HS4 subsector intelligence

Copper
HS4 7404 trade overview

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

HS4 74041995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$37.9BGlobal subsector value
02

Annual change

+14.1%Latest year on year
03

Exporters

188Active reporting countries
04

Importers

146Active reporting countries
05

HS6 products

1Classifications inside HS4

The subsector read

$37.9B in trade, with +2.8% annualized growth over three years.

Copper is recorded across 2,542 active corridors, with 188 exporters and 146 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: $4.4B1996: $3.6B1997: $4.0B1998: $3.0B1999: $3.0B2000: $3.7B2001: $3.4B2002: $3.5B2003: $4.0B2004: $6.6B2005: $8.5B2006: $16.3B2007: $20.0B2008: $19.9B2009: $14.3B2010: $25.6B2011: $32.7B2012: $30.6B2013: $27.2B2014: $24.7B2015: $19.2B2016: $16.4B2017: $21.5B2018: $23.4B2019: $21.6B2020: $19.4B2021: $34.9B2022: $35.0B2023: $33.3B2024: $37.9B
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
1USA, Puerto Rico and US Virgin IslandsUSAChinaCHN$3.1B+24.5%111,883 kmNo
2JapanJPNChinaCHN$2.1B+6.1%11,763 kmNo
3MalaysiaMYSChinaCHN$1.3B-8.1%13,737 kmYes
4ThailandTHAChinaCHN$1.0B+18.8%12,887 kmYes
5United KingdomGBRChinaCHN$722.7M+14.3%19,217 kmNo
6RussiaRUSChinaCHN$684.9M+384.4%16,831 kmNo
7USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$601.6M+0.6%1556 kmYes
8TaiwanTWNChinaCHN$558.8M+7.4%1688 kmNo
9Republic of KoreaKORChinaCHN$532.4M+12.2%1867 kmYes
10NetherlandsNLDGermanyDEU$506.1M-11.2%1579 kmYes

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
1USA, Puerto Rico and US Virgin IslandsUSA$5.6B741
2GermanyDEU$2.6B511
3JapanJPN$2.4B241
4FranceFRA$1.7B491
5United KingdomGBR$1.6B631
6MalaysiaMYS$1.5B181
7ThailandTHA$1.5B231
8Saudi ArabiaSAU$1.3B351
9ItalyITA$1.3B511
10NetherlandsNLD$1.2B491
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$15.6B1281
2GermanyDEU$3.0B951
3Republic of KoreaKOR$2.1B991
4IndiaIND$1.8B1241
5BelgiumBEL$1.8B861
6JapanJPN$1.8B931
7PolandPOL$1.0B461
8ItalyITA$948.3M661
9USA, Puerto Rico and US Virgin IslandsUSA$822.3M601
10SpainESP$779.7M731

HS6 product coverage

The products inside HS4 7404

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

1 classifications shownCopper
01
Copper: waste and scrapHS6 740400

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.