2023
Exports
$1.51BWorld Rnk 4 / 195
Flag Rnk 45 / 1216
2023
PRODUCT COMPLEXITY IN Scrap Copper
-1.03Rnk 837 / 1025
2023
Imports
$159MWorld Rnk 26 / 140
Flag Rnk 493 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $1.51B in Scrap Copper, making it the 4th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 45th most exported product in United Kingdom. The main destination of Scrap Copper exports from United Kingdom are: China ($590M), Germany ($161M), India ($155M), Spain ($111M), and Belgium ($91.8M).

The fastest growing export markets for Scrap Copper of United Kingdom between 2022 and 2023 were China ($68.2M), Japan ($34.5M), and Hong Kong ($16.7M).

Imports In 2023, United Kingdom imported $159M in Scrap Copper, becoming the 26th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 493rd most imported product in United Kingdom. United Kingdom imports Scrap Copper primarily from: Ireland ($67.2M), Netherlands ($50.6M), Germany ($10.3M), United States ($4.57M), and Hungary ($4.53M).

The fastest growing import markets in Scrap Copper for United Kingdom between 2022 and 2023 were Germany ($6.11M), Ireland ($4.06M), and Senegal ($1.9M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£7.74M(7.81%)
IMPORT GROWTH (November 2023 - November 2024)£-699k(-6.97%)
MAIN EXPORTER (November 2024)Felixstowe£72.9M
MAIN DESTINATION (November 2024)China£48.8M

This section shows Scrap 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 Scrap Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.51B
IMPORTS (2023)$159M
NET TRADE (2023)$1.35B

In 2023, United Kingdom exported $1.51B in Scrap Copper. The main destinations of United Kingdom exports on Scrap Copper were China ($590M), Germany ($161M), India ($155M), Spain ($111M), and Belgium ($91.8M).

In 2023, United Kingdom imported $159M in Scrap Copper, mainly from Ireland ($67.2M), Netherlands ($50.6M), Germany ($10.3M), United States ($4.57M), and Hungary ($4.53M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
China$68.2M (13.1%)
Japan$34.5M (84.2%)
Hong Kong$16.7M (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY United Kingdom WERE (2022 - 2023):
Germany-$122M (-43.2%)
Italy-$39.9M (-59.4%)
France-$16.2M (-30.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Scrap Copper were:
In 2023, United Kingdom's main importing competitors in Scrap Copper were:
China $12.5B
Germany $3.14B
India $1.63B

Explore Visualizations

Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $125M
TOP IMPORT POTENTIALUnited States+ $8.22M

Scrap Copper’s highest export potential is China. With an export gap of $125M.   Scrap Copper’s highest import potential is United States with an import gap of $8.22M.

See methodology.

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