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2022
Exports $899kWorld Rnk 71 / 110
Flag Rnk 1119 / 1216
2022
Destination $555k Malaysia
2021 - 2022
FASTEST GROWING MARKET $555kMalaysia
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $180kWorld Rnk 52 / 117
Flag Rnk 1199 / 1214
2022
Origin $64.6k Zambia
2021 - 2022
FASTEST GROWING ORIGIN $64.6kZambia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $899k in Copper Ore, making it the 71st largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 1119th most exported product in United Kingdom. The main destination of Copper Ore exports from United Kingdom are: Malaysia ($815k), Netherlands ($25k), China ($21.3k), Ireland ($8.19k), and United States ($6.55k).

The fastest growing export markets for Copper Ore of United Kingdom between 2021 and 2022 were Malaysia ($555k), China ($21.3k), and Netherlands ($18.9k).

Imports In 2022, United Kingdom imported $180k in Copper Ore, becoming the 52nd largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1199th most imported product in United Kingdom. United Kingdom imports Copper Ore primarily from: Zambia ($64.6k), Kazakhstan ($31.5k), Japan ($17.2k), United States ($13.2k), and Peru ($12.7k).

The fastest growing import markets in Copper Ore for United Kingdom between 2021 and 2022 were Zambia ($64.6k), Kazakhstan ($14.6k), and Peru ($11.1k).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Copper Ore exports accounted up to £1.37k and imports accounted up to £1.92k, resulting in a negative trade balance of £542. Between April 2022 and February 2024 the exports of United Kingdom's   Copper Ore have decreased by £-71 (-4.92%) from £1.44k to £1.37k, while imports increased by £852 (80.2%) from £1.06k to £1.92k.

Destinations In February 2024, Copper Ore were exported mostly to , and were imported mostly from .

Growth In February 2024, the decrease in Copper Ore's year-by-year exports was explained primarily by a decrease in exports to . In May 2024, the increase in Copper Ore's year-by-year imports was explained primarily by an increase in imports from Kazakhstan (£124 or 11.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2022 - February 2024)£-71(-4.92%)
IMPORT GROWTH (February 2023 - May 2024)£852(80.2%)
MAIN EXPORTER (February 2024)East Midlands Airport£1.37k
MAIN DESTINATION (February 2024)

This section shows Copper Ore's exports and imports data at subnational level for United Kingdom. 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)$899k
IMPORTS (2022)$180k
NET TRADE (2022)$718k

In 2022, United Kingdom exported $899k in Copper Ore. The main destinations of United Kingdom exports on Copper Ore were Malaysia ($815k), Netherlands ($25k), China ($21.3k), Ireland ($8.19k), and United States ($6.55k).

In 2022, United Kingdom imported $180k in Copper Ore, mainly from Zambia ($64.6k), Kazakhstan ($31.5k), Japan ($17.2k), United States ($13.2k), and Peru ($12.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Malaysia$555k (213%)
China$21.3k (1%)
Netherlands$18.9k (307%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY United Kingdom WERE (2021 - 2022):
Spain-$23.5k (-99.4%)
Nigeria-$11.6k (-100%)
Democratic Republic of the Congo-$7.35k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, United Kingdom'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 POTENTIALChina+ $174k
TOP IMPORT POTENTIALKazakhstan+ $79.9k

Copper Ore’s highest export potential is China. With an export gap of $174k.   Copper Ore’s highest import potential is Kazakhstan with an import gap of $79.9k.

See methodology.

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