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Copper; master alloys

7405 (Harmonized System 1992 for 4-digit)

2022
World Trade $456MRnk 1065 / 1218
2022
Top Exporter | Top Importer $199M | $228MDemocratic Republic of the Congo | China
2021 - 2022
Export Growth (CAGR) 9.19%Rnk 436 / 1218
2022
Share of World Trade 0.0019%Rnk 1065 / 1218

About

Overview This page contains the latest trade data of Copper Alloys. In 2022, Copper Alloys were the world's 1065th most traded product, with a total trade of $456M. Between 2021 and 2022 the exports of Copper Alloys grew by 9.19%, from $418M to $456M. Trade in Copper Alloys represent 0.0019% of total world trade.

Copper Alloys are a part of Copper articles. They include Master alloys of copper.

Exports In 2022 the top exporters of Copper Alloys  were Democratic Republic of the Congo ($199M), Belgium ($69.8M), South Korea ($28.9M), Kazakhstan ($28.4M), and Italy ($19.5M).

Imports In 2022 the top importers of Copper Alloys were China ($228M), Germany ($53.8M), Italy ($13.1M), Spain ($9.86M), and Austria ($9.72M).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Copper Alloys. 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 (2022)Democratic Republic of the Congo$199M
Top Destination (2022)China$228M

In 2022 Copper Alloys were the world's 1065th most traded product (out of 1,218).

In 2022, the top exporters of Copper Alloys were Democratic Republic of the Congo ($199M), Belgium ($69.8M), South Korea ($28.9M), Kazakhstan ($28.4M), and Italy ($19.5M).

In 2022, the top importers of Copper Alloys were China ($228M), Germany ($53.8M), Italy ($13.1M), Spain ($9.86M), and Austria ($9.72M).

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Exporters of Copper Alloys (2022)
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Importers of Copper Alloys (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Democratic Republic of the Congo$94.1M
Top Destination Growth (2021 -  2022)China$90.4M

Between 2021 and 2022, the exports of Copper Alloys grew the fastest in Democratic Republic of the Congo ($94.1M), Belgium ($29M), Equatorial Guinea ($4.52M), South Korea ($2.32M), and United States ($2.28M).

Between 2021 and 2022, the fastest growing importers of Copper Alloys were China ($90.4M), Equatorial Guinea ($8.44M), Zambia ($4.3M), Greece ($2.31M), and Mexico ($1.73M).

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Exporters of Copper Alloys (2021 - 2022)

Importers of Copper Alloys (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Copper Alloys.

In 2022, market concentration measured using Shannon Entropy, was 3.04. This means that most of the exports of Copper Alloys are explained by 8 countries.

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Value of Exports in Copper Alloys

Net Trade

TOP NET EXPORTER (2022)Democratic Republic of the Congo$199M
TOP NET IMPORTER (2022)China$223M

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

In 2022, the countries that had a largest trade value in exports than in imports of Copper Alloys were Democratic Republic of the Congo ($199M), Belgium ($68.8M), Kazakhstan ($28.3M), South Korea ($21.2M), and Netherlands ($17.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Copper Alloys were China ($223M), Germany ($37.8M), Austria ($9.48M), Turkey ($9.22M), and United Arab Emirates ($8.24M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Copper Alloys by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $3.38k
TOP IMPORT POTENTIALZambia+ $261

Copper Alloys’s highest export potential is Germany. With an export gap of $3.38k.  Copper Alloys’s highest import potential is Zambia with an import gap of $261.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Copper Alloys to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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