HS Icon Copper Powder

7406 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.17B, Rnk 876 / 1225

Top Exporter (2018): $528M, Malaysia

Top Importer (2018): $521M, China

Product Complexity (2018): 0.41, Rnk 411 / 1018

Export Growth (CAGR)(2017 - 2018): 75.7%, Rnk 27 / 1225

Mean Tariff (2018): 4.08%, Rnk 976 / 1259

Share of World Trade (2018): 0.0064%, Rnk 876 / 1225

Overview:  This page contains the latest trade data of Copper Powder. In 2018, Copper Powder were the world's 876th most traded product, with a total trade of $1.17B. Between 2017 and 2018 the exports of Copper Powder grew by 75.7%, from  $665M to $1.17B. Trade in Copper Powder represent 0.0064% of total world trade.

Exports: In 2018 the top exporters of Copper Powder  were Malaysia ($528M), Germany ($113M), Japan ($72.4M), United States ($66.4M), and Italy ($53.2M).

Imports: In 2018 the top importers of Copper Powder were China ($521M), South Korea ($98.5M), Germany ($74.5M), Chinese Taipei ($54M), and Italy ($42.6M).

Tariffs: In 2018 the average tariff for Copper Powder was 4.08%, been the 976 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Copper Powder are Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Sudan (21.9%), and Cuba (14.8%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Indonesia (0%).

Ranking: Copper Powder ranks 411th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Malaysia, $528M

Top Destination (2018): China, $521M

Copper Powder are the world's 876th most traded product.

In 2018, the top exporters of Copper Powder were Malaysia ($528M), Germany ($113M), Japan ($72.4M), United States ($66.4M), and Italy ($53.2M).

In 2018, the top importers of Copper Powder were China ($521M), South Korea ($98.5M), Germany ($74.5M), Chinese Taipei ($54M), and Italy ($42.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Malaysia, $403M

Top Destination Growth (2017 - 2018): China, $419M

Between 2017 and 2018, the exports of Copper Powder grew the fastest in Malaysia ($403M), Indonesia ($31.6M), United Kingdom ($15.5M), Chinese Taipei ($13.4M), and Japan ($5.46M).

Between 2017 and 2018, the fastest growing importers of Copper Powder were China ($419M), South Korea ($59.2M), Chinese Taipei ($14.9M), Thailand ($6.41M), and India ($6.21M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Copper Powder.

In 2018,  market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Copper Powder are explained by 9 countries.

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TOP NET EXPORTER (2018): Malaysia, $525M

TOP NET IMPORTER (2018): China, $477M

This map shows which countries export or import more of Copper Powder. Each country is colored based on the difference in exports and imports of Copper Powder during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Copper Powder were Malaysia ($525M), Japan ($44.3M), Russia ($43.2M), United Kingdom ($40M), and Germany ($38.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Copper Powder were China ($477M), South Korea ($90.1M), Chinese Taipei ($40.3M), Canada ($20.1M), and Thailand ($19.1M).

Trade Forecasts

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This section shows forecasts for total trade for Copper Powder. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Copper Powder was 4.08%.  The countries with the highest tariffs for importing Copper Powder were Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Sudan (21.9%), and Cuba (14.8%).

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Product Complexity

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Diversification Frontier

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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.