HS4 subsector intelligence

Copper
HS4 7403 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 74031995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$100.4BGlobal subsector value
02

Annual change

+19.8%Latest year on year
03

Exporters

156Active reporting countries
04

Importers

182Active reporting countries
05

HS6 products

7Classifications inside HS4

The subsector read

$100.4B in trade, with +2.1% annualized growth over three years.

Copper is recorded across 2,964 active corridors, with 156 exporters and 182 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $14.2B1996: $12.8B1997: $13.3B1998: $11.0B1999: $10.7B2000: $13.0B2001: $12.1B2002: $11.7B2003: $12.8B2004: $21.0B2005: $27.7B2006: $50.7B2007: $57.2B2008: $56.5B2009: $45.7B2010: $68.6B2011: $81.3B2012: $76.8B2013: $72.3B2014: $69.4B2015: $59.8B2016: $54.1B2017: $62.9B2018: $68.7B2019: $60.6B2020: $66.2B2021: $94.3B2022: $90.0B2023: $89.3B2024: $100.4B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1Democratic Republic of the CongoCODChinaCHN$11.3B+35.4%311,798 kmNo
2ChileCHLUSA, Puerto Rico and US Virgin IslandsUSA$5.9B-0.9%28,220 kmYes
3ChileCHLChinaCHN$4.8B-10%318,861 kmYes
4KazakhstanKAZChinaCHN$2.6B+3.7%54,117 kmNo
5Democratic Republic of the CongoCODUnited Rep. of TanzaniaTZA$2.4B+9.2%22,668 kmNo
6JapanJPNChinaCHN$2.2B+5.6%61,763 kmNo
7RussiaRUSChinaCHN$2.2B-8.1%66,831 kmNo
8ChileCHLBrazilBRA$2.1B+4.2%22,586 kmYes
9Congo, Rep. of theCOGUnited Arab EmiratesARE$2.1B+12%15,420 kmNo
10ChinaCHNTaiwanTWN$1.8B+47.7%4688 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1Democratic Republic of the CongoCOD$22.7B387
2ChileCHL$17.6B317
3JapanJPN$7.0B487
4KazakhstanKAZ$4.1B186
5Congo, Rep. of theCOG$4.1B185
6ChinaCHN$3.8B1207
7AustraliaAUS$3.5B367
8RussiaRUS$3.1B187
9PolandPOL$2.8B507
10PeruPER$2.7B256
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$35.2B1077
2USA, Puerto Rico and US Virgin IslandsUSA$8.4B637
3TaiwanTWN$5.0B457
4ItalyITA$4.8B567
5GermanyDEU$4.1B637
6United Arab EmiratesARE$3.4B587
7TurkeyTUR$3.3B417
8ThailandTHA$3.0B517
9Republic of KoreaKOR$2.7B437
10BrazilBRA$2.6B337

HS6 product coverage

The products inside HS4 7403

Six-digit classifications make the subsector specific. Browse the product workspace ↗

8 classifications shownCopper
01
Copper: refined, unwrought, cathodes and sections of cathodesHS6 740311
02
Copper: refined, unwrought, wire-barsHS6 740312
03
Copper: refined, unwrought, billetsHS6 740313
04
Copper: refined, unwrought, n.e.c. in item no. 7403.1HS6 740319
05
Copper: copper-zinc base alloys (brass) unwroughtHS6 740321
06
Copper: copper-tin base alloys (bronze) unwroughtHS6 740322
07
Copper: copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) unwroughtHS6 740323
08
Copper: copper alloys n.e.s. in heading no. 7403 (other than master alloys of heading no. 7405)HS6 740329

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.