NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $4.68BWorld Rnk 1 / 195
Flag Rnk 75 / 1217
2023
Destination $158M China
2022 - 2023
FASTEST GROWING MARKET $158MChina
2023
PRODUCT COMPLEXITY IN Scrap Copper-1.03Rnk 837 / 1025
2023
Imports $693MWorld Rnk 10 / 140
Flag Rnk 450 / 1215
2023
Origin $16.5M Mexico
2022 - 2023
FASTEST GROWING ORIGIN $16.5MSaudi Arabia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $4.68B in Scrap Copper, making it the 1st largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 75th most exported product in United States. The main destination of Scrap Copper exports from United States are: China ($2.47B), Canada ($555M), South Korea ($229M), India ($226M), and Belgium ($225M).

The fastest growing export markets for Scrap Copper of United States between 2022 and 2023 were China ($158M), Vietnam ($15.2M), and United Arab Emirates ($8.03M).

Imports In 2023, United States imported $693M in Scrap Copper, becoming the 10th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 450th most imported product in United States. United States imports Scrap Copper primarily from: Mexico ($312M), Canada ($291M), Saudi Arabia ($18.4M), Dominican Republic ($11.6M), and Panama ($7.61M).

The fastest growing import markets in Scrap Copper for United States between 2022 and 2023 were Saudi Arabia ($16.5M), Mexico ($11.3M), and Brazil ($5.16M).

COMPANIES In 2023, leading companies such as Arhaus (1) were at the forefront of shipping Scrap Copper to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Scrap Copper exports accounted up to $510M and imports accounted up to $60.8M, resulting in a positive trade balance of $449M. Between November 2023 and November 2024 the exports of United States'   Scrap Copper have increased by $93.4M (22.4%) from $416M to $510M, while imports increased by $10.3M (20.3%) from $50.6M to $60.8M.

Destinations In November 2024, Scrap Copper were exported mostly to China ($275M), Canada ($56.4M), Thailand ($29.6M), India ($21.4M), and Belgium ($21.3M), and were imported mostly from Canada ($28.9M), Mexico ($24.5M), Panama ($1.35M), Costa Rica ($1.14M), and Honduras ($859k).

Growth In November 2024, the increase in Scrap Copper's year-by-year exports was explained primarily by an increase in exports to Poland ($7.75M or 109%), Canada ($5.53M or 11.5%), and Germany ($4.36M or 45.5%). In November 2024, the increase in Scrap Copper's year-by-year imports was explained primarily by an increase in imports from Mexico ($1.63M or 6.67%), Honduras ($331k or 249%), and Bahamas ($176k or 97.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$93.4M(22.4%)
IMPORT GROWTH (November 2023 - November 2024)$10.3M(20.3%)
MAIN EXPORTER (November 2024)California$105M
MAIN DESTINATION (November 2024)China$275M

This section shows Scrap Copper's exports and imports data at subnational level for United States. 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 Scrap Copper over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$4.68B
IMPORTS (2023)$693M
NET TRADE (2023)$3.99B

In 2023, United States exported $4.68B in Scrap Copper. The main destinations of United States exports on Scrap Copper were China ($2.47B), Canada ($555M), South Korea ($229M), India ($226M), and Belgium ($225M).

In 2023, United States imported $693M in Scrap Copper, mainly from Mexico ($312M), Canada ($291M), Saudi Arabia ($18.4M), Dominican Republic ($11.6M), and Panama ($7.61M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR United States WERE (2022 - 2023):
China$158M (6.85%)
Vietnam$15.2M (206%)
United Arab Emirates$8.03M (75.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY United States WERE (2022 - 2023):
South Korea-$310M (-57.5%)
Malaysia-$140M (-77.1%)
Belgium-$112M (-33.3%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Scrap Copper were:
Japan $2.43B
Germany $2.27B
In 2023, United States's main importing competitors in Scrap Copper were:
China $12.5B
Germany $3.14B
India $1.63B

Explore Visualizations

Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $73.9M
TOP IMPORT POTENTIALCanada+ $47.7M

Scrap Copper’s highest export potential is India. With an export gap of $73.9M.   Scrap Copper’s highest import potential is Canada with an import gap of $47.7M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms