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2022
Exports $1.54BWorld Rnk 5 / 196
Flag Rnk 47 / 1216
2022
Destination $73M China
2021 - 2022
FASTEST GROWING MARKET $73MGermany
2022
PRODUCT COMPLEXITY IN Scrap Copper-0.9Rnk 809 / 1025
2022
Imports $213MWorld Rnk 26 / 147
Flag Rnk 434 / 1214
2022
Origin $6.31M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $6.31MMauritius
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.54B in Scrap Copper, making it the 5th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 47th most exported product in United Kingdom. The main destination of Scrap Copper exports from United Kingdom are: China ($455M), Germany ($263M), India ($162M), Spain ($110M), and Belgium ($76.7M).

The fastest growing export markets for Scrap Copper of United Kingdom between 2021 and 2022 were Germany ($73M), Japan ($25.3M), and Poland ($12.1M).

Imports In 2022, United Kingdom imported $213M in Scrap Copper, becoming the 26th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 434th most imported product in United Kingdom. United Kingdom imports Scrap Copper primarily from: Netherlands ($62.2M), Ireland ($61.7M), Poland ($17.4M), Hungary ($14.7M), and Kenya ($6.42M).

The fastest growing import markets in Scrap Copper for United Kingdom between 2021 and 2022 were Mauritius ($6.31M), Australia ($3.76M), and Netherlands ($3.46M).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Scrap Copper exports accounted up to £102M and imports accounted up to £10.1M, resulting in a positive trade balance of £91.6M. Between September 2023 and September 2024 the exports of United Kingdom's   Scrap Copper have increased by £14.7M (16.9%) from £87.1M to £102M, while imports decreased by £-1.01M (-9.08%) from £11.1M to £10.1M.

Destinations In September 2024, Scrap Copper were exported mostly to China (£37.7M), India (£9.69M), Belgium (£9.34M), Japan (£8.37M), and Germany (£7.35M), and were imported mostly from Ireland (£4.76M), Netherlands (£2.83M), Germany (£1.1M), United States (£451k), and France (£391k).

Growth In September 2024, the increase in Scrap Copper's year-by-year exports was explained primarily by an increase in exports to Japan (£4.04M or 1.25k%), China (£3.41M or 14.7%), and Germany (£2.3M or 26.9%). In September 2024, the decrease in Scrap Copper's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-3M or -67.1%), Poland (£-1.83M or -95.4%), and Hungary (£-339k or -38.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£14.7M(16.9%)
IMPORT GROWTH (September 2023 - September 2024)£-1.01M(-9.08%)
MAIN EXPORTER (September 2024)Felixstowe£72.9M
MAIN DESTINATION (September 2024)China£37.7M

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 (2022)$1.54B
IMPORTS (2022)$213M
NET TRADE (2022)$1.32B

In 2022, United Kingdom exported $1.54B in Scrap Copper. The main destinations of United Kingdom exports on Scrap Copper were China ($455M), Germany ($263M), India ($162M), Spain ($110M), and Belgium ($76.7M).

In 2022, United Kingdom imported $213M in Scrap Copper, mainly from Netherlands ($62.2M), Ireland ($61.7M), Poland ($17.4M), Hungary ($14.7M), and Kenya ($6.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$73M (38.5%)
Japan$25.3M (92.4%)
Poland$12.1M (91.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY United Kingdom WERE (2021 - 2022):
France-$66.7M (-48%)
Russia-$52.9M (-93.9%)
Malaysia-$48.1M (-86.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Scrap Copper were:
United States $5.05B
Germany $2.23B
Japan $2.02B
In 2022, United Kingdom's main importing competitors in Scrap Copper were:
China $9.38B
Germany $3.52B
South Korea $2.32B

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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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