Heading · Chapter 74

7403

7403: Refined copper and copper alloys, unwrought

Heading 7403 is divided into 7 six-digit subheadings and sits in chapter 74, copper and articles thereof.

Duty rates compared

Subheadings 7

EU: imports by month

last 12 months€8.8bn+28.3% · previous 12 months
Average import price€10.79 per kg
Jan 2024: €474.2mFeb 2024: €570.7mMar 2024: €467.4mApr 2024: €662mMay 2024: €698.1mJun 2024: €586.1mJul 2024: €674mAug 2024: €374.9mSept 2024: €438.1mOct 2024: €586.8mNov 2024: €556mDec 2024: €268mJan 2025: €616.9mFeb 2025: €525.8mMar 2025: €538.6mApr 2025: €758.1mMay 2025: €610.6mJun 2025: €762.5mJul 2025: €707.7mAug 2025: €497.5mSept 2025: €665.3mOct 2025: €714.4mNov 2025: €784.7mDec 2025: €449.7mJan 2026: €806.2mFeb 2026: €839.3mMar 2026: €915mApr 2026: €761.3mMay 2026: €785.4mJun 2026: €840.7mJul 2026: €839.3mAug 2026: €409m 202420252026
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

World trade in 2024

7403 · US$96bn

Trade value (US$) no reported trade < US$12mUS$12m+US$267m+US$2bn+> US$4bn

Exports: 149
  1. Congo - Kinshasa: US$20bn
  2. Chile: US$17bn
  3. Japan: US$7bn
  4. Kazakhstan: US$4bn
  5. Australia: US$4bn
  6. Russia: US$3bn
  7. China: US$3bn
  8. Poland: US$3bn
  9. Peru: US$2bn
  10. Zambia: US$2bn
  11. Indonesia: US$2bn
  12. Bulgaria: US$2bn
  13. Congo - Brazzaville: US$2bn
  14. South Korea: US$2bn
  15. United States: US$2bn
  16. Germany: US$2bn
  17. Belgium: US$1bn
  18. Canada: US$1bn
  19. Philippines: US$1bn
  20. Serbia: US$1bn
  21. Spain: US$1bn
  22. Austria: US$1bn
  23. Finland: US$924m
  24. Pakistan: US$690m
  25. Netherlands: US$638m
  26. India: US$576m
  27. South Africa: US$547m
  28. Thailand: US$546m
  29. Uzbekistan: US$544m
  30. United Arab Emirates: US$485m
  31. France: US$445m
  32. Taiwan: US$439m
  33. Sweden: US$382m
  34. Italy: US$372m
  35. Morocco: US$330m
  36. Iran: US$293m
  37. Mexico: US$267m
  38. Malaysia: US$243m
  39. Singapore: US$243m
  40. Myanmar (Burma): US$239m
  41. Norway: US$163m
  42. Tanzania: US$161m
  43. Qatar: US$150m
  44. Vietnam: US$135m
  45. Mongolia: US$130m
  46. Türkiye: US$128m
  47. Nigeria: US$115m
  48. Switzerland: US$113m
  49. Laos: US$109m
  50. Croatia: US$85m
  51. Brazil: US$56m
  52. Portugal: US$47m
  53. Luxembourg: US$47m
  54. Tajikistan: US$46m
  55. Mozambique: US$46m
  56. Czechia: US$41m
  57. Angola: US$36m
  58. New Zealand: US$33m
  59. Slovakia: US$31m
  60. Slovenia: US$31m

Top exporters

RankCountryValueShare
1 Congo - Kinshasa US$20bn 20.4%
2 Chile US$17bn 18%
3 Japan US$7bn 7.6%
4 Kazakhstan US$4bn 4.4%
5 Australia US$4bn 3.8%
6 Russia US$3bn 3.4%
7 China US$3bn 3.2%
8 Poland US$3bn 2.9%
9 Peru US$2bn 2.6%
10 Zambia US$2bn 2.5%

Top importers

RankCountryValueShare
1 China US$37bn 39.2%
2 United States US$8bn 8.8%
3 Taiwan US$5bn 5.3%
4 Italy US$5bn 5.2%
5 Germany US$4bn 4.4%
6 Türkiye US$4bn 3.7%
7 Thailand US$3bn 3.4%
8 India US$3bn 2.9%
9 South Korea US$3bn 2.7%
10 Brazil US$3bn 2.7%

Recent rule changes mentioning this code

Acts whose text cites this code or its heading. Check the act itself: a code can be cited for reasons other than a change of its duty.

  1. EU Sanctions · Applies from:

    Council Regulation (EU) 2026/513 of 23 April 2026 amending Regulation (EC) No 765/2006 concerning restrictive measures in view of the situation in Belarus and the involvement of Belarus in the Russian aggression against Ukraine

    CELEX 32026R0513 · Source: eur-lex.europa.eu

Rule changes →

The UK Global Tariff divides heading 7403 into 7 tariff lines; the duty is duty-free.

In the EU Combined Nomenclature, heading 7403 covers 7 tariff lines and the duty is duty-free.

The Turkish Customs Tariff Schedule divides heading 7403 into 9 tariff lines; the duty is duty-free.

In the Harmonized Tariff Schedule of the United States, heading 7403 covers 7 tariff lines and the duty is 1%.

In 2024, countries exported heading 7403 goods worth US$96bn (+8.7% year on year).

The largest exporter was the Congo - Kinshasa (US$20bn), followed by Chile.

The biggest buyer was China, with imports of US$37bn.

The United Kingdom ranked 62nd among 149 exporters with US$28m.

The United Kingdom imported US$132m.

Products classified here

Questions and answers

What is the HS code for refined copper and copper alloys, unwrought?

Refined copper and copper alloys, unwrought fall under HS heading 7403, part of chapter 74, in section XV of the Harmonized System.

What is the import duty on refined copper and copper alloys, unwrought in the UK?

Under the UK Global Tariff, imports under 7403 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 refined copper and copper alloys, unwrought in the EU?

Under the EU Combined Nomenclature, imports under 7403 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 refined copper and copper alloys, unwrought?

The Congo - Kinshasa, with US$20bn in 2024 (20.4% of world exports).

Follow changes (RSS)