Scrap Copper in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $1.54B in Scrap Copper, making it the 5th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 47th most exported product in United Kingdom. The main destination of Scrap Copper exports from United Kingdom are: China ($455M), Germany ($263M), India ($162M), Spain ($110M), and Belgium ($76.7M).

The fastest growing export markets for Scrap Copper of United Kingdom between 2021 and 2022 were Germany ($73M), Japan ($25.3M), and Poland ($12.1M).

Imports In 2022, United Kingdom imported $213M in Scrap Copper, becoming the 26th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 434th most imported product in United Kingdom. United Kingdom imports Scrap Copper primarily from: Netherlands ($62.2M), Ireland ($61.7M), Poland ($17.4M), Hungary ($14.7M), and Kenya ($6.42M).

The fastest growing import markets in Scrap Copper for United Kingdom between 2021 and 2022 were Mauritius ($6.31M), Australia ($3.76M), and Netherlands ($3.46M).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Scrap Copper exports accounted up to £95.2M and imports accounted up to £9.45M, resulting in a positive trade balance of £85.7M. Between February 2023 and February 2024 the exports of United Kingdom's Scrap Copper have decreased by £-13.4M (-12.4%) from £109M to £95.2M, while imports decreased by £-204k (-2.12%) from £9.66M to £9.45M.

Destinations In February 2024, Scrap Copper were exported mostly to China (£44.6M), Germany (£7.96M), India (£5.45M), Hong Kong (£5.33M), and Belgium (£4.9M), and were imported mostly from Netherlands (£4.16M), Ireland (£3.83M), Germany (£541k), France (£269k), and United States (£165k).

Growth In February 2024, the decrease in Scrap Copper's year-by-year exports was explained primarily by a decrease in exports to Italy (£-2.61M or -54.3%), Malaysia (£-794k or -94.4%), and India (£-787k or -12.5%). In February 2024, the decrease in Scrap Copper's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-3M or -67.1%), Poland (£-1.83M or -95.4%), and Hungary (£-339k or -38.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-13.4M(-12.4%)

IMPORT GROWTH (February 2023 - February 2024)£-204k(-2.12%)

MAIN EXPORTER (February 2024)Felixstowe£46.2M

MAIN DESTINATION (February 2024)China£44.6M

This section shows Scrap Copper's exports and imports data at subnational level for United Kingdom. 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 Scrap Copper over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.54B

IMPORTS (2022)$213M

NET TRADE (2022)$1.32B

In 2022, United Kingdom exported $1.54B in Scrap Copper. The main destinations of United Kingdom exports on Scrap Copper were China ($455M), Germany ($263M), India ($162M), Spain ($110M), and Belgium ($76.7M).

In 2022, United Kingdom imported $213M in Scrap Copper, mainly from Netherlands ($62.2M), Ireland ($61.7M), Poland ($17.4M), Hungary ($14.7M), and Kenya ($6.42M).

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