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Official data Source: US Census Bureau international trade data Data through August 2026 · updated monthly

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HS 7403.11

Refined copper cathodes and sections of cathodes

In short

  • The US imported $21.78B of this product over the 12 months to August 2026, up 47% on the year before.
  • Chile is the largest supplier, with 35.6% of US imports; Democratic Republic of the Congo is next, with 26.9%.
  • Democratic Republic of the Congo is the cheapest main supplier before and after freight and duty, landing at $13.58/kg.
  • Duty paid averaged 0.1% of the value of imports in August 2026, up 0.1 points on a year earlier.
  • Democratic Republic of the Congo is gaining share: 13.9% over the last 12 months, up from 11.7%.
  • 2 Federal Register notices named this product's tariff codes in the last 12 months.

US imports, Aug 2026

$2.76B

↑ +130% vs Aug 2025

Last 12 months

$21.78B

↑ +47% vs the 12 months before

Average duty paid

0.1%

↑ +0.1 pts vs Aug 2025

Top supplier

Chile

35.6% of US imports

US imports by month

The last 13 months, so the same month a year ago is on the left. August 2026 is highlighted.

Aug2025SepOctNovDecJan2026FebMarAprMayJunJulAug
Show the numbers
MonthUS imports
August 2025$1.20B
September 2025$1.02B
October 2025$979.5M
November 2025$623.4M
December 2025$2.13B
January 2026$2.37B
February 2026$2.32B
March 2026$1.96B
April 2026$1.57B
May 2026$1.35B
June 2026$1.66B
July 2026$3.04B
August 2026$2.76B

What changed

  • US imports were $2.76B in August 2026, down 9.1% from July 2026 and up 130% from August 2025.
  • Over the 12 months to August 2026 they totalled $21.78B, up 47% on the 12 months before.
  • Biggest moves in market share since July 2026: Canada up from 6.3% to 10.0%, Chile down from 46.8% to 35.6%.
  • Average prices from the top 3 suppliers stayed within 5% of July 2026.
  • Duty paid by the main suppliers held within 2 points of July 2026.

US trade by year

US imports were $21.78B in the 12 months to Aug 2026, up 400% on the 12 months to Aug 2017. US exports were $1.83B, up 359%.

2017201820192020202120222023202420252026
Show the numbers
PeriodUS imports
12 months to Aug 2017$4.36B
12 months to Aug 2018$5.46B
12 months to Aug 2019$3.86B
12 months to Aug 2020$4.05B
12 months to Aug 2021$6.76B
12 months to Aug 2022$8.24B
12 months to Aug 2023$6.64B
12 months to Aug 2024$6.67B
12 months to Aug 2025$14.82B
12 months to Aug 2026$21.78B
  • Chile
  • Democratic Republic of the Congo
  • Canada
  • Peru
  • All countries
Share of US imports
Show the numbers
PeriodChileDemocratic Republic of the CongoCanadaPeru
12 months to Aug 201759.3%1.9%25.1%2.7%
12 months to Aug 201860.8%0.5%24.6%2.5%
12 months to Aug 201962.7%0.0%21.8%2.5%
12 months to Aug 202060.9%0.0%22.4%2.3%
12 months to Aug 202167.5%2.1%17.5%2.8%
12 months to Aug 202266.2%2.0%13.6%5.2%
12 months to Aug 202368.6%1.6%16.5%9.8%
12 months to Aug 202469.0%1.8%18.8%8.6%
12 months to Aug 202559.4%11.7%9.8%4.8%
12 months to Aug 202647.2%13.9%11.5%6.8%
Duty paid, % of value
Show the numbers
PeriodChileDemocratic Republic of the CongoCanadaPeruAll countries
12 months to Aug 20170.0%0.0%0.0%0.1%0.0%
12 months to Aug 20180.0%0.0%0.0%0.0%0.0%
12 months to Aug 20190.0%n/a0.0%0.0%0.0%
12 months to Aug 20200.0%0.0%0.0%0.0%0.0%
12 months to Aug 20210.0%0.0%0.0%0.0%0.0%
12 months to Aug 20220.0%0.0%0.0%0.0%0.0%
12 months to Aug 20230.0%0.2%0.0%0.0%0.0%
12 months to Aug 20240.0%0.0%0.0%0.0%0.0%
12 months to Aug 20250.0%0.1%0.0%0.1%0.1%
12 months to Aug 20260.0%0.0%0.0%0.0%0.1%
PeriodUS importsDuty paidUS exports
12 months to Aug 2026$21.78B+47%0.1%0.0 pts$1.83B+3.8%
12 months to Aug 2025$14.82B+122%0.1%+0.1 pts$1.76B+13%
12 months to Aug 2024$6.67B+0.4%0.0%0.0 pts$1.55B+28%
12 months to Aug 2023$6.64B−19%0.0%0.0 pts$1.21B+66%
12 months to Aug 2022$8.24B+22%0.0%0.0 pts$727.3M−50%
12 months to Aug 2021$6.76B+67%0.0%0.0 pts$1.46B+158%
12 months to Aug 2020$4.05B+4.9%0.0%0.0 pts$565.1M−39%
12 months to Aug 2019$3.86B−29%0.0%0.0 pts$923.7M+90%
12 months to Aug 2018$5.46B+25%0.0%0.0 pts$487.1M+22%
12 months to Aug 2017$4.36B0.0%$397.8M

