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2022
Exports $8.68MWorld Rnk 38 / 102
Flag Rnk 876 / 1216
2022
Destination $263k Netherlands
2021 - 2022
FASTEST GROWING MARKET $263kChina
2022
PRODUCT COMPLEXITY IN Raw Copper-2.2Rnk 1006 / 1025
2022
Imports $336kWorld Rnk 48 / 152
Flag Rnk 1188 / 1214
2022
Origin $55.4k United States
2021 - 2022
FASTEST GROWING ORIGIN $55.4kSingapore
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $8.68M in Raw Copper, making it the 38th largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 876th most exported product in United Kingdom. The main destination of Raw Copper exports from United Kingdom are: Netherlands ($1.3M), Spain ($844k), United States ($832k), Italy ($733k), and Germany ($600k).

The fastest growing export markets for Raw Copper of United Kingdom between 2021 and 2022 were China ($263k), United States ($178k), and Italy ($171k).

Imports In 2022, United Kingdom imported $336k in Raw Copper, becoming the 48th largest importer of Raw Copper in the world. At the same year, Raw Copper was the 1188th most imported product in United Kingdom. United Kingdom imports Raw Copper primarily from: United States ($144k), Singapore ($55.4k), Netherlands ($39.2k), South Korea ($20.7k), and China ($19.4k).

The fastest growing import markets in Raw Copper for United Kingdom between 2021 and 2022 were Singapore ($55.4k), South Korea ($20.7k), and United Kingdom ($15.7k).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Raw Copper exports accounted up to £84.9k and imports accounted up to £6.16k, resulting in a positive trade balance of £78.7k. Between August 2023 and August 2024 the exports of United Kingdom's   Raw Copper have decreased by £-518k (-85.9%) from £603k to £84.9k, while imports decreased by £-22.2k (-78.3%) from £28.3k to £6.16k.

Destinations In August 2024, Raw Copper were exported mostly to Malaysia (£22.8k), Germany (£16.3k), Spain (£14.8k), Brazil (£9.26k), and South Korea (£7.71k), and were imported mostly from France (£5.23k) and Netherlands (£928).

Growth In August 2024, the decrease in Raw Copper's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (£-27k or -86.2%), Iceland (£-5.58k or -38.8%), and France (£-4.04k or -54.4%). In August 2024, the decrease in Raw Copper's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-518k(-85.9%)
IMPORT GROWTH (August 2023 - August 2024)£-22.2k(-78.3%)
MAIN EXPORTER (August 2024)East Midlands Airport£248k
MAIN DESTINATION (August 2024)Malaysia£22.8k

This section shows Raw Copper'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 Raw Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.68M
IMPORTS (2022)$336k
NET TRADE (2022)$8.34M

In 2022, United Kingdom exported $8.68M in Raw Copper. The main destinations of United Kingdom exports on Raw Copper were Netherlands ($1.3M), Spain ($844k), United States ($832k), Italy ($733k), and Germany ($600k).

In 2022, United Kingdom imported $336k in Raw Copper, mainly from United States ($144k), Singapore ($55.4k), Netherlands ($39.2k), South Korea ($20.7k), and China ($19.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
China$263k (269%)
United States$178k (27.2%)
Italy$171k (30.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Copper BY United Kingdom WERE (2021 - 2022):
Indonesia-$190k (-77.8%)
Czechia-$132k (-100%)
Saudi Arabia-$112k (-61.6%)
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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 Raw Copper were:
Zambia $6.6B
Chile $2.97B
Bulgaria $1.43B
In 2022, United Kingdom's main importing competitors in Raw Copper were:
China $6.42B
Switzerland $3.22B
India $2.06B

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Trade Value of Raw Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.06M
TOP IMPORT POTENTIALUnited States+ $42.7k

Raw Copper’s highest export potential is China. With an export gap of $1.06M.   Raw Copper’s highest import potential is United States with an import gap of $42.7k.

See methodology.

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