
  19. Netherlands$119 million · 1.7%
    re-exports
  20. Thailand$82 million · 1.2%

Top importers

  1. United States$644 million · 9.2%
  2. Germany$402 million · 5.7%
  3. France$339 million · 4.8%
  4. Poland$335 million · 4.8%
  5. Brazil$257 million · 3.7%
  6. Switzerland$218 million · 3.1%
  7. Thailand$208 million · 3%
  8. Italy$191 million · 2.7%
  9. United Kingdom$181 million · 2.6%
  10. South Korea$181 million · 2.6%
  11. Vietnam$167 million · 2.4%
  12. Japan$163 million · 2.3%
  13. Netherlands$163 million · 2.3%
    re-exports
  14. Romania$161 million · 2.3%
  15. Canada$158 million · 2.3%
  16. Czechia$155 million · 2.2%
  17. Malaysia$136 million · 1.9%
  18. Mexico$121 million · 1.7%
  19. India$119 million · 1.7%
  20. Spain$117 million · 1.7%

Trend

Who sells it

China has been the top exporter since 2005

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

  • China 1.8
  • Italy 0.52
  • Germany 0.44
  • South Korea 0.32
  • Slovakia 0.3

Source: CEPII BACI

Show the numbers
Country19952024
China0.131.8
Italy0.240.52
Germany0.250.44
South Korea0.130.32
Slovakia0.020.3

Price

Implied price

The price per tonne rose 46% since 1995

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

  • 2024: $1,102

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$755
1996$740
1997$525
1998$499
1999$604
2000$621
2001$665
2002$526
2003$675
2004$826
2005$884
2006$892
2007$999
2008$1,256
2009$1,066
2010$1,114
2011$1,283
2012$1,177
2013$999
2014$1,098
2015$922
2016$868
2017$937
2018$1,043
2019$991
2020$956
2021$1,196
2022$1,420
2023$1,202
2024$1,102

What it includes

  • 7217 · 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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