Who supplies the US

August 2026. Small figures under each value are the change from August 2025. Landed cost by origin, below, adds freight and duty to the price.

CountryUS importsShareAverage priceDuty paidLast 13 months
Chile$981.9M35.6%−8.9 pts$14.00/kg+33%0.0%0.0 pts
Democratic Republic of the Congo$742.0M26.9%+1.6 pts$13.73/kg+40%0.0%0.0 pts
Canada$275.5M10.0%−3.4 pts$13.86/kg+27%0.0%0.0 pts
Zambia$155.4M5.6%+0.3 pts$13.82/kg+43%0.2%+0.2 pts
Peru$135.2M4.9%+3.7 pts$13.92/kg+38%0.0%0.0 pts
Korea, South$110.8M4.0%+0.3 pts$14.31/kg+40%0.1%+0.1 pts
Bulgaria$74.9M2.7%+1.7 pts$13.64/kg+13%1.0%+1.0 pts
Belgium$69.1M2.5%new$13.84/kg1.0%
Other countries (10)$215.2M7.8%+2.7 pts$14.23/kg+41%0.7%+0.7 pts
All countries$2.76B100.0%$13.92/kg+35%0.1%+0.1 pts

The 3 largest suppliers had 72.6% of US imports over the last 12 months.

Landed cost by origin

What importers paid to land this product at a US port from each main supplier, June–August 2026: the price, freight and insurance to the first US port, and duty, per unit. Suppliers with 3% or more of these imports, cheapest landed first. Small figures under landed cost are the change from the same months a year earlier.

  • Price
  • Freight and insurance
  • Duty
CountryPriceFreight and insuranceDutyLanded costMake-up
Democratic Republic of the Congo$13.50/kg$0.07/kg0.5% of price$0.00/kg0.0% of price$13.58/kg+41%
Zambia$13.55/kg$0.06/kg0.4% of price$0.01/kg0.1% of price$13.63/kg+38%
Peru$13.64/kg$0.10/kg0.7% of price$0.00/kg0.0% of price$13.75/kg+32%
Chile$13.77/kg$0.09/kg0.7% of price$0.00/kg0.0% of price$13.86/kg+32%
Canada$13.86/kg$0.02/kg0.1% of price$0.00/kg0.0% of price$13.87/kg+30%
Korea, South$13.87/kg$0.09/kg0.7% of price$0.00/kg0.0% of price$13.97/kg+35%
All countries$13.66/kg$0.08/kg0.6% of price$0.01/kg0.1% of price$13.75/kg+34%

Landed at a US port, Democratic Republic of the Congo was cheapest, at $13.58/kg: 0.4% below Zambia.

