HS Icon Copper Fasteners

Copper, nails, tacks, drawing pins, staples (not those of heading no. 8305) and the like, of copper or iron or steel with heads of copper; screws bolts, nuts, screws hooks, rivets, cotters, washers

7415 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Copper Fasteners. In 2021, Copper Fasteners were the world's 855th most traded product, with a total trade of $1.43B. Between 2020 and 2021 the exports of Copper Fasteners grew by 33.3%, from $1.07B to $1.43B. Trade in Copper Fasteners represent 0.000068% of total world trade.

Copper Fasteners are a part of Copper articles. They include Copper screws, bolts or nuts except wood screws, Copper screw hooks and similar articles, Copper cotters/cotter pins/unthreaded hardware nes, Copper nails, tacks, drawing pins, staples etc, Copper washers, including spring washers, and Wood screws of copper and copper alloys.

Exports In 2021 the top exporters of Copper Fasteners  were Germany ($278M), China ($204M), Italy ($151M), Chinese Taipei ($108M), and United States ($107M).

Imports In 2021 the top importers of Copper Fasteners were United States ($154M), Germany ($147M), Mexico ($83.2M), Czechia ($73M), and Poland ($63.2M).

Tariffs In 2018 the average tariff for Copper Fasteners was 6.81%, making it the 632nd lowest tariff using the HS4 product classification.

Ranking Copper Fasteners ranks 65th in the Product Complexity Index (PCI).

Description Nails, tacks, drawing pins, staples and similar articles are used to hold things together. They can be made from a variety of materials, including copper, iron or steel.

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The following visualization shows the latest trends on Copper Fasteners. 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 (2021): Germany, $278M

Top Destination (2021): United States, $154M

Copper Fasteners are the world's 855th most traded product.

In 2021, the top exporters of Copper Fasteners were Germany ($278M), China ($204M), Italy ($151M), Chinese Taipei ($108M), and United States ($107M).

In 2021, the top importers of Copper Fasteners were United States ($154M), Germany ($147M), Mexico ($83.2M), Czechia ($73M), and Poland ($63.2M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Germany, $65.6M

Top Destination Growth (2020 -  2021): United States, $43.7M

Between 2020 and 2021, the exports of Copper Fasteners grew the fastest in Germany ($65.6M), China ($48.9M), Italy ($42.8M), Chinese Taipei ($31.6M), and France ($20.5M).

Between 2020 and 2021, the fastest growing importers of Copper Fasteners were United States ($43.7M), Germany ($36.4M), Czechia ($21.5M), Poland ($20M), and Mexico ($18.6M).

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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 Copper Fasteners.

In 2021, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Copper Fasteners are explained by 18 countries.

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TOP NET EXPORTER (2021): China, $151M

TOP NET IMPORTER (2021): Mexico, $64.8M

This map shows which countries export or import more of Copper Fasteners. Each country is colored based on the difference in exports and imports of Copper Fasteners during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Copper Fasteners were China ($151M), Germany ($130M), Italy ($122M), Chinese Taipei ($103M), and Switzerland ($38M).

In 2021, the countries that had a largest trade value in imports than in exports of Copper Fasteners were Mexico ($64.8M), Czechia ($61.5M), Poland ($49.6M), United States ($47.7M), and Hungary ($28.4M).

Disaggregation

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Value

In 2021, the world most traded Copper Fasteners, disaggragated by their HS6 level were Copper screws, bolts or nuts except... ($600M), Copper screw hooks and similar articles ($372M), Copper cotters/cotter pins/unthreaded hardware nes ($256M), Copper washers, including spring washers ($119M), and Copper nails, tacks, drawing pins, staples... ($81.1M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Copper Fasteners.
It is possible to select the main countries that export or import Copper Fasteners 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.

Country by Relatedness

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