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2022
Exports $1.03BWorld Rnk 18 / 110
Flag Rnk 34 / 1200
2022
Destination $33.2M China
2021 - 2022
FASTEST GROWING MARKET $33.2MKazakhstan
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $76.5MWorld Rnk 29 / 117
Flag Rnk 413 / 1201
2022
Origin $11.7M Kazakhstan
2021 - 2022
FASTEST GROWING ORIGIN $11.7MArmenia
2022
ECONOMIC COMPLEXITY of Russia0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $1.03B in Copper Ore, making it the 18th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 34th most exported product in Russia. The main destination of Copper Ore exports from Russia are: China ($909M), Kazakhstan ($113M), Bulgaria ($7.65M), Uzbekistan ($961k), and Netherlands ($7.87k).

The fastest growing export markets for Copper Ore of Russia between 2021 and 2022 were Kazakhstan ($33.2M), Netherlands ($6.69k), and United Kingdom ($1.18k).

Imports In 2022, Russia imported $76.5M in Copper Ore, becoming the 29th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 413th most imported product in Russia. Russia imports Copper Ore primarily from: Kazakhstan ($62.9M), Armenia ($11.7M), and Tajikistan ($1.94M).

The fastest growing import markets in Copper Ore for Russia between 2021 and 2022 were Armenia ($11.7M) and Tajikistan ($1.94M).

Latest Trends

Oct 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)$1.03B
IMPORTS (2022)$76.5M
NET TRADE (2022)$954M

In 2022, Russia exported $1.03B in Copper Ore. The main destinations of Russia exports on Copper Ore were China ($909M), Kazakhstan ($113M), Bulgaria ($7.65M), Uzbekistan ($961k), and Netherlands ($7.87k).

In 2022, Russia imported $76.5M in Copper Ore, mainly from Kazakhstan ($62.9M), Armenia ($11.7M), and Tajikistan ($1.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$33.2M (41.5%)
Netherlands$6.69k (565%)
United Kingdom$1.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Russia WERE (2021 - 2022):
China-$219M (-19.4%)
Bulgaria-$29.8M (-79.5%)
Uzbekistan-$5.8M (-85.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Russia'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+ $531M
TOP IMPORT POTENTIALKazakhstan+ $5.59M

Copper Ore’s highest export potential is China. With an export gap of $531M.   Copper Ore’s highest import potential is Kazakhstan with an import gap of $5.59M.

See methodology.

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