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2022
Exports $71MWorld Rnk 19 / 102
Flag Rnk 811 / 1217
2022
Destination $1.61M Canada
2021 - 2022
FASTEST GROWING MARKET $1.61MIndia
2022
PRODUCT COMPLEXITY IN Raw Copper-2.2Rnk 1006 / 1025
2022
Imports $5.92MWorld Rnk 22 / 152
Flag Rnk 1151 / 1216
2022
Origin $178k Zambia
2021 - 2022
FASTEST GROWING ORIGIN $178kUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $71M in Raw Copper, making it the 19th largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 811th most exported product in United States. The main destination of Raw Copper exports from United States are: Canada ($49M), South Korea ($7.69M), India ($4.08M), Malaysia ($1.38M), and Mexico ($1.28M).

The fastest growing export markets for Raw Copper of United States between 2021 and 2022 were India ($1.61M), South Korea ($476k), and Mexico ($457k).

Imports In 2022, United States imported $5.92M in Raw Copper, becoming the 22nd largest importer of Raw Copper in the world. At the same year, Raw Copper was the 1151st most imported product in United States. United States imports Raw Copper primarily from: Zambia ($2.73M), Finland ($1.72M), United Kingdom ($832k), Sweden ($176k), and Netherlands ($108k).

The fastest growing import markets in Raw Copper for United States between 2021 and 2022 were United Kingdom ($178k), Sweden ($176k), and Canada ($88.2k).

COMPANIES In 2023, leading companies such as Tesla (5) and General Motors (2) were at the forefront of shipping Raw Copper to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Raw Copper exports accounted up to $56.4M and imports accounted up to $13.5k, resulting in a positive trade balance of $56.4M. Between August 2023 and August 2024 the exports of United States'   Raw Copper have increased by $26.1M (85.9%) from $30.4M to $56.4M, while imports decreased by $-14.2k (-51.2%) from $27.7k to $13.5k.

Destinations In August 2024, Raw Copper were exported mostly to Canada ($53.1M), South Korea ($1.23M), Malaysia ($975k), Spain ($221k), and France ($210k), and were imported mostly from United Kingdom ($5.33k), Italy ($5.27k), Germany ($2.93k), Democratic Republic of the Congo ($0), and China ($0).

Growth In August 2024, the increase in Raw Copper's year-by-year exports was explained primarily by an increase in exports to Canada ($20.6M or 3.73k%), Mexico ($209k or 2.11k%), and Belgium ($181 or 1.08%). In August 2024, the decrease in Raw Copper's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$26.1M(85.9%)
IMPORT GROWTH (August 2023 - August 2024)$-14.2k(-51.2%)
MAIN EXPORTER (August 2024)North Carolina$44.1M
MAIN DESTINATION (August 2024)Canada$53.1M

This section shows Raw Copper's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Raw Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71M
IMPORTS (2022)$5.92M
NET TRADE (2022)$65.1M

In 2022, United States exported $71M in Raw Copper. The main destinations of United States exports on Raw Copper were Canada ($49M), South Korea ($7.69M), India ($4.08M), Malaysia ($1.38M), and Mexico ($1.28M).

In 2022, United States imported $5.92M in Raw Copper, mainly from Zambia ($2.73M), Finland ($1.72M), United Kingdom ($832k), Sweden ($176k), and Netherlands ($108k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR United States WERE (2021 - 2022):
India$1.61M (65.3%)
South Korea$476k (6.61%)
Mexico$457k (55.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Copper BY United States WERE (2021 - 2022):
Canada-$7.51M (-13.3%)
Belgium-$2.31M (-87.1%)
Cambodia-$923k (-87.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Raw Copper were:
Zambia $6.6B
Chile $2.97B
Bulgaria $1.43B
In 2022, United States's main importing competitors in Raw Copper were:
China $6.42B
Switzerland $3.22B
India $2.06B

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Trade Value of Raw Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $7.67M
TOP IMPORT POTENTIALZambia+ $3.45M

Raw Copper’s highest export potential is Canada. With an export gap of $7.67M.   Raw Copper’s highest import potential is Zambia with an import gap of $3.45M.

See methodology.

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