The Export Value of China's Aluminum Products Increased Significantly>

According to customs information, the export value of China's aluminum products increased significantly from January to February this year. The global epidemic, energy shortage and other situations have led to an increase in the market's dependence on Chinese aluminum materials and products, and the surge in international aluminum prices is also conducive to China's exports, bringing new opportunities to China's aluminum industry chain. The export of aluminum products also makes an important contribution to the stable operation of the industry and the realization of "six stability" and "six guarantees".

From January to February 2022, the cumulative export value of aluminum and its products was US$6.557 billion, a year-on-year increase of 37.9%. During the same period, the cumulative import value was 1.744 billion US dollars, an increase of 18.6%. The cumulative total import and export volume increased by 33.3% year-on-year.

The cumulative export of unwrought aluminum and aluminum products was 1.0339 million tons, a year-on-year increase of 22.8%, and the cumulative export value was 4.071 billion US dollars, a year-on-year increase of 59%.

Among the three major types of aluminum products, the export of aluminum sheets and foils maintained growth, while the export volume of aluminum profiles declined. From January to February, the export volume of aluminum sheet and strip was 581,800 tons, a significant increase of 44.7% year-on-year; the export value was 2.13 billion US dollars, a significant increase of 99.8%; the cumulative export of aluminum foil was 234,800 tons, an increase of 5.7%, and the cumulative export value was 1.053 billion US dollars, a year-on-year increase 36.9%; the cumulative export volume of aluminum profiles was 135,000 tons, a year-on-year decrease of 12%, and the cumulative export value was 541 million US dollars, a year-on-year increase of 11.1%.

From January to February, the cumulative export of aluminum doors, windows, curtain walls and structures was 177,300 tons, a year-on-year increase of 68.5%, and the cumulative export value was 849 million US dollars, a year-on-year increase of 105%. The cumulative export of aluminum products was 99,700 tons, a year-on-year decrease of 7.1%, but the cumulative export value was 643 million US dollars, a year-on-year increase of 7.9%.

From January to February, the cumulative export of aluminum wheels was 146,500 tons, a year-on-year decrease of 11.8%, but the cumulative export value was 820 million US dollars, an increase of 9.3%.

In terms of the ranking of export trading partners of aluminum and its products, the cumulative export value to the United States from January to February was 780 million US dollars, continuing to rank first. Mexico, Japan, South Korea, and Thailand rank 2-5, but the numbers in the United States are far from each other. Similarly, in the cumulative export market ranking of China's aluminum wheels from January to February, the United States ranked first with US$320 million, exceeding the sum of the second to seventh.

Despite this, the fact is that the United States is still China's largest export market for aluminum products, and since 2005, this position has been maintained for 17 years.