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Pricing

Copper; tube or pipe fittings (e.g. couplings, elbows, sleeves)

7412 (Harmonized System 1992 for 4-digit)

2023
World Trade $5.98BRnk 488 / 1217
2023
Top Exporter | Top Importer $1.5B | $888MChina | United States
2023
Product Complexity 0.95Rnk 191 / 1044
2022 - 2023
Export Growth (CAGR) -8.87%Rnk 709 / 1217
2023
Share of World Trade 0.026%Rnk 488 / 1217

About

Overview This page contains the latest trade data of Copper Pipe Fittings. In 2023, Copper Pipe Fittings were the world's 488th most traded product, with a total trade of $5.98B. Between 2022 and 2023 the exports of Copper Pipe Fittings decreased by -8.87%, from $6.56B to $5.98B. Trade in Copper Pipe Fittings represent 0.026% of total world trade.

Copper Pipe Fittings are a part of Copper articles. They include Pipe & tube fittings, of copper alloys and Pipe & tube fittings, of refined copper.

Exports In 2023 the top exporters of Copper Pipe Fittings  were China ($1.5B), Germany ($931M), Italy ($868M), United States ($314M), and Poland ($230M).

Imports In 2023 the top importers of Copper Pipe Fittings were United States ($888M), Germany ($560M), France ($348M), Poland ($282M), and Mexico ($263M).

Ranking Copper Pipe Fittings ranks 191st in the Product Complexity Index (PCI).

Description Copper tube or pipe fittings are used to connect copper pipes together. They can be made from different materials, including brass and stainless steel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Copper Pipe Fittings. 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 (2023)China$1.5B
Top Destination (2023)United States$888M

In 2023 Copper Pipe Fittings were the world's 488th most traded product (out of 1,217).

In 2023, the top exporters of Copper Pipe Fittings were China ($1.5B), Germany ($931M), Italy ($868M), United States ($314M), and Poland ($230M).

In 2023, the top importers of Copper Pipe Fittings were United States ($888M), Germany ($560M), France ($348M), Poland ($282M), and Mexico ($263M).

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Exporters of Copper Pipe Fittings (2023)
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Importers of Copper Pipe Fittings (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$31.2M
Top Destination Growth (2022 -  2023)Mexico$24.3M

Between 2022 and 2023, the exports of Copper Pipe Fittings grew the fastest in United States ($31.2M), Serbia ($28.5M), Poland ($17.6M), Canada ($9.73M), and Spain ($7.82M).

Between 2022 and 2023, the fastest growing importers of Copper Pipe Fittings were Mexico ($24.3M), Turkey ($12.6M), Ethiopia ($10.9M), United Arab Emirates ($9.52M), and Serbia ($9.47M).

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Exporters of Copper Pipe Fittings (2022 - 2023)

Importers of Copper Pipe Fittings (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Copper Pipe Fittings.

In 2023, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Copper Pipe Fittings are explained by 16 countries.

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Value of Exports in Copper Pipe Fittings

Net Trade

TOP NET EXPORTER (2023)China$1.4B
TOP NET IMPORTER (2023)United States$574M

This map shows which countries export or import more of Copper Pipe Fittings. Each country is colored based on the difference in exports and imports of Copper Pipe Fittings during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Copper Pipe Fittings were China ($1.4B), Italy ($717M), Germany ($371M), Turkey ($128M), and South Korea ($108M).

In 2023, the countries that had a largest trade value in imports than in exports of Copper Pipe Fittings were United States ($574M), France ($250M), Russia ($204M), Mexico ($178M), and United Kingdom ($137M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Copper Pipe Fittings, disaggragated by their HS6 level were Pipe & tube fittings, of copper... ($4.86B) and Pipe & tube fittings, of refined... ($1.12B)

HS6 Disaggregation for Copper Pipe Fittings (2023)
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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 Pipe Fittings.
It is possible to select the main countries that export or import Copper Pipe Fittings in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Copper Pipe Fittings by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $27.9M
TOP IMPORT POTENTIALItaly+ $5.6M

Copper Pipe Fittings’s highest export potential is Russia. With an export gap of $27.9M.  Copper Pipe Fittings’s highest import potential is Italy with an import gap of $5.6M.

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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Copper Pipe Fittings.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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