UN Comtrade • Latest complete year: 2024
74 - Copper and articles thereof (HS 74)
Global exports
$187.13B
Global imports
$223.83B
Top exporter share
10.5%
Top importer share
32.4%
- Global exports of Copper and articles thereof totaled $187.1B in 2024.
- Global imports of Copper and articles thereof reached $223.8B in the same year.
- Chile was the leading exporter, accounting for 10.5% of the total with a value of $19.6B.
- China was the largest importer, receiving 32.4% of global imports, valued at $72.6B.
- The top three exporters—Chile, Germany, and China—collectively represented 26.0% of the world's exports.
- The top three importers—China, the United States, and Germany—accounted for a combined 45.9% of global imports.
Global Trade in Copper (2024)
The international market for Copper and articles thereof (HS2 code 74) recorded a total export value of $187.1B and an import value of $223.8B in 2024. The sector is characterized by a few dominant economies leading the trade flows.
Top Exporters and Importers
In exports, Chile led the market with $19.6B (10.5%), followed by Germany at $15.0B (8.0%) and China at $14.0B (7.5%). On the import side, China was the primary destination, with imports valued at $72.6B, making up 32.4% of the global total. The United States and Germany were also significant importers, with import values of $17.4B and $12.8B respectively.
See also: ChileGermanyChinaUnited States
Key Sub-Products
The trade of copper is diversified across several sub-categories. The most significant category by value is 'Refined copper and copper alloys, unwrought' (HS code 7403), which accounted for 36.0% of exports. Another major category is 'Copper waste and scrap' (HS code 7404), representing 16.5% of total exports in 2024.
Quick insights
- Chile is the top exporter (10.5% of reported exports).
- China is the top importer (32.4% of reported imports).
- Top 3 exporter concentration: 25.9%.
- Top 5 exporter concentration: 39.6%.
Notes: Shares are relative to reported totals in the dataset for the selected year.
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Copper and articles thereof - product groups (4-digit) by top countries (Exports), 2024 (USD)
Top 10 countries with the leading 6 product groups (4-digit); remainder grouped as Other.
Flow: Exports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
Copper and articles thereof - country rank by trade value (Exports), 2015-2024 (USD)
Ranks show the top 10 countries by latest-year value (rank 1 is largest).
Flow: Exports | Years: 2015-2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
Global export trend
Copper and articles thereof - exports over time (Exports), 2015-2024 (USD)
Annual reported exports across available years.
Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
HS4 drilldown
Built: 2026-01-12T08:07:48Z • Snapshot: 20251222
HS4 subcategories within HS 74 for 2024 (partner = World). Values are summed across reporting economies; coverage varies by reporter and year.
Exports
Coverage vs HS2: 99.5%
Copper and articles thereof - top 4-digit product groups by export share (Exports), 2024 (USD)
Leading 4-digit product groups by export value.
Flow: Exports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 7403 | Copper; refined and copper allo… | $67.39B | 36.0% |
| 7404 | Copper; waste and scrap | $30.79B | 16.5% |
| 7408 | Copper wire | $24.47B | 13.1% |
| 7402 | Copper; unrefined, copper anode… | $15.15B | 8.1% |
| 7409 | Copper plates, sheets and strip… | $10.11B | 5.4% |
| 7411 | Copper tubes and pipes | $8.66B | 4.6% |
| 7407 | Copper; bars, rods and profiles | $6.44B | 3.4% |
| 7410 | Copper foil (whether or not pri… | $6.27B | 3.4% |
| 7412 | Copper; tube or pipe fittings (… | $5.77B | 3.1% |
| 7419 | Copper; articles thereof n.e.c.… | $4.15B | 2.2% |
| 7413 | Copper; stranded wire, cables,… | $2.75B | 1.5% |
| 7415 | Copper, nails, tacks, drawing p… | $1.22B | 0.7% |
Subcategory names are truncated; hover to see the full description.
