The overall value of insulated wire and cable exports increased by an average 30% for all exporting countries from five years earlier in 2019 when insulated wire and cable shipments were valued at $127.6 billion.
Year over year, the world’s exports of insulated wire and cable slowed to a 2.3% gain compared to $162.3 billion for 2022.
The 5 biggest exporters of insulated wire and cable are mainland China, Mexico, United States of America, Germany and Vietnam. Collectively, that major cohort of suppliers was responsible for 46.2% of overall sales for globally exported insulated wire and cable during 2023.
Among continents, countries in Asia exported 37.3% of the global total for all insulated wire and cable sales. In second place was Europe at 35.6% ahead of North America accounting for another 18.8%.
Smaller percentages were recorded by suppliers in Africa (5.8%), Latin America (2.3%) excluding Mexico but including the Caribbean, then Oceania (0.1%) led by Australia, New Zealand and Fiji.
For research purposes, the 4-digit Harmonized Tariff System code prefix is 8544 for insulated wire and cable.
Insulated Wire and Cable Exports by Country
Below are the 15 countries that exported the highest dollar value worth of insulated wires and cables during 2023.
- mainland China: US$28.3 billion (17.1% of exported insulated wire and cable)
- Mexico: $17.6 billion (10.6%)
- United States: $12.6 billion (7.6%)
- Germany: $10.2 billion (6.2%)
- Vietnam: $7.8 billion (4.7%)
- Italy: $5.04 billion (3%)
- Morocco: $4.97 billion (3%)
- Czech Republic: $4.5 billion (2.7%)
- Romania: $4.4 billion (2.7%)
- Poland: $4.2 billion (2.5%)
- South Korea: $3.9 billion (2.3%)
- Türkiye: $3.7 billion (2.2%)
- France: $3.3 billion (2%)
- Philippines: $3.05 billion (1.8%)
- Hong Kong: $3 billion (1.8%)
By value, the listed 15 countries shipped well over two-thirds (70.2%) of globally exported insulated wire and cable in 2023.
Among the top exporters, the fastest-growing exporters of insulated wire and cable since 2022 were: Morocco (up 28.9%), Vietnam (up 24.6%), Philippines (up 10%) and Czech Republic (up 9.9%).
A pair of major suppliers posted declines in their international sales of insulated wire and cable, namely mainland China (down -9% from 2022) and Hong Kong (down -2%).
Searchable List of Insulated Wire and Cable Exporting Countries in 2023
The 100 key countries showcased in the automated database below generated 99.92% of the overall value for insulated wire and cable exported during 2023.
| Rank | Exporter | Ins. Wire/Cable Exports | 2022-3 |
|---|---|---|---|
| 1. | mainland China | $28,343,845,000 | -9% |
| 2. | Mexico | $17,600,694,000 | +7% |
| 3. | United States | $12,605,837,000 | +5% |
| 4. | Germany | $10,243,047,000 | +0.8% |
| 5. | Vietnam | $7,797,151,000 | +24.6% |
| 6. | Italy | $5,035,532,000 | +7.1% |
| 7. | Morocco | $4,969,864,000 | +28.9% |
| 8. | Czech Republic | $4,488,683,000 | +9.9% |
| 9. | Romania | $4,400,406,000 | +5.6% |
| 10. | Poland | $4,154,668,000 | +2.5% |
| 11. | South Korea | $3,861,705,000 | +3.8% |
| 12. | Türkiye | $3,688,274,000 | +1.1% |
| 13. | France | $3,284,064,000 | +7.3% |
| 14. | Philippines | $3,053,300,000 | +10% |
| 15. | Hong Kong | $2,997,092,000 | -2% |
| 16. | Tunisia | $2,994,826,000 | +26% |
| 17. | Hungary | $2,992,147,000 | +11.9% |
| 18. | Spain | $2,937,556,000 | +11.7% |
| 19. | Netherlands | $2,407,025,000 | +6% |
| 20. | Serbia | $2,172,109,000 | +15.5% |
| 21. | India | $2,008,622,000 | +17% |
| 22. | Slovakia | $1,911,604,000 | +6.4% |
