Copper Alloys in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $4.96M in Copper Alloys, making it the 12th largest exporter of Copper Alloys in the world. At the same year, Copper Alloys was the 1130th most exported product in China. The main destination of Copper Alloys exports from China are: South Korea ($1.21M), Vietnam ($1.11M), Japan ($904k), Australia ($466k), and Mexico ($219k).

The fastest growing export markets for Copper Alloys of China between 2021 and 2022 were Vietnam ($273k), South Korea ($243k), and Mexico ($219k).

Imports In 2022, China imported $228M in Copper Alloys, becoming the 1st largest importer of Copper Alloys in the world. At the same year, Copper Alloys was the 492nd most imported product in China. China imports Copper Alloys primarily from: Democratic Republic of the Congo ($199M), Kazakhstan ($15M), Singapore ($10.4M), United States ($1.73M), and Australia ($888k).

The fastest growing import markets in Copper Alloys for China between 2021 and 2022 were Democratic Republic of the Congo ($94.1M), United States ($1.48M), and Australia ($888k).

COMPANIES In 2023, leading companies such as GROUPE SEB USA (11), MYSTIC APPAREL LLC (10), and SCHAEFFLER GROUP (3) were at the forefront of shipping Copper Alloys from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Copper Alloys exports accounted up to $1.64M and imports accounted up to $2.95M, resulting in a negative trade balance of $1.3M. Between March 2023 and March 2024 the exports of China's Copper Alloys have increased by $1.09M (196%) from $556k to $1.64M, while imports decreased by $-15.2M (-83.8%) from $18.2M to $2.95M.

Destinations In March 2024, Copper Alloys were exported mostly to United Arab Emirates ($749k), South Korea ($384k), Japan ($384k), and Vietnam ($125k), and were imported mostly from Democratic Republic of the Congo ($2.44M), Kazakhstan ($430k), United Kingdom ($71.6k), United States ($5.92k), and Japan ($981).

Growth In March 2024, the increase in Copper Alloys's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($698 or 1.55k%) and Hong Kong ($327 or 1.36k%). In March 2024, the decrease in Copper Alloys's year-by-year imports was explained primarily by a decrease in imports from Kazakhstan ($-305k or -53.8%) and Japan ($-42.9k or -88.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$1.09M(196%)

IMPORT GROWTH (March 2023 - March 2024)$-15.2M(-83.8%)

MAIN EXPORTER (March 2024)Zhejiang Province$910k

MAIN DESTINATION (March 2024)United Arab Emirates$749k

This section shows Copper Alloys's exports and imports data at subnational level for China. 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 Copper Alloys over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.96M

IMPORTS (2022)$228M

NET TRADE (2022)-$223M

In 2022, China exported $4.96M in Copper Alloys. The main destinations of China exports on Copper Alloys were South Korea ($1.21M), Vietnam ($1.11M), Japan ($904k), Australia ($466k), and Mexico ($219k).

In 2022, China imported $228M in Copper Alloys, mainly from Democratic Republic of the Congo ($199M), Kazakhstan ($15M), Singapore ($10.4M), United States ($1.73M), and Australia ($888k).

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