2023
Exports
$124MWorld Rnk 43 / 195
Flag Rnk 390 / 1212
2023
PRODUCT COMPLEXITY IN Scrap Copper
-1.03Rnk 837 / 1025
2023
Imports
$1.63BWorld Rnk 3 / 140
Flag Rnk 59 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $124M in Scrap Copper, making it the 43rd largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 390th most exported product in India. The main destination of Scrap Copper exports from India are: China ($60.3M), South Korea ($25.7M), Germany ($12.9M), Chinese Taipei ($6.93M), and Japan ($6.32M).

The fastest growing export markets for Scrap Copper of India between 2022 and 2023 were South Korea ($14.7M), Germany ($8.12M), and Chinese Taipei ($6.93M).

Imports In 2023, India imported $1.63B in Scrap Copper, becoming the 3rd largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 59th most imported product in India. India imports Scrap Copper primarily from: Saudi Arabia ($293M), United States ($226M), Germany ($159M), United Kingdom ($155M), and United Arab Emirates ($96.8M).

The fastest growing import markets in Scrap Copper for India between 2022 and 2023 were Saudi Arabia ($43.7M), Colombia ($22.9M), and Malaysia ($10.9M).

Latest Trends

Jan 2025

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 (2023)$124M
IMPORTS (2023)$1.63B
NET TRADE (2023)-$1.5B

In 2023, India exported $124M in Scrap Copper. The main destinations of India exports on Scrap Copper were China ($60.3M), South Korea ($25.7M), Germany ($12.9M), Chinese Taipei ($6.93M), and Japan ($6.32M).

In 2023, India imported $1.63B in Scrap Copper, mainly from Saudi Arabia ($293M), United States ($226M), Germany ($159M), United Kingdom ($155M), and United Arab Emirates ($96.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR India WERE (2022 - 2023):
South Korea$14.7M (134%)
Germany$8.12M (170%)
Chinese Taipei$6.93M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY India WERE (2022 - 2023):
United Arab Emirates-$24.2M (-92.2%)
China-$20.9M (-25.7%)
Japan-$2.16M (-25.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $86.2M
TOP IMPORT POTENTIALUnited States+ $73.9M

Scrap Copper’s highest export potential is China. With an export gap of $86.2M.   Scrap Copper’s highest import potential is United States with an import gap of $73.9M.

See methodology.

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