Overview: This page contains the latest trade data of Copper/copper alloy waste or scrap. In 2018, Copper/copper alloy waste or scrap were the world's 113th most traded product, with a total trade of $22.8B. Between 2017 and 2018 the exports of Copper/copper alloy waste or scrap grew by 1.86%, from $22.4B to $22.8B. Trade in Copper/copper alloy waste or scrap represent 0.12% of total world trade.
Tariffs: In 2018 the average tariff for Copper/copper alloy waste or scrap was 2.27%, been the 6091 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Copper/copper alloy waste or scrap are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Angola (20%), and Zambia (13.6%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Copper/copper alloy waste or scrap ranks 2408th in the Product Complexity Index (PCI).
Top Origin Growth (2017 - 2018): United States, $537M
Top Destination Growth (2017 - 2018): Chinese Taipei, $490M
Between 2017 and 2018, the exports of Copper/copper alloy waste or scrap grew the fastest in United States ($537M), Chinese Taipei ($191M), Poland ($171M), Mexico ($112M), and Spain ($110M).
Between 2017 and 2018, the fastest growing importers of Copper/copper alloy waste or scrap were Chinese Taipei ($490M), Malaysia ($431M), Japan ($159M), Hong Kong ($131M), and Italy ($105M).
This chart shows the evolution of the market concentration of exports of Copper/copper alloy waste or scrap.
In 2018, market concentration measured using Shannon Entropy, was 5.39. This means that most of the exports of Copper/copper alloy waste or scrap are explained by 42 countries.
This map shows which countries export or import more of Copper/copper alloy waste or scrap. Each country is colored based on the difference in exports and imports of Copper/copper alloy waste or scrap during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Copper/copper alloy waste or scrap were United States ($2.42B), Hong Kong ($1.04B), United Kingdom ($880M), France ($817M), and Saudi Arabia ($648M).
In 2018, the countries that had a largest trade value in imports than in exports of Copper/copper alloy waste or scrap were China ($6.82B), South Korea ($1.56B), Germany ($1.05B), India ($817M), and Belgium-Luxembourg ($742M).
In 2018, the average tariff for importing Copper/copper alloy waste or scrap was 2.27%. The countries with the highest tariffs for importing Copper/copper alloy waste or scrap were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Angola (20%), and Zambia (13.6%).
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.