Fastest-growing HS4 (CAGR 2019–2024)
Filter: start-year value ≥ $1.00M
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 7402 | Copper; unrefined, copper anode… | 13.2% | $15.15B |
| 7404 | Copper; waste and scrap | 11.5% | $30.79B |
| 7413 | Copper; stranded wire, cables,… | 8.4% | $2.75B |
| 7409 | Copper plates, sheets and strip… | 7.3% | $10.11B |
| 7410 | Copper foil (whether or not pri… | 7.3% | $6.27B |
| 7408 | Copper wire | 6.6% | $24.47B |
| 7418 | Copper; table, kitchen or other… | 6.0% | $885.02M |
| 7411 | Copper tubes and pipes | 5.5% | $8.66B |
Imports
Coverage vs HS2: 99.6%
Copper and articles thereof - top 4-digit product groups by import share (Imports), 2024 (USD)
Leading 4-digit product groups by import value.
Flow: Imports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 7403 | Copper; refined and copper allo… | $89.64B | 40.0% |
| 7404 | Copper; waste and scrap | $39.29B | 17.6% |
| 7408 | Copper wire | $28.18B | 12.6% |
| 7402 | Copper; unrefined, copper anode… | $17.81B | 8.0% |
| 7409 | Copper plates, sheets and strip… | $9.43B | 4.2% |
| 7411 | Copper tubes and pipes | $8.95B | 4.0% |
| 7410 | Copper foil (whether or not pri… | $7.01B | 3.1% |
| 7412 | Copper; tube or pipe fittings (… | $5.98B | 2.7% |
| 7407 | Copper; bars, rods and profiles | $5.92B | 2.6% |
| 7419 | Copper; articles thereof n.e.c.… | $4.10B | 1.8% |
| 7413 | Copper; stranded wire, cables,… | $2.51B | 1.1% |
| 7415 | Copper, nails, tacks, drawing p… | $1.42B | 0.6% |
Subcategory names are truncated; hover to see the full description.
Fastest-growing HS4 (CAGR 2019–2024)
Filter: start-year value ≥ $1.00M
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 7402 | Copper; unrefined, copper anode… | 14.5% | $17.81B |
| 7404 | Copper; waste and scrap | 11.1% | $39.29B |
| 7403 | Copper; refined and copper allo… | 9.7% | $89.64B |
| 7408 | Copper wire | 9.7% | $28.18B |
| 7406 | Copper; powders and flakes | 9.3% | $847.68M |
| 7413 | Copper; stranded wire, cables,… | 8.4% | $2.51B |
| 7411 | Copper tubes and pipes | 7.6% | $8.95B |
| 7401 | Copper mattes; cement copper (p… | 5.8% | $1.02B |
Explore country profiles
Jump from this HS2 product to the country trade pages for the largest exporters and importers.
Top exporters
Top trade routes
Top exporter → importer routes among the largest exporters (bounded at build-time).
| Exporter | Importer | Value | Share of exports |
|---|---|---|---|
| Chile (CHL) | USA (USA) | $5.86B | 3.1% |
| Chile (CHL) | China (CHN) | $5.56B | 3.0% |
| Japan (JPN) | China (CHN) | $5.53B | 3.0% |
| Zambia (ZMB) | Switzerland (CHE) | $4.66B | 2.5% |
| Canada (CAN) | USA (USA) | $3.92B | 2.1% |
| USA (USA) | Mexico (MEX) | $3.90B | 2.1% |
| USA (USA) | China (CHN) | $2.94B | 1.6% |
| Kazakhstan (KAZ) | China (CHN) | $2.69B | 1.4% |
| Rep. of Korea (KOR) | China (CHN) | $2.65B | 1.4% |
| Zambia (ZMB) | China (CHN) | $2.27B | 1.2% |
| USA (USA) | Canada (CAN) | $2.20B | 1.2% |
| Chile (CHL) | Brazil (BRA) | $2.16B | 1.2% |
| China (CHN) | Rep. of Korea (KOR) | $1.86B | 1.0% |
| Japan (JPN) | India (IND) | $1.78B | 1.0% |
| Poland (POL) | Germany (DEU) | $1.65B | 0.9% |
Data notes & methodology
Source: UN Comtrade
Exports total: $187.13B • Imports total: $223.83B
Canonical: https://tradevedia.com/product/hs2/74/