Analysis of China‘s Export to the EU of CBAM Aluminum Products in 2023. 

This article analyzes the situation of China’s export to the EU of CBAM aluminum products in 2023 as follows:

I. General Situation

China‘s exports of CBAM aluminum products to the EU covered all goods under Chapter 76, except for 7602 and 7615. 

The EU CBAM aluminum product customs codes correspond to product descriptions as shown in Table 1.

Table 1. EU CBAM Aluminum Product Customs Codes Corresponding to Product Descriptions

Tariff Code Product Description
7601 Unwrought Aluminum
7603 Powder and Flakes of aluminum
7604 Bars, rods and Profiles of Aluminum
7605 Aluminum Wire
7606 Plates, Sheets and Strips of Aluminum, of a thickness > 0.2mm
7607 Aluminum Foil
7608 Aluminum tubes and pipes
7609 Aluminum tube or pipe fittings
7610 Structures or part of structures, of aluminum
7611 Reservoirs, tanks, vats and similar containers, of aluminum for any material (other than compressed or liquefied gas), of a capacity>300L
7612 Casks, drums, cans, boxes and similar containers, incl. rigid or collapsible tubular containers, of aluminum for any material (other than compressed or liquefied gas), of a capacity>300L
7613 Aluminum containers for compressed or liquefied gas
7614 Stranded wire, cables, plaited bands and the likes, of aluminum (excl. such products electrically insulated)
7616 Articles of aluminum

Source: "China’s Import and Export Tariffs" (2022)
In 2023, China's total exports of CBAM aluminum products to the EU amounted to 689,000 tons,

 a 30% decline compared to the previous year, accounting for 8.7% of the corresponding product’s total global exports. 

The total export value was 22.76 billion yuan, a 26% decrease from the previous year, representing 10.3% of 

the corresponding product’s total global export value. The quantity and value of China’s exports of CBAM aluminum

 products to the EU for the years 2022 and 2023 are shown in Table 2.

Table 2.The quantity and value of China’s exports of CBAM aluminum products to the EU for the years 2022 and 2023

  Exported QTY (k tons) Export amount (billion CNY)
Year 2022  998 30.75
Year 2023  689 22.76
YOY  -30% -26%

Source: "China Custom”

II. Export Details by Product

In 2023, China’s top five customs codes for CBAM aluminum product exports to the EU were 7610, 7616, 7606, 7607, and 7604. 

The export volumes were 24.5 thousand tons, 12.0 thousand tons, 11.4 thousand tons, 8.6

 thousand tons, and 5.7 thousand tons, respectively. These accounted for 35.6%, 17.4%, 16.5%, 12.5%, and 8.3% of the exports to 

the EU CBAM aluminum products, with a combined proportion of 90.3%, indicating a 

high concentration. For detailed statistics on China’s export volume and value of CBAM aluminum products to the EU by tariff code for 2023, see Tables 3 

Table 3. Statistics of China’s Export Volume and Value of CBAM Aluminum Products to the EU by Tariff Code in 2023 (Unit: Thousand Tons, billion CNY)

Tariff Code Export QTY to EU (K tons) YOY Export Value to EU YOY Export QTY to the world % by EU Export Value to the world % by EU
7601 17 -76% 0.22 -85% 392 4% 6.99 3%
7603 1 -4%7 0.04 -2% 7 14% 0.24 17%
7604 57 -22% 1.56 -25% 989 6% 24.28 6%
7605 3 -7% 0.09 -18% 36 8% 0.53 17%
7606 114 -64% 2.31 -70% 2772 4% 59.98 4%
7607 86 -33% 2.54 -39% 1309 7% 35.23 7%
7608 7 -13% 0.27 -17% 137 5% 4.19 6%
7609 8 6% 0.72 10% 33 24% 2.65 27%
7610 245 1% 6.06 1% 1298 19% 41.88 14%
7611 1 320% 0.01 -41% 4 25% 0.19 5%
7612 3 -36% 0.24 -29% 48 6% 2.39 10%
7613 1 -6% 0.08 -25% 8 13% 0.52 15%
7614 26 80% 0.58 111% 192 14% 4.03 14%
7616 12 0% 8.04 8% 891 17% 37.99 21%
total 689 -30% 22.76 -26% 7916 9% 221.09 10%

Source: "China Custom”

III. Export Situation by Country

In 2023, China exported CBAM aluminum products to all 27 EU countries. Among them, the top five export destinations were Germany, Italy, France, Poland, and the 

Netherlands, with export volumes of 115,000 tons, 81,000 tons, 81,000 tons, 77,000 tons, and 77,000 tons, respectively. These accounted for 16.7%, 11.8%, 11.8%, 11.2%, 

and 11.2% of the total export volume to the EU, with a combined share of 62.7%, indicating a high concentration. Detailed statistics of China’s export volumes and values

 of CBAM aluminum products to the EU by country for 2023 can be found in Tables 5 and 6.

Exports from China to the top five destinations of Germany, Italy, France, Poland, and the Netherlands were also concentrated in specific products, with category 7606,

 7610, and 7616 products accounting for 68%, 67%, 90%, 68%, and 67% of the total export volume of CBAM aluminum products to each respective country.

Table 5. 2023 China’s Export Volume and value of CBAM Aluminum Products to the EU by Country (Unit: 1000 tons. Billion CNY)

Country Export Volume (k tons) YOY % in total Export Value (billion CNY) YOY % in total
EU 27 countries in total 689 -30% 100% 22.76 -26% 100%
Germany 115 -18% 17% 4.73 -13% 21%
France 81 -3% 12% 2.71 1% 12%
Italy 81 -35% 12% 2.46 -31% 11%
Poland 77 -51% 11% 2.44 -47% 11%
Netherland 77 -50% 11% 1.78 -60% 8%
Spain 61 -27% 9% 1.65 -27% 7%
Belgium 34 -33% 5% 1.12 -29% 5%
Czech 17 6% 2% 0.66 7% 3%
Romania 17 -4% 2% 0.5 -53% 2%
Croatia 15 14% 2% 0.36 9% 2%
Portugal 15 1% 2% 0.37 -19% 2%
Sweden 13 -13% 2% 0.65 0% 3%
Demark 12 -28% 2% 0.49 -22% 2%
Finland 12 -19% 2% 0.38 -20% 2%
Greece 12 -53% 2% 0.38% -40% 2%
Slovenia 8 -21% 1% 0.25 -16% 1%
Lithuania 7 32% 1% 0.21 47% 1%
Hungary 7 -25% 1% 0.41 -6% 2%
Austria 6 5% 1% 0.27 -2% 1%
Bulgaria 5 -14% 1% 0.17 -8% 1%
Estonia 4 6% 1% 0.13 46% 1%
Latvia 3 3% 0.4% 0.1 22% 0.4%
Cyprus 3 51% 0.4% 0.09 53% 0.4%
Slovakia 3 -33% 0.4% 0.16 -1% 1%
Irish 2 -77% 0.3% 0.24 17% 1%
Luxembourg 1 541% 0.1% 0.01 -18% 0.04%
Malta 1 -12% 0.1 0.04 52% 0.2%

Source: "China Custom”

 

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Post time: Mar-01-2024