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741991 (Harmonized System 1992 for 6-digit)

2023
World Trade $480MRnk 2898 / 4644
2023
Top Exporter | Top Importer $79.8M | $68.5MChina | United States
2023
Product Complexity 0.6Rnk 1493 / 4656
2022 - 2023
Export Growth (CAGR) -23%Rnk 3894 / 4644
2023
Share of World Trade 0.0021%Rnk 2898 / 4644

About

Overview This page contains the latest trade data of Articles of copper, cast/moulded/stamped, nfw. In 2023, Articles of copper, cast/moulded/stamped, nfw were the world's 2898th most traded product, with a total trade of $480M. Between 2022 and 2023 the exports of Articles of copper, cast/moulded/stamped, nfw decreased by -23%, from $623M to $480M. Trade in Articles of copper, cast/moulded/stamped, nfw represent 0.0021% of total world trade.

Articles of copper, cast/moulded/stamped, nfw are a part of Other Copper Products.

Exports In 2023 the top exporters of Articles of copper, cast/moulded/stamped, nfw  were China ($79.8M), Italy ($63.5M), United States ($40M), Germany ($34.6M), and Finland ($28M).

Imports In 2023 the top importers of Articles of copper, cast/moulded/stamped, nfw were United States ($68.5M), Germany ($46.7M), Mexico ($22.8M), France ($22.1M), and Croatia ($20.1M).

Ranking Articles of copper, cast/moulded/stamped, nfw ranks 1493rd in the Product Complexity Index (PCI).

Description Copper is used in the production of pipes, in the automotive industry, in the construction industry, and in a number of everyday objects. Copper can be cast, moulded, or stamped into shapes. These shapes are then used in a variety of industries.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Articles of copper, cast/moulded/stamped, nfw. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$79.8M
Top Destination (2023)United States$68.5M

In 2023 Articles of copper, cast/moulded/stamped, nfw were the world's 2898th most traded product (out of 4,644).

In 2023, the top exporters of Articles of copper, cast/moulded/stamped, nfw were China ($79.8M), Italy ($63.5M), United States ($40M), Germany ($34.6M), and Finland ($28M).

In 2023, the top importers of Articles of copper, cast/moulded/stamped, nfw were United States ($68.5M), Germany ($46.7M), Mexico ($22.8M), France ($22.1M), and Croatia ($20.1M).

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Exporters of Articles of copper, cast/moulded/stamped, nfw (2023)
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Importers of Articles of copper, cast/moulded/stamped, nfw (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$15.6M
Top Destination Growth (2022 -  2023)Finland$14M

Between 2022 and 2023, the exports of Articles of copper, cast/moulded/stamped, nfw grew the fastest in India ($15.6M), Turkey ($4.32M), Singapore ($3.44M), France ($2.98M), and United Kingdom ($2.84M).

Between 2022 and 2023, the fastest growing importers of Articles of copper, cast/moulded/stamped, nfw were Finland ($14M), Indonesia ($3.9M), United Kingdom ($3.53M), Jamaica ($1.76M), and Lithuania ($1.68M).

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Exporters of Articles of copper, cast/moulded/stamped, nfw (2022 - 2023)

Importers of Articles of copper, cast/moulded/stamped, nfw (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles of copper, cast/moulded/stamped, nfw.

In 2023, market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Articles of copper, cast/moulded/stamped, nfw are explained by 20 countries.

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Value of Exports in Articles of copper, cast/moulded/stamped, nfw

Net Trade

TOP NET EXPORTER (2023)China$62.4M
TOP NET IMPORTER (2023)United States$28.5M

This map shows which countries export or import more of Articles of copper, cast/moulded/stamped, nfw. Each country is colored based on the difference in exports and imports of Articles of copper, cast/moulded/stamped, nfw during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Articles of copper, cast/moulded/stamped, nfw were China ($62.4M), Italy ($50.6M), India ($20.4M), Slovenia ($17.3M), and Finland ($12.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Articles of copper, cast/moulded/stamped, nfw were United States ($28.5M), Croatia ($19.3M), Mexico ($16.2M), Israel ($15.9M), and Germany ($12.1M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Articles of copper, cast/moulded/stamped, nfw.
It is possible to select the main countries that export or import Articles of copper, cast/moulded/stamped, nfw in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Articles of copper, cast/moulded/stamped, nfw by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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