Overview: In 2018, Copper Ore were the world's 44th most traded product, with a total trade of $64.2B. Between 2017 and 2018 the exports of Copper Ore grew by 9.76%, from $58.5B to $64.2B. Trade in Copper Ore represent 0.35% of total world trade.
Exports: In 2018 the top exporters of Copper Ore were Chile ($18.6B), Peru ($13B), Australia ($4.56B), Indonesia ($4.24B), and Canada ($2.8B).
Imports: In 2018 the top importers of Copper Ore were China ($31.7B), Japan ($9.19B), South Korea ($4.26B), Bulgaria ($2.82B), and India ($2.71B).
Tariffs: In 2018 the average tariff for Copper Ore was 2.23%, been the 1209 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Copper Ore are Bahamas (40.2%), Bermuda (25%), Aruba (12%), Panama (10%), and Nepal (9.89%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Copper Ore ranks 978th in the Product Complexity Index (PCI).