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740819 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.53BRnk 833 / 4648
2022
Top Exporter | Top Importer $553M | $373MTurkey | China
2022
Product Complexity 0.092Rnk 2388 / 4653
2021 - 2022
Export Growth (CAGR) -14.8%Rnk 4165 / 4648
2022
Share of World Trade 0.019%Rnk 833 / 4648

About

Overview This page contains the latest trade data of Wire of refined copper < 6mm wide. In 2022, Wire of refined copper < 6mm wide were the world's 833rd most traded product, with a total trade of $4.53B. Between 2021 and 2022 the exports of Wire of refined copper < 6mm wide decreased by -14.8%, from $5.32B to $4.53B. Trade in Wire of refined copper < 6mm wide represent 0.019% of total world trade.

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

Exports In 2022 the top exporters of Wire of refined copper < 6mm wide  were Turkey ($553M), Germany ($427M), Malaysia ($344M), China ($282M), and Spain ($275M).

Imports In 2022 the top importers of Wire of refined copper < 6mm wide were China ($373M), Vietnam ($360M), India ($310M), United States ($280M), and Turkey ($261M).

Ranking Wire of refined copper < 6mm wide ranks 2388th in the Product Complexity Index (PCI).

Description Wire is used as a conductor for electrical devices, and it also has many other uses. Electrical wire can be used to repair broken or damaged electrical connections, as an insulator in heaters and motors, and as a protective coating for electrical cables.

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 (2022)Turkey$553M
Top Destination (2022)China$373M

In 2022 Wire of refined copper < 6mm wide were the world's 833rd most traded product (out of 4,648).

In 2022, the top exporters of Wire of refined copper < 6mm wide were Turkey ($553M), Germany ($427M), Malaysia ($344M), China ($282M), and Spain ($275M).

In 2022, the top importers of Wire of refined copper < 6mm wide were China ($373M), Vietnam ($360M), India ($310M), United States ($280M), and Turkey ($261M).

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Exporters of Wire of refined copper < 6mm wide (2022)
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Importers of Wire of refined copper < 6mm wide (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$72.4M
Top Destination Growth (2021 -  2022)United States$70.5M

Between 2021 and 2022, the exports of Wire of refined copper < 6mm wide grew the fastest in Canada ($72.4M), Uzbekistan ($44.8M), France ($44.5M), Bulgaria ($25.7M), and Poland ($18M).

Between 2021 and 2022, the fastest growing importers of Wire of refined copper < 6mm wide were United States ($70.5M), Turkey ($41.9M), Belgium ($36.5M), Bulgaria ($20.7M), and Russia ($19.3M).

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Exporters of Wire of refined copper < 6mm wide (2021 - 2022)

Importers of Wire of refined copper < 6mm wide (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of Wire of refined copper < 6mm wide are explained by 22 countries.

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

Net Trade

TOP NET EXPORTER (2022)Germany$320M
TOP NET IMPORTER (2022)Vietnam$342M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wire of refined copper < 6mm wide were Germany ($320M), Turkey ($292M), Malaysia ($266M), Indonesia ($256M), and Spain ($249M).

In 2022, the countries that had a largest trade value in imports than in exports of Wire of refined copper < 6mm wide were Vietnam ($342M), India ($295M), Philippines ($204M), United States ($190M), and Hungary ($166M).

Net Trade (2022)

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 (2022)

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