Overview: This page contains the latest trade data of Refined Copper. In 2019, Refined Copper were the world's 45th most traded product, with a total trade of $60.9B. Between 2018 and 2019 the exports of Refined Copper decreased by -9.86%, from $67.6B to $60.9B. Trade in Refined Copper represent 0.34% of total world trade.
Exports: In 2019 the top exporters of Refined Copper were Chile ($13.4B), Russia ($4.31B), Democratic Republic of the Congo ($4.06B), Japan ($3.37B), and Kazakhstan ($2.7B).
Imports: In 2019 the top importers of Refined Copper were China ($20.5B), United States ($4.09B), Germany ($3.37B), Italy ($3.36B), and Chinese Taipei ($2.9B).
Tariffs: In 2018 the average tariff for Refined Copper was 2.2%, making it the 1214th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Refined Copper are Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (21.4%), Zambia (13.6%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Refined Copper ranks 891st in the Product Complexity Index (PCI).
Description: Copper is used in the production of electrical and electronic equipment, as well as other products. Copper alloys are made from copper and other metals.