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2022
Exports $11.1MWorld Rnk 56 / 110
Flag Rnk 1087 / 1216
2022
Destination $5.74M Malaysia
2021 - 2022
FASTEST GROWING MARKET $5.74MMalaysia
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $50.5BWorld Rnk 1 / 117
Flag Rnk 7 / 1212
2022
Origin $794M Chile
2021 - 2022
FASTEST GROWING ORIGIN $794MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $11.1M in Copper Ore, making it the 56th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 1087th most exported product in China. The main destination of Copper Ore exports from China are: Malaysia ($6.03M), Singapore ($3.51M), Papua New Guinea ($699k), Cambodia ($304k), and Italy ($208k).

The fastest growing export markets for Copper Ore of China between 2021 and 2022 were Malaysia ($5.74M), Singapore ($3.51M), and Papua New Guinea ($699k).

Imports In 2022, China imported $50.5B in Copper Ore, becoming the 1st largest importer of Copper Ore in the world. At the same year, Copper Ore was the 7th most imported product in China. China imports Copper Ore primarily from: Chile ($15.6B), Peru ($10.3B), Mexico ($2.9B), Mongolia ($2.73B), and Kazakhstan ($2.04B).

The fastest growing import markets in Copper Ore for China between 2021 and 2022 were Indonesia ($794M), Democratic Republic of the Congo ($757M), and Kazakhstan ($591M).

Latest Trends

July 2024

About

Overview In July 2024 China's Copper Ore exports accounted up to $1.64k and imports accounted up to $5.87B, resulting in a negative trade balance of $5.87B. Between June 2023 and July 2024 the exports of China's   Copper Ore have increased by $951 (139%) from $684 to $1.64k, while imports increased by $965M (19.7%) from $4.9B to $5.87B.

Destinations In July 2024, Copper Ore were exported mostly to , and were imported mostly from Chile ($1.79B), Peru ($1.21B), Mexico ($374M), Indonesia ($349M), and Kazakhstan ($312M).

Growth In July 2024, the increase in Copper Ore's year-by-year exports was explained primarily by an increase in exports to Kazakhstan ($9 or 900%). In September 2024, the increase in Copper Ore's year-by-year imports was explained primarily by an increase in imports from Democratic Republic of the Congo ($195M or 228%), Mongolia ($72.4M or 50%), and Serbia ($68.7M or 189%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)$951(139%)
IMPORT GROWTH (September 2023 - September 2024)$965M(19.7%)
MAIN EXPORTER (July 2024)Xingjiang Uygur Autonomous Region$6.18k
MAIN DESTINATION (July 2024)

This section shows Copper Ore'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 Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.1M
IMPORTS (2022)$50.5B
NET TRADE (2022)-$50.5B

In 2022, China exported $11.1M in Copper Ore. The main destinations of China exports on Copper Ore were Malaysia ($6.03M), Singapore ($3.51M), Papua New Guinea ($699k), Cambodia ($304k), and Italy ($208k).

In 2022, China imported $50.5B in Copper Ore, mainly from Chile ($15.6B), Peru ($10.3B), Mexico ($2.9B), Mongolia ($2.73B), and Kazakhstan ($2.04B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$5.74M (1.94k%)
Singapore$3.51M (236k%)
Papua New Guinea$699k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY China WERE (2021 - 2022):
Bulgaria-$23.1M (-100%)
Mongolia-$3.88M (-100%)
Indonesia-$229k (-84.1%)
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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 Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, China's main importing competitors in Copper Ore were:
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 POTENTIALMalaysia+ $1.04M
TOP IMPORT POTENTIALIndonesia+ $1.02B

Copper Ore’s highest export potential is Malaysia. With an export gap of $1.04M.   Copper Ore’s highest import potential is Indonesia with an import gap of $1.02B.

See methodology.

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