Scrap Copper in United States 2020 Exports | Imports : $2.71B | $551M, World Rnk 1 / 192 Rnk 100 / 1217 | World Rnk 10 / 137 Rnk 441 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $86.9M | $41.8M, China | Saudi Arabia
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Scrap Copper: -0.92, Rnk 815 / 1029
Exports In 2020, United States exported $2.71B in Scrap Copper, making it the 1st largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 100th most exported product in United States. The main destination of Scrap Copper exports from United States are: China ($501M), South Korea ($347M), Malaysia ($325M), Canada ($317M), and Belgium ($146M).
The fastest growing export markets for Scrap Copper of United States between 2019 and 2020 were China ($86.9M), Russia ($32.6M), and Vietnam ($29.9M).
Imports In 2020, United States imported $551M in Scrap Copper, becoming the 10th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 441st most imported product in United States. United States imports Scrap Copper primarily from: Canada ($272M), Mexico ($178M), Saudi Arabia ($47.3M), Dominican Republic ($7.55M), and Panama ($3.89M).
The fastest growing import markets in Scrap Copper for United States between 2019 and 2020 were Saudi Arabia ($41.8M), Peru ($2.05M), and Paraguay ($1.25M).
December 2022
Overview In December 2022 United States' Scrap Copper exports accounted up to $348M and imports accounted up to $59.5M, resulting in a positive trade balance of $289M. Between December 2021 and December 2022 the exports of United States' Scrap Copper have decreased by $-52.7M (-13.1%) from $401M to $348M, while imports decreased by $-1.87M (-3.05%) from $61.3M to $59.5M.
Destinations In December 2022, Scrap Copper were exported mostly to China ($147M), Canada ($34.7M), Belgium ($21.4M), South Korea ($20.7M), and Japan ($17.1M), and were imported mostly from Canada ($28M), Mexico ($25.7M), Costa Rica ($1.19M), Dominican Republic ($962k), and El Salvador ($903k).
Growth In December 2022, the decrease in Scrap Copper's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-21M or -50.3%), Germany ($-4.42M or -31.6%), and United Arab Emirates ($-3.22M or -92.5%). In December 2022, the decrease in Scrap Copper's year-by-year imports was explained primarily by a decrease in imports from Canada ($-1.7M or -5.4%), Honduras ($-374k or -73.8%), and Venezuela ($-307k or -98.4%).
EXPORT GROWTH (December 2021 - December 2022): $-52.7M, (-13.1%)
IMPORT GROWTH (December 2021 - December 2022): $-1.87M, (-3.05%)
MAIN EXPORTER (December 2022): California, $58.1M
MAIN DESTINATION (December 2022): China, $147M
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.
EXPORTS (2020): $2.71B
IMPORTS (2020): $551M
NET TRADE (2020): $2.16B
In 2020, United States exported $2.71B in Scrap Copper. The main destinations of United States exports on Scrap Copper were China ($501M), South Korea ($347M), Malaysia ($325M), Canada ($317M), and Belgium ($146M).
In 2020, United States imported $551M in Scrap Copper, mainly from Canada ($272M), Mexico ($178M), Saudi Arabia ($47.3M), Dominican Republic ($7.55M), and Panama ($3.89M).
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Scrap Copper were:
In 2020, United States's main importing competitors in Scrap Copper were:
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.14 lamb