The U.S. Remains One of the Largest Exporters of Optical Fiber Cables in the World, with $1.0B in 2014

Fibre Optic Cables July 14, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

The U.S. took over second place in the global optical fiber cable trade. In 2014, the U.S. exported approximately 100 thousand tonnes of optical fiber cables totaling 1.0 billion USD, 7% over the previous year. Its primary trading partner was its closest neighbor, Canada, where it supplied 27% of its total optical fiber cable exports in value terms, accounting for the lion's share of Canada's total imports (93%).

From 2008 to 2014, the U.S. was a net exporter of optical fiber cables. Over the period under review, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced due to high export prices.

China and Mexico were among the other leading global suppliers of optical fiber cables in 2014. China was also one of fastest growing exporters from 2007 to 2014 (+20% per year), only eclipsed by Norway's +39.3% per year. With this, Norway and China were able to significantly strengthen their positions in the global export structure.

In 2014, the U.S.'s top 5 trading partners were Canada, Mexico, the United Kingdom, Australia and China, with a combined 66% share of U.S. optical fiber cables exports. The share of Canada increased significantly (+7 percentage points), while the share of Spain illustrated negative dynamics (-5 percentage points).

Source: World: Optical Fiber Cables - Market Report. Analysis and Forecast to 2020