2023
Exports
$55.1MWorld Rnk 63 / 195
Flag Rnk 233 / 1200
2023
PRODUCT COMPLEXITY IN Scrap Copper
-1.03Rnk 837 / 1025
2023
Imports
$97.5MWorld Rnk 31 / 140
Flag Rnk 353 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $55.1M in Scrap Copper, making it the 63rd largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 233rd most exported product in Russia. The main destination of Scrap Copper exports from Russia are: China ($54.7M), Germany ($380k), Kazakhstan ($2.08k), and Latvia ($336).

The fastest growing export markets for Scrap Copper of Russia between 2022 and 2023 were China ($43.8M) and Latvia ($336).

Imports In 2023, Russia imported $97.5M in Scrap Copper, becoming the 31st largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 353rd most imported product in Russia. Russia imports Scrap Copper primarily from: Kyrgyzstan ($80.9M), Morocco ($16.7M), and Turkey ($100).

The fastest growing import markets in Scrap Copper for Russia between 2022 and 2023 were Morocco ($10.3M) and Turkey ($100).

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)$55.1M
IMPORTS (2023)$97.5M
NET TRADE (2023)-$42.5M

In 2023, Russia exported $55.1M in Scrap Copper. The main destinations of Russia exports on Scrap Copper were China ($54.7M), Germany ($380k), Kazakhstan ($2.08k), and Latvia ($336).

In 2023, Russia imported $97.5M in Scrap Copper, mainly from Kyrgyzstan ($80.9M), Morocco ($16.7M), and Turkey ($100).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Russia WERE (2022 - 2023):
China$43.8M (405%)
Latvia$336 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Russia WERE (2022 - 2023):
United Arab Emirates-$11.3M (-100%)
Kyrgyzstan-$1.05M (-100%)
Netherlands-$196k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.7M
TOP IMPORT POTENTIALGermany+ $9.17M

Scrap Copper’s highest export potential is China. With an export gap of $15.7M.   Scrap Copper’s highest import potential is Germany with an import gap of $9.17M.

See methodology.

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