HS Icon Bars, rods & profiles of refined copper

740710 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Bars, rods & profiles of refined copper. In 2020, Bars, rods & profiles of refined copper were the world's 1273rd most traded product, with a total trade of $1.95B. Between 2019 and 2020 the exports of Bars, rods & profiles of refined copper decreased by -7.59%, from $2.11B to $1.95B. 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 2020 the top exporters of Bars, rods & profiles of refined copper  were Germany ($231M), Thailand ($185M), Bulgaria ($176M), Chinese Taipei ($172M), and France ($167M).

Imports In 2020 the top importers of Bars, rods & profiles of refined copper were China ($219M), Germany ($146M), United States ($132M), Italy ($83.1M), and United Kingdom ($80.2M).

Tariffs In 2018 the average tariff for Bars, rods & profiles of refined copper was 4.65%, making it the 4495th lowest tariff using the HS6 product classification.

Ranking Bars, rods & profiles of refined copper ranks 2777th 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.

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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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Germany, $231M

Top Destination (2020): China, $219M

Bars, rods & profiles of refined copper are the world's 1273rd most traded product.

In 2020, the top exporters of Bars, rods & profiles of refined copper were Germany ($231M), Thailand ($185M), Bulgaria ($176M), Chinese Taipei ($172M), and France ($167M).

In 2020, the top importers of Bars, rods & profiles of refined copper were China ($219M), Germany ($146M), United States ($132M), Italy ($83.1M), and United Kingdom ($80.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Poland, $18.1M

Top Destination Growth (2019 - 2020): China, $33.4M

Between 2019 and 2020, the exports of Bars, rods & profiles of refined copper grew the fastest in Poland ($18.1M), Pakistan ($8.37M), Romania ($6.02M), South Africa ($4.71M), and Sweden ($4.03M).

Between 2019 and 2020, the fastest growing importers of Bars, rods & profiles of refined copper were China ($33.4M), Australia ($9.66M), Austria ($9.05M), Bulgaria ($5.03M), and Ireland ($4.33M).

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Market Concentration

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Cumulative market share

Value

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

In 2020,  market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Bars, rods & profiles of refined copper are explained by 22 countries.

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TOP NET EXPORTER (2020): Bulgaria, $168M

TOP NET IMPORTER (2020): China, $146M

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 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Bars, rods & profiles of refined copper were Bulgaria ($168M), Thailand ($159M), Malaysia ($143M), France ($114M), and Chinese Taipei ($92.9M).

In 2020, the countries that had a largest trade value in imports than in exports of Bars, rods & profiles of refined copper were China ($146M), Philippines ($68.4M), United Kingdom ($57.2M), United States ($54.1M), and Italy ($53.8M).

Country Comparison

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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.

Product Complexity

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Diversification Frontier

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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.