2022
Exports
$903MWorld Rnk 10 / 196
Flag Rnk 89 / 1193
2022
PRODUCT COMPLEXITY IN Scrap Copper
-0.9Rnk 809 / 1025
2022
Imports
$102MWorld Rnk 32 / 147
Flag Rnk 475 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $903M in Scrap Copper, making it the 10th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 89th most exported product in Mexico. The main destination of Scrap Copper exports from Mexico are: United States ($299M), China ($227M), South Korea ($178M), Brazil ($59.8M), and Japan ($39.9M).

The fastest growing export markets for Scrap Copper of Mexico between 2021 and 2022 were South Korea ($45.4M), Germany ($12M), and United States ($9.9M).

Imports In 2022, Mexico imported $102M in Scrap Copper, becoming the 32nd largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 475th most imported product in Mexico. Mexico imports Scrap Copper primarily from: United States ($96.4M), France ($1.54M), Colombia ($1.49M), Brazil ($1.12M), and Nicaragua ($983k).

The fastest growing import markets in Scrap Copper for Mexico between 2021 and 2022 were United States ($24.4M), Brazil ($1.12M), and Belgium ($42.3k).

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)$903M
IMPORTS (2022)$102M
NET TRADE (2022)$801M

In 2022, Mexico exported $903M in Scrap Copper. The main destinations of Mexico exports on Scrap Copper were United States ($299M), China ($227M), South Korea ($178M), Brazil ($59.8M), and Japan ($39.9M).

In 2022, Mexico imported $102M in Scrap Copper, mainly from United States ($96.4M), France ($1.54M), Colombia ($1.49M), Brazil ($1.12M), and Nicaragua ($983k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
South Korea$45.4M (34.2%)
Germany$12M (136%)
United States$9.9M (3.43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Mexico WERE (2021 - 2022):
Hong Kong-$14.7M (-55.3%)
Brazil-$14.4M (-19.5%)
China-$8.97M (-3.81%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Scrap Copper were:
In 2022, Mexico'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+ $84.1M
TOP IMPORT POTENTIALUnited States+ $16.5M

Scrap Copper’s highest export potential is China. With an export gap of $84.1M.   Scrap Copper’s highest import potential is United States with an import gap of $16.5M.

See methodology.

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