Heading · Section XV
7408: Copper wire
- 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$387m.
Duty rates compared
The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.
Subheadings 5
World trade in 2024
Trade value (US$) no reported trade < US$2.4mUS$2.4m+US$53.5m+US$852.7m+> US$1.9bn
Exports: 139
- Germany: US$3.9bn
- United Arab Emirates: US$2.5bn
- Belgium: US$2.1bn
- Canada: US$1.9bn
- Spain: US$1.9bn
- Poland: US$1.6bn
- United States: US$1.6bn
- China: US$1.5bn
- Türkiye: US$1.2bn
- Thailand: US$1.1bn
- Egypt: US$961.6m
- Italy: US$957.3m
- Malaysia: US$885.3m
- Indonesia: US$852.7m
- France: US$838.1m
- Russia: US$792.6m
- Uzbekistan: US$782.5m
- India: US$575.9m
- South Korea: US$558m
- Peru: US$500.8m
- Japan: US$451.4m
- Sweden: US$440.1m
- Taiwan: US$421.7m
- Chile: US$374.8m
- Mexico: US$194.7m
- Austria: US$193.5m
- Iran: US$168.6m
- Brazil: US$160.3m
- Vietnam: US$159.7m
- Greece: US$139.3m
- Bulgaria: US$132.9m
- Zambia: US$79.2m
- Philippines: US$66.4m
- Switzerland: US$53.5m
- Finland: US$50m
- Singapore: US$45.9m
- North Macedonia: US$43.5m
- Czechia: US$33.8m
- Algeria: US$31.3m
- Serbia: US$30.2m
- Ireland: US$21.7m
- Netherlands: US$21.3m
- United Kingdom: US$19.3m
- Hong Kong SAR China: US$19.2m
- Kuwait: US$18.3m
- Hungary: US$16.8m
- Slovenia: US$15.6m
- Jordan: US$14m
- Kazakhstan: US$12.6m
- Georgia: US$9.3m
- Saudi Arabia: US$7.9m
- Iraq: US$7.1m
- Senegal: US$7m
- South Africa: US$6.2m
- Slovakia: US$5.8m
- Denmark: US$5.6m
- Portugal: US$5.5m
- Croatia: US$5.5m
- Congo - Kinshasa: US$5.1m
- Angola: US$5.1m
Trade value (US$) no reported trade < US$5.8mUS$5.8m+US$81.6m+US$485.6m+> US$1.2bn
Imports: 205
- United States: US$2.5bn
- Saudi Arabia: US$2.2bn
- India: US$1.6bn
- Italy: US$1.5bn
- Morocco: US$1.4bn
- Türkiye: US$1.4bn
- Mexico: US$1.2bn
- Vietnam: US$949.9m
- Germany: US$920.1m
- Czechia: US$915m
- China: US$911.7m
- Philippines: US$829.7m
- Hungary: US$801.6m
- France: US$713.5m
- Romania: US$664.5m
- Egypt: US$641.5m
- Poland: US$582.6m
- Austria: US$508.5m
- South Africa: US$493.1m
- Portugal: US$489.3m
- Spain: US$485.6m
- Qatar: US$408.5m
- Canada: US$402.6m
- Switzerland: US$397.6m
- United Kingdom: US$387m
- Thailand: US$379.6m
- Netherlands: US$366.2m
- Malaysia: US$304.5m
- Colombia: US$290.4m
- Bosnia & Herzegovina: US$286.7m
- Tunisia: US$284.5m
- Australia: US$274.9m
- Serbia: US$272.1m
- Belgium: US$254.1m
- Finland: US$248.6m
- Slovakia: US$238.9m
- Singapore: US$232.4m
- Bulgaria: US$219.5m
- Argentina: US$205m
- South Korea: US$184.3m
- Honduras: US$178.4m
- Indonesia: US$169.7m
- Croatia: US$156.4m
- Israel: US$155.7m
- Costa Rica: US$149.8m
- Japan: US$121.2m
- Sweden: US$108.1m
- Taiwan: US$91.6m
- Brazil: US$91.5m
- Cambodia: US$85.3m
- Kuwait: US$81.6m
- Hong Kong SAR China: US$80.4m
- Norway: US$77.8m
- Algeria: US$77.3m
- Slovenia: US$73.2m
- Sri Lanka: US$66.3m
- Ecuador: US$62.3m
- Lebanon: US$61.2m
- Greece: US$59.2m
- Kenya: US$57.9m
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | US$3.9bn | 12.9% | |
| 2 | US$2.5bn | 8.1% | |
| 3 | US$2.1bn | 6.9% | |
| 4 | US$1.9bn | 6.2% | |
| 5 | US$1.9bn | 6.1% | |
| 6 | US$1.6bn | 5.3% | |
| 7 | US$1.6bn | 5.2% | |
| 8 | US$1.5bn | 4.9% | |
| 9 | US$1.2bn | 3.9% | |
| 10 | US$1.1bn | 3.7% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | US$2.5bn | 8.3% | |
| 2 | US$2.2bn | 7.2% | |
| 3 | US$1.6bn | 5.3% | |
| 4 | US$1.5bn | 5% | |
| 5 | US$1.4bn | 4.6% | |
| 6 | US$1.4bn | 4.6% | |
| 7 | US$1.2bn | 4% | |
| 8 | US$949.9m | 3.1% | |
| 9 | US$920.1m | 3% | |
| 10 | 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).