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2022
Exports $4.89BWorld Rnk 4 / 110
Flag Rnk 10 / 1208
2022
Destination $611M Japan
2021 - 2022
FASTEST GROWING MARKET $611MPhilippines
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $167kWorld Rnk 53 / 117
Flag Rnk 1145 / 1206
2022
Origin $147k Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $147kMalaysia
2022
ECONOMIC COMPLEXITY of Australia-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $4.89B in Copper Ore, making it the 4th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 10th most exported product in Australia. The main destination of Copper Ore exports from Australia are: Japan ($2.21B), South Korea ($1.04B), Philippines ($633M), India ($392M), and Chinese Taipei ($257M).

The fastest growing export markets for Copper Ore of Australia between 2021 and 2022 were Philippines ($611M), Japan ($53M), and Sweden ($19.9M).

Imports In 2022, Australia imported $167k in Copper Ore, becoming the 53rd largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1145th most imported product in Australia. Australia imports Copper Ore primarily from: Malaysia ($147k), United States ($6.78k), United Kingdom ($6.14k), Zambia ($2.99k), and Canada ($1.57k).

The fastest growing import markets in Copper Ore for Australia between 2021 and 2022 were Malaysia ($147k), United Kingdom ($6.14k), and United States ($5.17k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.89B
IMPORTS (2022)$167k
NET TRADE (2022)$4.89B

In 2022, Australia exported $4.89B in Copper Ore. The main destinations of Australia exports on Copper Ore were Japan ($2.21B), South Korea ($1.04B), Philippines ($633M), India ($392M), and Chinese Taipei ($257M).

In 2022, Australia imported $167k in Copper Ore, mainly from Malaysia ($147k), United States ($6.78k), United Kingdom ($6.14k), Zambia ($2.99k), and Canada ($1.57k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Philippines$611M (2.79k%)
Japan$53M (2.46%)
Sweden$19.9M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Australia WERE (2021 - 2022):
India-$284M (-42%)
Germany-$162M (-76.8%)
Bulgaria-$61.9M (-77.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Australia's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $81M
TOP IMPORT POTENTIALMalaysia+ $67.6k

Copper Ore’s highest export potential is India. With an export gap of $81M.   Copper Ore’s highest import potential is Malaysia with an import gap of $67.6k.

See methodology.

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