HS4 subsector intelligence

Copper
HS4 7408 trade overview

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

HS4 74081995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$29.8BGlobal subsector value
02

Annual change

+1.4%Latest year on year
03

Exporters

143Active reporting countries
04

Importers

197Active reporting countries
05

HS6 products

5Classifications inside HS4

The subsector read

$29.8B in trade, with +2.9% annualized growth over three years.

Copper is recorded across 3,510 active corridors, with 143 exporters and 197 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: $4.8B1996: $4.4B1997: $4.5B1998: $3.9B1999: $4.2B2000: $5.2B2001: $4.7B2002: $4.8B2003: $5.4B2004: $9.0B2005: $11.1B2006: $20.3B2007: $22.8B2008: $22.8B2009: $12.5B2010: $19.5B2011: $23.9B2012: $21.2B2013: $21.3B2014: $21.0B2015: $16.6B2016: $15.0B2017: $18.0B2018: $20.8B2019: $18.3B2020: $16.8B2021: $27.4B2022: $26.9B2023: $26.7B2024: $29.8B
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
1CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$1.9B+5.1%5556 kmYes
2USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$1.1B+3%53,359 kmYes
3United Arab EmiratesAREIndiaIND$798.3M+38.9%32,204 kmNo
4United Arab EmiratesAREEgyptEGY$637.6M+106.1%22,428 kmYes
5RussiaRUSTurkeyTUR$627.2M+42.8%21,757 kmNo
6EgyptEGYSaudi ArabiaSAU$626.6M+69.2%41,639 kmYes
7GermanyDEUItalyITA$546.5M+3.2%51,184 kmYes
8PolandPOLCzechiaCZE$512.1M+1.2%5519 kmYes
9IndiaINDSaudi ArabiaSAU$503.0M+868.6%53,060 kmNo
10GermanyDEUPolandPOL$471.0M+2.1%5518 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
1GermanyDEU$3.8B1135
2United Arab EmiratesARE$3.3B755
3CanadaCAN$1.9B405
4BelgiumBEL$1.9B715
5USA, Puerto Rico and US Virgin IslandsUSA$1.6B1285
6SpainESP$1.6B1015
7PolandPOL$1.5B625
8ChinaCHN$1.4B1715
9TurkeyTUR$1.1B1255
10EgyptEGY$940.2M305
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$2.6B585
2Saudi ArabiaSAU$2.0B375
3IndiaIND$1.4B425
4ItalyITA$1.4B475
5TurkeyTUR$1.3B485
6MexicoMEX$1.2B475
7Viet NamVNM$953.7M405
8MoroccoMAR$921.8M285
9ChinaCHN$921.0M615
10CzechiaCZE$886.0M425

HS6 product coverage

The products inside HS4 7408

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

5 classifications shownCopper
01
Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mmHS6 740811
02
Copper: wire, of refined copper, of which the maximum cross-sectional dimension is 6mm or lessHS6 740819
03
Copper: wire, of copper-zinc base alloys (brass)HS6 740821
04
Copper: wire, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver)HS6 740822
05
Copper: wire, of copper alloys (other than copper-zinc base alloys, copper-nickel base alloys or copper-nickel-zinc base alloys)HS6 740829

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.