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2023
Exports $65.6MWorld Rnk 44 / 111
Flag Rnk 530 / 1212
2023
Destination $24.6M China
2022 - 2023
FASTEST GROWING MARKET $24.6MMalaysia
2023
PRODUCT COMPLEXITY IN Copper Ore-1.95Rnk 994 / 1025
2023
Imports $3.04BWorld Rnk 6 / 102
Flag Rnk 31 / 1208
2023
Origin $85.6M Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $85.6MPhilippines
2023
ECONOMIC COMPLEXITY of India0.65Rnk 39 / 132

About

Exports In 2023, India exported $65.6M in Copper Ore, making it the 44th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 530th most exported product in India. The main destination of Copper Ore exports from India are: China ($33.6M), Malaysia ($32M), Netherlands ($3.89k), Chile ($376), and United Arab Emirates ($329).

The fastest growing export markets for Copper Ore of India between 2022 and 2023 were Malaysia ($24.6M), China ($7.93M), and Netherlands ($931).

Imports In 2023, India imported $3.04B in Copper Ore, becoming the 6th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 31st most imported product in India. India imports Copper Ore primarily from: Indonesia ($939M), Chile ($673M), Australia ($351M), Peru ($246M), and Panama ($198M).

The fastest growing import markets in Copper Ore for India between 2022 and 2023 were Philippines ($85.6M), Canada ($62.4M), and Tanzania ($41.1M).

COMPANIES In 2023, leading companies such as Cinmar (3) were at the forefront of shipping Copper Ore from India to the United States.

Latest Trends

Dec 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 (2023)$65.6M
IMPORTS (2023)$3.04B
NET TRADE (2023)-$2.97B

In 2023, India exported $65.6M in Copper Ore. The main destinations of India exports on Copper Ore were China ($33.6M), Malaysia ($32M), Netherlands ($3.89k), Chile ($376), and United Arab Emirates ($329).

In 2023, India imported $3.04B in Copper Ore, mainly from Indonesia ($939M), Chile ($673M), Australia ($351M), Peru ($246M), and Panama ($198M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR India WERE (2022 - 2023):
Malaysia$24.6M (334%)
China$7.93M (30.9%)
Netherlands$931 (31.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY India WERE (2022 - 2023):
Philippines-$15.9M (-100%)
United States-$201k (-100%)
Cambodia-$27.8k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
Indonesia $8.55B
In 2023, India's main importing competitors in Copper Ore were:
China $57.3B
Japan $11B
South Korea $4.95B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $46.6M
TOP IMPORT POTENTIALIndonesia+ $187M

Copper Ore’s highest export potential is China. With an export gap of $46.6M.   Copper Ore’s highest import potential is Indonesia with an import gap of $187M.

See methodology.

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