Copper Ore in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $1.29B in Copper Ore, making it the 16th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 54th most exported product in Spain. The main destination of Copper Ore exports from Spain are: China ($1.2B), Sweden ($25.8M), Germany ($18.2M), Brazil ($15.7M), and Bulgaria ($15M).

The fastest growing export markets for Copper Ore of Spain between 2021 and 2022 were China ($297M), Brazil ($15.7M), and Bulgaria ($6.87M).

Imports In 2022, Spain imported $2.16B in Copper Ore, becoming the 6th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 35th most imported product in Spain. Spain imports Copper Ore primarily from: Chile ($412M), Indonesia ($362M), Serbia ($313M), United States ($220M), and Panama ($220M).

The fastest growing import markets in Copper Ore for Spain between 2021 and 2022 were Serbia ($198M), Indonesia ($74.7M), and Botswana ($15.2M).

Latest Trends

February 2024

About

Overview In February 2024 Spain's Copper Ore exports accounted up to €66.6M and imports accounted up to €102M, resulting in a negative trade balance of €35.1M. Between February 2023 and February 2024 the exports of Spain's Copper Ore have decreased by €-148k (-0.22%) from €66.7M to €66.6M, while imports decreased by €-75.4M (-42.6%) from €177M to €102M.

Destinations In February 2024, Copper Ore were exported mostly to China (€66.6M), Portugal (€636), Germany (€357), France (€339), and Netherlands (€50.6), and were imported mostly from Peru (€41.6M), Brazil (€40.3M), Portugal (€15.1M), Democratic Republic of the Congo (€3.12M), and Morocco (€1.45M).

Growth In February 2024, the decrease in Copper Ore's year-by-year exports was explained primarily by a decrease in exports to China (€-91.1M or -83.5%) and Portugal (€-68k or -89.2%). In February 2024, the decrease in Copper Ore's year-by-year imports was explained primarily by a decrease in imports from Chile (€-50.2M or -51.6%), Armenia (€-5.02M or -21.7%), and Italy (€-8.39k or -26.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-148k(-0.22%)

IMPORT GROWTH (February 2023 - February 2024)€-75.4M(-42.6%)

MAIN EXPORTER (February 2024)Huelva€95.4M

MAIN DESTINATION (February 2024)China€66.6M

This section shows Copper Ore's exports and imports data at subnational level for Spain. 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)$1.29B

IMPORTS (2022)$2.16B

NET TRADE (2022)-$869M

In 2022, Spain exported $1.29B in Copper Ore. The main destinations of Spain exports on Copper Ore were China ($1.2B), Sweden ($25.8M), Germany ($18.2M), Brazil ($15.7M), and Bulgaria ($15M).

In 2022, Spain imported $2.16B in Copper Ore, mainly from Chile ($412M), Indonesia ($362M), Serbia ($313M), United States ($220M), and Panama ($220M).

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