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2022
Exports $1.29BWorld Rnk 16 / 110
Flag Rnk 54 / 1214
2022
Destination $297M China
2021 - 2022
FASTEST GROWING MARKET $297MChina
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $2.16BWorld Rnk 6 / 117
Flag Rnk 35 / 1214
2022
Origin $198M Chile
2021 - 2022
FASTEST GROWING ORIGIN $198MSerbia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

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

September 2024

About

Overview In September 2024 Spain's Copper Ore exports accounted up to €8.54M and imports accounted up to €130M, resulting in a negative trade balance of €122M. Between September 2023 and September 2024 the exports of Spain's   Copper Ore have decreased by €-116M (-93.2%) from €125M to €8.54M, while imports increased by €41.3M (46.4%) from €89M to €130M.

Destinations In September 2024, Copper Ore were exported mostly to Finland (€8.54M), Portugal (€638), France (€193), and Italy (€81.3), and were imported mostly from Indonesia (€65.2M), Brazil (€24.8M), Chile (€20.6M), Portugal (€15.9M), and Morocco (€3.67M).

Growth In September 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 September 2024, the increase in Copper Ore's year-by-year imports was explained primarily by an increase in imports from Peru (€1.32M or 2.86%) and Germany (€547 or 14.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-116M(-93.2%)
IMPORT GROWTH (September 2023 - September 2024)€41.3M(46.4%)
MAIN EXPORTER (September 2024)Huelva€160M
MAIN DESTINATION (September 2024)Finland€8.54M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Spain WERE (2021 - 2022):
China$297M (32.8%)
Brazil$15.7M (2.9M%)
Bulgaria$6.87M (84.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Spain WERE (2021 - 2022):
Finland-$75.6M (-83.7%)
Germany-$27.9M (-60.6%)
Sweden-$14.9M (-36.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Spain's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $18.6M
TOP IMPORT POTENTIALPeru+ $53.8M

Copper Ore’s highest export potential is Germany. With an export gap of $18.6M.   Copper Ore’s highest import potential is Peru with an import gap of $53.8M.

See methodology.

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