Copper Alloys7405 (Harmonized System 1992 for 4-digit)
2020 World Trade: $388M, Rnk 1048 / 1217
2020 Top Exporter | Top Importer: $85.2M | $107M, Democratic Republic of the Congo | Germany
2019 - 2020 Export Growth (CAGR): 17%, Rnk 66 / 1217
2018 Mean Tariff: 2.69%, Rnk 1175 / 1259
2020 Share of World Trade: 0.0023%, Rnk 1048 / 1217
Overview This page contains the latest trade data of Copper Alloys. In 2020, Copper Alloys were the world's 1048th most traded product, with a total trade of $388M. Between 2019 and 2020 the exports of Copper Alloys grew by 17%, from $331M to $388M. Trade in Copper Alloys represent 0.0023% of total world trade.
Copper Alloys are a part of Copper articles. They include Master alloys of copper.
Exports In 2020 the top exporters of Copper Alloys were Democratic Republic of the Congo ($85.2M), Belgium ($80.7M), Zambia ($62.2M), United Kingdom ($31.9M), and Netherlands ($29.1M).
Imports In 2020 the top importers of Copper Alloys were Germany ($107M), China ($101M), Luxembourg ($56.8M), France ($9.02M), and Italy ($8.28M).
Tariffs In 2018 the average tariff for Copper Alloys was 2.69%, making it the 1175th lowest tariff using the HS4 product classification.
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): Democratic Republic of the Congo, $85.2M
Top Destination (2020): Germany, $107M
Copper Alloys are the world's 1048th most traded product.
In 2020, the top exporters of Copper Alloys were Democratic Republic of the Congo ($85.2M), Belgium ($80.7M), Zambia ($62.2M), United Kingdom ($31.9M), and Netherlands ($29.1M).
In 2020, the top importers of Copper Alloys were Germany ($107M), China ($101M), Luxembourg ($56.8M), France ($9.02M), and Italy ($8.28M).
Trade by country
Top Origin Growth (2019 - 2020): Democratic Republic of the Congo, $83.3M
Top Destination Growth (2019 - 2020): China, $67.2M
Between 2019 and 2020, the exports of Copper Alloys grew the fastest in Democratic Republic of the Congo ($83.3M), Netherlands ($5.73M), New Zealand ($2.12M), South Africa ($2.03M), and Singapore ($1.41M).
Between 2019 and 2020, the fastest growing importers of Copper Alloys were China ($67.2M), Luxembourg ($28.4M), Germany ($11.3M), Australia ($2.73M), and Switzerland ($2.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Copper Alloys.
In 2020, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Copper Alloys are explained by 10 countries.
TOP NET EXPORTER (2020): Democratic Republic of the Congo, $85.2M
TOP NET IMPORTER (2020): Germany, $98.6M
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Copper Alloys were Democratic Republic of the Congo ($85.2M), Belgium ($80.2M), Zambia ($60M), United Kingdom ($28.8M), and Netherlands ($27.7M).
In 2020, the countries that had a largest trade value in imports than in exports of Copper Alloys were Germany ($98.6M), China ($97.2M), Austria ($8.14M), France ($6.54M), and Turkey ($5.14M).
In 2020, the world most traded Copper Alloys, disaggragated by their HS6 level were Master alloys of copper ($388M)
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.
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.
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