HS 740311 Base Metal / Industrial Raw Material Active US trade measures

HS 740311 — Copper Cathodes

Refined copper cathodes represent an $81.7B global trade flow dominated by the Democratic Republic of Congo (23.4%) and Chile (20.3%), with China absorbing the vast majority of supply — including $13.7B from DRC and $4.5B from Chile alone — reflecting its central role as the world's largest copper consumer. The US ($5.9B from Chile) and Brazil ($2.1B from Chile) are significant non-Chinese import corridors, while Japan's re-export role ($5.3B, largely to China and India) highlights the importance of refining hubs in trade flows. Supply concentration risk is high given geopolitical exposure in DRC and sanctions-related uncertainty around Russian exports ($3.1B, heavily China-directed), making origin tracking and diversification critical for industrial buyers.

2024
Trade year
119 countries
Importing markets
81 countries
Exporting markets
$81.7B
Global trade
Chile
Top exporter
5% BCD
India BCD

What is HS Code 740311?

HS Code 740311 covers Copper Cathodes under the Harmonized System. It is used for customs declarations, import duty assessment, trade statistics, export documentation, and sourcing analysis.

Products classified under HS 740311 are used across Electronics, Construction, Automotive, Power Infrastructure, Renewable Energy. Demand is driven by Energy transition investment, EV manufacturing growth, Grid infrastructure expansion, Industrial production output.

Why HS 740311 Matters in Global Trade

Major exporting countries include Chile, Japan, Russia, Australia, Poland based on recent international trade reporting.

Demand is linked to Energy transition investment, EV manufacturing growth, Grid infrastructure expansion, Industrial production output. Input costs are influenced by Copper ore and concentrates.

Import Duty for HS 740311 — US, EU, India

Active US trade measures:

Verify final rates with HTSUS, TARIC, CBIC India, and a licensed customs broker.

Import HS 740311 into the United States

US importers of Copper Cathodes must classify at the HTS10 level. Additional measures such as Section 232, Section 301, ADD/CVD, or Chapter 99 provisions may apply depending on the exact classification and origin.

Import HS 740311 into the European Union

EU importers classify Copper Cathodes at TARIC10 level. Preferential treatment may apply where rules of origin are satisfied under EU trade agreements. Intra-EU trade is duty-free.

Import HS 740311 into India

India assesses Copper Cathodes at the HS8 level under the CBIC Customs Tariff. The applicable duty framework is: BCD 5% + SWS 0.50% + IGST 18% = 24.52% effective gross rate. IGST is generally recoverable for registered B2B importers via GST filing.

Major Exporting Countries — HS 740311

Based on recent international trade data, the leading exporting countries for Copper Cathodes are:

Largest Recorded Trade Corridors — HS 740311

Largest corridors (2024)

Trade pattern insight

These corridors show where trade activity is concentrated. Buyers use this signal to identify supplier depth, established logistics lanes, and alternative sourcing markets.

HS 740311 Trade Snapshot

HS Code740311
ProductCopper Cathodes
Chapter74 — Base Metal / Industrial Raw Material
Major exporting countriesChile, Japan, Russia, Australia, Poland
Primary industriesElectronics, Construction, Automotive, Power Infrastructure, Renewable Energy
Trade year2024
US duty framework1% MFN
EU duty frameworkTARIC10 classification dependent
India BCD5% BCD

HS 740311 Sourcing Intelligence

Logitality sourcing intelligence for HS 740311 combines global trade corridors, tariff data, commodity cost signals, FX movement, and supplier-country analysis to compare origins by estimated landed cost.

Compare supplier countries for HS 740311 by full duty stack and landed cost.

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Related Sourcing Guide

Read the detailed sourcing guide for HS 740311 Copper Cathodes, including supplier-country analysis, trade-flow context, and procurement considerations.

HS Code 740311 Copper Cathodes: Global Trade Flows, Sourcing Strategy & Price Outlook 2025 →

Frequently Asked Questions — HS 740311

What products fall under HS Code 740311?

HS Code 740311 covers Copper Cathodes and is used for customs declarations, trade statistics, import duty assessment, and sourcing analysis.

What is the import duty for HS 740311?

Duty varies by destination and classification. US: 1% MFN. EU: TARIC10 classification dependent. India: 5% BCD.

Which countries export HS 740311?

Major exporting countries include Chile, Japan, Russia, Australia, Poland, based on recent trade reporting.

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