Copper wire and cable exports hit a new high in April, with the proportion of US orders falling out of the top three [SMM analysis]

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       According to data from the General Administration of Customs, in March and April 2025, China's exports of wire and cable reached 235,200 mt and 269,300 mt respectively, up 54.8% MoM and 14.5% MoM, and up 22.23% YoY and 21.7% YoY. From January to April, cumulative exports of wire and cable in China reached 915,700 mt, up 12.79% YoY. Among them, exports of copper wire and cable were 108,200 mt and 135,800 mt in March and April respectively, up 47.59% MoM and 25.42% MoM, and up 20.57% YoY and 35.03% YoY. As of April, China's exports of copper wire and cable reached 424,500 mt, up 15% YoY.

Data source: General Administration of Customs

       Cumulatively from March to April, copper wire and cable exports involved a total of 207 countries and regions. Among them, Australia, the UK, and the Philippines cumulatively imported 21,300 mt, 17,900 mt, and 12,800 mt of copper wire and cable from China from March to April, ranking in the top three positions. Among them, the volume of exports to the UK increased the most significantly. According to SMM, the UK's National Grid had previously announced that it would expand its investment in the UK's power grid system from 2025-2026 to address grid congestion caused by the integration of clean energy projects, and that the UK would further accelerate the development of renewable energy and implement the "2030 Clean Power Action Plan". SMM expects that the UK's demand for copper wire and cable will continue to increase. In addition, it is worth noting that, in terms of the cumulative export volume from March to April, orders exported to the US decreased significantly YoY, and in terms of the cumulative export volume ranking, the US has fallen out of the top three positions.