HS Icon Copper Plating

7409 (Harmonized System 1992 for 4-digit)

World Trade (2018): $8.91B, Rnk 353 / 1225

Top Exporter (2018): $2.95B, Germany

Top Importer (2018): $993M, China

Product Complexity (2018): 0.39, Rnk 420 / 1018

Export Growth (CAGR)(2017 - 2018): 16.9%, Rnk 433 / 1225

Mean Tariff (2018): 5.1%, Rnk 810 / 1259

Share of World Trade (2018): 0.048%, Rnk 353 / 1225

Overview:  This page contains the latest trade data of Copper Plating. In 2018, Copper Plating were the world's 353rd most traded product, with a total trade of $8.91B. Between 2017 and 2018 the exports of Copper Plating grew by 16.9%, from  $7.62B to $8.91B. Trade in Copper Plating represent 0.048% of total world trade.

Exports: In 2018 the top exporters of Copper Plating  were Germany ($2.95B), Japan ($1.22B), South Korea ($685M), United States ($470M), and China ($405M).

Imports: In 2018 the top importers of Copper Plating were China ($993M), United States ($664M), Italy ($525M), Germany ($520M), and France ($501M).

Tariffs: In 2018 the average tariff for Copper Plating was 5.1%, been the 810 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Copper Plating are Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Sudan (21.9%), and Madagascar (17.2%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Copper Plating ranks 420th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $2.95B

Top Destination (2018): China, $993M

Copper Plating are the world's 353rd most traded product.

In 2018, the top exporters of Copper Plating were Germany ($2.95B), Japan ($1.22B), South Korea ($685M), United States ($470M), and China ($405M).

In 2018, the top importers of Copper Plating were China ($993M), United States ($664M), Italy ($525M), Germany ($520M), and France ($501M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $584M

Top Destination Growth (2017 - 2018): Netherlands, $219M

Between 2017 and 2018, the exports of Copper Plating grew the fastest in Germany ($584M), Zambia ($99M), Bulgaria ($94.4M), South Korea ($69.1M), and Japan ($64.4M).

Between 2017 and 2018, the fastest growing importers of Copper Plating were Netherlands ($219M), Germany ($170M), Thailand ($121M), United States ($115M), and France ($82.2M).

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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 Plating.

In 2018,  market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Copper Plating are explained by 13 countries.

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TOP NET EXPORTER (2018): Germany, $2.43B

TOP NET IMPORTER (2018): China, $588M

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

In 2018, the countries that had a largest trade value in exports than in imports of Copper Plating were Germany ($2.43B), Japan ($1.01B), South Korea ($524M), Bulgaria ($381M), and Finland ($266M).

In 2018, the countries that had a largest trade value in imports than in exports of Copper Plating were China ($588M), France ($322M), Switzerland ($313M), Hong Kong ($299M), and Thailand ($265M).

Trade Forecasts

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This section shows forecasts for total trade for Copper Plating. 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 Plating was 5.1%.  The countries with the highest tariffs for importing Copper Plating were Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Sudan (21.9%), and Madagascar (17.2%).

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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.