Copper/copper alloy waste or scrap740400 (Harmonized System 1992 for 6-digit)
World Trade (2018): $22.8B, Rnk 113 / 4726
Top Exporter (2018): $3.21B, United States
Top Importer (2018): $7.05B, China
Product Complexity (2018): -1.36, Rnk 2408 / 2722
Export Growth (CAGR)(2017 - 2018): 1.86%, Rnk 3664 / 4726
Mean Tariff (2018): 2.27%, Rnk 6091 / 6538
Share of World Trade (2018): 0.12%, Rnk 113 / 4726
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.
Exports: In 2018 the top exporters of Copper/copper alloy waste or scrap were United States ($3.21B), Germany ($1.61B), Hong Kong ($1.4B), United Kingdom ($1.05B), and Netherlands ($1.05B).
Imports: In 2018 the top importers of Copper/copper alloy waste or scrap were China ($7.05B), Germany ($2.66B), South Korea ($1.68B), Japan ($1.23B), and Belgium-Luxembourg ($1.13B).
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).
Trade By Country
Top Origin (2018): United States, $3.21B
Top Destination (2018): China, $7.05B
Copper/copper alloy waste or scrap are the world's 113th most traded product.
In 2018, the top exporters of Copper/copper alloy waste or scrap were United States ($3.21B), Germany ($1.61B), Hong Kong ($1.4B), United Kingdom ($1.05B), and Netherlands ($1.05B).
In 2018, the top importers of Copper/copper alloy waste or scrap were China ($7.05B), Germany ($2.66B), South Korea ($1.68B), Japan ($1.23B), and Belgium-Luxembourg ($1.13B).
Trade by country
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).
Cumulative market share
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.
TOP NET EXPORTER (2018): United States, $2.42B
TOP NET IMPORTER (2018): China, $6.82B
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).
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.
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