Copper Ore in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $11.1M in Copper Ore, making it the 56th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 1087th most exported product in China. The main destination of Copper Ore exports from China are: Malaysia ($6.03M), Singapore ($3.51M), Papua New Guinea ($699k), Cambodia ($304k), and Italy ($208k).

The fastest growing export markets for Copper Ore of China between 2021 and 2022 were Malaysia ($5.74M), Singapore ($3.51M), and Papua New Guinea ($699k).

Imports In 2022, China imported $50.5B in Copper Ore, becoming the 1st largest importer of Copper Ore in the world. At the same year, Copper Ore was the 7th most imported product in China. China imports Copper Ore primarily from: Chile ($15.6B), Peru ($10.3B), Mexico ($2.9B), Mongolia ($2.73B), and Kazakhstan ($2.04B).

The fastest growing import markets in Copper Ore for China between 2021 and 2022 were Indonesia ($794M), Democratic Republic of the Congo ($757M), and Kazakhstan ($591M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Copper Ore from China to the United States.

Latest Trends

January 2024

About

Overview In January 2024 China's Copper Ore exports accounted up to $39 and imports accounted up to $4.82B, resulting in a negative trade balance of $4.82B. Between January 2023 and January 2024 the exports of China's Copper Ore have decreased by $-281 (-87.8%) from $320 to $39, while imports decreased by $-105M (-2.13%) from $4.93B to $4.82B.

Destinations In January 2024, Copper Ore were exported mostly to , and were imported mostly from Chile ($1.46B), Peru ($1.4B), Indonesia ($221M), Mongolia ($205M), and Kazakhstan ($194M).

Growth In January 2024, the decrease in Copper Ore's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the decrease in Copper Ore's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-208M or -73.9%), Chile ($-182M or -10.5%), and Peru ($-140M or -9.83%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-281(-87.8%)

IMPORT GROWTH (February 2023 - February 2024)$-105M(-2.13%)

MAIN EXPORTER (January 2024)Guangdong Province$39

MAIN DESTINATION (January 2024)

This section shows Copper Ore's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Copper Ore over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$11.1M

IMPORTS (2022)$50.5B

NET TRADE (2022)-$50.5B

In 2022, China exported $11.1M in Copper Ore. The main destinations of China exports on Copper Ore were Malaysia ($6.03M), Singapore ($3.51M), Papua New Guinea ($699k), Cambodia ($304k), and Italy ($208k).

In 2022, China imported $50.5B in Copper Ore, mainly from Chile ($15.6B), Peru ($10.3B), Mexico ($2.9B), Mongolia ($2.73B), and Kazakhstan ($2.04B).

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