Copper mattes; cement copper (precipitated copper)

7401 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Precipitated Copper. In 2022, Precipitated Copper were the world's 828th most traded product, with a total trade of $1.64B. Between 2021 and 2022 the exports of Precipitated Copper grew by 1.59%, from $1.61B to $1.64B. Trade in Precipitated Copper represent 0.0069% of total world trade.

Precipitated Copper are a part of Copper articles. They include Copper mattes and Cement copper (precipitated copper).

Exports In 2022 the top exporters of Precipitated Copper  were Finland ($772M), Canada ($236M), Mexico ($102M), Belgium ($67.9M), and Germany ($33.9M).

Imports In 2022 the top importers of Precipitated Copper were Russia ($641M), South Korea ($256M), Germany ($164M), China ($134M), and Norway ($120M).

Ranking Precipitated Copper ranks 957th in the Product Complexity Index (PCI).

Latest Data

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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.

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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)Finland$772M
Top Destination (2022)Russia$641M

In 2022 Precipitated Copper were the world's 828th most traded product (out of 1,218).

In 2022, the top exporters of Precipitated Copper were Finland ($772M), Canada ($236M), Mexico ($102M), Belgium ($67.9M), and Germany ($33.9M).

In 2022, the top importers of Precipitated Copper were Russia ($641M), South Korea ($256M), Germany ($164M), China ($134M), and Norway ($120M).

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

Color
Top Origin Growth (2021 -  2022)Finland$209M
Top Destination Growth (2021 -  2022)Germany$53.1M

Between 2021 and 2022, the exports of Precipitated Copper grew the fastest in Finland ($209M), Canada ($36.5M), Netherlands ($21M), Thailand ($11.8M), and Tanzania ($11.2M).

Between 2021 and 2022, the fastest growing importers of Precipitated Copper were Germany ($53.1M), Russia ($30.4M), South Korea ($16.6M), Bulgaria ($13.4M), and Canada ($10.2M).

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Exporters of Precipitated Copper (2021 - 2022)

Importers of Precipitated Copper (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.19. This means that most of the exports of Precipitated Copper are explained by 9 countries.

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Value of Exports in Precipitated Copper

Net Trade

TOP NET EXPORTER (2022)Finland$715M
TOP NET IMPORTER (2022)Russia$641M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Precipitated Copper were Finland ($715M), Canada ($214M), Mexico ($102M), Indonesia ($32.1M), and Chile ($30.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Precipitated Copper were Russia ($641M), South Korea ($225M), China ($133M), Germany ($130M), and Norway ($105M).

Net Trade (2022)

Country Comparison

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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.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNetherlands+ $77.7k
TOP IMPORT POTENTIALUnited Kingdom+ $43.8k

Precipitated Copper’s highest export potential is Netherlands. With an export gap of $77.7k.  Precipitated Copper’s highest import potential is United Kingdom with an import gap of $43.8k.

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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 Precipitated Copper 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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