Subheading · Section V

2603.00: Copper ores and concentrates

2603.00
  • —UK
  • FreeEU
  • 5%Türkiye
  • —USA
  • US$105.9bnWorld trade in 2024

2603.00 is a six-digit subheading of heading 2603, copper ores and concentrates, chapter 26.

The EU Combined Nomenclature has one tariff line for subheading 2603.00; the duty is duty-free.

Subheading 2603.00 is a single line in the Turkish Customs Tariff Schedule, where the statutory rate is 5%.

In the Harmonized Tariff Schedule of the United States the line under subheading 2603.00 carries a specific or compound duty rather than a percentage.

World trade in these goods reached US$105.9bn in 2024, up 10% on 2023.

Chile was the largest exporter with 29.3% of the total, ahead of Peru.

China imported the most (US$66.2bn).

The United Kingdom ranked 78th among 107 exporters with US$269.7k.

The United Kingdom imported US$4.7m, most of it from Brazil.

Duty rates compared

UK specific or compound duty Third-country duty 1 tariff line EU Free Third-country duty 1 tariff line Türkiye 5% Statutory rate (Law 474) 1 tariff line USA specific or compound duty General (MFN) 1 tariff line

The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.

UK Global Tariff

UK lines →
  1. 2603 00 00 00 Copper ores and concentrates

EU Combined Nomenclature

EU lines →
  1. 2603 00 00 Copper ores and concentrates Free—

Turkish Customs Tariff Schedule

Türkiye lines →

This line has no official text in this language; it is shown in the language of its tariff.

  1. 2603.00.00.00.00 Bakır cevherleri ve zenginleştirilmiş bakır cevherleri 5%

Harmonized Tariff Schedule of the United States

USA lines →
  1. 2603.00.00 Copper ores and concentrates 1.7¢/kg on lead content
  2. 2603.00.00.10 Copper content Cu kg
  3. 2603.00.00.20 Lead content Pb kg
  4. 2603.00.00.30 Zinc content Zn kg
  5. 2603.00.00.40 Silver content Ag g
  6. 2603.00.00.50 Gold content Au g

Special: reduced rates under trade agreements and preference programmes; the letters in brackets name the programmes (for example AU = Australia FTA, KR = Korea FTA).

World trade in 2024

2603.00 · US$105.9bn

Trade value (US$) no reported trade < US$21.5mUS$21.5m+US$476.3m+US$3.2bn+> US$8.4bn

Exports: 107
  1. Chile: US$31bn
  2. Peru: US$20.5bn
  3. Indonesia: US$8.4bn
  4. Australia: US$4.6bn
  5. Brazil: US$4.2bn
  6. United States: US$4bn
  7. Mexico: US$3.7bn
  8. Canada: US$3.5bn
  9. Mongolia: US$3.3bn
  10. Kazakhstan: US$3.2bn
  11. Congo - Kinshasa: US$3bn
  12. Serbia: US$1.7bn
  13. Russia: US$1.5bn
  14. Papua New Guinea: US$1.3bn
  15. Spain: US$1.1bn
  16. Ecuador: US$1.1bn
  17. Philippines: US$1bn
  18. Botswana: US$820.3m
  19. Taiwan: US$711.3m
  20. Türkiye: US$660.6m
  21. Saudi Arabia: US$637.5m
  22. Bulgaria: US$627.5m
  23. South Korea: US$599.8m
  24. Armenia: US$542.9m
  25. Laos: US$476.3m
  26. Portugal: US$381.1m
  27. South Africa: US$320.5m
  28. Morocco: US$264m
  29. Eritrea: US$258m
  30. Mauritania: US$218.7m
  31. Sweden: US$217.1m
  32. Tanzania: US$210.3m
  33. United Arab Emirates: US$180.8m
  34. Romania: US$152.8m
  35. Singapore: US$123.8m
  36. Montenegro: US$111.4m
  37. Dominican Republic: US$110.8m
  38. Germany: US$104.8m
  39. Zambia: US$95.4m
  40. Colombia: US$86.1m
  41. North Macedonia: US$72.3m
  42. Malaysia: US$71.1m
  43. Albania: US$66.9m
  44. Georgia: US$66.4m
  45. Finland: US$49.4m
  46. India: US$47.6m
  47. China: US$29.2m
  48. Bolivia: US$27.3m
  49. Panama: US$23.5m
  50. Cyprus: US$21.5m
  51. Kyrgyzstan: US$21.5m
  52. Denmark: US$17.8m
  53. Tajikistan: US$17.4m
  54. Myanmar (Burma): US$16.9m
  55. Oman: US$14.4m
  56. Croatia: US$10.7m
  57. Congo - Brazzaville: US$10.5m
  58. Vietnam: US$10.4m
  59. Slovenia: US$7.9m
  60. Pakistan: US$7.7m

Top exporters

RankCountryValueShare
1 Chile US$31bn 29.3%
2 Peru US$20.5bn 19.4%
3 Indonesia US$8.4bn 8%
4 Australia US$4.6bn 4.3%
5 Brazil US$4.2bn 3.9%
6 United States US$4bn 3.8%
7 Mexico US$3.7bn 3.5%
8 Canada US$3.5bn 3.3%
9 Mongolia US$3.3bn 3.1%
10 Kazakhstan US$3.2bn 3%

Top importers

RankCountryValueShare
1 China US$66.2bn 62.5%
2 Japan US$13.5bn 12.8%
3 South Korea US$4.7bn 4.5%
4 India US$4bn 3.8%
5 Spain US$2.6bn 2.4%
6 Germany US$2.5bn 2.4%
7 Bulgaria US$2.5bn 2.3%
8 Philippines US$1.9bn 1.8%
9 Mexico US$1.5bn 1.5%
10 Finland US$1.1bn 1%

Questions and answers

What is the HS code for copper ores and concentrates?

Copper ores and concentrates fall under HS subheading 2603.00, part of heading 2603, in section V of the Harmonized System.

What is the import duty on copper ores and concentrates in the EU?

Under the EU Combined Nomenclature, imports under 2603.00 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most copper ores and concentrates?

Chile, with US$31bn in 2024 (29.3% of world exports).