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Pricing

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

7413 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.62BRnk 715 / 1218
2022
Top Exporter | Top Importer $599M | $255MTurkey | Italy
2022
Product Complexity -0.25Rnk 637 / 1033
2021 - 2022
Export Growth (CAGR) 3.25%Rnk 695 / 1218
2022
Share of World Trade 0.011%Rnk 715 / 1218

About

Overview This page contains the latest trade data of Stranded Copper Wire. In 2022, Stranded Copper Wire were the world's 715th most traded product, with a total trade of $2.62B. Between 2021 and 2022 the exports of Stranded Copper Wire grew by 3.25%, from $2.54B to $2.62B. Trade in Stranded Copper Wire represent 0.011% of total world trade.

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

Exports In 2022 the top exporters of Stranded Copper Wire  were Turkey ($599M), United States ($410M), Germany ($388M), Spain ($231M), and Italy ($82M).

Imports In 2022 the top importers of Stranded Copper Wire were Italy ($255M), Germany ($224M), Mexico ($208M), France ($187M), and Canada ($179M).

Ranking Stranded Copper Wire ranks 637th 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 (2022)Turkey$599M
Top Destination (2022)Italy$255M

In 2022 Stranded Copper Wire were the world's 715th most traded product (out of 1,218).

In 2022, the top exporters of Stranded Copper Wire were Turkey ($599M), United States ($410M), Germany ($388M), Spain ($231M), and Italy ($82M).

In 2022, the top importers of Stranded Copper Wire were Italy ($255M), Germany ($224M), Mexico ($208M), France ($187M), and Canada ($179M).

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Exporters of Stranded Copper Wire (2022)
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Importers of Stranded Copper Wire (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$41.1M
Top Destination Growth (2021 -  2022)United States$36.8M

Between 2021 and 2022, the exports of Stranded Copper Wire grew the fastest in United States ($41.1M), Germany ($22.4M), Bulgaria ($16.3M), Peru ($11.4M), and Brazil ($10.8M).

Between 2021 and 2022, the fastest growing importers of Stranded Copper Wire were United States ($36.8M), Belgium ($26.6M), Mexico ($21.3M), Germany ($18.6M), and Italy ($14.6M).

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Exporters of Stranded Copper Wire (2021 - 2022)

Importers of Stranded Copper Wire (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Stranded Copper Wire are explained by 15 countries.

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Value of Exports in Stranded Copper Wire

Net Trade

TOP NET EXPORTER (2022)Turkey$576M
TOP NET IMPORTER (2022)Mexico$188M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Stranded Copper Wire were Turkey ($576M), United States ($305M), Spain ($196M), Germany ($163M), and Bulgaria ($61.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Stranded Copper Wire were Mexico ($188M), Italy ($173M), Canada ($170M), France ($109M), and United Kingdom ($87.3M).

Net Trade (2022)

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 (2022)

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 (2022)

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