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Copper; bars, rods and profiles

7407 (Harmonized System 1992 for 4-digit)

2022
World Trade $7.02BRnk 469 / 1218
2022
Top Exporter | Top Importer $1.22B | $763MGermany | Germany
2022
Product Complexity 0.48Rnk 376 / 1033
2021 - 2022
Export Growth (CAGR) -2.44%Rnk 953 / 1218
2022
Share of World Trade 0.03%Rnk 469 / 1218

About

Overview This page contains the latest trade data of Copper Bars. In 2022, Copper Bars were the world's 469th most traded product, with a total trade of $7.02B. Between 2021 and 2022 the exports of Copper Bars decreased by -2.44%, from $7.2B to $7.02B. Trade in Copper Bars represent 0.03% of total world trade.

Copper Bars are a part of Copper articles. They include Bars, rods & profiles of refined copper, Bars, rods & profiles of copper-zinc base alloys, Bars, rods & profiles, copper alloy nes, and Bar, rod, profiles, copper-nickel, copper-nickel-zinc.

Exports In 2022 the top exporters of Copper Bars  were Germany ($1.22B), Italy ($700M), France ($496M), South Korea ($428M), and United States ($374M).

Imports In 2022 the top importers of Copper Bars were Germany ($763M), United States ($609M), Italy ($547M), China ($514M), and France ($333M).

Ranking Copper Bars ranks 376th in the Product Complexity Index (PCI).

Description Copper bars, rods and profiles are used in the production of other goods. They can be made from a variety of materials, including copper, brass, and aluminum.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Copper Bars. 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 (2022)Germany$1.22B
Top Destination (2022)Germany$763M

In 2022 Copper Bars were the world's 469th most traded product (out of 1,218).

In 2022, the top exporters of Copper Bars were Germany ($1.22B), Italy ($700M), France ($496M), South Korea ($428M), and United States ($374M).

In 2022, the top importers of Copper Bars were Germany ($763M), United States ($609M), Italy ($547M), China ($514M), and France ($333M).

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Exporters of Copper Bars (2022)
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Importers of Copper Bars (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Turkey$48.2M
Top Destination Growth (2021 -  2022)United States$90.1M

Between 2021 and 2022, the exports of Copper Bars grew the fastest in Turkey ($48.2M), China ($41.4M), Brazil ($29.1M), Italy ($27.5M), and Bulgaria ($27.5M).

Between 2021 and 2022, the fastest growing importers of Copper Bars were United States ($90.1M), Germany ($36.3M), Poland ($33.1M), United Kingdom ($32.2M), and Malaysia ($29.8M).

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Exporters of Copper Bars (2021 - 2022)

Importers of Copper Bars (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Copper Bars.

In 2022, market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Copper Bars are explained by 25 countries.

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Value of Exports in Copper Bars

Net Trade

TOP NET EXPORTER (2022)Germany$462M
TOP NET IMPORTER (2022)China$260M

This map shows which countries export or import more of Copper Bars. Each country is colored based on the difference in exports and imports of Copper Bars during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Copper Bars were Germany ($462M), South Korea ($387M), Bulgaria ($270M), Japan ($214M), and France ($163M).

In 2022, the countries that had a largest trade value in imports than in exports of Copper Bars were China ($260M), United Kingdom ($254M), United States ($235M), Canada ($203M), and Czechia ($142M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Copper Bars, disaggragated by their HS6 level were Bars, rods & profiles of copper-zinc... ($3.35B), Bars, rods & profiles of refined... ($2.73B), and Bars, rods & profiles, copper alloy... ($945M)

HS6 Disaggregation for Copper Bars (2022)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Copper Bars.
It is possible to select the main countries that export or import Copper Bars in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Copper Bars by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $15M
TOP IMPORT POTENTIALFrance+ $17M

Copper Bars’s highest export potential is France. With an export gap of $15M.  Copper Bars’s highest import potential is France with an import gap of $17M.

See methodology.

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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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Copper Bars.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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