2022
Exports
$821MWorld Rnk 25 / 140
Flag Rnk 286 / 1217
2022
PRODUCT COMPLEXITY IN Refined Copper
-1.43Rnk 938 / 1025
2022
Imports
$6.16BWorld Rnk 2 / 184
Flag Rnk 102 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $821M in Refined Copper, making it the 25th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 286th most exported product in United States. The main destination of Refined Copper exports from United States are: Mexico ($510M), Canada ($206M), China ($25.1M), United Kingdom ($16M), and Netherlands ($14.4M).

The fastest growing export markets for Refined Copper of United States between 2021 and 2022 were United Kingdom ($14.8M), Netherlands ($10.3M), and Spain ($3.12M).

Imports In 2022, United States imported $6.16B in Refined Copper, becoming the 2nd largest importer of Refined Copper in the world. At the same year, Refined Copper was the 102nd most imported product in United States. United States imports Refined Copper primarily from: Chile ($3.61B), Canada ($1.17B), Mexico ($689M), Peru ($467M), and Democratic Republic of the Congo ($89.6M).

The fastest growing import markets in Refined Copper for United States between 2021 and 2022 were Mexico ($593M), Peru ($219M), and China ($2.63M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (79), Cinmar (42), and CrimsonLogic (8) were at the forefront of shipping Refined Copper to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-59.2M(-32.9%)
IMPORT GROWTH (August 2023 - August 2024)$659M(139%)
MAIN EXPORTER (August 2024)Texas$147M
MAIN DESTINATION (August 2024)Mexico$97.3M

This section shows Refined Copper's exports and imports data at subnational level for United States. 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 Refined Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$821M
IMPORTS (2022)$6.16B
NET TRADE (2022)-$5.34B

In 2022, United States exported $821M in Refined Copper. The main destinations of United States exports on Refined Copper were Mexico ($510M), Canada ($206M), China ($25.1M), United Kingdom ($16M), and Netherlands ($14.4M).

In 2022, United States imported $6.16B in Refined Copper, mainly from Chile ($3.61B), Canada ($1.17B), Mexico ($689M), Peru ($467M), and Democratic Republic of the Congo ($89.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR United States WERE (2021 - 2022):
United Kingdom$14.8M (1.17k%)
Netherlands$10.3M (256%)
Spain$3.12M (1.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY United States WERE (2021 - 2022):
Mexico-$783M (-60.5%)
Canada-$47.9M (-18.8%)
South Korea-$18.8M (-63.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Refined Copper were:
In 2022, United States's main importing competitors in Refined Copper were:
China $34.7B
Germany $5.77B

Explore Visualizations

Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $49.1M
TOP IMPORT POTENTIALCanada+ $166M

Refined Copper’s highest export potential is China. With an export gap of $49.1M.   Refined Copper’s highest import potential is Canada with an import gap of $166M.

See methodology.

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