Landed cost from Democratic Republic of the Congo rose 41% on a year earlier, to $13.58/kg, mostly on price: $9.54/kg then, $13.50/kg now.

How the market is shifting

Democratic Republic of the Congo gained the most share: 13.9% of US imports over the last 12 months, up from 11.7% in the 12 months before. Chile lost the most: 47.2%, down from 59.4%. The charts show September 2024 to August 2026 for the 4 largest suppliers over the last 12 months.

  • Chile
  • Democratic Republic of the Congo
  • Canada
  • Peru
  • All countries
Share of US imports
Show the numbers
MonthChileDemocratic Republic of the CongoCanadaPeru
September 202480.5%6.4%4.5%5.7%
October 202468.9%3.3%15.5%6.0%
November 202468.1%4.9%20.5%6.4%
December 202465.3%6.4%16.2%4.5%
January 202562.6%3.2%20.5%9.0%
February 202570.8%4.4%12.8%7.2%
March 202561.0%7.0%10.1%4.3%
April 202575.1%5.2%7.5%5.2%
May 202545.5%17.3%6.1%6.7%
June 202551.2%22.1%6.0%3.8%
July 202550.6%12.3%8.0%2.9%
August 202544.4%25.2%13.4%1.2%
September 202544.5%8.2%21.2%5.3%
October 202572.6%0.5%21.5%4.5%
November 202540.4%0.0%37.7%6.1%
December 202544.4%6.6%9.9%9.7%
January 202635.8%12.7%9.6%10.1%
February 202642.7%18.2%8.9%7.6%
March 202649.6%20.6%9.8%5.3%
April 202652.5%7.4%14.2%8.1%
May 202662.3%0.9%12.4%10.2%
June 202662.2%5.6%9.4%2.7%
July 202646.8%23.3%6.3%5.7%
August 202635.6%26.9%10.0%4.9%
Duty paid, % of value
Show the numbers
MonthChileDemocratic Republic of the CongoCanadaPeruAll countries
September 20240.0%0.1%0.0%0.0%0.0%
October 20240.0%0.0%0.0%0.0%0.0%
November 20240.0%0.0%0.0%0.0%0.0%
December 20240.0%0.0%0.0%0.0%0.0%
January 20250.0%0.0%0.0%0.0%0.0%
February 20250.0%0.0%0.0%0.0%0.0%
March 20250.0%0.3%0.0%0.3%0.2%
April 20250.0%0.3%0.0%0.1%0.1%
May 20250.0%0.0%0.0%0.2%0.2%
June 20250.0%0.0%0.0%0.2%0.1%
July 20250.0%0.0%0.0%0.0%0.0%
August 20250.0%0.0%0.0%0.0%0.0%
September 20250.0%0.0%0.0%0.0%0.0%
October 20250.0%0.0%0.0%0.0%0.0%
November 20250.0%n/a0.0%0.0%0.0%
December 20250.0%0.0%0.0%0.0%0.0%
January 20260.0%0.0%0.0%0.0%0.0%
February 20260.0%0.0%0.0%0.0%0.0%
March 20260.0%0.0%0.0%0.0%0.0%
April 20260.0%0.0%0.0%0.0%0.2%
May 20260.0%0.0%0.0%0.0%0.1%
June 20260.0%0.0%0.0%0.0%0.1%
July 20260.0%0.0%0.0%0.0%0.0%
August 20260.0%0.0%0.0%0.0%0.1%

Tariff actions touching this product

Federal Register notices from the last 12 months that list this product's tariff codes. A notice can add a duty, exclude products from one or only mention them, so read each for what it changes. Search the Federal Register for 7403.11

Where it enters the US

Main ports of entry over the 12 months to August 2026: US imports and share.

