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740312 (Harmonized System 1992 for 6-digit)

2023
World Trade $73.3MRnk 4205 / 4644
2023
Top Exporter | Top Importer $10.2M | $29.6MNetherlands | China
2023
Product Complexity -1.65Rnk 4365 / 4656
2022 - 2023
Export Growth (CAGR) -33.5%Rnk 4334 / 4644
2023
Share of World Trade 0.00032%Rnk 4205 / 4644

About

Overview This page contains the latest trade data of Wire bars, copper, unwrought. In 2023, Wire bars, copper, unwrought were the world's 4205th most traded product, with a total trade of $73.3M. Between 2022 and 2023 the exports of Wire bars, copper, unwrought decreased by -33.5%, from $110M to $73.3M. Trade in Wire bars, copper, unwrought represent 0.00032% of total world trade.

Wire bars, copper, unwrought are a part of Refined Copper.

Exports In 2023 the top exporters of Wire bars, copper, unwrought  were Netherlands ($10.2M), Egypt ($8.43M), Angola ($6.98M), Italy ($6.35M), and Oman ($5.87M).

Imports In 2023 the top importers of Wire bars, copper, unwrought were China ($29.6M), Belgium ($9.4M), United Arab Emirates ($8.37M), Spain ($5.46M), and Canada ($3.22M).

Ranking Wire bars, copper, unwrought ranks 4365th in the Product Complexity Index (PCI).

Description Wire bars are used to make fences and are made of a metal wire. Unwrought copper is used to make coins and wiring.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire bars, copper, unwrought. 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)Netherlands$10.2M
Top Destination (2023)China$29.6M

In 2023 Wire bars, copper, unwrought were the world's 4205th most traded product (out of 4,644).

In 2023, the top exporters of Wire bars, copper, unwrought were Netherlands ($10.2M), Egypt ($8.43M), Angola ($6.98M), Italy ($6.35M), and Oman ($5.87M).

In 2023, the top importers of Wire bars, copper, unwrought were China ($29.6M), Belgium ($9.4M), United Arab Emirates ($8.37M), Spain ($5.46M), and Canada ($3.22M).

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Exporters of Wire bars, copper, unwrought (2023)
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Importers of Wire bars, copper, unwrought (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$7.85M
Top Destination Growth (2022 -  2023)Belgium$8.99M

Between 2022 and 2023, the exports of Wire bars, copper, unwrought grew the fastest in Netherlands ($7.85M), Oman ($5.84M), India ($2.6M), Pakistan ($2.35M), and Algeria ($1.75M).

Between 2022 and 2023, the fastest growing importers of Wire bars, copper, unwrought were Belgium ($8.99M), United Arab Emirates ($8.01M), Canada ($3.15M), Singapore ($568k), and Ethiopia ($504k).

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Exporters of Wire bars, copper, unwrought (2022 - 2023)

Importers of Wire bars, copper, unwrought (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire bars, copper, unwrought.

In 2023, market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Wire bars, copper, unwrought are explained by 20 countries.

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Value of Exports in Wire bars, copper, unwrought

Net Trade

TOP NET EXPORTER (2023)Netherlands$9.82M
TOP NET IMPORTER (2023)China$28.2M

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

In 2023, the countries that had a largest trade value in exports than in imports of Wire bars, copper, unwrought were Netherlands ($9.82M), Egypt ($8.01M), Angola ($6.98M), Italy ($6.33M), and Oman ($5.87M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire bars, copper, unwrought were China ($28.2M), Belgium ($9.1M), United Arab Emirates ($7.66M), Spain ($5.24M), and Canada ($3.19M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Wire bars, copper, unwrought 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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