Copper Ore in Saudi Arabia | The Observatory of Economic Complexity

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Exports In 2023, Saudi Arabia exported $644M in Copper Ore, making it the 19th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 24th most exported product in Saudi Arabia. The main destination of Copper Ore exports from Saudi Arabia are: China ($569M), Japan ($54M), Malaysia ($15.1M), Mexico ($5.32M), and Oman ($2.74k).

The fastest growing export markets for Copper Ore of Saudi Arabia between 2022 and 2023 were China ($47.7M), Japan ($8.03M), and Mexico ($5.32M).

Imports In 2023, Saudi Arabia imported $724k in Copper Ore, becoming the 49th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1073rd most imported product in Saudi Arabia. Saudi Arabia imports Copper Ore primarily from: United Arab Emirates ($309k), Japan ($289k), United States ($121k), and United Kingdom ($5.59k).

The fastest growing import markets in Copper Ore for Saudi Arabia between 2022 and 2023 were United Kingdom ($5.59k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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

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Trade Value

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Year

EXPORTS (2023)$644M

IMPORTS (2023)$724k

NET TRADE (2023)$643M

In 2023, Saudi Arabia exported $644M in Copper Ore. The main destinations of Saudi Arabia exports on Copper Ore were China ($569M), Japan ($54M), Malaysia ($15.1M), Mexico ($5.32M), and Oman ($2.74k).

In 2023, Saudi Arabia imported $724k in Copper Ore, mainly from United Arab Emirates ($309k), Japan ($289k), United States ($121k), and United Kingdom ($5.59k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):

China$47.7M (9.15%)

Japan$8.03M (17.5%)

Mexico$5.32M (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Saudi Arabia WERE (2022 - 2023):

Switzerland-$54.6M (-100%)

Malaysia-$53.4M (-78%)

South Korea-$1.73M (-100%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Saudi Arabia's main exporting competitors in Copper Ore were:

Chile $24.2B

Peru $19.9B

Indonesia $8.55B

In 2023, Saudi Arabia'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

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TOP EXPORT POTENTIALChina+ $160M

TOP IMPORT POTENTIALUnited Arab Emirates+ $125k

Copper Ore’s highest export potential is China. With an export gap of $160M. Copper Ore’s highest import potential is United Arab Emirates with an import gap of $125k.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

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