Heading · Chapter 74

7408

7408: Copper wire

5 subheadings make up heading 7408 in chapter 74 (copper and articles thereof).

Duty rates compared

Subheadings 5

EU: imports by month

last 12 months€1.3bn+46.2% · previous 12 months
Average import price€11.39 per kg
Jan 2024: €56.8mFeb 2024: €56.9mMar 2024: €65.9mApr 2024: €80.3mMay 2024: €83.7mJun 2024: €74.3mJul 2024: €84.7mAug 2024: €65.6mSept 2024: €67.4mOct 2024: €72.1mNov 2024: €66.1mDec 2024: €44.9mJan 2025: €73.1mFeb 2025: €75.5mMar 2025: €86.1mApr 2025: €91.7mMay 2025: €84.5mJun 2025: €70.3mJul 2025: €87.7mAug 2025: €77.9mSept 2025: €93mOct 2025: €100.8mNov 2025: €85.4mDec 2025: €66.6mJan 2026: €98.4mFeb 2026: €105.9mMar 2026: €129.5mApr 2026: €119.6mMay 2026: €124.9mJun 2026: €144.3mJul 2026: €121.4mAug 2026: €121.9m 202420252026
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

World trade in 2024

7408 · US$31bn

Trade value (US$) no reported trade < US$2mUS$2m+US$54m+US$853m+> US$2bn

Exports: 139
  1. Germany: US$4bn
  2. United Arab Emirates: US$2bn
  3. Belgium: US$2bn
  4. Canada: US$2bn
  5. Spain: US$2bn
  6. Poland: US$2bn
  7. United States: US$2bn
  8. China: US$1bn
  9. Türkiye: US$1bn
  10. Thailand: US$1bn
  11. Egypt: US$962m
  12. Italy: US$957m
  13. Malaysia: US$885m
  14. Indonesia: US$853m
  15. France: US$838m
  16. Russia: US$793m
  17. Uzbekistan: US$782m
  18. India: US$576m
  19. South Korea: US$558m
  20. Peru: US$501m
  21. Japan: US$451m
  22. Sweden: US$440m
  23. Taiwan: US$422m
  24. Chile: US$375m
  25. Mexico: US$195m
  26. Austria: US$193m
  27. Iran: US$169m
  28. Brazil: US$160m
  29. Vietnam: US$160m
  30. Greece: US$139m
  31. Bulgaria: US$133m
  32. Zambia: US$79m
  33. Philippines: US$66m
  34. Switzerland: US$54m
  35. Finland: US$50m
  36. Singapore: US$46m
  37. North Macedonia: US$44m
  38. Czechia: US$34m
  39. Algeria: US$31m
  40. Serbia: US$30m
  41. Ireland: US$22m
  42. Netherlands: US$21m
  43. United Kingdom: US$19m
  44. Hong Kong SAR China: US$19m
  45. Kuwait: US$18m
  46. Hungary: US$17m
  47. Slovenia: US$16m
  48. Jordan: US$14m
  49. Kazakhstan: US$13m
  50. Georgia: US$9m
  51. Saudi Arabia: US$8m
  52. Iraq: US$7m
  53. Senegal: US$7m
  54. South Africa: US$6m
  55. Slovakia: US$6m
  56. Denmark: US$6m
  57. Portugal: US$5m
  58. Croatia: US$5m
  59. Congo - Kinshasa: US$5m
  60. Angola: US$5m

Top exporters

RankCountryValueShare
1 Germany US$4bn 12.9%
2 United Arab Emirates US$2bn 8.1%
3 Belgium US$2bn 6.9%
4 Canada US$2bn 6.2%
5 Spain US$2bn 6.1%
6 Poland US$2bn 5.3%
7 United States US$2bn 5.2%
8 China US$1bn 4.9%
9 Türkiye US$1bn 3.9%
10 Thailand US$1bn 3.7%

Top importers

RankCountryValueShare
1 United States US$3bn 8.3%
2 Saudi Arabia US$2bn 7.2%
3 India US$2bn 5.3%
4 Italy US$2bn 5%
5 Morocco US$1bn 4.6%
6 Türkiye US$1bn 4.6%
7 Mexico US$1bn 4%
8 Vietnam US$950m 3.1%
9 Germany US$920m 3%
10 Czechia US$915m 3%

In the UK Global Tariff, heading 7408 covers 6 tariff lines and the duty is 4%.

The EU Combined Nomenclature divides heading 7408 into 6 tariff lines; the duty is 4.8%.

In the Turkish Customs Tariff Schedule, heading 7408 covers 9 tariff lines and the duty is 4.8%.

The Harmonized Tariff Schedule of the United States divides heading 7408 into 8 tariff lines; the duty is between 1% and 3% (average 2.8%).

World trade in heading 7408 goods reached US$31bn in 2024, up 13.8% on 2023.

Germany was the largest exporter with 12.9% of the total, ahead of the United Arab Emirates.

The United States imported the most (US$3bn).

The United Kingdom ranked 43rd among 139 exporters with US$19m.

The United Kingdom imported US$387m.

Products classified here

Questions and answers

What is the HS code for copper wire?

Copper wire fall under HS heading 7408, part of chapter 74, in section XV of the Harmonized System.

What is the import duty on copper wire in the UK?

Under the UK Global Tariff, imports under 7408 from countries without a preferential agreement are charged at 4%. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on copper wire in the EU?

Under the EU Combined Nomenclature, imports under 7408 from countries without a preferential agreement are charged at 4.8%. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most copper wire?

Germany, with US$4bn in 2024 (12.9% of world exports).