| 23. | Japan | $1,856,385,000 | -16.1% |
| 24. | Indonesia | $1,705,974,000 | +5% |
| 25. | United Kingdom | $1,643,474,000 | +6% |
| 26. | Thailand | $1,593,170,000 | -6.9% |
| 27. | Sweden | $1,511,851,000 | 0% |
| 28. | Austria | $1,449,652,000 | +1.4% |
| 29. | Belgium | $1,228,429,000 | +15.7% |
| 30. | Honduras | $1,222,406,000 | 0% |
| 31. | Singapore | $1,210,325,000 | +0.8% |
| 32. | Portugal | $1,158,157,000 | +13.1% |
| 33. | Egypt | $1,158,136,000 | +19.8% |
| 34. | Canada | $1,051,782,000 | +11% |
| 35. | Taiwan | $996,589,000 | -17.8% |
| 36. | Switzerland | $995,440,000 | +7.3% |
| 37. | Malaysia | $935,738,000 | -10% |
| 38. | Nicaragua | $839,636,000 | +18.2% |
| 39. | Ukraine | $796,801,000 | -40% |
| 40. | Bulgaria | $738,970,000 | +14.9% |
| 41. | North Macedonia | $691,602,000 | +9.3% |
| 42. | Cambodia | $593,816,000 | +3.3% |
| 43. | Moldova | $547,996,000 | +15.2% |
| 44. | Brazil | $512,679,000 | -2.1% |
| 45. | Finland | $501,686,000 | +7.2% |
| 46. | Croatia | $498,530,000 | +4.6% |
| 47. | United Arab Emirates | $491,976,000 | -60% |
| 48. | Greece | $447,882,000 | -14.8% |
| 49. | Denmark | $403,186,000 | -3.2% |
| 50. | Bosnia/Herzegovina | $366,336,000 | +12.2% |
| 51. | Norway | $353,601,000 | -29.5% |
| 52. | Lithuania | $351,038,000 | +24.7% |
| 53. | Paraguay | $310,039,000 | +11.8% |
| 54. | Costa Rica | $267,509,000 | +9.8% |
| 55. | Ireland | $237,225,000 | +5.9% |
| 56. | Estonia | $233,556,000 | +4.1% |
| 57. | South Africa | $225,207,000 | -6.7% |
| 58. | Russia | $211,568,000 | -34.4% |
| 59. | Slovenia | $201,439,000 | -14.9% |
| 60. | Israel | $184,242,000 | +20.5% |
| 61. | Botswana | $153,763,000 | +5.2% |
| 62. | Albania | $152,203,000 | 0% |
| 63. | Australia | $149,633,000 | +9.1% |
| 64. | Jordan | $148,912,000 | -20.7% |
| 65. | Belarus | $138,600,000 | -17.1% |
| 66. | Panama | $132,121,000 | +26.1% |
| 67. | El Salvador | $124,517,000 | +5.1% |
| 68. | Colombia | $99,746,000 | +15% |
| 69. | Latvia | $93,356,000 | +29.9% |
| 70. | Sri Lanka | $82,434,000 | +1.8% |
| 71. | Saudi Arabia | $69,641,000 | -88.1% |
| 72. | Uruguay | $68,458,000 | +11.1% |
| 73. | Oman | $64,783,000 | -74.5% |
| 74. | Ecuador | $60,858,000 | -11.8% |
| 75. | Venezuela | $53,210,000 | -25.4% |
| 76. | Myanmar | $51,923,000 | -15.4% |
| 77. | Chile | $50,741,000 | +9.3% |
| 78. | Kazakhstan | $46,567,000 | +11.6% |
| 79. | Zambia | $43,300,000 | +10.2% |
| 80. | Luxembourg | $37,444,000 | +33% |
| 81. | Laos | $32,509,000 | -11.9% |
| 82. | Malta | $31,602,000 | -34.6% |
| 83. | Uzbekistan | $28,496,000 | -19.1% |
| 84. | Senegal | $26,295,000 | -66% |
| 85. | Guatemala | $24,160,000 | +556.5% |
| 86. | Lebanon | $17,179,000 | -47% |
| 87. | Trinidad/ Tobago | $16,806,000 | +1.8% |
| 88. | Argentina | $16,491,000 | -57.6% |
| 89. | Tanzania | $16,387,000 | +53.5% |
| 90. | Dominican Republic | $16,106,000 | +0.2% |
| 91. | Algeria | $15,967,000 | +109.9% |
| 92. | New Zealand | $15,783,000 | +50.8% |
| 93. | Azerbaijan | $14,644,000 | +45.8% |
| 94. | Peru | $12,798,000 | -43.4% |
| 95. | Pakistan | $9,451,000 | +82.2% |
| 96. | Kenya | $9,337,000 | +55.1% |
| 97. | Fiji | $7,317,000 | -15.4% |
| 98. | Bahrain | $6,577,000 | -19.1% |
| 99. | Macao | $6,176,000 | +259.5% |
| 100. | Qatar | $4,677,000 | -89.1% |
Focusing on the top 100 exporters, the fastest growing suppliers of insulated wire and cable were Guatemala (up 556.5% from 2022), Macao (up 259.5%), Algeria (up 109.9%), Pakistan (up 82.2%) then Kenya (up 55.1%).
