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740500 (Harmonized System 1992 for 6-digit)

2023
World Trade $312MRnk 3301 / 4644
2023
Top Exporter | Top Importer $107M | $123MDemocratic Republic of the Congo | China
2023
Product Complexity -0.32Rnk 2992 / 4656
2022 - 2023
Export Growth (CAGR) -31.8%Rnk 4283 / 4644
2023
Share of World Trade 0.0014%Rnk 3301 / 4644

About

Overview This page contains the latest trade data of Master alloys of copper. In 2023, Master alloys of copper were the world's 3301st most traded product, with a total trade of $312M. Between 2022 and 2023 the exports of Master alloys of copper decreased by -31.8%, from $458M to $312M. Trade in Master alloys of copper represent 0.0014% of total world trade.

Master alloys of copper are a part of Copper Alloys.

Exports In 2023 the top exporters of Master alloys of copper  were Democratic Republic of the Congo ($107M), Belgium ($66.1M), South Korea ($21.5M), Kazakhstan ($17.8M), and Italy ($11.1M).

Imports In 2023 the top importers of Master alloys of copper were China ($123M), Germany ($57.3M), Italy ($11.5M), Turkey ($10.1M), and Japan ($7.33M).

Ranking Master alloys of copper ranks 2992nd in the Product Complexity Index (PCI).

Description Copper is used in the production of many items, such as electrical wiring, cooking ware, and even skin care products. Copper alloys are used in the production of many items, including bearings, pistons, and electrical wiring.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Master alloys of copper. 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)Democratic Republic of the Congo$107M
Top Destination (2023)China$123M

In 2023 Master alloys of copper were the world's 3301st most traded product (out of 4,644).

In 2023, the top exporters of Master alloys of copper were Democratic Republic of the Congo ($107M), Belgium ($66.1M), South Korea ($21.5M), Kazakhstan ($17.8M), and Italy ($11.1M).

In 2023, the top importers of Master alloys of copper were China ($123M), Germany ($57.3M), Italy ($11.5M), Turkey ($10.1M), and Japan ($7.33M).

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Exporters of Master alloys of copper (2023)
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Importers of Master alloys of copper (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$8.31M
Top Destination Growth (2022 -  2023)Gambia$4.18M

Between 2022 and 2023, the exports of Master alloys of copper grew the fastest in Belgium ($8.31M), China ($3.05M), Oman ($2.35M), Spain ($1.74M), and Japan ($1.52M).

Between 2022 and 2023, the fastest growing importers of Master alloys of copper were Gambia ($4.18M), Singapore ($3.99M), Oman ($2.33M), France ($1.84M), and Iran ($1.41M).

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Exporters of Master alloys of copper (2022 - 2023)

Importers of Master alloys of copper (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Master alloys of copper.

In 2023, market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of Master alloys of copper are explained by 9 countries.

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Value of Exports in Master alloys of copper

Net Trade

TOP NET EXPORTER (2023)Democratic Republic of the Congo$107M
TOP NET IMPORTER (2023)China$116M

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

In 2023, the countries that had a largest trade value in exports than in imports of Master alloys of copper were Democratic Republic of the Congo ($107M), Belgium ($65.5M), Kazakhstan ($17.6M), South Korea ($14.4M), and Netherlands ($9.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Master alloys of copper were China ($116M), Germany ($47.4M), Turkey ($9.91M), Austria ($5.5M), and Mexico ($4.63M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Master alloys of copper 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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