China’s Aluminum Exports Drop in February 2025
China’s total aluminum exports in the first two months of 2025 reached 859,000 tons, reflecting an approximately 11% decrease compared to the same period last year.
In February 2025, China’s aluminum exports saw a significant decline due to several factors, including domestic policy changes, global market shifts, and the Chinese New Year holiday.
Aluminum Export Statistics – February 2025
According to data from China’s General Administration of Customs, total exports of raw aluminum and semi-finished products reached 408,000 tons in February 2025 — a 9.53% decrease compared to January and a 12.7% drop year-on-year compared to February 2024.
Cumulatively, exports in the first two months of 2025 stood at 859,000 tons, marking an 11% annual decline.
Aluminum profile exports amounted to 124,700 tons in January and February, showing a 27.02% decrease year-on-year. In February alone, exports dropped to 39,600 tons — a 53.52% decline compared to January.
Key Reasons for the Export Decline:
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Removal of Export Rebates: In December 2024, the Chinese government eliminated VAT export rebates on aluminum to maintain domestic supply. This policy led to an 11% drop in export volumes in early 2025. (Source: Reuters)
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Production Capacity Limits: China’s aluminum production in Q1 2025 reached an annualized rate of 44 million tons, nearing the government-imposed cap of 45 million tons, with a utilization rate of 98.2%, leaving limited room for expansion. (Source: Reuters)
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Chinese New Year Holiday: The February holiday significantly reduced industrial activity, with many factories shut down, leading to lower output and exports.
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Rising Tariffs in Foreign Markets: Increased tariffs and trade barriers in markets such as the United States contributed to reduced demand for Chinese aluminum.
Global Impact:
The drop in Chinese aluminum exports could drive global prices higher and create opportunities for producers in the U.S. and Europe to gain greater market share.
Conclusion:
The decline in China’s aluminum exports in February 2025 is the result of a combination of domestic policies, production limitations, and global market changes. This trend may persist in the coming months, potentially affecting the global aluminum market.
