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740811 (Harmonized System 1992 for 6-digit)

2023
World Trade $19.8BRnk 163 / 4644
2023
Top Exporter | Top Importer $2.75B | $2.01BGermany | United States
2023
Product Complexity -0.44Rnk 3156 / 4656
2022 - 2023
Export Growth (CAGR) 0.57%Rnk 1485 / 4644
2023
Share of World Trade 0.088%Rnk 163 / 4644

About

Overview This page contains the latest trade data of Wire of refined copper > 6mm wide. In 2023, Wire of refined copper > 6mm wide were the world's 163rd most traded product, with a total trade of $19.8B. Between 2022 and 2023 the exports of Wire of refined copper > 6mm wide grew by 0.57%, from $19.7B to $19.8B. Trade in Wire of refined copper > 6mm wide represent 0.088% of total world trade.

Wire of refined copper > 6mm wide are a part of Copper Wire.

Exports In 2023 the top exporters of Wire of refined copper > 6mm wide  were Germany ($2.75B), United Arab Emirates ($2.46B), Belgium ($1.59B), Canada ($1.54B), and United States ($1.34B).

Imports In 2023 the top importers of Wire of refined copper > 6mm wide were United States ($2.01B), Saudi Arabia ($1.43B), Mexico ($1.09B), Italy ($1.07B), and Morocco ($844M).

Ranking Wire of refined copper > 6mm wide ranks 3156th in the Product Complexity Index (PCI).

Description Copper is a relatively inexpensive metal, which makes it a popular choice for wiring and wiring for devices. The larger wire is preferred because it conducts current more efficiently.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Wire of refined copper > 6mm wide. 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$2.75B
Top Destination (2023)United States$2.01B

In 2023 Wire of refined copper > 6mm wide were the world's 163rd most traded product (out of 4,644).

In 2023, the top exporters of Wire of refined copper > 6mm wide were Germany ($2.75B), United Arab Emirates ($2.46B), Belgium ($1.59B), Canada ($1.54B), and United States ($1.34B).

In 2023, the top importers of Wire of refined copper > 6mm wide were United States ($2.01B), Saudi Arabia ($1.43B), Mexico ($1.09B), Italy ($1.07B), and Morocco ($844M).

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Exporters of Wire of refined copper > 6mm wide (2023)
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Importers of Wire of refined copper > 6mm wide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$700M
Top Destination Growth (2022 -  2023)United States$263M

Between 2022 and 2023, the exports of Wire of refined copper > 6mm wide grew the fastest in India ($700M), Egypt ($257M), China ($125M), Spain ($112M), and Indonesia ($104M).

Between 2022 and 2023, the fastest growing importers of Wire of refined copper > 6mm wide were United States ($263M), Italy ($151M), Saudi Arabia ($139M), Honduras ($98.6M), and Morocco ($93.5M).

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Exporters of Wire of refined copper > 6mm wide (2022 - 2023)

Importers of Wire of refined copper > 6mm wide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire of refined copper > 6mm wide.

In 2023, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Wire of refined copper > 6mm wide are explained by 19 countries.

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Value of Exports in Wire of refined copper > 6mm wide

Net Trade

TOP NET EXPORTER (2023)United Arab Emirates$2.36B
TOP NET IMPORTER (2023)Saudi Arabia$1.43B

This map shows which countries export or import more of Wire of refined copper > 6mm wide. Each country is colored based on the difference in exports and imports of Wire of refined copper > 6mm wide during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wire of refined copper > 6mm wide were United Arab Emirates ($2.36B), Germany ($2.27B), Belgium ($1.45B), Canada ($1.25B), and Spain ($864M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire of refined copper > 6mm wide were Saudi Arabia ($1.43B), Mexico ($961M), Morocco ($843M), United States ($661M), and Czechia ($659M).

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 Wire of refined copper > 6mm wide.
It is possible to select the main countries that export or import Wire of refined copper > 6mm wide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire of refined copper > 6mm wide 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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