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2022
Exports $11.7BWorld Rnk 5 / 218
Flag Rnk 37 / 96
2022
Destination $201M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $201MChina
2022
PRODUCT COMPLEXITY IN Copper articles1.39Rnk 71 / 1025
2022
Imports $58BWorld Rnk 1 / 225
Flag Rnk 10 / 96
2022
Origin $1.99B Chile
2021 - 2022
FASTEST GROWING ORIGIN $1.99BDemocratic Republic of the Congo
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $11.7B in Copper articles, making it the 5th largest exporter of Copper articles in the world. At the same year, Copper articles was the 37th most exported product in China. The main destination of Copper articles exports from China are: Chinese Taipei ($1.15B), South Korea ($1.11B), Thailand ($956M), Vietnam ($899M), and China ($844M).

The fastest growing export markets for Copper articles of China between 2021 and 2022 were China ($201M), United States ($171M), and South Korea ($57.7M).

Imports In 2022, China imported $58B in Copper articles, becoming the 1st largest importer of Copper articles in the world. At the same year, Copper articles was the 10th most imported product in China. China imports Copper articles primarily from: Chile ($9.3B), Democratic Republic of the Congo ($8.31B), Japan ($4.92B), South Korea ($3.49B), and Russia ($2.88B).

The fastest growing import markets in Copper articles for China between 2021 and 2022 were Democratic Republic of the Congo ($1.99B), Chile ($1.15B), and Russia ($971M).

COMPANIES In 2023, leading companies such as CrimsonLogic (138), Home Depot (53), and Ameziel (50) were at the forefront of shipping Copper articles from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Copper articles exports accounted up to $921M and imports accounted up to $6.51B, resulting in a negative trade balance of $5.59B. Between October 2023 and October 2024 the exports of China's   Copper articles have increased by $204M (28.5%) from $716M to $921M, while imports increased by $1.09B (20.2%) from $5.42B to $6.51B.

Destinations In October 2024, Copper articles were exported mostly to Thailand ($108M), Vietnam ($81.6M), Chinese Taipei ($66.6M), South Korea ($65.5M), and United States ($51.4M), and were imported mostly from Democratic Republic of the Congo ($1.47B), Chile ($544M), Japan ($530M), Zambia ($422M), and South Korea ($329M).

Growth In October 2024, the increase in Copper articles's year-by-year exports was explained primarily by an increase in exports to Singapore ($42M or 440%), Philippines ($12.3M or 107%), and Turkey ($6.18M or 68%). In October 2024, the increase in Copper articles's year-by-year imports was explained primarily by an increase in imports from Democratic Republic of the Congo ($254M or 39.9%), Peru ($131M or 189%), and South Africa ($63.4M or 77.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$204M(28.5%)
IMPORT GROWTH (October 2023 - October 2024)$1.09B(20.2%)
MAIN EXPORTER (October 2024)Shanghai Province$941M
MAIN DESTINATION (October 2024)Thailand$108M

This section shows Copper articles's exports and imports data at subnational level for China. 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 Copper articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.7B
IMPORTS (2022)$58B
NET TRADE (2022)-$46.3B

In 2022, China exported $11.7B in Copper articles. The main destinations of China exports on Copper articles were Chinese Taipei ($1.15B), South Korea ($1.11B), Thailand ($956M), Vietnam ($899M), and China ($844M).

In 2022, China imported $58B in Copper articles, mainly from Chile ($9.3B), Democratic Republic of the Congo ($8.31B), Japan ($4.92B), South Korea ($3.49B), and Russia ($2.88B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper articles EXPORT MARKETS FOR China WERE (2021 - 2022):
China$201M (31.4%)
United States$171M (34.2%)
South Korea$57.7M (5.47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper articles BY China WERE (2021 - 2022):
Thailand-$259M (-21.3%)
Indonesia-$128M (-30.3%)
Hong Kong-$109M (-26.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Copper articles were:
Chile $22B
Democratic Republic of the Congo $17.9B
Germany $16B
In 2022, China's main importing competitors in Copper articles were:
Germany $15.2B
United States $14.7B

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Trade Value of Copper articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $271M
TOP IMPORT POTENTIALRussia+ $1.16B

Copper articles’s highest export potential is India. With an export gap of $271M.   Copper articles’s highest import potential is Russia with an import gap of $1.16B.

See methodology.

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