HS Icon Other Copper Products

7419 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Other Copper Products. In 2019, Other Copper Products were the world's 575th most traded product, with a total trade of $3.76B. Between 2018 and 2019 the exports of Other Copper Products decreased by -9.44%, from $4.15B to $3.76B. Trade in Other Copper Products represent 0.021% of total world trade.

Exports In 2019 the top exporters of Other Copper Products  were Germany ($568M), China ($440M), United States ($302M), Italy ($236M), and India ($221M).

Imports In 2019 the top importers of Other Copper Products were United States ($449M), Germany ($282M), China ($280M), Mexico ($190M), and France ($175M).

Tariffs In 2018 the average tariff for Other Copper Products was 9.9%, making it the 435th 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%).

Ranking Other Copper Products ranks 220th in the Product Complexity Index (PCI).

Description Other articles of copper are used in the production of other goods. They can be made from a variety of materials, including copper, brass, and bronze.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $568M

Top Destination (2019): United States, $449M

Other Copper Products are the world's 575th most traded product.

In 2019, the top exporters of Other Copper Products were Germany ($568M), China ($440M), United States ($302M), Italy ($236M), and India ($221M).

In 2019, the top importers of Other Copper Products were United States ($449M), Germany ($282M), China ($280M), Mexico ($190M), and France ($175M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $50.3M

Top Destination Growth (2018 - 2019): United States, $32M

Between 2018 and 2019, the exports of Other Copper Products grew the fastest in China ($50.3M), Australia ($21.2M), Turkey ($20.1M), Malaysia ($15.8M), and South Africa ($13.3M).

Between 2018 and 2019, the fastest growing importers of Other Copper Products were United States ($32M), Chinese Taipei ($16.4M), United Kingdom ($9.46M), South Korea ($7.45M), and Democratic Republic of the Congo ($6M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Other Copper Products.

In 2019,  market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Other Copper Products are explained by 23 countries.

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TOP NET EXPORTER (2019): Germany, $286M

TOP NET IMPORTER (2019): Mexico, $156M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Other Copper Products were Germany ($286M), China ($160M), Italy ($158M), India ($145M), and Japan ($129M).

In 2019, the countries that had a largest trade value in imports than in exports of Other Copper Products were Mexico ($156M), United States ($147M), Hong Kong ($61.4M), Hungary ($56.4M), and United Arab Emirates ($50.4M).

Disaggregation

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Value

In 2019, the world most traded Other Copper Products, disaggragated by their HS6 level were Articles of copper, nes ($3.26B), Articles of copper, cast/moulded/stamped, nfw ($458M), and Chain and parts thereof of copper ($44.2M)

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%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Other Copper Products to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.