Philippines | Imports and Exports | World | Copper ores and concentrates | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 2603 "Copper ores and concentrates" from Philippines totalled $ 741 million in 2023. Sales of commodity group 2603 from Philippines went up by 84% compared to 2022: exports of commodity group 2603 "Copper ores and concentrates" went up by $ 339 million (cumulative exports of commodity group 2603 from Philippines amounted $401 million in 2022)
Exports of commodity group 2603 "Copper ores and concentrates" amounted to 1.01% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 2603 in total exports from Philippines increased by 0.507 p.p. compared to 2022 (it was 0.509% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).
Exports of commodity group 2603 amounted to 33% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $2.23 billion in 2023). The share of exports of commodity group 2603 in sales of commodity group from Philippines increased by 13.6 p.p. compared to 2022 (it was 19.6% in 2022, and exports of commodity group from Philippines were $2.04 billion).
Where does Philippines export Copper ores and concentrates?
Top export destinations of "Copper ores and concentrates" from Philippines in 2023:
- China with a share of 46% (347 million US$)
- Japan with a share of 18.8% (139 million US$)
- Singapore with a share of 15.4% (114 million US$)
- India with a share of 9.93% (73 million US$)
- Korea with a share of 8.8% (65 million US$)
- Indonesia - 596 thousand US$
- Malaysia - 79 thousand US$
- Other Asia, nes - 16 thousand US$
- United Arab Emirates - 8.75 thousand US$
Exports structure of 2603 - Copper ores and concentrates - from Philippines in 2023 represented by the following main commodity groups:
- 100% (741 million US$): 260300 - Copper ores & concentrates
The value of imports of commodity group 2603 "Copper ores and concentrates" to Philippines totalled $ 3.26 billion in 2023. Sales of commodity group 2603 to Philippines went up by 163% compared to 2022: imports of commodity group 2603 "Copper ores and concentrates" went up by $ 2.02 billion (the value of imports of commodity group 2603 to Philippines was equal to $1.24 billion in 2022)
Imports of commodity group 2603 "Copper ores and concentrates" accounted for 2.44% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 2603 in total imports to Philippines increased by 1.59 p.p. compared to 2022 (it was 0.851% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).
Imports of commodity group 2603 reached 81% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $3.99 billion in 2023). The share of purchases of commodity group 2603 in total imports of commodity group to Philippines increased by 17.4 p.p. compared to 2022 (it was 64% in 2022, and imports of commodity group to Philippines accounted for $1.93 billion).
Where does Philippines import Copper ores and concentrates from?
Top trading partners (import of "Copper ores and concentrates") of Philippines in 2023:
- Australia with a share of 56% (1.84 billion US$)
- Indonesia with a share of 20% (679 million US$)
- Canada with a share of 4.68% (152 million US$)
- Papua New Guinea with a share of 4.45% (145 million US$)
- Mexico with a share of 3.7% (120 million US$)
- Peru with a share of 2.02% (66 million US$)
- Serbia with a share of 1.95% (63 million US$)
- Chile with a share of 1.82% (59 million US$)
- Myanmar with a share of 1.69% (55 million US$)
- Brazil with a share of 1.59% (51 million US$)
Imports structure of 2603 - Copper ores and concentrates - to Philippines in 2023 represented by the following main commodity groups:
- 100% (3.26 billion US$): 260300 - Copper ores & concentrates
