Heading · Section XV

7401: Copper mattes; cement copper (precipitated copper)

7401
  • —UK
  • FreeEU
  • 10%Türkiye
  • FreeUSA
  • US$1.1bnWorld trade in 2024

Heading 7401 has no further six-digit division: the whole heading is subheading 7401.00, in chapter 74 (copper and articles thereof).

Heading 7401 is a single line in the EU Combined Nomenclature, where the duty is duty-free.

The Turkish Customs Tariff Schedule has one tariff line for heading 7401; the statutory rate is 10%.

Heading 7401 is a single line in the Harmonized Tariff Schedule of the United States, where the duty is duty-free.

In 2024, countries exported heading 7401 goods worth US$1.1bn (−7.5% year on year).

The largest exporter was Canada (US$238.1m), followed by Finland.

The biggest buyer was China, with imports of US$227.4m.

The United Kingdom ranked 22nd among 75 exporters with US$9.9m.

The United Kingdom imported US$486.2k.

Duty rates compared

UK specific or compound duty Third-country duty 1 tariff line EU Free Third-country duty 1 tariff line Türkiye 10% Statutory rate (Law 474) 1 tariff line USA Free 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.

Subheadings 1

World trade in 2024

7401 · US$1.1bn

Trade value (US$) no reported trade < US$1.5mUS$1.5m+US$14m+US$26.3m+> US$86.4m

Exports: 75
  1. Canada: US$238.1m
  2. Finland: US$212m
  3. Mexico: US$86.4m
  4. Cambodia: US$71.3m
  5. Germany: US$67.3m
  6. Thailand: US$53.6m
  7. South Korea: US$32.7m
  8. Australia: US$26.3m
  9. Indonesia: US$21.6m
  10. France: US$21.2m
  11. Peru: US$19m
  12. India: US$18.1m
  13. Taiwan: US$17.3m
  14. Norway: US$16.7m
  15. Belgium: US$15.7m
  16. Netherlands: US$15.2m
  17. Japan: US$14.9m
  18. Chile: US$14m
  19. Congo - Kinshasa: US$11.9m
  20. Laos: US$11.6m
  21. Tanzania: US$10.8m
  22. United Kingdom: US$9.9m
  23. Malaysia: US$8.7m
  24. Russia: US$8.5m
  25. Zambia: US$7.1m
  26. Vietnam: US$6.3m
  27. Hong Kong SAR China: US$5.6m
  28. Argentina: US$4.7m
  29. Bulgaria: US$4.6m
  30. Singapore: US$4.4m
  31. Dominica: US$3.8m
  32. Spain: US$3.7m
  33. Poland: US$3.6m
  34. United States: US$2.7m
  35. China: US$2.1m
  36. South Africa: US$1.5m
  37. Türkiye: US$1.4m
  38. Côte d’Ivoire: US$1.2m
  39. Pakistan: US$707.8k
  40. Azerbaijan: US$626.1k
  41. Brazil: US$625.8k
  42. Philippines: US$436.6k
  43. Israel: US$399k
  44. Switzerland: US$288k
  45. Italy: US$259k
  46. United Arab Emirates: US$257.2k
  47. Sweden: US$249.8k
  48. Austria: US$211.4k
  49. Bolivia: US$121.2k
  50. Qatar: US$96.8k
  51. Tunisia: US$38.4k
  52. Denmark: US$21.6k
  53. Slovakia: US$17.5k
  54. Serbia: US$12.7k
  55. Iceland: US$9k
  56. Guyana: US$6.8k
  57. Latvia: US$6k
  58. New Zealand: US$5.6k
  59. Kazakhstan: US$5.3k
  60. Lebanon: US$3.9k

Top exporters

RankCountryValueShare
1 Canada US$238.1m 22%
2 Finland US$212m 19.6%
3 Mexico US$86.4m 8%
4 Cambodia US$71.3m 6.6%
5 Germany US$67.3m 6.2%
6 Thailand US$53.6m 5%
7 South Korea US$32.7m 3%
8 Australia US$26.3m 2.4%
9 Indonesia US$21.6m 2%
10 France US$21.2m 2%

Top importers

RankCountryValueShare
1 China US$227.4m 21.1%
2 Russia US$211.8m 19.6%
3 South Korea US$192.3m 17.8%
4 Norway US$120m 11.1%
5 Belgium US$111.4m 10.3%
6 Australia US$38.7m 3.6%
7 Finland US$38.3m 3.5%
8 Bulgaria US$27.6m 2.6%
9 Thailand US$27.6m 2.6%
10 Cambodia US$25.9m 2.4%

Products classified here

Questions and answers

What is the HS code for copper mattes; cement copper (precipitated copper)?

Copper mattes; cement copper (precipitated copper) fall under HS heading 7401, part of chapter 74, in section XV of the Harmonized System.

What is the import duty on copper mattes; cement copper (precipitated copper) in the EU?

Under the EU Combined Nomenclature, imports under 7401 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on copper mattes; cement copper (precipitated copper) in the United States?

Under the Harmonized Tariff Schedule of the United States, imports under 7401 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 mattes; cement copper (precipitated copper)?

Canada, with US$238.1m in 2024 (22% of world exports).