Raw Copper7402 (Harmonized System 1992 for 4-digit)
2020 World Trade: $14.4B, Rnk 232 / 1217
2020 Top Exporter | Top Importer: $5.77B | $5.34B, Zambia | China
2020 Product Complexity: -1.67, Rnk 971 / 1028
2019 - 2020 Export Growth (CAGR): 23.8%, Rnk 39 / 1217
2018 Mean Tariff: 1.93%, Rnk 1247 / 1259
2020 Share of World Trade: 0.086%, Rnk 232 / 1217
Overview This page contains the latest trade data of Raw Copper. In 2020, Raw Copper were the world's 232nd most traded product, with a total trade of $14.4B. Between 2019 and 2020 the exports of Raw Copper grew by 23.8%, from $11.6B to $14.4B. Trade in Raw Copper represent 0.086% of total world trade.
Raw Copper are a part of Copper articles. They include Unrefined copper, copper anodes, electrolytic refinin.
Exports In 2020 the top exporters of Raw Copper were Zambia ($5.77B), Chile ($1.88B), Namibia ($1.37B), Bulgaria ($1.01B), and Democratic Republic of the Congo ($710M).
Imports In 2020 the top importers of Raw Copper were China ($5.34B), Switzerland ($2.3B), Belgium ($1.29B), Namibia ($1.18B), and India ($1.03B).
Tariffs In 2018 the average tariff for Raw Copper was 1.93%, making it the 1247th lowest tariff using the HS4 product classification.
Ranking Raw Copper ranks 971st in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Raw 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
Raw Copper are the world's 232nd most traded product.
In 2020, the top exporters of Raw Copper were Zambia ($5.77B), Chile ($1.88B), Namibia ($1.37B), Bulgaria ($1.01B), and Democratic Republic of the Congo ($710M).
In 2020, the top importers of Raw Copper were China ($5.34B), Switzerland ($2.3B), Belgium ($1.29B), Namibia ($1.18B), and India ($1.03B).
Trade by country
Between 2019 and 2020, the exports of Raw Copper grew the fastest in Chile ($374M), Democratic Republic of the Congo ($362M), Zambia ($333M), South Africa ($267M), and Tanzania ($249M).
Between 2019 and 2020, the fastest growing importers of Raw Copper were China ($1.71B), India ($645M), Singapore ($326M), Namibia ($136M), and Switzerland ($101M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Raw Copper.
In 2020, market concentration measured using Shannon Entropy, was 3.27. This means that most of the exports of Raw Copper are explained by 9 countries.
This map shows which countries export or import more of Raw Copper. Each country is colored based on the difference in exports and imports of Raw Copper during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Raw Copper were Zambia ($5.76B), Chile ($1.88B), Bulgaria ($1.01B), Democratic Republic of the Congo ($710M), and South Africa ($620M).
In 2020, the countries that had a largest trade value in imports than in exports of Raw Copper were China ($5.33B), Switzerland ($2.3B), India ($1.02B), Belgium ($844M), and Singapore ($650M).
In 2020, the world most traded Raw Copper, disaggragated by their HS6 level were Unrefined copper, copper anodes, electrolytic refinin ($14.4B)
This visualization shows the countries that have an important ratio of their trade related to Raw Copper. It is possible to select the main countries that export or import Raw 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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