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Pricing

Copper; table, kitchen or other household articles and parts thereof; pot scourers, scouring, polishing pads, gloves and the like; sanitary ware and parts thereof

7418 (Harmonized System 1992 for 4-digit)

2023
World Trade $794MRnk 963 / 1217
2023
Top Exporter | Top Importer $341M | $97.6MChina | United States
2023
Product Complexity 0.4Rnk 410 / 1044
2022 - 2023
Export Growth (CAGR) -17.8%Rnk 984 / 1217
2023
Share of World Trade 0.0035%Rnk 963 / 1217

About

Overview This page contains the latest trade data of Copper Housewares. In 2023, Copper Housewares were the world's 963rd most traded product, with a total trade of $794M. Between 2022 and 2023 the exports of Copper Housewares decreased by -17.8%, from $966M to $794M. Trade in Copper Housewares represent 0.0035% of total world trade.

Copper Housewares are a part of Copper articles. They include Sanitary ware and parts thereof of copper and Table/kitchen articles of copper, pot scourers.

Exports In 2023 the top exporters of Copper Housewares  were China ($341M), Germany ($132M), India ($56.3M), Italy ($49.9M), and France ($26.5M).

Imports In 2023 the top importers of Copper Housewares were United States ($97.6M), United Kingdom ($52.3M), Australia ($48.7M), Germany ($46.3M), and France ($33.1M).

Ranking Copper Housewares ranks 410th in the Product Complexity Index (PCI).

Description Copper is used to make table, kitchen or other household articles, sanitary ware, and parts thereof. Copper can also be used to make pot scourers and scouring or polishing pads, gloves and the like.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Copper Housewares. 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$341M
Top Destination (2023)United States$97.6M

In 2023 Copper Housewares were the world's 963rd most traded product (out of 1,217).

In 2023, the top exporters of Copper Housewares were China ($341M), Germany ($132M), India ($56.3M), Italy ($49.9M), and France ($26.5M).

In 2023, the top importers of Copper Housewares were United States ($97.6M), United Kingdom ($52.3M), Australia ($48.7M), Germany ($46.3M), and France ($33.1M).

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Exporters of Copper Housewares (2023)
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Importers of Copper Housewares (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Pakistan$2.12M
Top Destination Growth (2022 -  2023)United Arab Emirates$4.89M

Between 2022 and 2023, the exports of Copper Housewares grew the fastest in Pakistan ($2.12M), Greece ($1.81M), Egypt ($1.66M), Hungary ($804k), and Philippines ($802k).

Between 2022 and 2023, the fastest growing importers of Copper Housewares were United Arab Emirates ($4.89M), Greece ($3.42M), Saudi Arabia ($1.5M), Turkey ($1.48M), and Nigeria ($1.19M).

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Exporters of Copper Housewares (2022 - 2023)

Importers of Copper Housewares (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Copper Housewares are explained by 9 countries.

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Value of Exports in Copper Housewares

Net Trade

TOP NET EXPORTER (2023)China$324M
TOP NET IMPORTER (2023)United States$90M

This map shows which countries export or import more of Copper Housewares. Each country is colored based on the difference in exports and imports of Copper Housewares during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Copper Housewares were China ($324M), Germany ($85.4M), India ($37M), Italy ($24.2M), and Chinese Taipei ($20.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Copper Housewares were United States ($90M), Australia ($47.9M), United Kingdom ($40.7M), Saudi Arabia ($21.7M), and Denmark ($20.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Copper Housewares, disaggragated by their HS6 level were Sanitary ware and parts thereof of... ($649M) and Table/kitchen articles of copper, pot scourers ($144M)

HS6 Disaggregation for Copper Housewares (2023)
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Country Comparison

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Ranking

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $7.23M
TOP IMPORT POTENTIALIndia+ $449k

Copper Housewares’s highest export potential is India. With an export gap of $7.23M.  Copper Housewares’s highest import potential is India with an import gap of $449k.

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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 (2023)

Country by Relatedness

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

Relative Relatedness by Country (2023)

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