  1. New Orleans, LA$9.15B · 42.0%
  2. Panama City, FL$5.41B · 24.8%
  3. Baltimore, MD$1.93B · 8.8%
  4. Port Huron, MI$1.04B · 4.8%
  5. Houston, TX$608.3M · 2.8%

Where US exports go

US exports were $146.3M in August 2026, down 23% from August 2025, and $1.83B over the last 12 months, up 3.8% on the 12 months before.

MarketLast 12 monthsSharevs 12 months before
Mexico$1.51B82.6%+1.4%
Canada$223.5M12.2%−7.5%
Greece$27.0M1.5%new
Singapore$16.1M0.9%+178%
Brazil$13.8M0.8%+8.6%
Egypt$12.5M0.7%new
China$11.3M0.6%+734%
India$4.8M0.3%new
Other countries (17)$9.1M0.5%−17%
All countries$1.83B100.0%+3.8%

Markets abroad

Each country's own import figures for this product, from UN Comtrade: the 8 biggest importers outside the US in the latest year each has reported, what they bought from the US, and the change from the year before. Values usually include freight and insurance to the importer's border, so they run a little above US export figures. Countries report a year or more late; 83 have reported 2025 so far.

MarketImportsvs year beforeFrom the USUS share
China$33.34Bin 2025−5.2%$00.0%
Taiwan$4.82Bin 2024+53%$00.0%
Germany$4.73Bin 2025+25%$28K0.0%
Italy$4.69Bin 2025−4.2%$26K0.0%
Turkey$4.54Bin 2025+36%$400.0%
Thailand$3.47Bin 2025+12%$19K0.0%
Malaysia$2.64Bin 2025+19%$11K0.0%
Brazil$2.48Bin 2025−4.3%$58K0.0%

The biggest market outside the US is China, which imported $33.34B of this product in 2025, none of it from the US.

Of these, imports into Taiwan grew fastest: up 53% from 2023 to 2024.

Other products under heading 7403: refined copper and copper alloys (other than master alloys of heading 7405), unwrought. US trade over the 12 months to August 2026.

ProductUS importsUS exports
Refined copper, unwrought, not elsewhere specifiedHS 7403.19$60.7M$150.6M
Copper-zinc base alloys (brass), unwroughtHS 7403.21$141.3M$51.3M
Copper alloys, unwrought, not elsewhere specifiedHS 7403.29$20.0M$54.1M
Refined copper billets, unwroughtHS 7403.13$33.3M$2.6M
Copper-tin base alloys (bronze), unwroughtHS 7403.22$8.3M$25.2M
Refined copper wire bars, unwroughtHS 7403.12$63K$2.0M
About these figures
  • Source: US Census Bureau international trade data, not seasonally adjusted, in US dollars. Retrieved November 3, 2026.
  • US imports are general imports at customs value, which excludes freight and insurance. Exports are at free-alongside-ship value.
  • Average price is customs value divided by quantity (kilograms), across all of the product's 10-digit lines.
  • Duty paid is the duty Census calculates on each country's imports for consumption, as a share of their value. It moves with tariff changes, exemptions and the mix of goods within the product.
  • Landed cost adds Census's import charges (freight, insurance and other costs of bringing the goods to the first US port) and calculated duty to the customs value, per unit, across the product's 10-digit lines. It leaves out antidumping and countervailing duties, customs fees and transport inland. Prices are averages across the goods within the code, so a lower one can mean cheaper goods, not the same goods for less.
  • Markets abroad are each country's imports as it reports them to UN Comtrade, in US dollars, usually including freight and insurance. Countries report a year or more late and in their own edition of the HS codes, so one still on an older edition is missing for codes that changed in 2022.
  • Tariff notices are from the Federal Register, matched to this product by the HTS numbers in their text.
  • Census revises recent months, so figures can change slightly. These are estimates for research and planning, not customs or legal advice.

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