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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)

2022
World Trade $1.53BRnk 851 / 1218
2022
Top Exporter | Top Importer $280M | $193MGermany | United States
2022
Product Complexity 1.28Rnk 90 / 1033
2021 - 2022
Export Growth (CAGR) 5.64%Rnk 590 / 1218
2022
Share of World Trade 0.0065%Rnk 851 / 1218

About

Overview This page contains the latest trade data of Copper Fasteners. In 2022, Copper Fasteners were the world's 851st most traded product, with a total trade of $1.53B. Between 2021 and 2022 the exports of Copper Fasteners grew by 5.64%, from $1.45B to $1.53B. Trade in Copper Fasteners represent 0.0065% 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 washers, including spring washers, Copper nails, tacks, drawing pins, staples etc, and Wood screws of copper and copper alloys.

Exports In 2022 the top exporters of Copper Fasteners  were Germany ($280M), China ($243M), Italy ($151M), Chinese Taipei ($123M), and United States ($122M).

Imports In 2022 the top importers of Copper Fasteners were United States ($193M), Germany ($153M), Mexico ($90.4M), Czechia ($68M), and Poland ($66.9M).

Ranking Copper Fasteners ranks 90th 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.

Latest Trends

Latest Data

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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.

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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)Germany$280M
Top Destination (2022)United States$193M

In 2022 Copper Fasteners were the world's 851st most traded product (out of 1,218).

In 2022, the top exporters of Copper Fasteners were Germany ($280M), China ($243M), Italy ($151M), Chinese Taipei ($123M), and United States ($122M).

In 2022, the top importers of Copper Fasteners were United States ($193M), Germany ($153M), Mexico ($90.4M), Czechia ($68M), and Poland ($66.9M).

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

Color
Top Origin Growth (2021 -  2022)China$20.6M
Top Destination Growth (2021 -  2022)United States$39.2M

Between 2021 and 2022, the exports of Copper Fasteners grew the fastest in China ($20.6M), India ($16.2M), United States ($15.6M), Chinese Taipei ($15.2M), and Singapore ($6.65M).

Between 2021 and 2022, the fastest growing importers of Copper Fasteners were United States ($39.2M), Indonesia ($9.33M), Italy ($6.46M), Mexico ($6.31M), and United Kingdom ($5.07M).

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Exporters of Copper Fasteners (2021 - 2022)

Importers of Copper Fasteners (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Copper Fasteners are explained by 18 countries.

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Value of Exports in Copper Fasteners

Net Trade

TOP NET EXPORTER (2022)China$184M
TOP NET IMPORTER (2022)Mexico$72.1M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Copper Fasteners were China ($184M), Germany ($127M), Chinese Taipei ($119M), Italy ($115M), and India ($51.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Copper Fasteners were Mexico ($72.1M), United States ($70.3M), Czechia ($56M), Poland ($51.6M), and Indonesia ($37.4M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Copper Fasteners, disaggragated by their HS6 level were Copper screws, bolts or nuts except... ($642M), Copper screw hooks and similar articles ($405M), Copper cotters/cotter pins/unthreaded hardware nes ($278M), Copper washers, including spring washers ($131M), and Copper nails, tacks, drawing pins, staples... ($75.5M)

HS6 Disaggregation for Copper Fasteners (2022)
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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.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $1.68M
TOP IMPORT POTENTIALIndia+ $3.77M

Copper Fasteners’s highest export potential is China. With an export gap of $1.68M.  Copper Fasteners’s highest import potential is India with an import gap of $3.77M.

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 Fasteners 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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