2022
Exports
$3.33BWorld Rnk 6 / 140
Flag Rnk 14 / 1208
2022
PRODUCT COMPLEXITY IN Refined Copper
-1.43Rnk 938 / 1025
2022
Imports
$15.9MWorld Rnk 58 / 184
Flag Rnk 713 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $3.33B in Refined Copper, making it the 6th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 14th most exported product in Australia. The main destination of Refined Copper exports from Australia are: China ($1.41B), Malaysia ($831M), Chinese Taipei ($413M), Thailand ($262M), and Vietnam ($176M).

The fastest growing export markets for Refined Copper of Australia between 2021 and 2022 were Malaysia ($173M), Bangladesh ($42.2M), and China ($9.7M).

Imports In 2022, Australia imported $15.9M in Refined Copper, becoming the 58th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 713th most imported product in Australia. Australia imports Refined Copper primarily from: New Zealand ($8.9M), Japan ($2.14M), Spain ($1.38M), United States ($1.26M), and Italy ($627k).

The fastest growing import markets in Refined Copper for Australia between 2021 and 2022 were Japan ($1.08M), Canada ($283k), and Brazil ($173k).

COMPANIES In 2023, leading companies such as Stihl (1) were at the forefront of shipping Refined Copper from Australia to the United States.

Latest Trends

Oct 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 Refined Copper. 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 (2022)$3.33B
IMPORTS (2022)$15.9M
NET TRADE (2022)$3.32B

In 2022, Australia exported $3.33B in Refined Copper. The main destinations of Australia exports on Refined Copper were China ($1.41B), Malaysia ($831M), Chinese Taipei ($413M), Thailand ($262M), and Vietnam ($176M).

In 2022, Australia imported $15.9M in Refined Copper, mainly from New Zealand ($8.9M), Japan ($2.14M), Spain ($1.38M), United States ($1.26M), and Italy ($627k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Malaysia$173M (26.3%)
Bangladesh$42.2M (127%)
China$9.7M (0.69%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Australia WERE (2021 - 2022):
South Korea-$57.3M (-33.3%)
Vietnam-$55.1M (-23.9%)
Thailand-$28.8M (-9.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Refined Copper were:
In 2022, Australia's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $244M
TOP IMPORT POTENTIALJapan+ $1.55M

Refined Copper’s highest export potential is China. With an export gap of $244M.   Refined Copper’s highest import potential is Japan with an import gap of $1.55M.

See methodology.

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