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740319 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.82BRnk 1155 / 4644
2023
Top Exporter | Top Importer $495M | $1.59BPakistan | China
2023
Product Complexity -1.73Rnk 4408 / 4656
2022 - 2023
Export Growth (CAGR) 6.64%Rnk 897 / 4644
2023
Share of World Trade 0.012%Rnk 1155 / 4644

About

Overview This page contains the latest trade data of Refined copper products, unwrought, nes. In 2023, Refined copper products, unwrought, nes were the world's 1155th most traded product, with a total trade of $2.82B. Between 2022 and 2023 the exports of Refined copper products, unwrought, nes grew by 6.64%, from $2.65B to $2.82B. Trade in Refined copper products, unwrought, nes represent 0.012% of total world trade.

Refined copper products, unwrought, nes are a part of Refined Copper.

Exports In 2023 the top exporters of Refined copper products, unwrought, nes  were Pakistan ($495M), Japan ($338M), Namibia ($247M), South Africa ($213M), and Kazakhstan ($206M).

Imports In 2023 the top importers of Refined copper products, unwrought, nes were China ($1.59B), Chinese Taipei ($189M), Belgium ($170M), Turkey ($101M), and South Korea ($94.8M).

Ranking Refined copper products, unwrought, nes ranks 4408th in the Product Complexity Index (PCI).

Description Common uses for copper materials are in electrical transmission and distribution, in pipes, in household plumbing, in electrical wiring, and in electrical wiring. Copper is also used in roofing, in the manufacture of paints, in cookware, and in water heaters.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Refined copper products, unwrought, nes. 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)Pakistan$495M
Top Destination (2023)China$1.59B

In 2023 Refined copper products, unwrought, nes were the world's 1155th most traded product (out of 4,644).

In 2023, the top exporters of Refined copper products, unwrought, nes were Pakistan ($495M), Japan ($338M), Namibia ($247M), South Africa ($213M), and Kazakhstan ($206M).

In 2023, the top importers of Refined copper products, unwrought, nes were China ($1.59B), Chinese Taipei ($189M), Belgium ($170M), Turkey ($101M), and South Korea ($94.8M).

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Exporters of Refined copper products, unwrought, nes (2023)
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Importers of Refined copper products, unwrought, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Namibia$243M
Top Destination Growth (2022 -  2023)China$317M

Between 2022 and 2023, the exports of Refined copper products, unwrought, nes grew the fastest in Namibia ($243M), Kazakhstan ($205M), Philippines ($65.6M), Malaysia ($64.6M), and Romania ($58.3M).

Between 2022 and 2023, the fastest growing importers of Refined copper products, unwrought, nes were China ($317M), Belgium ($157M), Netherlands ($89.1M), Turkey ($83M), and Latvia ($77.3M).

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Exporters of Refined copper products, unwrought, nes (2022 - 2023)

Importers of Refined copper products, unwrought, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Refined copper products, unwrought, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.47. This means that most of the exports of Refined copper products, unwrought, nes are explained by 22 countries.

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Value of Exports in Refined copper products, unwrought, nes

Net Trade

TOP NET EXPORTER (2023)Pakistan$495M
TOP NET IMPORTER (2023)China$1.58B

This map shows which countries export or import more of Refined copper products, unwrought, nes. Each country is colored based on the difference in exports and imports of Refined copper products, unwrought, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Refined copper products, unwrought, nes were Pakistan ($495M), Japan ($333M), Namibia ($247M), South Africa ($213M), and Kazakhstan ($206M).

In 2023, the countries that had a largest trade value in imports than in exports of Refined copper products, unwrought, nes were China ($1.58B), Chinese Taipei ($173M), Belgium ($137M), Turkey ($77.2M), and Latvia ($76.9M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Refined copper products, unwrought, nes.
It is possible to select the main countries that export or import Refined copper products, unwrought, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Refined copper products, unwrought, nes by percentage of total exports

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)

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