Scrap Copper in   United States

Overview In January 2024 United States' Scrap Copper exports accounted up to $405M and imports accounted up to $57.8M, resulting in a positive trade balance of $348M. Between January 2023 and January 2024 the exports of United States'   Scrap Copper have increased by $27.6M (7.32%) from $378M to $405M, while imports decreased by $-882k (-1.5%) from $58.6M to $57.8M.

Destinations In January 2024, Scrap Copper were exported mostly to China ($237M), Canada ($40.3M), Belgium ($19.2M), Malaysia ($17.4M), and Hong Kong ($15.8M), and were imported mostly from Canada ($27.1M), Mexico ($24.7M), Costa Rica ($1.35M), Panama ($1.18M), and Dominican Republic ($737k).

Growth In January 2024, the increase in Scrap Copper's year-by-year exports was explained primarily by an increase in exports to Poland ($7.75M or 109%), Canada ($5.53M or 11.5%), and Germany ($4.36M or 45.5%). In January 2024, the decrease in Scrap Copper's year-by-year imports was explained primarily by a decrease in imports from Dominican Republic ($-2.27M or -77%), Canada ($-1.36M or -4.56%), and Costa Rica ($-284k or -30.8%).