2023
Exports
$278MWorld Rnk 27 / 195
Flag Rnk 21 / 1150
2023
PRODUCT COMPLEXITY IN Scrap Copper
-1.03Rnk 837 / 1025
2023
Imports
$105kWorld Rnk 92 / 140
Flag Rnk 1074 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $278M in Scrap Copper, making it the 27th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 21st most exported product in Colombia. The main destination of Scrap Copper exports from Colombia are: China ($159M), South Korea ($31.9M), India ($30.1M), Brazil ($23M), and Malaysia ($11.7M).

The fastest growing export markets for Scrap Copper of Colombia between 2022 and 2023 were India ($22.9M), Malaysia ($4.11M), and Thailand ($2.82M).

Imports In 2023, Colombia imported $105k in Scrap Copper, becoming the 92nd largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 1074th most imported product in Colombia. Colombia imports Scrap Copper primarily from: Argentina ($34.9k), Dominican Republic ($26.7k), United States ($17.2k), Panama ($14.6k), and China ($6.49k).

The fastest growing import markets in Scrap Copper for Colombia between 2022 and 2023 were Argentina ($34.9k), Dominican Republic ($26.7k), and China ($5.82k).

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 Scrap 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 (2023)$278M
IMPORTS (2023)$105k
NET TRADE (2023)$278M

In 2023, Colombia exported $278M in Scrap Copper. The main destinations of Colombia exports on Scrap Copper were China ($159M), South Korea ($31.9M), India ($30.1M), Brazil ($23M), and Malaysia ($11.7M).

In 2023, Colombia imported $105k in Scrap Copper, mainly from Argentina ($34.9k), Dominican Republic ($26.7k), United States ($17.2k), Panama ($14.6k), and China ($6.49k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
India$22.9M (320%)
Malaysia$4.11M (54%)
Thailand$2.82M (5.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Colombia WERE (2022 - 2023):
China-$42.4M (-21.1%)
South Korea-$8.37M (-20.8%)
Brazil-$7.64M (-25%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Scrap Copper were:
In 2023, Colombia's main importing competitors in Scrap Copper were:
China $12.5B
Germany $3.14B
India $1.63B

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $47.3M
TOP IMPORT POTENTIALUnited States+ $41.5k

Scrap Copper’s highest export potential is China. With an export gap of $47.3M.   Scrap Copper’s highest import potential is United States with an import gap of $41.5k.

See methodology.

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