In 2023, China led the global market for the export of aluminium and articles thereof with a total export value of $21.21 billion. Germany and the United States followed with exports valued at $14.61 billion and $12.24 billion, respectively. Over the past two years, China and Germany witnessed robust growth, with year-on-year increases driven by technological advancements and strong international demand. Overall, the sector experienced a 5-year compound annual growth rate (CAGR) highlighting consistent expansion driven by industrial applications and emerging market opportunities.
Future trends to watch in the aluminium export market include the increasing shift towards sustainable and recycled aluminium products as environmental regulations tighten. Additionally, geopolitical developments and trade agreements will play significant roles in shaping the competitive landscape, affecting trade flows and market dynamics.
Top countries in Top Exporters of Aluminium and Articles Thereof
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 21,210 | 2016 | |
| 2 | 2 Germany | 14,610 | 2016 | |
| 3 | 3 United States | 12,240 | 2016 | |
| 4 | 4 Canada | 8,080 | 2016 | |
| 5 | 5 Russia | 5,980 | 2016 | |
| 6 | 6 Italy | 5,750 | 2016 | |
| 7 | 7 United Arab Emirates | 5,080 | 2016 | |
| 8 | 8 France | 4,860 | 2016 | |
| 9 | 9 Netherlands | 4,320 | 2016 | |
| 10 | 10 Spain | 3,410 | 2016 |
