Heading · Chapter 74

7405

7405: Master alloys of copper

Heading 7405 has no further six-digit division: the whole heading is subheading 7405.00, in chapter 74 (copper and articles thereof).

Duty rates compared

Subheadings 1

EU: imports by month

last 12 months€10m+9.6% · previous 12 months
Average import price€12.79 per kg
Jan 2024: €195kFeb 2024: €834kMar 2024: €343kApr 2024: €1.1mMay 2024: €802kJun 2024: €678kJul 2024: €945kAug 2024: €191kSept 2024: €271kOct 2024: €1.2mNov 2024: €453kDec 2024: €240kJan 2025: €1.4mFeb 2025: €509kMar 2025: €932kApr 2025: €1.2mMay 2025: €308kJun 2025: €814kJul 2025: €1mAug 2025: €717kSept 2025: €923kOct 2025: €588kNov 2025: €400kDec 2025: €899kJan 2026: €1mFeb 2026: €627kMar 2026: €1mApr 2026: €1.3mMay 2026: €1.5mJun 2026: €671kJul 2026: €382kAug 2026: €664k 202420252026
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

World trade in 2024

7405 · US$239m

Trade value (US$) no reported trade < US$120kUS$120k+US$2m+US$14m+> US$26m

Exports: 60
  1. Belgium: US$81m
  2. South Korea: US$26m
  3. Kazakhstan: US$19m
  4. Japan: US$16m
  5. Congo - Kinshasa: US$14m
  6. United States: US$14m
  7. Italy: US$13m
  8. China: US$11m
  9. Germany: US$9m
  10. Singapore: US$9m
  11. Spain: US$5m
  12. India: US$5m
  13. France: US$4m
  14. Netherlands: US$3m
  15. Saudi Arabia: US$2m
  16. United Kingdom: US$2m
  17. Hong Kong SAR China: US$936k
  18. Russia: US$793k
  19. Romania: US$750k
  20. Poland: US$690k
  21. New Zealand: US$677k
  22. Canada: US$672k
  23. Austria: US$615k
  24. Bulgaria: US$334k
  25. Türkiye: US$239k
  26. Ireland: US$179k
  27. Malaysia: US$159k
  28. Australia: US$155k
  29. Portugal: US$154k
  30. Mexico: US$120k
  31. Taiwan: US$116k
  32. Estonia: US$113k
  33. Chile: US$110k
  34. Slovenia: US$107k
  35. Thailand: US$107k
  36. Norway: US$104k
  37. Guatemala: US$87k
  38. Hungary: US$84k
  39. Denmark: US$79k
  40. Senegal: US$69k
  41. Switzerland: US$55k
  42. Bahrain: US$50k
  43. Philippines: US$41k
  44. Sweden: US$41k
  45. South Africa: US$36k
  46. United Arab Emirates: US$26k
  47. Finland: US$19k
  48. Israel: US$16k
  49. Greece: US$14k
  50. Lithuania: US$11k
  51. Côte d’Ivoire: US$7k
  52. Armenia: US$5k
  53. Slovakia: US$3k
  54. Brazil: US$2k
  55. Vietnam: US$1k
  56. Nigeria: US$900
  57. Czechia: US$400
  58. Colombia: US$200
  59. Indonesia: US$200
  60. Luxembourg: US$100

Top exporters

RankCountryValueShare
1 Belgium US$81m 33.9%
2 South Korea US$26m 10.7%
3 Kazakhstan US$19m 8%
4 Japan US$16m 6.7%
5 Congo - Kinshasa US$14m 5.9%
6 United States US$14m 5.7%
7 Italy US$13m 5.5%
8 China US$11m 4.4%
9 Germany US$9m 3.7%
10 Singapore US$9m 3.7%

Top importers

RankCountryValueShare
1 Germany US$61m 25.5%
2 China US$31m 12.9%
3 Singapore US$13m 5.3%
4 Italy US$10m 4.1%
5 Japan US$8m 3.4%
6 South Korea US$8m 3.3%
7 Türkiye US$8m 3.2%
8 United States US$7m 2.9%
9 France US$7m 2.8%
10 Spain US$6m 2.7%

Heading 7405 is a single line in the EU Combined Nomenclature, where the duty is duty-free.

The Turkish Customs Tariff Schedule divides heading 7405 into 2 tariff lines; the duty is duty-free.

In the Harmonized Tariff Schedule of the United States, heading 7405 covers 2 tariff lines and the duty is duty-free.

In 2024, countries exported heading 7405 goods worth US$239m (−25.2% year on year).

The largest exporter was Belgium (US$81m), followed by South Korea.

The biggest buyer was Germany, with imports of US$61m.

The United Kingdom ranked 16th among 60 exporters with US$2m.

The United Kingdom imported US$3m.

Products classified here

Questions and answers

What is the HS code for master alloys of copper?

Master alloys of copper fall under HS heading 7405, part of chapter 74, in section XV of the Harmonized System.

What is the import duty on master alloys of copper in the EU?

Under the EU Combined Nomenclature, imports under 7405 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 master alloys of copper?

Belgium, with US$81m in 2024 (33.9% of world exports).

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