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740710 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.63BRnk 1194 / 4644
2023
Top Exporter | Top Importer $283M | $247MBulgaria | Germany
2023
Product Complexity 0.1Rnk 2380 / 4656
2022 - 2023
Export Growth (CAGR) -7.08%Rnk 2360 / 4644
2023
Share of World Trade 0.012%Rnk 1194 / 4644

About

Overview This page contains the latest trade data of Bars, rods & profiles of refined copper. In 2023, Bars, rods & profiles of refined copper were the world's 1194th most traded product, with a total trade of $2.63B. Between 2022 and 2023 the exports of Bars, rods & profiles of refined copper decreased by -7.08%, from $2.83B to $2.63B. Trade in Bars, rods & profiles of refined copper represent 0.012% of total world trade.

Bars, rods & profiles of refined copper are a part of Copper Bars.

Exports In 2023 the top exporters of Bars, rods & profiles of refined copper  were Bulgaria ($283M), Germany ($260M), China ($229M), Thailand ($209M), and France ($195M).

Imports In 2023 the top importers of Bars, rods & profiles of refined copper were Germany ($247M), United States ($216M), Italy ($136M), China ($122M), and United Kingdom ($115M).

Ranking Bars, rods & profiles of refined copper ranks 2380th in the Product Complexity Index (PCI).

Description Bars, rods, and profiles of refined copper are used for electrical wiring and for plumbing. They are also used in solar energy panels.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bars, rods & profiles of refined copper. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Bulgaria$283M
Top Destination (2023)Germany$247M

In 2023 Bars, rods & profiles of refined copper were the world's 1194th most traded product (out of 4,644).

In 2023, the top exporters of Bars, rods & profiles of refined copper were Bulgaria ($283M), Germany ($260M), China ($229M), Thailand ($209M), and France ($195M).

In 2023, the top importers of Bars, rods & profiles of refined copper were Germany ($247M), United States ($216M), Italy ($136M), China ($122M), and United Kingdom ($115M).

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Exporters of Bars, rods & profiles of refined copper (2023)
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Importers of Bars, rods & profiles of refined copper (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$12.8M
Top Destination Growth (2022 -  2023)Australia$47.4M

Between 2022 and 2023, the exports of Bars, rods & profiles of refined copper grew the fastest in United States ($12.8M), Belgium ($12.2M), Malaysia ($7.57M), Poland ($7.3M), and Sweden ($6.69M).

Between 2022 and 2023, the fastest growing importers of Bars, rods & profiles of refined copper were Australia ($47.4M), Mexico ($20.3M), South Korea ($10.3M), United Kingdom ($9M), and Poland ($8.74M).

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Exporters of Bars, rods & profiles of refined copper (2022 - 2023)

Importers of Bars, rods & profiles of refined copper (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bars, rods & profiles of refined copper.

In 2023, market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of Bars, rods & profiles of refined copper are explained by 23 countries.

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Value of Exports in Bars, rods & profiles of refined copper

Net Trade

TOP NET EXPORTER (2023)Bulgaria$277M
TOP NET IMPORTER (2023)United States$107M

This map shows which countries export or import more of Bars, rods & profiles of refined copper. Each country is colored based on the difference in exports and imports of Bars, rods & profiles of refined copper during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bars, rods & profiles of refined copper were Bulgaria ($277M), Thailand ($180M), Belgium ($172M), France ($119M), and Malaysia ($109M).

In 2023, the countries that had a largest trade value in imports than in exports of Bars, rods & profiles of refined copper were United States ($107M), United Kingdom ($97.7M), Australia ($96.5M), Mexico ($88.6M), and Philippines ($79.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bars, rods & profiles of refined copper.
It is possible to select the main countries that export or import Bars, rods & profiles of refined copper in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bars, rods & profiles of refined copper 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 (2023)

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