2023
Exports
$426MWorld Rnk 31 / 147
Flag Rnk 185 / 1212
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2023
Imports
$2.87BWorld Rnk 9 / 184
Flag Rnk 33 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $426M in Refined Copper, making it the 31st largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 185th most exported product in India. The main destination of Refined Copper exports from India are: China ($285M), Saudi Arabia ($51.3M), Indonesia ($32.1M), South Korea ($14.9M), and United Arab Emirates ($9.79M).

The fastest growing export markets for Refined Copper of India between 2022 and 2023 were Saudi Arabia ($50.4M), Indonesia ($19.7M), and South Korea ($9.64M).

Imports In 2023, India imported $2.87B in Refined Copper, becoming the 9th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 33rd most imported product in India. India imports Refined Copper primarily from: Japan ($1.87B), Republic of the Congo ($367M), Democratic Republic of the Congo ($250M), Zambia ($123M), and Russia ($98.2M).

The fastest growing import markets in Refined Copper for India between 2022 and 2023 were Japan ($952M), Republic of the Congo ($365M), and Democratic Republic of the Congo ($247M).

Latest Trends

Jan 2025

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 Refined Copper. 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)$426M
IMPORTS (2023)$2.87B
NET TRADE (2023)-$2.45B

In 2023, India exported $426M in Refined Copper. The main destinations of India exports on Refined Copper were China ($285M), Saudi Arabia ($51.3M), Indonesia ($32.1M), South Korea ($14.9M), and United Arab Emirates ($9.79M).

In 2023, India imported $2.87B in Refined Copper, mainly from Japan ($1.87B), Republic of the Congo ($367M), Democratic Republic of the Congo ($250M), Zambia ($123M), and Russia ($98.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR India WERE (2022 - 2023):
Saudi Arabia$50.4M (5.96k%)
Indonesia$19.7M (160%)
South Korea$9.64M (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY India WERE (2022 - 2023):
China-$139M (-32.7%)
Belgium-$3.41M (-98.6%)
Thailand-$2.77M (-44.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Refined Copper were:
In 2023, India's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $431M
TOP IMPORT POTENTIALTanzania+ $25.1M

Refined Copper’s highest export potential is China. With an export gap of $431M.   Refined Copper’s highest import potential is Tanzania with an import gap of $25.1M.

See methodology.

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