2022
Exports
$459MWorld Rnk 17 / 196
Flag Rnk 61 / 1208
2022
PRODUCT COMPLEXITY IN Scrap Copper
-0.9Rnk 809 / 1025
2022
Imports
$14.5MWorld Rnk 49 / 147
Flag Rnk 733 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $459M in Scrap Copper, making it the 17th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 61st most exported product in Australia. The main destination of Scrap Copper exports from Australia are: China ($178M), Thailand ($82.4M), South Korea ($81.1M), Hong Kong ($31.4M), and Malaysia ($21.7M).

The fastest growing export markets for Scrap Copper of Australia between 2021 and 2022 were Thailand ($51M), Hong Kong ($14.2M), and Chinese Taipei ($7.62M).

Imports In 2022, Australia imported $14.5M in Scrap Copper, becoming the 49th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 733rd most imported product in Australia. Australia imports Scrap Copper primarily from: New Zealand ($5.7M), Papua New Guinea ($2.95M), Fiji ($1.68M), New Caledonia ($1.57M), and India ($1.07M).

The fastest growing import markets in Scrap Copper for Australia between 2021 and 2022 were India ($750k), Papua New Guinea ($424k), and Canada ($282k).

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 Scrap 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)$459M
IMPORTS (2022)$14.5M
NET TRADE (2022)$444M

In 2022, Australia exported $459M in Scrap Copper. The main destinations of Australia exports on Scrap Copper were China ($178M), Thailand ($82.4M), South Korea ($81.1M), Hong Kong ($31.4M), and Malaysia ($21.7M).

In 2022, Australia imported $14.5M in Scrap Copper, mainly from New Zealand ($5.7M), Papua New Guinea ($2.95M), Fiji ($1.68M), New Caledonia ($1.57M), and India ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Thailand$51M (163%)
Hong Kong$14.2M (82.8%)
Chinese Taipei$7.62M (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Australia WERE (2021 - 2022):
Malaysia-$46.1M (-67.9%)
China-$15.6M (-8.03%)
India-$11.3M (-35.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Scrap Copper were:
In 2022, Australia's main importing competitors in Scrap Copper were:

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $39.6M
TOP IMPORT POTENTIALUnited States+ $727k

Scrap Copper’s highest export potential is China. With an export gap of $39.6M.   Scrap Copper’s highest import potential is United States with an import gap of $727k.

See methodology.

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