741521 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Copper washers, including spring washers. In 2022, Copper washers, including spring washers were the world's 3968th most traded product, with a total trade of $131M. Between 2021 and 2022 the exports of Copper washers, including spring washers grew by 8.87%, from $120M to $131M. Trade in Copper washers, including spring washers represent 0.00055% of total world trade.

Copper washers, including spring washers are a part of Copper Fasteners.

Exports In 2022 the top exporters of Copper washers, including spring washers  were Germany ($30.1M), China ($23.1M), United States ($17.3M), Chinese Taipei ($5.39M), and France ($5.21M).

Imports In 2022 the top importers of Copper washers, including spring washers were United States ($19.2M), Mexico ($12.1M), China ($8.36M), Germany ($8.33M), and France ($6.86M).

Ranking Copper washers, including spring washers ranks 455th in the Product Complexity Index (PCI).

Description Copper washers are used to prevent the bolt heads from coming in contact with the surface that the bolt is fastening to. A spring washer is a type of washer with a spring in it that becomes tighter when the bolt is tightened, so that the bolt is pressed tightly against the surface.

Historical Data

Exporters and Importers

Top Origin (2022)Germany$30.1M
Top Destination (2022)United States$19.2M

In 2022 Copper washers, including spring washers were the world's 3968th most traded product (out of 4,648).

In 2022, the top exporters of Copper washers, including spring washers were Germany ($30.1M), China ($23.1M), United States ($17.3M), Chinese Taipei ($5.39M), and France ($5.21M).

In 2022, the top importers of Copper washers, including spring washers were United States ($19.2M), Mexico ($12.1M), China ($8.36M), Germany ($8.33M), and France ($6.86M).

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Exporters of Copper washers, including spring washers (2022)
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Importers of Copper washers, including spring washers (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$5.43M
Top Destination Growth (2021 -  2022)Mexico$3M

Between 2021 and 2022, the exports of Copper washers, including spring washers grew the fastest in United States ($5.43M), China ($2.25M), Germany ($1.16M), India ($968k), and Kuwait ($939k).

Between 2021 and 2022, the fastest growing importers of Copper washers, including spring washers were Mexico ($3M), United States ($2.79M), Germany ($1.09M), Canada ($1.07M), and Czechia ($983k).

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Exporters of Copper washers, including spring washers (2021 - 2022)

Importers of Copper washers, including spring washers (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Copper washers, including spring washers.

In 2022, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Copper washers, including spring washers are explained by 16 countries.

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Value of Exports in Copper washers, including spring washers

Net Trade

TOP NET EXPORTER (2022)Germany$21.8M
TOP NET IMPORTER (2022)Mexico$10.1M

This map shows which countries export or import more of Copper washers, including spring washers. Each country is colored based on the difference in exports and imports of Copper washers, including spring washers during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Copper washers, including spring washers were Germany ($21.8M), China ($14.8M), Chinese Taipei ($4.93M), South Korea ($2.76M), and India ($2.58M).

In 2022, the countries that had a largest trade value in imports than in exports of Copper washers, including spring washers were Mexico ($10.1M), Canada ($3.38M), Czechia ($3.03M), Poland ($2.1M), and Indonesia ($1.99M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Copper washers, including spring washers.
It is possible to select the main countries that export or import Copper washers, including spring washers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Copper washers, including spring washers by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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