HS Icon Precipitated Copper

Copper mattes; cement copper (precipitated copper)

7401 (Harmonized System 1992 for 4-digit)

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).

View
Flow
Y-AXIS SCALE

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.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2021): Finland, $563M

Top Destination (2021): Russia, $609M

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).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Color

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).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

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.

Explore Visualizations

TOP NET EXPORTER (2021): Finland, $499M

TOP NET IMPORTER (2021): Russia, $607M

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).

Disaggregation

#permalink to section
Value

In 2021, the world most traded Precipitated Copper, disaggragated by their HS6 level were Copper mattes ($1.61B)

Country Comparison

#permalink to section
Flow
Measure
Ranking

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.

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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

#permalink to section

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