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Pricing

Copper; stranded wire, cables, plaited bands and the like, not electrically insulated

7413 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.72BRnk 691 / 1217
2023
Top Exporter | Top Importer $548M | $279MTurkey | Mexico
2023
Product Complexity -0.19Rnk 635 / 1044
2022 - 2023
Export Growth (CAGR) 1.08%Rnk 370 / 1217
2023
Share of World Trade 0.012%Rnk 691 / 1217

About

Overview This page contains the latest trade data of Stranded Copper Wire. In 2023, Stranded Copper Wire were the world's 691st most traded product, with a total trade of $2.72B. Between 2022 and 2023 the exports of Stranded Copper Wire grew by 1.08%, from $2.69B to $2.72B. Trade in Stranded Copper Wire represent 0.012% of total world trade.

Stranded Copper Wire are a part of Copper articles. They include Stranded copper wire/cable/plaits/etc, uninsulated.

Exports In 2023 the top exporters of Stranded Copper Wire  were Turkey ($548M), United States ($424M), Germany ($403M), Spain ($236M), and Saudi Arabia ($187M).

Imports In 2023 the top importers of Stranded Copper Wire were Mexico ($279M), Germany ($229M), Italy ($228M), Canada ($159M), and France ($158M).

Ranking Stranded Copper Wire ranks 635th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Stranded Copper Wire. 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)Turkey$548M
Top Destination (2023)Mexico$279M

In 2023 Stranded Copper Wire were the world's 691st most traded product (out of 1,217).

In 2023, the top exporters of Stranded Copper Wire were Turkey ($548M), United States ($424M), Germany ($403M), Spain ($236M), and Saudi Arabia ($187M).

In 2023, the top importers of Stranded Copper Wire were Mexico ($279M), Germany ($229M), Italy ($228M), Canada ($159M), and France ($158M).

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Exporters of Stranded Copper Wire (2023)
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Importers of Stranded Copper Wire (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$36.4M
Top Destination Growth (2022 -  2023)Mexico$70.2M

Between 2022 and 2023, the exports of Stranded Copper Wire grew the fastest in Spain ($36.4M), United States ($29.4M), Italy ($19.5M), India ($16.7M), and Bulgaria ($16.2M).

Between 2022 and 2023, the fastest growing importers of Stranded Copper Wire were Mexico ($70.2M), Sweden ($30.2M), Portugal ($16.8M), Spain ($15.9M), and Austria ($13.1M).

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Exporters of Stranded Copper Wire (2022 - 2023)

Importers of Stranded Copper Wire (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stranded Copper Wire.

In 2023, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Stranded Copper Wire are explained by 16 countries.

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Value of Exports in Stranded Copper Wire

Net Trade

TOP NET EXPORTER (2023)Turkey$522M
TOP NET IMPORTER (2023)Mexico$262M

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

In 2023, the countries that had a largest trade value in exports than in imports of Stranded Copper Wire were Turkey ($522M), United States ($322M), Spain ($187M), Saudi Arabia ($178M), and Germany ($174M).

In 2023, the countries that had a largest trade value in imports than in exports of Stranded Copper Wire were Mexico ($262M), Canada ($153M), Italy ($146M), Austria ($94.8M), and United Kingdom ($92.9M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Stranded Copper Wire by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $4.46M
TOP IMPORT POTENTIALGermany+ $3.73M

Stranded Copper Wire’s highest export potential is China. With an export gap of $4.46M.  Stranded Copper Wire’s highest import potential is Germany with an import gap of $3.73M.

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 Stranded Copper Wire.

Country by Relatedness

The following visualization shows the relatedness of Stranded Copper Wire 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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