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740400 (Harmonized System 1992 for 6-digit)

2023
World Trade $32.7BRnk 90 / 4644
2023
Top Exporter | Top Importer $4.68B | $12.5BUnited States | China
2023
Product Complexity -1.06Rnk 3876 / 4656
2022 - 2023
Export Growth (CAGR) -8.58%Rnk 2546 / 4644
2023
Share of World Trade 0.14%Rnk 90 / 4644

About

Overview This page contains the latest trade data of Copper/copper alloy waste or scrap. In 2023, Copper/copper alloy waste or scrap were the world's 90th most traded product, with a total trade of $32.7B. Between 2022 and 2023 the exports of Copper/copper alloy waste or scrap decreased by -8.58%, from $35.7B to $32.7B. Trade in Copper/copper alloy waste or scrap represent 0.14% of total world trade.

Copper/copper alloy waste or scrap are a part of Scrap Copper.

Exports In 2023 the top exporters of Copper/copper alloy waste or scrap  were United States ($4.68B), Japan ($2.43B), Germany ($2.27B), United Kingdom ($1.51B), and France ($1.49B).

Imports In 2023 the top importers of Copper/copper alloy waste or scrap were China ($12.5B), Germany ($3.14B), India ($1.63B), Belgium ($1.56B), and Japan ($1.55B).

Ranking Copper/copper alloy waste or scrap ranks 3876th in the Product Complexity Index (PCI).

Description Copper has a wide range of uses. It is used in computer boards, the insulation for electrical wiring, and in the production of coins, jewelry, and musical instruments. Copper is also used in the production of stainless steel. Copper can be re-melted and reused.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Copper/copper alloy waste or scrap. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$4.68B
Top Destination (2023)China$12.5B

In 2023 Copper/copper alloy waste or scrap were the world's 90th most traded product (out of 4,644).

In 2023, the top exporters of Copper/copper alloy waste or scrap were United States ($4.68B), Japan ($2.43B), Germany ($2.27B), United Kingdom ($1.51B), and France ($1.49B).

In 2023, the top importers of Copper/copper alloy waste or scrap were China ($12.5B), Germany ($3.14B), India ($1.63B), Belgium ($1.56B), and Japan ($1.55B).

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Exporters of Copper/copper alloy waste or scrap (2023)
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Importers of Copper/copper alloy waste or scrap (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$318M
Top Destination Growth (2022 -  2023)China$868M

Between 2022 and 2023, the exports of Copper/copper alloy waste or scrap grew the fastest in Japan ($318M), South Korea ($272M), Italy ($213M), Australia ($76.2M), and Saudi Arabia ($51.6M).

Between 2022 and 2023, the fastest growing importers of Copper/copper alloy waste or scrap were China ($868M), Morocco ($172M), Vietnam ($59.1M), Thailand ($43.2M), and Finland ($37.9M).

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Exporters of Copper/copper alloy waste or scrap (2022 - 2023)

Importers of Copper/copper alloy waste or scrap (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Copper/copper alloy waste or scrap.

In 2023, market concentration measured using Shannon Entropy, was 5.29. This means that most of the exports of Copper/copper alloy waste or scrap are explained by 39 countries.

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Value of Exports in Copper/copper alloy waste or scrap

Net Trade

TOP NET EXPORTER (2023)United States$3.99B
TOP NET IMPORTER (2023)China$12.2B

This map shows which countries export or import more of Copper/copper alloy waste or scrap. Each country is colored based on the difference in exports and imports of Copper/copper alloy waste or scrap during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Copper/copper alloy waste or scrap were United States ($3.99B), United Kingdom ($1.35B), Saudi Arabia ($1.25B), France ($1.18B), and Mexico ($922M).

In 2023, the countries that had a largest trade value in imports than in exports of Copper/copper alloy waste or scrap were China ($12.2B), India ($1.5B), Belgium ($1.22B), Germany ($873M), and South Korea ($787M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Copper/copper alloy waste or scrap.
It is possible to select the main countries that export or import Copper/copper alloy waste or scrap in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Copper/copper alloy waste or scrap by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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