China's Aluminum Wheel Exports: October Volume Up 2.59% Year-on-Year but Down 8.23% Month-on-Year With Main U.S. and Japanese Markets Under Pressure

SMM, November 27:

In October 2025, China's aluminum wheel exports reached 78,800 tons, showing a slight year-on-year increase of 2.59% but a month-on-month decline of 8.23%, reflecting an ongoing downward adjustment in overseas market demand. In terms of major export market performance, exports to Japan fell from 20,800 tons to 17,900 tons, a month-on-month decrease of 13.9%, while exports to the United States dropped from 20,200 tons to 17,500 tons, a decline of 13.4%, indicating a continued contraction in volume. This fully demonstrates the persistent impact of the 25% tariff imposed by the United States on aluminum derivative products since March 2025. Although major export markets are generally under pressure, Mexico, despite a slight decline compared to September, still accounted for 10.87% of exports, firmly ranking as the fourth-largest export market after China, the United States, and Japan, highlighting the initial success of export market diversification. In terms of domestic production capacity distribution, Hebei Province maintained an absolute leading position with 29,800 tons of exports, accounting for 37.77% of the total, while Zhejiang and Jiangsu followed with 12,200 tons and 11,300 tons, respectively. These three provinces together contributed nearly 70% of the total output, forming a relatively clear regional clustering effect. Looking ahead, aluminum wheel exports in November are expected to continue a slight downward trend. This is mainly due to increased domestic demand for aluminum wheels driven by steady growth in domestic automotive production, coupled with weakened external demand as overseas markets, particularly new energy vehicles, undergo cyclical production adjustments at year-end. Additionally, the ongoing impact of U.S. tariff policies will further contribute to a moderate decline in overall export volume under the combined influence of these factors.