Australia | Imports and Exports | World | Copper and articles thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 74 "Copper and articles thereof" from Australia totalled $ 4.13 billion in 2023. Sales of commodity group 74 from Australia went up by 5.06% compared to 2022: exports of commodity group 74 "Copper and articles thereof" went up by $ 199 million (cumulative exports of commodity group 74 from Australia amounted $3.93 billion in 2022)
Exports of commodity group 74 "Copper and articles thereof" amounted to 1.11% of total exports from Australia (cumulative merchandise exports from Australia totalled $ 369 billion in 2023). The share of commodity group 74 in total exports from Australia increased by 0.16 p.p. compared to 2022 (it was 0.959% in 2022 and cumulative exports from Australia were equal to $ 410 billion).
Where does Australia export Copper and articles thereof?
Top export destinations of "Copper and articles thereof" from Australia in 2023:
- China with a share of 46% (1.91 billion US$)
- Malaysia with a share of 20% (845 million US$)
- Thailand with a share of 7.86% (325 million US$)
- Other Asia, nes with a share of 7.27% (300 million US$)
- Korea with a share of 6.14% (253 million US$)
- Vietnam with a share of 3.24% (134 million US$)
- Bangladesh with a share of 2.69% (111 million US$)
- Indonesia with a share of 2.15% (89 million US$)
- USA - 39 million US$
- Hong Kong - 35 million US$
Exports structure of 74 - Copper and articles thereof - from Australia in 2023 represented by the following main commodity groups:
- 81% (3.37 billion US$): 7403 - Refined copper and copper alloys, unwrought.
- 14.6% (603 million US$): 7404 - Copper waste and scrap
- 1.52% (62 million US$): 7412 - Copper tube or pipe fittings (for example, couplings, elbows, sleeves)
- 1.03% (42 million US$): 7406 - Copper powders and flakes
- 0.666% (27 million US$): 7410 - Copper foil (whether or not printed or backed with paper, paperboard, plastics or similar backing materials) of a thickness (excluding any backing) not exceeding 0.15 mm
- 0.166% (6.88 million US$): 7415 - Nails, tacks, drawing pins, staples (other than those of heading 83.05) and similar articles, of copper or of iron or steel with heads of copper; screws, bolts, nuts, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of copper
- 0.118% (4.9 million US$): 7408 - Copper wire.
- 0.078% (3.24 million US$): 7407 - Copper bars, rods and profiles
- 0.041% (1.72 million US$): 7411 - Copper tubes and pipes.
- 0.034% (1.43 million US$): 7419 - Other articles of copper
The value of imports of commodity group 74 "Copper and articles thereof" to Australia totalled $ 889 million in 2023. Sales of commodity group 74 to Australia decreased by 10.1% in value terms compared to 2022. imports of commodity group 74 "Copper and articles thereof" decreased by $ 100 million (the value of imports of commodity group 74 to Australia was equal to $990 million in 2022)
Imports of commodity group 74 "Copper and articles thereof" accounted for 0.309% of total import flow to Australia (in 2023, total imports to Australia amounted to $ 287 billion). The share of commodity group 74 in total imports to Australia decreased by 0.011 p.p. compared to 2022 (it was 0.32% in 2022 and cumulative imports to Australia were equal to $ 309 billion).
Where does Australia import Copper and articles thereof from?
Top trading partners (import of "Copper and articles thereof") of Australia in 2023:
- China with a share of 26% (236 million US$)
- Malaysia with a share of 16.2% (144 million US$)
- United Arab Emirates with a share of 8.94% (79 million US$)
- Korea with a share of 7.43% (66 million US$)
- Other Asia, nes with a share of 6.16% (54 million US$)
- Philippines with a share of 5.49% (48 million US$)
- Indonesia with a share of 4.86% (43 million US$)
- Thailand with a share of 3.23% (28 million US$)
- Germany with a share of 2.54% (22 million US$)
- Vietnam with a share of 2.25% (20 million US$)
Imports structure of 74 - Copper and articles thereof - to Australia in 2023 represented by the following main commodity groups:
- 28% (253 million US$): 7408 - Copper wire.
- 16.5% (147 million US$): 7412 - Copper tube or pipe fittings (for example, couplings, elbows, sleeves)
- 14.4% (128 million US$): 7411 - Copper tubes and pipes.
- 13.1% (116 million US$): 7407 - Copper bars, rods and profiles
- 6.3% (56 million US$): 7402 - Unrefined copper; copper anodes for electrolytic refining
- 5.5% (49 million US$): 7418 - Table, kitchen or other household articles and parts thereof, of copper; pot scourers and scouring or polishing pads, gloves and the like, of copper; sanitary ware and parts thereof, of copper
- 4.46% (39 million US$): 7409 - Copper plates, sheets and strip, of a thickness exceeding 0.15 mm
- 2.41% (21 million US$): 7419 - Other articles of copper
- 2.3% (20 million US$): 7401 - Copper mattes; cement copper (precipitated copper).
- 1.96% (17.4 million US$): 7403 - Refined copper and copper alloys, unwrought.
