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740829 (Harmonized System 1992 for 6-digit)

2023
World Trade $771MRnk 2404 / 4644
2023
Top Exporter | Top Importer $123M | $74.6MChina | Germany
2023
Product Complexity -0.048Rnk 2619 / 4656
2022 - 2023
Export Growth (CAGR) -6.63%Rnk 2295 / 4644
2023
Share of World Trade 0.0034%Rnk 2404 / 4644

About

Overview This page contains the latest trade data of Wire, copper alloy, except nickel/zinc alloys. In 2023, Wire, copper alloy, except nickel/zinc alloys were the world's 2404th most traded product, with a total trade of $771M. Between 2022 and 2023 the exports of Wire, copper alloy, except nickel/zinc alloys decreased by -6.63%, from $825M to $771M. Trade in Wire, copper alloy, except nickel/zinc alloys represent 0.0034% of total world trade.

Wire, copper alloy, except nickel/zinc alloys are a part of Copper Wire.

Exports In 2023 the top exporters of Wire, copper alloy, except nickel/zinc alloys  were China ($123M), Germany ($100M), Japan ($68.5M), United States ($62.1M), and Malaysia ($41.2M).

Imports In 2023 the top importers of Wire, copper alloy, except nickel/zinc alloys were Germany ($74.6M), United States ($67.6M), China ($53.4M), Italy ($42M), and Vietnam ($41.2M).

Ranking Wire, copper alloy, except nickel/zinc alloys ranks 2619th in the Product Complexity Index (PCI).

Description Copper is used in the production of electrical wiring, pottery, and coins. Copper-based alloys are used in plumbing, roofing, cooking utensils, and jewelry. Copper, nickel, and zinc are used to manufacture brass. Nickel and zinc are used to manufacture nickel/zinc alloys.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire, copper alloy, except nickel/zinc alloys. 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)China$123M
Top Destination (2023)Germany$74.6M

In 2023 Wire, copper alloy, except nickel/zinc alloys were the world's 2404th most traded product (out of 4,644).

In 2023, the top exporters of Wire, copper alloy, except nickel/zinc alloys were China ($123M), Germany ($100M), Japan ($68.5M), United States ($62.1M), and Malaysia ($41.2M).

In 2023, the top importers of Wire, copper alloy, except nickel/zinc alloys were Germany ($74.6M), United States ($67.6M), China ($53.4M), Italy ($42M), and Vietnam ($41.2M).

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Exporters of Wire, copper alloy, except nickel/zinc alloys (2023)
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Importers of Wire, copper alloy, except nickel/zinc alloys (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Jordan$20.7M
Top Destination Growth (2022 -  2023)Chinese Taipei$22.5M

Between 2022 and 2023, the exports of Wire, copper alloy, except nickel/zinc alloys grew the fastest in Jordan ($20.7M), Malaysia ($17.8M), Vietnam ($10.8M), Germany ($8.4M), and China ($7.58M).

Between 2022 and 2023, the fastest growing importers of Wire, copper alloy, except nickel/zinc alloys were Chinese Taipei ($22.5M), Iraq ($20.2M), Czechia ($8.68M), Serbia ($8.06M), and Lithuania ($6.19M).

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Exporters of Wire, copper alloy, except nickel/zinc alloys (2022 - 2023)

Importers of Wire, copper alloy, except nickel/zinc alloys (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, copper alloy, except nickel/zinc alloys.

In 2023, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Wire, copper alloy, except nickel/zinc alloys are explained by 21 countries.

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Value of Exports in Wire, copper alloy, except nickel/zinc alloys

Net Trade

TOP NET EXPORTER (2023)China$69.6M
TOP NET IMPORTER (2023)Mexico$27.5M

This map shows which countries export or import more of Wire, copper alloy, except nickel/zinc alloys. Each country is colored based on the difference in exports and imports of Wire, copper alloy, except nickel/zinc alloys during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wire, copper alloy, except nickel/zinc alloys were China ($69.6M), Japan ($35.4M), Austria ($30.6M), Spain ($26.2M), and Germany ($25.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire, copper alloy, except nickel/zinc alloys were Mexico ($27.5M), Italy ($26.3M), Chinese Taipei ($24M), Czechia ($19.9M), and Indonesia ($19.5M).

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, copper alloy, except nickel/zinc alloys.
It is possible to select the main countries that export or import Wire, copper alloy, except nickel/zinc alloys in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire, copper alloy, except nickel/zinc alloys 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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