Sri Lanka | Imports and Exports | World | Copper and articles thereof | Value (US$) and Value Growth, YoY (%) | 2011 - 2023
The value of exports of commodity group 74 "Copper and articles thereof" from Sri Lanka totalled $ 17.8 million in 2023. Sales of commodity group 74 from Sri Lanka went up by 29% compared to 2022: exports of commodity group 74 "Copper and articles thereof" went up by $ 4.05 million (cumulative exports of commodity group 74 from Sri Lanka amounted $13.8 million in 2022)
Exports of commodity group 74 "Copper and articles thereof" amounted to 0.148% of total exports from Sri Lanka (cumulative merchandise exports from Sri Lanka totalled $ 12 billion in 2023). The share of commodity group 74 in total exports from Sri Lanka increased by 0.046 p.p. compared to 2022 (it was 0.101% in 2022 and cumulative exports from Sri Lanka were equal to $ 13.5 billion).
Where does Sri Lanka export Copper and articles thereof?
Top export destinations of "Copper and articles thereof" from Sri Lanka in 2023:
- India with a share of 48% (8.63 million US$)
- China with a share of 35% (6.28 million US$)
- Other Asia, nes with a share of 14.2% (2.53 million US$)
- Germany - 161 thousand US$
- Maldives - 115 thousand US$
- Malaysia - 75 thousand US$
- Seychelles - 11.2 thousand US$
- Switzerland - 10.7 thousand US$
- USA - 5.78 thousand US$
- Areas, nes - 5.2 thousand US$
Exports structure of 74 - Copper and articles thereof - from Sri Lanka in 2023 represented by the following main commodity groups:
- 49% (8.79 million US$): 7403 - Refined copper and copper alloys, unwrought.
- 37% (6.76 million US$): 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
- 5.29% (946 thousand US$): 7408 - Copper wire.
- 4.34% (775 thousand US$): 7404 - Copper waste and scrap
- 1.75% (313 thousand US$): 7412 - Copper tube or pipe fittings (for example, couplings, elbows, sleeves)
- 0.68% (121 thousand US$): 7411 - Copper tubes and pipes.
- 0.426% (76 thousand US$): 7419 - Other articles of copper
- 0.224% (40 thousand US$): 7409 - Copper plates, sheets and strip, of a thickness exceeding 0.15 mm
- 0.096% (17.1 thousand US$): 7407 - Copper bars, rods and profiles
- 0.011% (2.02 thousand US$): 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
The value of imports of commodity group 74 "Copper and articles thereof" to Sri Lanka totalled $ 76 million in 2023. Sales of commodity group 74 to Sri Lanka decreased by 15.2% in value terms compared to 2022. imports of commodity group 74 "Copper and articles thereof" decreased by $ 13.7 million (the value of imports of commodity group 74 to Sri Lanka was equal to $90 million in 2022)
Imports of commodity group 74 "Copper and articles thereof" accounted for 0.466% of total import flow to Sri Lanka (in 2023, total imports to Sri Lanka amounted to $ 16.3 billion). The share of commodity group 74 in total imports to Sri Lanka decreased by 0.047 p.p. compared to 2022 (it was 0.514% in 2022 and cumulative imports to Sri Lanka were equal to $ 17.5 billion).
Where does Sri Lanka import Copper and articles thereof from?
Top trading partners (import of "Copper and articles thereof") of Sri Lanka in 2023:
- United Arab Emirates with a share of 44% (33 million US$)
- India with a share of 21% (16.6 million US$)
- China with a share of 9.16% (7.01 million US$)
- Germany with a share of 6.67% (5.1 million US$)
- Malaysia with a share of 4.3% (3.29 million US$)
- USA with a share of 3.07% (2.35 million US$)
- Japan with a share of 1.97% (1.51 million US$)
- South Africa with a share of 1.88% (1.43 million US$)
- Other Asia, nes with a share of 1.4% (1.07 million US$)
- Thailand - 584 thousand US$
Imports structure of 74 - Copper and articles thereof - to Sri Lanka in 2023 represented by the following main commodity groups:
- 63% (48 million US$): 7408 - Copper wire.
- 11.3% (8.67 million US$): 7404 - Copper waste and scrap
- 5.91% (4.52 million US$): 7407 - Copper bars, rods and profiles
- 5.47% (4.19 million US$): 7409 - Copper plates, sheets and strip, of a thickness exceeding 0.15 mm
- 4.56% (3.49 million US$): 7411 - Copper tubes and pipes.
- 2.07% (1.58 million US$): 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
- 1.98% (1.51 million US$): 7403 - Refined copper and copper alloys, unwrought.
- 1.87% (1.43 million US$): 7419 - Other articles of copper
- 1.41% (1.08 million US$): 7412 - Copper tube or pipe fittings (for example, couplings, elbows, sleeves)
- 1.05% (810 thousand US$): 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
