2023
Exports
$312MWorld Rnk 24 / 195
Flag Rnk 105 / 1202
2023
PRODUCT COMPLEXITY IN Scrap Copper
-1.03Rnk 837 / 1025
2023
Imports
$71.8MWorld Rnk 36 / 140
Flag Rnk 368 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $312M in Scrap Copper, making it the 24th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 105th most exported product in Singapore. The main destination of Scrap Copper exports from Singapore are: China ($119M), Japan ($73.1M), Malaysia ($34.1M), Chinese Taipei ($33.2M), and Germany ($25.3M).

The fastest growing export markets for Scrap Copper of Singapore between 2022 and 2023 were Chinese Taipei ($12M), Germany ($9.41M), and Malaysia ($1.13M).

Imports In 2023, Singapore imported $71.8M in Scrap Copper, becoming the 36th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 368th most imported product in Singapore. Singapore imports Scrap Copper primarily from: Vietnam ($19.9M), New Zealand ($13.5M), Japan ($11.2M), Malaysia ($4.87M), and Saudi Arabia ($4.63M).

The fastest growing import markets in Scrap Copper for Singapore between 2022 and 2023 were New Zealand ($3.56M), United Arab Emirates ($2.48M), and Spain ($2.46M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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)$312M
IMPORTS (2023)$71.8M
NET TRADE (2023)$240M

In 2023, Singapore exported $312M in Scrap Copper. The main destinations of Singapore exports on Scrap Copper were China ($119M), Japan ($73.1M), Malaysia ($34.1M), Chinese Taipei ($33.2M), and Germany ($25.3M).

In 2023, Singapore imported $71.8M in Scrap Copper, mainly from Vietnam ($19.9M), New Zealand ($13.5M), Japan ($11.2M), Malaysia ($4.87M), and Saudi Arabia ($4.63M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Chinese Taipei$12M (56.7%)
Germany$9.41M (59.2%)
Malaysia$1.13M (3.43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Singapore WERE (2022 - 2023):
Japan-$29.1M (-28.5%)
China-$15.6M (-11.6%)
South Korea-$15.6M (-47.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Singapore's main exporting competitors in Scrap Copper were:
In 2023, Singapore'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+ $28.6M
TOP IMPORT POTENTIALMalaysia+ $6.84M

Scrap Copper’s highest export potential is China. With an export gap of $28.6M.   Scrap Copper’s highest import potential is Malaysia with an import gap of $6.84M.

See methodology.

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