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Copper; articles thereof n.e.c. in chapter 74

7419 (Harmonized System 1992 for 4-digit)

2023
World Trade $507MRnk 1038 / 1217
2023
Top Exporter | Top Importer $84.4M | $68.6MChina | United States
2023
Product Complexity 1.1Rnk 143 / 1044
2022 - 2023
Export Growth (CAGR) -54.9%Rnk 1207 / 1217
2023
Share of World Trade 0.0022%Rnk 1038 / 1217

About

Overview This page contains the latest trade data of Other Copper Products. In 2023, Other Copper Products were the world's 1038th most traded product, with a total trade of $507M. Between 2022 and 2023 the exports of Other Copper Products decreased by -54.9%, from $1.12B to $507M. Trade in Other Copper Products represent 0.0022% of total world trade.

Other Copper Products are a part of Copper articles. They include Articles of copper, nes, Articles of copper, cast/moulded/stamped, nfw, and Chain and parts thereof of copper.

Exports In 2023 the top exporters of Other Copper Products  were China ($84.4M), Italy ($64.6M), United States ($41.4M), Germany ($36.5M), and Finland ($28.1M).

Imports In 2023 the top importers of Other Copper Products were United States ($68.6M), Germany ($46.7M), Mexico ($22.9M), France ($22.2M), and Croatia ($20.1M).

Ranking Other Copper Products ranks 143rd in the Product Complexity Index (PCI).

Description Other articles of copper are used in the production of other goods. They can be made from a variety of materials, including copper, brass, and bronze.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Copper Products. 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$84.4M
Top Destination (2023)United States$68.6M

In 2023 Other Copper Products were the world's 1038th most traded product (out of 1,217).

In 2023, the top exporters of Other Copper Products were China ($84.4M), Italy ($64.6M), United States ($41.4M), Germany ($36.5M), and Finland ($28.1M).

In 2023, the top importers of Other Copper Products were United States ($68.6M), Germany ($46.7M), Mexico ($22.9M), France ($22.2M), and Croatia ($20.1M).

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Exporters of Other Copper Products (2023)
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Importers of Other Copper Products (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$14.1M
Top Destination Growth (2022 -  2023)Finland$13.6M

Between 2022 and 2023, the exports of Other Copper Products grew the fastest in India ($14.1M), Turkey ($3.54M), Singapore ($3.28M), Switzerland ($2.37M), and Philippines ($1.87M).

Between 2022 and 2023, the fastest growing importers of Other Copper Products were Finland ($13.6M), Indonesia ($2.17M), Jamaica ($1.76M), United Kingdom ($1.69M), and Lithuania ($1.34M).

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Exporters of Other Copper Products (2022 - 2023)

Importers of Other Copper Products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Copper Products.

In 2023, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Other Copper Products are explained by 21 countries.

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Value of Exports in Other Copper Products

Net Trade

TOP NET EXPORTER (2023)China$66.8M
TOP NET IMPORTER (2023)United States$27.1M

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

In 2023, the countries that had a largest trade value in exports than in imports of Other Copper Products were China ($66.8M), Italy ($51.6M), India ($19.1M), Slovenia ($17.3M), and Finland ($12.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Copper Products were United States ($27.1M), Croatia ($19.3M), Mexico ($16.1M), Israel ($15.9M), and Philippines ($10.7M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Copper Products, disaggragated by their HS6 level were Articles of copper, cast/moulded/stamped, nfw ($480M), Articles of copper, nes ($27M), and Chain and parts thereof of copper ($257k)

HS6 Disaggregation for Other Copper Products (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 Other Copper Products.
It is possible to select the main countries that export or import Other Copper Products in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Copper Products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $6.87M
TOP IMPORT POTENTIALChina+ $14.2M

Other Copper Products’s highest export potential is China. With an export gap of $6.87M.  Other Copper Products’s highest import potential is China with an import gap of $14.2M.

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 (2023)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Other Copper Products 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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