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741521 (Harmonized System 1992 for 6-digit)

2023
World Trade $131MRnk 3929 / 4644
2023
Top Exporter | Top Importer $29.8M | $18.7MGermany | United States
2023
Product Complexity 1.14Rnk 565 / 4656
2022 - 2023
Export Growth (CAGR) -11.1%Rnk 2831 / 4644
2023
Share of World Trade 0.00058%Rnk 3929 / 4644

About

Overview This page contains the latest trade data of Copper washers, including spring washers. In 2023, Copper washers, including spring washers were the world's 3929th most traded product, with a total trade of $131M. Between 2022 and 2023 the exports of Copper washers, including spring washers decreased by -11.1%, from $148M to $131M. Trade in Copper washers, including spring washers represent 0.00058% of total world trade.

Copper washers, including spring washers are a part of Copper Fasteners.

Exports In 2023 the top exporters of Copper washers, including spring washers  were Germany ($29.8M), China ($23.7M), United States ($17.3M), South Korea ($7.02M), and Japan ($6.24M).

Imports In 2023 the top importers of Copper washers, including spring washers were United States ($18.7M), Mexico ($13.5M), China ($11.4M), Germany ($7.21M), and France ($5.16M).

Ranking Copper washers, including spring washers ranks 565th in the Product Complexity Index (PCI).

Description Copper washers are used to prevent the bolt heads from coming in contact with the surface that the bolt is fastening to. A spring washer is a type of washer with a spring in it that becomes tighter when the bolt is tightened, so that the bolt is pressed tightly against the surface.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Copper washers, including spring washers. 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)Germany$29.8M
Top Destination (2023)United States$18.7M

In 2023 Copper washers, including spring washers were the world's 3929th most traded product (out of 4,644).

In 2023, the top exporters of Copper washers, including spring washers were Germany ($29.8M), China ($23.7M), United States ($17.3M), South Korea ($7.02M), and Japan ($6.24M).

In 2023, the top importers of Copper washers, including spring washers were United States ($18.7M), Mexico ($13.5M), China ($11.4M), Germany ($7.21M), and France ($5.16M).

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Exporters of Copper washers, including spring washers (2023)
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Importers of Copper washers, including spring washers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$2.22M
Top Destination Growth (2022 -  2023)Spain$597k

Between 2022 and 2023, the exports of Copper washers, including spring washers grew the fastest in South Korea ($2.22M), Slovakia ($1.1M), France ($1.03M), Netherlands ($636k), and New Zealand ($537k).

Between 2022 and 2023, the fastest growing importers of Copper washers, including spring washers were Spain ($597k), Turkey ($594k), India ($414k), Singapore ($399k), and South Korea ($323k).

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Exporters of Copper washers, including spring washers (2022 - 2023)

Importers of Copper washers, including spring washers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Copper washers, including spring washers.

In 2023, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Copper washers, including spring washers are explained by 15 countries.

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Value of Exports in Copper washers, including spring washers

Net Trade

TOP NET EXPORTER (2023)Germany$22.6M
TOP NET IMPORTER (2023)Mexico$13.1M

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

In 2023, the countries that had a largest trade value in exports than in imports of Copper washers, including spring washers were Germany ($22.6M), China ($12.3M), South Korea ($5.71M), Chinese Taipei ($4.56M), and Japan ($3.98M).

In 2023, the countries that had a largest trade value in imports than in exports of Copper washers, including spring washers were Mexico ($13.1M), Canada ($3.45M), Indonesia ($2.65M), Saudi Arabia ($2.58M), and Poland ($2.09M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Copper washers, including spring washers 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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