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Copper; unrefined, copper anodes for electrolytic refining

7402 (Harmonized System 1992 for 4-digit)

2023
World Trade $16.1BRnk 250 / 1217
2023
Top Exporter | Top Importer $6.95B | $6.13BZambia | China
2023
Product Complexity -2.24Rnk 1025 / 1044
2022 - 2023
Export Growth (CAGR) -9.57%Rnk 731 / 1217
2023
Share of World Trade 0.071%Rnk 250 / 1217

About

Overview This page contains the latest trade data of Raw Copper. In 2023, Raw Copper were the world's 250th most traded product, with a total trade of $16.1B. Between 2022 and 2023 the exports of Raw Copper decreased by -9.57%, from $17.8B to $16.1B. Trade in Raw Copper represent 0.071% of total world trade.

Raw Copper are a part of Copper articles. They include Unrefined Copper & Copper Anodes for Electrolytic Refining.

Exports In 2023 the top exporters of Raw Copper  were Zambia ($6.95B), Chile ($2.16B), Democratic Republic of the Congo ($1.41B), Bulgaria ($1.03B), and Sweden ($997M).

Imports In 2023 the top importers of Raw Copper were China ($6.13B), Switzerland ($3.15B), India ($2.05B), Belgium ($1.73B), and Canada ($1.28B).

Ranking Raw Copper ranks 1025th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Raw Copper. 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)Zambia$6.95B
Top Destination (2023)China$6.13B

In 2023 Raw Copper were the world's 250th most traded product (out of 1,217).

In 2023, the top exporters of Raw Copper were Zambia ($6.95B), Chile ($2.16B), Democratic Republic of the Congo ($1.41B), Bulgaria ($1.03B), and Sweden ($997M).

In 2023, the top importers of Raw Copper were China ($6.13B), Switzerland ($3.15B), India ($2.05B), Belgium ($1.73B), and Canada ($1.28B).

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Exporters of Raw Copper (2023)
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Importers of Raw Copper (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$997M
Top Destination Growth (2022 -  2023)Belgium$625M

Between 2022 and 2023, the exports of Raw Copper grew the fastest in Sweden ($997M), Zambia ($342M), United States ($172M), Peru ($119M), and Russia ($108M).

Between 2022 and 2023, the fastest growing importers of Raw Copper were Belgium ($625M), Finland ($306M), Australia ($121M), Kazakhstan ($110M), and Sweden ($48.1M).

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Exporters of Raw Copper (2022 - 2023)

Importers of Raw Copper (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Raw Copper.

In 2023, market concentration measured using Shannon Entropy, was 3.18. This means that most of the exports of Raw Copper are explained by 9 countries.

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Value of Exports in Raw Copper

Net Trade

TOP NET EXPORTER (2023)Zambia$6.95B
TOP NET IMPORTER (2023)China$6.12B

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

In 2023, the countries that had a largest trade value in exports than in imports of Raw Copper were Zambia ($6.95B), Chile ($2.16B), Democratic Republic of the Congo ($1.41B), Bulgaria ($1.03B), and Sweden ($949M).

In 2023, the countries that had a largest trade value in imports than in exports of Raw Copper were China ($6.12B), Switzerland ($3.15B), India ($2.03B), Belgium ($1.73B), and Canada ($1.27B).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Raw Copper by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $21.5M
TOP IMPORT POTENTIALSouth Africa+ $30.1k

Raw Copper’s highest export potential is Germany. With an export gap of $21.5M.  Raw Copper’s highest import potential is South Africa with an import gap of $30.1k.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Raw Copper.

Country by Relatedness

The following visualization shows the relatedness of Raw Copper to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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