Precipitated CopperCopper mattes; cement copper (precipitated copper)
7401 (Harmonized System 1992 for 4-digit)
2021 World Trade: $1.61B, Rnk 816 / 1217
2021 Top Exporter | Top Importer: $563M | $609M, Finland | Russia
2021 Product Complexity: -1.35, Rnk 919 / 1024
2020 - 2021 Export Growth (CAGR): 31.2%, Rnk 305 / 1217
2018 Mean Tariff: 2.81%, Rnk 1165 / 1259
2021 Share of World Trade: 0.0077%, Rnk 816 / 1217
Overview This page contains the latest trade data of Precipitated Copper. In 2021, Precipitated Copper were the world's 816th most traded product, with a total trade of $1.61B. Between 2020 and 2021 the exports of Precipitated Copper grew by 31.2%, from $1.23B to $1.61B. Trade in Precipitated Copper represent 0.0077% of total world trade.
Precipitated Copper are a part of Copper articles. They include Copper mattes and Cement copper (precipitated copper).
Exports In 2021 the top exporters of Precipitated Copper were Finland ($563M), Canada ($202M), Chile ($160M), Belgium ($118M), and Mexico ($96.5M).
Imports In 2021 the top importers of Precipitated Copper were Russia ($609M), South Korea ($236M), China ($165M), Norway ($124M), and Germany ($111M).
Tariffs In 2018 the average tariff for Precipitated Copper was 2.81%, making it the 1165th lowest tariff using the HS4 product classification.
Ranking Precipitated Copper ranks 919th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Precipitated Copper. 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
Precipitated Copper are the world's 816th most traded product.
In 2021, the top exporters of Precipitated Copper were Finland ($563M), Canada ($202M), Chile ($160M), Belgium ($118M), and Mexico ($96.5M).
In 2021, the top importers of Precipitated Copper were Russia ($609M), South Korea ($236M), China ($165M), Norway ($124M), and Germany ($111M).
Trade by country
Top Origin Growth (2020 - 2021): Finland, $193M
Top Destination Growth (2020 - 2021): Germany, $85.9M
Between 2020 and 2021, the exports of Precipitated Copper grew the fastest in Finland ($193M), Canada ($57.2M), Philippines ($56.7M), Belgium ($45.3M), and Zambia ($27.2M).
Between 2020 and 2021, the fastest growing importers of Precipitated Copper were Germany ($85.9M), Russia ($84.5M), South Korea ($65.6M), Australia ($64.1M), and Norway ($47.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Precipitated Copper.
In 2021, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Precipitated Copper are explained by 11 countries.
This map shows which countries export or import more of Precipitated Copper. Each country is colored based on the difference in exports and imports of Precipitated Copper during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Precipitated Copper were Finland ($499M), Canada ($190M), Chile ($160M), Mexico ($95.7M), and Philippines ($59.9M).
In 2021, the countries that had a largest trade value in imports than in exports of Precipitated Copper were Russia ($607M), South Korea ($200M), China ($164M), Norway ($110M), and Australia ($91.4M).
In 2021, the world most traded Precipitated Copper, disaggragated by their HS6 level were Copper mattes ($1.61B)
This visualization shows the countries that have an important ratio of their trade related to Precipitated Copper. It is possible to select the main countries that export or import Precipitated Copper 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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