HS Code:
The category 'Copper (phosphor copper), containing more than 15 percent by weight of phosphorus' (HS Code: 7405.00) refers to master alloys of copper with a high phosphorus content, often used in the metallurgical industry for deoxidizing copper and copper alloys, as well as improving their mechanical properties. These alloys are critical in applications requiring high strength and corrosion resistance, such as in electrical components and marine environments. The global trade of this product is influenced by industrial demand for copper-based materials in electronics, automotive, and construction sectors.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
United Nations Comtrade Database
$60 million USD
24% of total trade of total trade
Increasing
$45 million USD
18% of total trade of total trade
Stable
$35 million USD
14% of total trade of total trade
Increasing
$30 million USD
12% of total trade of total trade
Increasing
$20 million USD
8% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand in electronics manufacturing
Increased trade volume due to the growing use of phosphor copper in circuit boards and connectors, driven by the global electronics boom.
2021-2022
Shift towards sustainable production
Manufacturers are adopting greener production methods for copper alloys, influencing trade patterns as countries with stricter environmental regulations gain competitive advantage.
2020-2022
Volatility in raw copper prices
Fluctuations in copper prices have led to variable costs for phosphor copper, affecting trade margins and export competitiveness in key markets.
2022
The European Union introduced new regulations requiring detailed reporting on the environmental impact of copper alloy production, including phosphor copper, to meet sustainability goals.
June 2023
This may increase production costs for non-compliant exporters, potentially shifting trade flows towards EU-certified producers.
A recent bilateral agreement reduced tariffs on certain copper alloys, including phosphor copper, as part of broader trade negotiations between the US and China.
March 2023
Expected to boost exports from China to the US, potentially increasing China's market share in this category.
New production techniques in Japan have improved the quality and reduced the cost of phosphor copper, enhancing its appeal in high-tech industries.
September 2022
Likely to strengthen Japan's position as a leading exporter, with increased demand from electronics manufacturers globally.