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2022
Exports $254MWorld Rnk 8 / 133
Flag Rnk 713 / 1216
2022
Destination $6.63M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $6.63MIndonesia
2022
PRODUCT COMPLEXITY IN Copper Bars0.25Rnk 470 / 1025
2022
Imports $514MWorld Rnk 4 / 205
Flag Rnk 339 / 1212
2022
Origin $4.49M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $4.49MVietnam
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $254M in Copper Bars, making it the 8th largest exporter of Copper Bars in the world. At the same year, Copper Bars was the 713th most exported product in China. The main destination of Copper Bars exports from China are: Chinese Taipei ($24.4M), Thailand ($23.9M), Germany ($21M), Netherlands ($16.3M), and Japan ($15.5M).

The fastest growing export markets for Copper Bars of China between 2021 and 2022 were Indonesia ($6.63M), Netherlands ($6.29M), and South Korea ($5.91M).

Imports In 2022, China imported $514M in Copper Bars, becoming the 4th largest importer of Copper Bars in the world. At the same year, Copper Bars was the 339th most imported product in China. China imports Copper Bars primarily from: South Korea ($96M), Japan ($90.5M), Chinese Taipei ($82.6M), Malaysia ($56.3M), and Indonesia ($54.3M).

The fastest growing import markets in Copper Bars for China between 2021 and 2022 were Vietnam ($4.49M), Indonesia ($3.84M), and United States ($2.97M).

COMPANIES In 2023, leading companies such as Cinmar (8) were at the forefront of shipping Copper Bars from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Copper Bars exports accounted up to $23M and imports accounted up to $31.9M, resulting in a negative trade balance of $8.9M. Between July 2023 and July 2024 the exports of China's   Copper Bars have increased by $3.41M (17.4%) from $19.6M to $23M, while imports increased by $8.29M (35.1%) from $23.6M to $31.9M.

Destinations In July 2024, Copper Bars were exported mostly to Chinese Taipei ($2.86M), Thailand ($2.33M), Vietnam ($2.14M), Italy ($1.58M), and Germany ($1.55M), and were imported mostly from South Korea ($9.95M), Japan ($5.91M), Germany ($3.87M), Vietnam ($2.52M), and Chinese Taipei ($2.2M).

Growth In July 2024, the increase in Copper Bars's year-by-year exports was explained primarily by an increase in exports to South Korea ($1.53M or 805%), Germany ($1.05M or 103%), and Netherlands ($1.04M or 92.8%). In July 2024, the increase in Copper Bars's year-by-year imports was explained primarily by an increase in imports from Malaysia ($1.03M or 53.3%), Germany ($759k or 64.7%), and France ($430k or 49%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$3.41M(17.4%)
IMPORT GROWTH (July 2023 - July 2024)$8.29M(35.1%)
MAIN EXPORTER (July 2024)Zhejiang Province$20.9M
MAIN DESTINATION (July 2024)Chinese Taipei$2.86M

This section shows Copper Bars'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 Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$254M
IMPORTS (2022)$514M
NET TRADE (2022)-$260M

In 2022, China exported $254M in Copper Bars. The main destinations of China exports on Copper Bars were Chinese Taipei ($24.4M), Thailand ($23.9M), Germany ($21M), Netherlands ($16.3M), and Japan ($15.5M).

In 2022, China imported $514M in Copper Bars, mainly from South Korea ($96M), Japan ($90.5M), Chinese Taipei ($82.6M), Malaysia ($56.3M), and Indonesia ($54.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Bars EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$6.63M (210%)
Netherlands$6.29M (62.6%)
South Korea$5.91M (296%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Bars BY China WERE (2021 - 2022):
Thailand-$3.86M (-13.9%)
Japan-$3.48M (-18.3%)
New Zealand-$3.23M (-26.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Copper Bars were:
Germany $1.22B
Italy $700M
France $496M
In 2022, China's main importing competitors in Copper Bars were:
Germany $763M
United States $609M
Italy $547M

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Trade Value of Copper Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $11.1M
TOP IMPORT POTENTIALGermany+ $15.1M

Copper Bars’s highest export potential is India. With an export gap of $11.1M.   Copper Bars’s highest import potential is Germany with an import gap of $15.1M.

See methodology.

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