2022
Exports
$6.58BWorld Rnk 3 / 140
Flag Rnk 10 / 1200
2022
PRODUCT COMPLEXITY IN Refined Copper
-1.43Rnk 938 / 1025
2022
Imports
$16.5MWorld Rnk 57 / 184
Flag Rnk 698 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $6.58B in Refined Copper, making it the 3rd largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 10th most exported product in Russia. The main destination of Refined Copper exports from Russia are: China ($2.87B), Germany ($1.34B), Turkey ($900M), Netherlands ($669M), and Chinese Taipei ($215M).

The fastest growing export markets for Refined Copper of Russia between 2021 and 2022 were China ($1.58B), Germany ($645M), and Turkey ($489M).

Imports In 2022, Russia imported $16.5M in Refined Copper, becoming the 57th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 698th most imported product in Russia. Russia imports Refined Copper primarily from: Uzbekistan ($10.9M), Germany ($2.95M), Kazakhstan ($860k), China ($316k), and Italy ($276k).

The fastest growing import markets in Refined Copper for Russia between 2021 and 2022 were Uzbekistan ($10.9M), China ($316k), and Turkey ($263k).

Latest Trends

Sep 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 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 (2022)$6.58B
IMPORTS (2022)$16.5M
NET TRADE (2022)$6.56B

In 2022, Russia exported $6.58B in Refined Copper. The main destinations of Russia exports on Refined Copper were China ($2.87B), Germany ($1.34B), Turkey ($900M), Netherlands ($669M), and Chinese Taipei ($215M).

In 2022, Russia imported $16.5M in Refined Copper, mainly from Uzbekistan ($10.9M), Germany ($2.95M), Kazakhstan ($860k), China ($316k), and Italy ($276k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$1.58B (122%)
Germany$645M (93.5%)
Turkey$489M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Russia WERE (2021 - 2022):
Netherlands-$289M (-30.2%)
Egypt-$211M (-100%)
Kuwait-$138M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Refined Copper were:
In 2022, Russia'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+ $1.14B
TOP IMPORT POTENTIALKazakhstan+ $1.72M

Refined Copper’s highest export potential is China. With an export gap of $1.14B.   Refined Copper’s highest import potential is Kazakhstan with an import gap of $1.72M.

See methodology.

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