HS Icon Billets, copper, unwrought

740313 (Harmonized System 1992 for 6-digit)

World Trade (2018): $852M, Rnk 2237 / 4726

Top Exporter (2018): $434M, Austria

Top Importer (2018): $280M, France

Product Complexity (2018): -1.46, Rnk 2455 / 2722

Export Growth (CAGR)(2017 - 2018): 32.3%, Rnk 706 / 4726

Mean Tariff (2018): 2.24%, Rnk 6106 / 6538

Share of World Trade (2018): 0.0046%, Rnk 2237 / 4726

Overview:  This page contains the latest trade data of Billets, copper, unwrought. In 2018, Billets, copper, unwrought were the world's 2237th most traded product, with a total trade of $852M. Between 2017 and 2018 the exports of Billets, copper, unwrought grew by 32.3%, from  $644M to $852M. Trade in Billets, copper, unwrought represent 0.0046% of total world trade.

Exports: In 2018 the top exporters of Billets, copper, unwrought  were Austria ($434M), Germany ($139M), Japan ($89.6M), France ($74M), and South Africa ($21.3M).

Imports: In 2018 the top importers of Billets, copper, unwrought were France ($280M), Italy ($270M), China ($78.9M), Germany ($69.9M), and Thailand ($48.2M).

Tariffs: In 2018 the average tariff for Billets, copper, unwrought was 2.24%, making it the 6106th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Billets, copper, unwrought are Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Panama (15%), and Zambia (13.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Billets, copper, unwrought ranks 2455th in the Product Complexity Index (PCI).

Description: Billets are blocks of metal usually 2 inches in diameter and 4 to 8 inches long. Copper is a metal that is an excellent conductor of electricity and heat, and is used in electrical wire, plumbing, and roofing. Unwrought is pure, unprocessed metal that has not been made into a product.

Exporters and Importers

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Trade By Country

Top Origin (2018): Austria, $434M

Top Destination (2018): France, $280M

Billets, copper, unwrought are the world's 2237th most traded product.

In 2018, the top exporters of Billets, copper, unwrought were Austria ($434M), Germany ($139M), Japan ($89.6M), France ($74M), and South Africa ($21.3M).

In 2018, the top importers of Billets, copper, unwrought were France ($280M), Italy ($270M), China ($78.9M), Germany ($69.9M), and Thailand ($48.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Austria, $104M

Top Destination Growth (2017 - 2018): Italy, $83.5M

Between 2017 and 2018, the exports of Billets, copper, unwrought grew the fastest in Austria ($104M), Germany ($55.6M), South Africa ($20M), Pakistan ($9.11M), and Poland ($5.67M).

Between 2017 and 2018, the fastest growing importers of Billets, copper, unwrought were Italy ($83.5M), Germany ($46.8M), China ($45.5M), France ($28.6M), and Belgium-Luxembourg ($5.55M).

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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 Billets, copper, unwrought.

In 2018,  market concentration measured using Shannon Entropy, was 2.54. This means that most of the exports of Billets, copper, unwrought are explained by 5 countries.

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TOP NET EXPORTER (2018): Austria, $432M

TOP NET IMPORTER (2018): Italy, $268M

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

In 2018, the countries that had a largest trade value in exports than in imports of Billets, copper, unwrought were Austria ($432M), Japan ($85.7M), Germany ($69.3M), South Africa ($20.4M), and Pakistan ($12.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Billets, copper, unwrought were Italy ($268M), France ($206M), China ($78.9M), Thailand ($48.1M), and United States ($23.4M).

Import Tariffs

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In 2018, the average tariff for importing Billets, copper, unwrought was 2.24%.  The countries with the highest tariffs for importing Billets, copper, unwrought were Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Panama (15%), and Zambia (13.6%).

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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.