2023
Exports
$955MWorld Rnk 15 / 111
Flag Rnk 32 / 1200
2023
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 994 / 1025
2023
Imports
$187MWorld Rnk 20 / 102
Flag Rnk 234 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $955M in Copper Ore, making it the 15th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 32nd most exported product in Russia. The main destination of Copper Ore exports from Russia are: China ($860M), Kazakhstan ($90.7M), Malaysia ($4.57M), and Netherlands ($44.5k).

The fastest growing export markets for Copper Ore of Russia between 2022 and 2023 were Malaysia ($4.57M) and Netherlands ($36k).

Imports In 2023, Russia imported $187M in Copper Ore, becoming the 20th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 234th most imported product in Russia. Russia imports Copper Ore primarily from: Kazakhstan ($182M), Armenia ($5.21M), Poland ($8.06k), Italy ($4.85k), and Uzbekistan ($480).

The fastest growing import markets in Copper Ore for Russia between 2022 and 2023 were Kazakhstan ($119M), Poland ($8.06k), and Italy ($4.85k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Copper Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$955M
IMPORTS (2023)$187M
NET TRADE (2023)$768M

In 2023, Russia exported $955M in Copper Ore. The main destinations of Russia exports on Copper Ore were China ($860M), Kazakhstan ($90.7M), Malaysia ($4.57M), and Netherlands ($44.5k).

In 2023, Russia imported $187M in Copper Ore, mainly from Kazakhstan ($182M), Armenia ($5.21M), Poland ($8.06k), Italy ($4.85k), and Uzbekistan ($480).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Malaysia$4.57M (1%)
Netherlands$36k (422%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Russia WERE (2022 - 2023):
China-$126M (-12.8%)
Kazakhstan-$30.4M (-25.1%)
Bulgaria-$8.27M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Russia's main importing competitors in Copper Ore were:

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $531M
TOP IMPORT POTENTIALKazakhstan+ $5.59M

Copper Ore’s highest export potential is China. With an export gap of $531M.   Copper Ore’s highest import potential is Kazakhstan with an import gap of $5.59M.

See methodology.

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