Overview: In 2018, Refined Copper were the world's 41st most traded product, with a total trade of $67B. Between 2017 and 2018 the exports of Refined Copper grew by 12.6%, from $59.5B to $67B. Trade in Refined Copper represent 0.36% of total world trade.
Exports: In 2018 the top exporters of Refined Copper were Chile ($15.5B), Russia ($4.48B), Japan ($4.13B), Democratic Republic of the Congo ($3.63B), and Zambia ($3.06B).
Imports: In 2018 the top importers of Refined Copper were China ($23.2B), United States ($4.97B), Germany ($3.95B), Italy ($3.66B), and Chinese Taipei ($3.27B).
Tariffs: In 2018 the average tariff for Refined Copper was 2.2%, been the 1214 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Refined Copper are Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (21.4%), Zambia (13.6%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Refined Copper ranks 873rd in the Product Complexity Index (PCI).