2022
Exports
$2.47BWorld Rnk 12 / 140
Flag Rnk 259 / 1216
2022
PRODUCT COMPLEXITY IN Refined Copper
-1.43Rnk 938 / 1025
2022
Imports
$34.7BWorld Rnk 1 / 184
Flag Rnk 10 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.47B in Refined Copper, making it the 12th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 259th most exported product in China. The main destination of Refined Copper exports from China are: China ($721M), Chinese Taipei ($644M), South Korea ($416M), Vietnam ($390M), and Thailand ($93.9M).

The fastest growing export markets for Refined Copper of China between 2021 and 2022 were China ($276M), Chinese Taipei ($80.9M), and South Korea ($23.3M).

Imports In 2022, China imported $34.7B in Refined Copper, becoming the 1st largest importer of Refined Copper in the world. At the same year, Refined Copper was the 10th most imported product in China. China imports Refined Copper primarily from: Chile ($7.7B), Democratic Republic of the Congo ($6.72B), Russia ($2.87B), Kazakhstan ($2.33B), and South Korea ($1.94B).

The fastest growing import markets in Refined Copper for China between 2021 and 2022 were Russia ($1.58B), Chile ($1.11B), and Democratic Republic of the Congo ($865M).

COMPANIES In 2023, leading companies such as Cinmar (24), CrimsonLogic (8), and L'Oreal (4) were at the forefront of shipping Refined Copper from China to the United States.

Latest Trends

Jul 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 Refined 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)$2.47B
IMPORTS (2022)$34.7B
NET TRADE (2022)-$32.2B

In 2022, China exported $2.47B in Refined Copper. The main destinations of China exports on Refined Copper were China ($721M), Chinese Taipei ($644M), South Korea ($416M), Vietnam ($390M), and Thailand ($93.9M).

In 2022, China imported $34.7B in Refined Copper, mainly from Chile ($7.7B), Democratic Republic of the Congo ($6.72B), Russia ($2.87B), Kazakhstan ($2.33B), and South Korea ($1.94B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR China WERE (2021 - 2022):
China$276M (62.1%)
Chinese Taipei$80.9M (14.4%)
South Korea$23.3M (5.92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY China WERE (2021 - 2022):
Thailand-$283M (-75.1%)
Indonesia-$145M (-64.8%)
Singapore-$20M (-42.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Refined Copper were:
In 2022, China's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $34.6M
TOP IMPORT POTENTIALRussia+ $1.14B

Refined Copper’s highest export potential is South Korea. With an export gap of $34.6M.   Refined Copper’s highest import potential is Russia with an import gap of $1.14B.

See methodology.

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