HS Icon Other Copper Products

7419 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.12B, Rnk 558 / 1225

Top Exporter (2018): $695M, Germany

Top Importer (2018): $412M, United States

Export Growth (CAGR)(2017 - 2018): 18%, Rnk 390 / 1225

Mean Tariff (2018): 9.9%, Rnk 435 / 1259

Share of World Trade (2018): 0.022%, Rnk 558 / 1225

Overview:  This page contains the latest trade data of Other Copper Products. In 2018, Other Copper Products were the world's 558th most traded product, with a total trade of $4.12B. Between 2017 and 2018 the exports of Other Copper Products grew by 18%, from  $3.49B to $4.12B. Trade in Other Copper Products represent 0.022% of total world trade.

Exports: In 2018 the top exporters of Other Copper Products  were Germany ($695M), China ($384M), United States ($308M), Italy ($260M), and Japan ($251M).

Imports: In 2018 the top importers of Other Copper Products were United States ($412M), Germany ($313M), United Arab Emirates ($312M), China ($293M), and Mexico ($211M).

Tariffs: In 2018 the average tariff for Other Copper Products was 9.9%, been the 435 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Copper Products are Bahamas (40.2%), Cambodia (35%), Iran (33.8%), Zimbabwe (30.4%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $695M

Top Destination (2018): United States, $412M

Other Copper Products are the world's 558th most traded product.

In 2018, the top exporters of Other Copper Products were Germany ($695M), China ($384M), United States ($308M), Italy ($260M), and Japan ($251M).

In 2018, the top importers of Other Copper Products were United States ($412M), Germany ($313M), United Arab Emirates ($312M), China ($293M), and Mexico ($211M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $185M

Top Destination Growth (2017 - 2018): United Arab Emirates, $69.1M

Between 2017 and 2018, the exports of Other Copper Products grew the fastest in Germany ($185M), Republic of the Congo ($179M), South Korea ($72.4M), Netherlands ($54.7M), and Italy ($50.2M).

Between 2017 and 2018, the fastest growing importers of Other Copper Products were United Arab Emirates ($69.1M), Thailand ($65.2M), France ($52.7M), Germany ($40.2M), and Belgium-Luxembourg ($34.7M).

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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 Other Copper Products.

In 2018,  market concentration measured using Shannon Entropy, was 4.58. This means that most of the exports of Other Copper Products are explained by 23 countries.

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TOP NET EXPORTER (2018): Germany, $382M

TOP NET IMPORTER (2018): United Arab Emirates, $300M

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Copper Products were Germany ($382M), Republic of the Congo ($179M), Japan ($178M), Italy ($171M), and India ($153M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Copper Products were United Arab Emirates ($300M), Mexico ($174M), United States ($104M), Hong Kong ($72.7M), and Hungary ($65.1M).

Trade Forecasts

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This section shows forecasts for total trade for Other Copper Products. 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 Other Copper Products was 9.9%.  The countries with the highest tariffs for importing Other Copper Products were Bahamas (40.2%), Cambodia (35%), Iran (33.8%), Zimbabwe (30.4%), and Uzbekistan (28.7%).

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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.