2023
Exports
$1.26BWorld Rnk 6 / 195
Flag Rnk 16 / 1148
2023
PRODUCT COMPLEXITY IN Scrap Copper
-1.03Rnk 837 / 1025
2023
Imports
$11.6MWorld Rnk 51 / 140
Flag Rnk 736 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $1.26B in Scrap Copper, making it the 6th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 16th most exported product in Saudi Arabia. The main destination of Scrap Copper exports from Saudi Arabia are: India ($293M), China ($273M), South Korea ($193M), Japan ($169M), and United Arab Emirates ($97.1M).

The fastest growing export markets for Scrap Copper of Saudi Arabia between 2022 and 2023 were China ($46.5M), India ($43.7M), and Japan ($28.1M).

Imports In 2023, Saudi Arabia imported $11.6M in Scrap Copper, becoming the 51st largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 736th most imported product in Saudi Arabia. Saudi Arabia imports Scrap Copper primarily from: United Arab Emirates ($9.62M), Japan ($783k), Oman ($727k), China ($337k), and India ($90.9k).

The fastest growing import markets in Scrap Copper for Saudi Arabia between 2022 and 2023 were United Arab Emirates ($9.47M), Japan ($614k), and China ($251k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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)$1.26B
IMPORTS (2023)$11.6M
NET TRADE (2023)$1.25B

In 2023, Saudi Arabia exported $1.26B in Scrap Copper. The main destinations of Saudi Arabia exports on Scrap Copper were India ($293M), China ($273M), South Korea ($193M), Japan ($169M), and United Arab Emirates ($97.1M).

In 2023, Saudi Arabia imported $11.6M in Scrap Copper, mainly from United Arab Emirates ($9.62M), Japan ($783k), Oman ($727k), China ($337k), and India ($90.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
China$46.5M (20.6%)
India$43.7M (17.5%)
Japan$28.1M (19.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Saudi Arabia WERE (2022 - 2023):
South Korea-$71.3M (-26.9%)
Malaysia-$29.1M (-74.3%)
Chinese Taipei-$16.6M (-16.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Scrap Copper were:
In 2023, Saudi Arabia'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+ $111M
TOP IMPORT POTENTIALUnited Arab Emirates+ $936k

Scrap Copper’s highest export potential is China. With an export gap of $111M.   Scrap Copper’s highest import potential is United Arab Emirates with an import gap of $936k.

See methodology.

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