T-info
T-discovery
My
Tendata
Market Analysis
Customer
Development
Competitor
Monitoring
Customer Relationship
Export News
09-06-2025
In 2024, total international copper ore exports reached an estimated US$102.4 billion.
This figure marks a substantial 76.1% increase from the $58.1 billion recorded in 2020.
On a year-over-year basis, global copper exports rose 8.9% from the $94 billion total in 2023.
The five top exporters—Chile, Peru, Indonesia, Brazil, and Australia—together accounted for approximately 65.4% of the total export value in 2024.
Copper is known for its softness, ductility, and excellent electrical conductivity, making it ideal for electrical wiring—except in overhead power lines, where aluminum is typically favored due to weight and cost considerations.
While nearly 50% of mined copper is allocated to electrical wiring and cabling, it also plays a critical role in electric motors, and is widely used in construction for its resistance to corrosion, commonly found in roofs, gutters, spires, and doors.
When analyzed by region, Latin America (excluding Mexico but including the Caribbean) was responsible for 55% of total copper ore exports. Asia contributed 19.6%, while North America accounted for 10.2%.
Other contributors included Oceania—mainly Australia and Papua New Guinea—at 5.3%, Europe at 5.2%, and Africa at 4.8%.
For reference, the Harmonized Tariff Schedule (HTS) code for copper ores and concentrates is 2603.
Top 25 Copper Ore Exporting Countries in 2024
1.Chile: $30.1B (29.4%)
2.Peru: $20.7B (20.2%)
3.Indonesia: $8B (7.8%)
4.Brazil: $4.2B (4.1%)
5.Australia: $4.1B (4%)
6.Mexico: $3.9B (3.8%)
7.Canada: $3.8B (3.7%)
8.Mongolia: $3.3B (3.2%)
9.Kazakhstan: $3.2B (3.1%)
10.DR Congo: $3B (2.9%)
11.United States: $2.8B (2.7%)
12.Russia: $1.5B (1.4%)
13.Philippines: $1.31B (1.3%)
14.Papua New Guinea: $1.3B (1.3%)
15.Serbia: $1.24B (1.2%)
16.Ecuador: $1.16B (1.1%)
17.Spain: $1B (1%)
18.Taiwan: $742.2M (0.7%)
19.Botswana: $735.9M (0.7%)
20.Saudi Arabia: $694.3M (0.7%)
21.South Korea: $684.9M (0.7%)
22.Türkiye: $661.8M (0.6%)
23.Armenia: $558.3M (0.5%)
24.Bulgaria: $505.1M (0.5%)
25.Laos: $470.2M (0.5%)
Together, these 25 nations were responsible for approximately 97.1% of the world's copper ore exports in 2024.
Leading Growth and Decline Trends
The most notable increases since 2023 came from:
·Papua New Guinea: +183.8%
·Philippines: +76%
·Russia: +53.9%
·Bulgaria: +47.1%
In contrast, the largest declines were seen in:
·South Korea: –55.2%
·Taiwan: –22.2%
·Australia: –8.3%
·Serbia: –7.9%
·Ecuador: –6.1%
Major Copper Ore Exporters (Companies)
(According to Tendata global trade intelligence)
1.MANICA GROUP NAMIBIA PTY LTD – $142.15M (41.49%)
2.MINERA EL ROBLE S.A. – $86.14M (25.15%)
3.ZANGEZUR COPPER MOLYBDENUM COMBINE CJSC – $39.49M (11.53%)
4.CCL INTERNATIONAL TRADING S.A.C. – $11.05M (3.23%)
5.TRIGON MINING NAMIBIA PTY LTD – $10.2M (2.98%)
6.FRONTIER SPRL – $7.73M (2.26%)
7.MINERA XIONGLI S.A.C. – $7.38M (2.15%)
8.INTERLOGIX NAMIBIA PTY LTD – $5.99M (1.75%)
9.WT BUSINESS GROUP PTY LTD – $3.01M (0.88%)
10.PAN AMERICAN SILVER BOLIVIA S.A. – $2.88M (0.84%)
Tendata can help you quickly acquire a large number of potential customers, and also understand the key information of target customers such as purchase frequency, purchase volume, purchase cycle, etc., and analyze the purchase habits and actual needs of potential customers.
On the basis of analyzing and evaluating your own products, you also need to study the products of your competitors. Through comparison and analysis, find out the advantages and disadvantages of your own products and find the market gap, so that you can better understand the dynamics and changes of the market.
Tendata not only has powerful analysis functions, but also comes with a contact database. With just one click, you can view the detailed information of key decision makers such as purchasers and executives, including their emails, LinkedIn and Facebook social accounts. What's more convenient is that the platform also directly links to the world's mainstream social media platforms such as LinkedIn, providing a convenient channel for companies to quickly establish contact with target objects.
>>Request A Free Demo from Tendata<<
Category
Leave Message for Demo Request or Questions
