Raw Copper in China 2021 Exports | Imports : $6.26M | $5.48B, World Rnk 42 / 108 Rnk 1110 / 1215 | World Rnk 1 / 150 Rnk 67 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.42M | $444M, Thailand | Zambia
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Raw Copper: -1.68, Rnk 974 / 1029
Exports In 2021, China exported $6.26M in Raw Copper, making it the 42nd largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 1110th most exported product in China. The main destination of Raw Copper exports from China are: Thailand ($1.91M), Malaysia ($1.39M), Netherlands ($1.29M), Singapore ($849k), and Brazil ($144k).
The fastest growing export markets for Raw Copper of China between 2020 and 2021 were Thailand ($1.42M), Netherlands ($718k), and Malaysia ($384k).
Imports In 2021, China imported $5.48B in Raw Copper, becoming the 1st largest importer of Raw Copper in the world. At the same year, Raw Copper was the 67th most imported product in China. China imports Raw Copper primarily from: Zambia ($1.64B), Chile ($1.49B), Democratic Republic of the Congo ($779M), South Africa ($359M), and South Korea ($330M).
The fastest growing import markets in Raw Copper for China between 2020 and 2021 were Zambia ($444M), Chile ($376M), and Democratic Republic of the Congo ($189M).
Tariffs In 2018, the average tariff for China in Raw Copper was 1.57%. The countries with the highest import tariffs for Raw Copper were Burkina Faso (Most Favoured Nation duty rate treatment, 2%), Botswana (Most Favoured Nation duty rate treatment, 2%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 2%), Cameroon (Most Favoured Nation duty rate treatment, 2%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 2%).
March 2023
Overview In March 2023 China's Raw Copper exports accounted up to $262k and imports accounted up to $714M, resulting in a negative trade balance of $714M. Between January 2022 and March 2023 the exports of China's Raw Copper have decreased by $-9.9k (-3.64%) from $272k to $262k, while imports decreased by $-274M (-27.8%) from $988M to $714M.
Destinations In March 2023, Raw Copper were exported mostly to Thailand ($262k), Japan ($15), and United Kingdom ($10), and were imported mostly from Zambia ($296M), Democratic Republic of the Congo ($130M), Chile ($92.1M), South Africa ($52.7M), and Pakistan ($44.5M).
Growth In March 2023, the decrease in Raw Copper's year-by-year exports was explained primarily by a decrease in exports to . In March 2023, the decrease in Raw Copper's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-16.4M or -84.5%), Qatar ($-7.6M or -61.9%), and Philippines ($-7.59M or -58.3%).
EXPORT GROWTH (January 2022 - March 2023): $-9.9k, (-3.64%)
IMPORT GROWTH (March 2022 - March 2023): $-274M, (-27.8%)
MAIN EXPORTER (March 2023): Shanghai Province, $262k
MAIN DESTINATION (March 2023): Thailand, $262k
This section shows Raw Copper's exports and imports data at subnational level for China. 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 Raw Copper over time.
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EXPORTS (2021): $6.26M
IMPORTS (2021): $5.48B
NET TRADE (2021): -$5.47B
In 2021, China exported $6.26M in Raw Copper. The main destinations of China exports on Raw Copper were Thailand ($1.91M), Malaysia ($1.39M), Netherlands ($1.29M), Singapore ($849k), and Brazil ($144k).
In 2021, China imported $5.48B in Raw Copper, mainly from Zambia ($1.64B), Chile ($1.49B), Democratic Republic of the Congo ($779M), South Africa ($359M), and South Korea ($330M).
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Copper BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Raw Copper were:
In 2021, China's main importing competitors in Raw Copper were:
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