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2023
Exports $889MWorld Rnk 17 / 111
Flag Rnk 91 / 1215
2023
Destination $11.9M China
2022 - 2023
FASTEST GROWING MARKET $11.9MFinland
2023
PRODUCT COMPLEXITY IN Copper Ore-1.95Rnk 994 / 1025
2023
Imports $2.52BWorld Rnk 7 / 102
Flag Rnk 25 / 1214
2023
Origin $368M Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $368MIndonesia
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $889M in Copper Ore, making it the 17th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 91st most exported product in Spain. The main destination of Copper Ore exports from Spain are: China ($819M), Finland ($27.9M), Sweden ($20.8M), Brazil ($11.9M), and Portugal ($9.02M).

The fastest growing export markets for Copper Ore of Spain between 2022 and 2023 were Finland ($11.9M), Brazil ($7.11M), and Sweden ($6.49M).

Imports In 2023, Spain imported $2.52B in Copper Ore, becoming the 7th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 25th most imported product in Spain. Spain imports Copper Ore primarily from: Indonesia ($699M), Peru ($537M), Chile ($361M), Brazil ($220M), and Panama ($201M).

The fastest growing import markets in Copper Ore for Spain between 2022 and 2023 were Indonesia ($368M), Peru ($336M), and Democratic Republic of the Congo ($64.1M).

Latest Trends

December 2024

About

Overview In December 2024 Spain's Copper Ore exports accounted up to €30.3M and imports accounted up to €247M, resulting in a negative trade balance of €217M. Between December 2023 and December 2024 the exports of Spain's   Copper Ore have decreased by €-74.6M (-71.1%) from €105M to €30.3M, while imports increased by €156M (172%) from €90.8M to €247M.

Destinations In December 2024, Copper Ore were exported mostly to Serbia (€16.1M), China (€14.2M), Portugal (€216), France (€140), and Belgium (€107), and were imported mostly from Indonesia (€104M), Peru (€88M), Brazil (€23.8M), Mexico (€19.8M), and Portugal (€10.8M).

Growth In December 2024, the decrease in Copper Ore's year-by-year exports was explained primarily by a decrease in exports to Portugal (€-7.53k or -91.4%). In December 2024, the increase in Copper Ore's year-by-year imports was explained primarily by an increase in imports from Peru (€25M or 52.6%), Chile (€17.9M or 38.1%), and Democratic Republic of the Congo (€1.74M or 39.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€-74.6M(-71.1%)
IMPORT GROWTH (December 2023 - December 2024)€156M(172%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Serbia€16.1M

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 (2023)$889M
IMPORTS (2023)$2.52B
NET TRADE (2023)-$1.63B

In 2023, Spain exported $889M in Copper Ore. The main destinations of Spain exports on Copper Ore were China ($819M), Finland ($27.9M), Sweden ($20.8M), Brazil ($11.9M), and Portugal ($9.02M).

In 2023, Spain imported $2.52B in Copper Ore, mainly from Indonesia ($699M), Peru ($537M), Chile ($361M), Brazil ($220M), and Panama ($201M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Finland$11.9M (74.2%)
Brazil$7.11M (148%)
Sweden$6.49M (45.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Spain WERE (2022 - 2023):
China-$359M (-30.5%)
Germany-$17.3M (-99.9%)
Bulgaria-$16.2M (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
Indonesia $8.55B
In 2023, Spain's main importing competitors in Copper Ore were:
China $57.3B
Japan $11B
South Korea $4.95B

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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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