You can change the presentation order by clicking the triangle icon at the top of the above table’s columns. An entry of 0% in the right-most column means that no 2022 data was available.
Countries Generating Best Trade Surpluses from Insulated Wire and Cable
The following countries posted the highest positive net exports for insulated wire and cable during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported insulated wire and cable and its import purchases for that same commodity.
- mainland China: US$23.1 billion (net export surplus down -7.3% since 2022)
- Mexico: $9.7 billion (up 16.7%)
- Vietnam: $5.1 billion (up 37.6%)
- Morocco: $3.2 billion (up 31.6%)
- Tunisia: $2.4 billion (up 27.9%)
- Romania: $2.3 billion (up 9%)
- Türkiye: $2.1 billion (down -10.6%)
- Italy: $2 billion (up 6.4%)
- Philippines: $1.7 billion (up 38.4%)
- Serbia: $1.6 billion (up 18.7%)
- Poland: $1.3 billion (down -1.2%)
- Honduras: $1.1 billion (down 0%)
- Egypt: $814.6 million (up 38.5%)
- India: $709.8 million (up 42%)
- Czech Republic: $564.9 million (up 47.4%)
Mainland China generated the highest surplus in the international trade of insulated wire and cable. In turn, this positive cashflow confirms strong Chinese competitive advantage for this specific product category.
Countries Causing Largest Trade Deficits from Insulated Wire and Cable
The following countries posted the highest negative net exports for insulated wire and cable during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported insulated wire and cable purchases and its exports for that same commodity.
- United States: -US$17.7 billion (net export deficit down -1.1% since 2022)
- Japan: -$7.1 billion (up 12.1%)
- Germany: -$4.7 billion (up 12.6%)
- United Kingdom: -$3.6 billion (up 4.1%)
- Canada: -$3.2 billion (down -5.9%)
- France: -$2.2 billion (up 4%)
- Australia: -$1.5 billion (down -2.3%)
- Spain: -$1.3 billion (up 91.2%)
- Belgium: -$863.3 million (up 5.9%)
- Brazil: -$735.6 million (up 11.9%)
- Netherlands: -$731.9 million (up 4.2%)
- Slovakia: -$726.3 million (up 39.3%)
- Austria: -$707.6 million (up 12.8%)
- United Arab Emirates: -$706.7 million (up 124.2%)
- Singapore: -$685.4 million (down -7.1%)
The United States of America incurred the highest deficit in the international trade of insulated wire and cable. In turn, this negative cashflow highlights America’s competitive disadvantage for this specific product category but also signals opportunities for insulated wire and cable-supplying countries that help satisfy the powerful demand.
International Wire and Cable Manufacturers
Below are companies that represent established players engaged in the international trade of insulated wire and cable. The home country for each business is shown within parenthesis.
- 4cabling (Australia)
- Clearfield, Inc (United States)
- Cords Cable Industries Limited (India)
- Finolex Cables (India)
- Furukawa Electric (Japan)
- General Cable (United States)
- Havells (India)
- Hengtong (China)
- Leoni AG (Germany)
- LS Cable & System (South Korea)
- Middle East Specialized Cables Company (Jordan)
- Nexans SA (France)
- Prysmian Group (Italy)
- Sumitomo Electric Industries (Japan)
- Superior Essex (United States)
- Torrent Cables (India)
See also Electricity Exports by Country, Electronic Circuit Component Exports by Country, Computer Device Exports by Country and Top Industrial Robots Exporters by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on September 16, 2024
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on September 16, 2024
International Trade Centre, Trade Map. Accessed on September 16, 2024
Investopedia, Net Exports Definition. Accessed on September 16, 2024
Wikipedia, Category:Wire and cable manufacturers. Accessed on September 16, 2024