HS Icon Copper Housewares

7418 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Copper Housewares. In 2020, Copper Housewares were the world's 969th most traded product, with a total trade of $673M. Between 2019 and 2020 the exports of Copper Housewares decreased by -4.06%, from $702M to $673M. Trade in Copper Housewares represent 0.004% of total world trade.

Copper Housewares are a part of Copper articles. They include Sanitary ware and parts thereof of copper and Table/kitchen articles of copper, pot scourers.

Exports In 2020 the top exporters of Copper Housewares  were China ($292M), Germany ($98.3M), India ($33.7M), Chinese Taipei ($28.2M), and Italy ($27.8M).

Imports In 2020 the top importers of Copper Housewares were United States ($87.3M), Germany ($69.1M), United Kingdom ($43.3M), Australia ($38.5M), and France ($30.3M).

Tariffs In 2018 the average tariff for Copper Housewares was 12.8%, making it the 269th lowest tariff using the HS4 product classification.

Ranking Copper Housewares ranks 444th in the Product Complexity Index (PCI).

Description Copper is used to make table, kitchen or other household articles, sanitary ware, and parts thereof. Copper can also be used to make pot scourers and scouring or polishing pads, gloves and the like.

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Y-AXIS SCALE

The following visualization shows the latest trends on Copper Housewares. 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): China, $292M

Top Destination (2020): United States, $87.3M

Copper Housewares are the world's 969th most traded product.

In 2020, the top exporters of Copper Housewares were China ($292M), Germany ($98.3M), India ($33.7M), Chinese Taipei ($28.2M), and Italy ($27.8M).

In 2020, the top importers of Copper Housewares were United States ($87.3M), Germany ($69.1M), United Kingdom ($43.3M), Australia ($38.5M), and France ($30.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Japan, $3.22M

Top Destination Growth (2019 - 2020): Netherlands, $5.57M

Between 2019 and 2020, the exports of Copper Housewares grew the fastest in Japan ($3.22M), Austria ($2.06M), Belgium ($1.95M), Greece ($1.25M), and Romania ($1.14M).

Between 2019 and 2020, the fastest growing importers of Copper Housewares were Netherlands ($5.57M), Russia ($4.49M), Australia ($3.53M), Indonesia ($2.91M), and Denmark ($1.52M).

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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 Housewares.

In 2020,  market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Copper Housewares are explained by 10 countries.

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TOP NET EXPORTER (2020): China, $278M

TOP NET IMPORTER (2020): United States, $80.8M

This map shows which countries export or import more of Copper Housewares. Each country is colored based on the difference in exports and imports of Copper Housewares during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Copper Housewares were China ($278M), Germany ($29.2M), India ($26.1M), Chinese Taipei ($21.4M), and Thailand ($12.8M).

In 2020, the countries that had a largest trade value in imports than in exports of Copper Housewares were United States ($80.8M), Australia ($37.7M), United Kingdom ($30.1M), Canada ($16.5M), and Saudi Arabia ($15.9M).

Disaggregation

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Value

In 2020, the world most traded Copper Housewares, disaggragated by their HS6 level were Sanitary ware and parts thereof of... ($557M) and Table/kitchen articles of copper, pot scourers ($116M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Copper Housewares.
It is possible to select the main countries that export or import Copper Housewares 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 Housewares to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.