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Pricing

260300 (Harmonized System 1992 for 6-digit)

2022
World Trade $90.1BRnk 30 / 4648
2022
Top Exporter | Top Importer $22.8B | $50.5BChile | China
2022
Product Complexity -2.07Rnk 4541 / 4653
2021 - 2022
Export Growth (CAGR) -0.96%Rnk 3109 / 4648
2022
Share of World Trade 0.38%Rnk 30 / 4648

About

Overview This page contains the latest trade data of Copper ores and concentrates. In 2022, Copper ores and concentrates were the world's 30th most traded product, with a total trade of $90.1B. Between 2021 and 2022 the exports of Copper ores and concentrates decreased by -0.96%, from $91B to $90.1B. Trade in Copper ores and concentrates represent 0.38% of total world trade.

Copper ores and concentrates are a part of Copper Ore.

Exports In 2022 the top exporters of Copper ores and concentrates  were Chile ($22.8B), Peru ($13.5B), Indonesia ($8.89B), Australia ($4.89B), and Canada ($3.52B).

Imports In 2022 the top importers of Copper ores and concentrates were China ($50.5B), Japan ($12.4B), South Korea ($6.27B), India ($2.98B), and Bulgaria ($2.3B).

Ranking Copper ores and concentrates ranks 4541st in the Product Complexity Index (PCI).

Description Copper ores and concentrates can be used as a raw material in the production of copper and brass, and as a pigment in paints.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Copper ores and concentrates. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Chile$22.8B
Top Destination (2022)China$50.5B

In 2022 Copper ores and concentrates were the world's 30th most traded product (out of 4,648).

In 2022, the top exporters of Copper ores and concentrates were Chile ($22.8B), Peru ($13.5B), Indonesia ($8.89B), Australia ($4.89B), and Canada ($3.52B).

In 2022, the top importers of Copper ores and concentrates were China ($50.5B), Japan ($12.4B), South Korea ($6.27B), India ($2.98B), and Bulgaria ($2.3B).

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Exporters of Copper ores and concentrates (2022)
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Importers of Copper ores and concentrates (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$3.42B
Top Destination Growth (2021 -  2022)Mexico$1.08B

Between 2021 and 2022, the exports of Copper ores and concentrates grew the fastest in Indonesia ($3.42B), Serbia ($916M), Democratic Republic of the Congo ($875M), United States ($832M), and Kazakhstan ($762M).

Between 2021 and 2022, the fastest growing importers of Copper ores and concentrates were Mexico ($1.08B), South Korea ($560M), Japan ($484M), Bulgaria ($334M), and Singapore ($252M).

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Exporters of Copper ores and concentrates (2021 - 2022)

Importers of Copper ores and concentrates (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Copper ores and concentrates.

In 2022, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Copper ores and concentrates are explained by 16 countries.

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Value of Exports in Copper ores and concentrates

Net Trade

TOP NET EXPORTER (2022)Chile$22.8B
TOP NET IMPORTER (2022)China$50.5B

This map shows which countries export or import more of Copper ores and concentrates. Each country is colored based on the difference in exports and imports of Copper ores and concentrates during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Copper ores and concentrates were Chile ($22.8B), Peru ($13.3B), Indonesia ($8.88B), Australia ($4.89B), and Panama ($2.94B).

In 2022, the countries that had a largest trade value in imports than in exports of Copper ores and concentrates were China ($50.5B), Japan ($12.4B), South Korea ($4.68B), India ($2.94B), and Germany ($2.07B).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Copper ores and concentrates.
It is possible to select the main countries that export or import Copper ores and concentrates in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Copper ores and concentrates by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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