Heading · Section XV

7408: Copper wire

7408
  • 4%UK
  • 4.8%EU
  • 40%Türkiye
  • 1%–3%USA
  • US$30.5bnWorld trade in 2024

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

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 statutory rate is 40%.

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$30.5bn 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$2.5bn).

The United Kingdom ranked 43rd among 139 exporters with US$19.3m.

The United Kingdom imported US$387m.

Duty rates compared

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 5

World trade in 2024

7408 · US$30.5bn

Trade value (US$) no reported trade < US$2.4mUS$2.4m+US$53.5m+US$852.7m+> US$1.9bn

Exports: 139
  1. Germany: US$3.9bn
  2. United Arab Emirates: US$2.5bn
  3. Belgium: US$2.1bn
  4. Canada: US$1.9bn
  5. Spain: US$1.9bn
  6. Poland: US$1.6bn
  7. United States: US$1.6bn
  8. China: US$1.5bn
  9. Türkiye: US$1.2bn
  10. Thailand: US$1.1bn
  11. Egypt: US$961.6m
  12. Italy: US$957.3m
  13. Malaysia: US$885.3m
  14. Indonesia: US$852.7m
  15. France: US$838.1m
  16. Russia: US$792.6m
  17. Uzbekistan: US$782.5m
  18. India: US$575.9m
  19. South Korea: US$558m
  20. Peru: US$500.8m
  21. Japan: US$451.4m
  22. Sweden: US$440.1m
  23. Taiwan: US$421.7m
  24. Chile: US$374.8m
  25. Mexico: US$194.7m
  26. Austria: US$193.5m
  27. Iran: US$168.6m
  28. Brazil: US$160.3m
  29. Vietnam: US$159.7m
  30. Greece: US$139.3m
  31. Bulgaria: US$132.9m
  32. Zambia: US$79.2m
  33. Philippines: US$66.4m
  34. Switzerland: US$53.5m
  35. Finland: US$50m
  36. Singapore: US$45.9m
  37. North Macedonia: US$43.5m
  38. Czechia: US$33.8m
  39. Algeria: US$31.3m
  40. Serbia: US$30.2m
  41. Ireland: US$21.7m
  42. Netherlands: US$21.3m
  43. United Kingdom: US$19.3m
  44. Hong Kong SAR China: US$19.2m
  45. Kuwait: US$18.3m
  46. Hungary: US$16.8m
  47. Slovenia: US$15.6m
  48. Jordan: US$14m
  49. Kazakhstan: US$12.6m
  50. Georgia: US$9.3m
  51. Saudi Arabia: US$7.9m
  52. Iraq: US$7.1m
  53. Senegal: US$7m
  54. South Africa: US$6.2m
  55. Slovakia: US$5.8m
  56. Denmark: US$5.6m
  57. Portugal: US$5.5m
  58. Croatia: US$5.5m
  59. Congo - Kinshasa: US$5.1m
  60. Angola: US$5.1m

Top exporters

RankCountryValueShare
1 Germany US$3.9bn 12.9%
2 United Arab Emirates US$2.5bn 8.1%
3 Belgium US$2.1bn 6.9%
4 Canada US$1.9bn 6.2%
5 Spain US$1.9bn 6.1%
6 Poland US$1.6bn 5.3%
7 United States US$1.6bn 5.2%
8 China US$1.5bn 4.9%
9 Türkiye US$1.2bn 3.9%
10 Thailand US$1.1bn 3.7%

Top importers

RankCountryValueShare
1 United States US$2.5bn 8.3%
2 Saudi Arabia US$2.2bn 7.2%
3 India US$1.6bn 5.3%
4 Italy US$1.5bn 5%
5 Morocco US$1.4bn 4.6%
6 Türkiye US$1.4bn 4.6%
7 Mexico US$1.2bn 4%
8 Vietnam US$949.9m 3.1%
9 Germany US$920.1m 3%
10 Czechia US$915m 3%

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$3.9bn in 2024 (12.9% of world exports).