Raw Copper in United States | The Observatory of Economic Complexity

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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, INC. (5) and GENERAL MOTORS LLC (2) were at the forefront of shipping Raw Copper to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Raw Copper exports accounted up to $35.4M and imports accounted up to $13.5k, resulting in a positive trade balance of $35.3M. Between February 2023 and February 2024 the exports of United States' Raw Copper have increased by $15.8M (80.6%) from $19.6M to $35.4M, while imports decreased by $-211k (-94%) from $224k to $13.5k.

Destinations In February 2024, Raw Copper were exported mostly to Canada ($33.8M), South Korea ($1.08M), France ($203k), Mexico ($118k), and Costa Rica ($84.5k), and were imported mostly from Spain ($6.37k), Netherlands ($4.52k), Democratic Republic of the Congo ($2.6k), South Korea ($0), and United Kingdom ($0).

Growth In February 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 February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$15.8M(80.6%)

IMPORT GROWTH (February 2023 - February 2024)$-211k(-94%)

MAIN EXPORTER (February 2024)North Carolina$40.8M

MAIN DESTINATION (February 2024)Canada$33.8M

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

Trade Value

Growth

Growth (%)

Year

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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