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Pricing

2022
Exports | Imports $821M | $6.16BWorld Rnk 25 / 140
Flag Rnk 286 / 1217
World Rnk 2 / 184
Flag Rnk 102 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $14.8M | $593MUnited Kingdom |  Mexico
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Refined Copper-1.45Rnk 940 / 1025

About

Exports In 2022, United States exported $821M in Refined Copper, making it the 25th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 286th most exported product in United States. The main destination of Refined Copper exports from United States are: Mexico ($510M), Canada ($206M), China ($25.1M), United Kingdom ($16M), and Netherlands ($14.4M).

The fastest growing export markets for Refined Copper of United States between 2021 and 2022 were United Kingdom ($14.8M), Netherlands ($10.3M), and Spain ($3.12M).

Imports In 2022, United States imported $6.16B in Refined Copper, becoming the 2nd largest importer of Refined Copper in the world. At the same year, Refined Copper was the 102nd most imported product in United States. United States imports Refined Copper primarily from: Chile ($3.61B), Canada ($1.17B), Mexico ($689M), Peru ($467M), and Democratic Republic of the Congo ($89.6M).

The fastest growing import markets in Refined Copper for United States between 2021 and 2022 were Mexico ($593M), Peru ($219M), and China ($2.63M).

COMPANIES In 2023, leading companies such as CINMAR LLC (924), AT HOME PROCUREMENT INC (52), and AMERICAN OMNI TRADING (47) were at the forefront of shipping Refined Copper to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Refined Copper exports accounted up to $110M and imports accounted up to $774M, resulting in a negative trade balance of $664M. Between January 2023 and January 2024 the exports of United States'   Refined Copper have increased by $29.3M (36.1%) from $81.2M to $110M, while imports increased by $459M (145%) from $315M to $774M.

Destinations In January 2024, Refined Copper were exported mostly to Mexico ($87.2M), Canada ($17.1M), Malaysia ($2.16M), Germany ($1.46M), and China ($1.23M), and were imported mostly from Chile ($588M), Canada ($98.2M), Peru ($77.4M), Mexico ($7.33M), and Japan ($1.59M).

Growth In January 2024, the increase in Refined Copper's year-by-year exports was explained primarily by an increase in exports to Mexico ($28.5M or 87.6%), Spain ($632k or 1.83k%), and Canada ($585k or 4.21%). In January 2024, the increase in Refined Copper's year-by-year imports was explained primarily by an increase in imports from Canada ($14.4M or 13.7%), Israel ($3.72M or 1.06k%), and Germany ($2.91M or 243%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$29.3M(36.1%)
IMPORT GROWTH (January 2023 - January 2024)$459M(145%)
MAIN EXPORTER (January 2024)Texas$69.3M
MAIN DESTINATION (January 2024)Mexico$87.2M

This section shows Refined 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 Refined Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$821M
IMPORTS (2022)$6.16B
NET TRADE (2022)-$5.34B

In 2022, United States exported $821M in Refined Copper. The main destinations of United States exports on Refined Copper were Mexico ($510M), Canada ($206M), China ($25.1M), United Kingdom ($16M), and Netherlands ($14.4M).

In 2022, United States imported $6.16B in Refined Copper, mainly from Chile ($3.61B), Canada ($1.17B), Mexico ($689M), Peru ($467M), and Democratic Republic of the Congo ($89.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR United States WERE (2021 - 2022):
United Kingdom$14.8M (1.17k%)
Netherlands$10.3M (256%)
Spain$3.12M (1.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY United States WERE (2021 - 2022):
Mexico-$783M (-60.5%)
Canada-$47.9M (-18.8%)
South Korea-$18.8M (-63.9%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Refined Copper were:
Chile $18.4B
Democratic Republic of the Congo $16.3B
Russia $6.58B
In 2022, United States's main importing competitors in Refined Copper were:
China $34.7B
Germany $5.77B

Explore Visualizations

Trade Value of Refined Copper by Exporters

Keep Exploring

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