European Union | Imports and Exports | World | Copper and articles thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 74 "Copper and articles thereof" from European Union totalled $ 16 billion in 2023. Sales of commodity group 74 from European Union went up by 6.37% compared to 2022: exports of commodity group 74 "Copper and articles thereof" went up by $ 962 million (cumulative exports of commodity group 74 from European Union amounted $15 billion in 2022)
Exports of commodity group 74 "Copper and articles thereof" amounted to 0.581% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 74 in total exports from European Union decreased by 0.021 p.p. compared to 2022 (it was 0.603% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).
Where does European Union export Copper and articles thereof?
Top export destinations of "Copper and articles thereof" from European Union in 2023:
- China with a share of 19.3% (3.1 billion US$)
- United Kingdom with a share of 9.68% (1.55 billion US$)
- USA with a share of 9.54% (1.53 billion US$)
- Switzerland with a share of 6.61% (1.06 billion US$)
- Morocco with a share of 6.45% (1.03 billion US$)
- Turkey with a share of 6.15% (988 million US$)
- Canada with a share of 5.19% (833 million US$)
- Tunisia with a share of 3.46% (556 million US$)
- Serbia with a share of 3.33% (534 million US$)
- India with a share of 3.24% (520 million US$)
Exports structure of 74 - Copper and articles thereof - from European Union in 2023 represented by the following main commodity groups:
- 19.2% (3.08 billion US$): 7408 - Copper wire.
- 16.8% (2.71 billion US$): 7404 - Copper waste and scrap
- 16.4% (2.64 billion US$): 7403 - Refined copper and copper alloys, unwrought.
- 9.47% (1.52 billion US$): 7409 - Copper plates, sheets and strip, of a thickness exceeding 0.15 mm
- 8.35% (1.34 billion US$): 7407 - Copper bars, rods and profiles
- 5.86% (941 million US$): 7412 - Copper tube or pipe fittings (for example, couplings, elbows, sleeves)
- 5.79% (930 million US$): 7402 - Unrefined copper; copper anodes for electrolytic refining
- 5.05% (811 million US$): 7411 - Copper tubes and pipes.
- 4.1% (659 million US$): 7419 - Other articles of copper
- 2.26% (363 million US$): 7410 - Copper foil (whether or not printed or backed with paper, paperboard, plastics or similar backing materials) of a thickness (excluding any backing) not exceeding 0.15 mm
The value of imports of commodity group 74 "Copper and articles thereof" to European Union totalled $ 14.8 billion in 2023. Sales of commodity group 74 to European Union decreased by 17% in value terms compared to 2022. imports of commodity group 74 "Copper and articles thereof" decreased by $ 3.03 billion (the value of imports of commodity group 74 to European Union was equal to $17.8 billion in 2022)
Imports of commodity group 74 "Copper and articles thereof" accounted for 0.545% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 74 in total imports to European Union decreased by 0.044 p.p. compared to 2022 (it was 0.589% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).
Where does European Union import Copper and articles thereof from?
Top trading partners (import of "Copper and articles thereof") of European Union in 2023:
- Chile with a share of 13.1% (1.94 billion US$)
- Turkey with a share of 10.6% (1.58 billion US$)
- Dem. Rep. Congo with a share of 9.84% (1.45 billion US$)
- China with a share of 8.17% (1.21 billion US$)
- USA with a share of 7.13% (1.05 billion US$)
- United Kingdom with a share of 6.18% (916 million US$)
- Switzerland with a share of 4.47% (663 million US$)
- Russia with a share of 3.92% (581 million US$)
- Peru with a share of 3.6% (534 million US$)
- Korea with a share of 3.07% (455 million US$)
Imports structure of 74 - Copper and articles thereof - to European Union in 2023 represented by the following main commodity groups:
- 40% (5.98 billion US$): 7403 - Refined copper and copper alloys, unwrought.
- 20% (3.07 billion US$): 7404 - Copper waste and scrap
- 5.85% (868 million US$): 7408 - Copper wire.
- 5.09% (755 million US$): 7412 - Copper tube or pipe fittings (for example, couplings, elbows, sleeves)
- 4.65% (689 million US$): 7409 - Copper plates, sheets and strip, of a thickness exceeding 0.15 mm
- 4.5% (668 million US$): 7411 - Copper tubes and pipes.
- 3.56% (528 million US$): 7419 - Other articles of copper
- 3.45% (512 million US$): 7410 - Copper foil (whether or not printed or backed with paper, paperboard, plastics or similar backing materials) of a thickness (excluding any backing) not exceeding 0.15 mm
- 3.15% (468 million US$): 7413 - Stranded wire, cables, plaited bands and the like, of copper, not electrically insulated.
- 2.93% (434 million US$): 7402 - Unrefined copper; copper anodes for electrolytic refining
