Wire of refined copper < 6mm wide740819 (Harmonized System 1992 for 6-digit)
2021 World Trade: $5.28B, Rnk 687 / 4641
2021 Top Exporter | Top Importer: $614M | $510M, Germany | China
2021 Product Complexity: -0.22, Rnk 2828 / 4648
2020 - 2021 Export Growth (CAGR): 71.1%, Rnk 191 / 4641
2018 Mean Tariff: 4.74%, Rnk 4403 / 6538
2021 Share of World Trade: 0.00025%, Rnk 687 / 4641
Overview This page contains the latest trade data of Wire of refined copper < 6mm wide. In 2021, Wire of refined copper < 6mm wide were the world's 687th most traded product, with a total trade of $5.28B. Between 2020 and 2021 the exports of Wire of refined copper < 6mm wide grew by 71.1%, from $3.08B to $5.28B. Trade in Wire of refined copper < 6mm wide represent 0.00025% of total world trade.
Wire of refined copper < 6mm wide are a part of Copper Wire.
Exports In 2021 the top exporters of Wire of refined copper < 6mm wide were Germany ($614M), Turkey ($591M), Thailand ($413M), Indonesia ($370M), and Malaysia ($352M).
Imports In 2021 the top importers of Wire of refined copper < 6mm wide were China ($510M), India ($479M), Vietnam ($409M), Philippines ($294M), and Italy ($275M).
Tariffs In 2018 the average tariff for Wire of refined copper < 6mm wide was 4.74%, making it the 4403rd lowest tariff using the HS6 product classification.
Ranking Wire of refined copper < 6mm wide ranks 2828th in the Product Complexity Index (PCI).
Description Wire is used as a conductor for electrical devices, and it also has many other uses. Electrical wire can be used to repair broken or damaged electrical connections, as an insulator in heaters and motors, and as a protective coating for electrical cables.
The following visualization shows the latest trends on Wire of refined copper < 6mm wide. 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
Wire of refined copper < 6mm wide are the world's 687th most traded product.
In 2021, the top exporters of Wire of refined copper < 6mm wide were Germany ($614M), Turkey ($591M), Thailand ($413M), Indonesia ($370M), and Malaysia ($352M).
In 2021, the top importers of Wire of refined copper < 6mm wide were China ($510M), India ($479M), Vietnam ($409M), Philippines ($294M), and Italy ($275M).
Trade by country
Between 2020 and 2021, the exports of Wire of refined copper < 6mm wide grew the fastest in Turkey ($259M), Malaysia ($243M), Indonesia ($164M), Thailand ($146M), and Germany ($141M).
Between 2020 and 2021, the fastest growing importers of Wire of refined copper < 6mm wide were India ($301M), Vietnam ($165M), China ($161M), Turkey ($143M), and Philippines ($130M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Wire of refined copper < 6mm wide.
In 2021, market concentration measured using Shannon Entropy, was 4.5. This means that most of the exports of Wire of refined copper < 6mm wide are explained by 22 countries.
This map shows which countries export or import more of Wire of refined copper < 6mm wide. Each country is colored based on the difference in exports and imports of Wire of refined copper < 6mm wide during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Wire of refined copper < 6mm wide were Germany ($510M), Turkey ($375M), Indonesia ($353M), Thailand ($314M), and Spain ($279M).
In 2021, the countries that had a largest trade value in imports than in exports of Wire of refined copper < 6mm wide were India ($460M), Vietnam ($399M), Philippines ($251M), China ($237M), and Romania ($202M).
This visualization shows the countries that have an important ratio of their trade related to Wire of refined copper < 6mm wide. It is possible to select the main countries that export or import Wire of refined copper < 6mm wide 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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