Copper matte trade by country: top importers, exporters and prices
World trade in copper matte was worth $1.04 billion in 2024, about 271.5 thousand tonnes. That is an increase of 23% since 2017, and down 21% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.04B | 271.5K t |
| 2023 | $1.33B | 249.8K t |
| 2022 | $1.67B | 267.8K t |
| 2021 | $1.62B | 312.1K t |
| 2020 | $1.21B | 401.8K t |
| 2019 | $1.10B | 378.0K t |
| 2018 | $1.21B | 559.6K t |
| 2017 | $847.8M | 404.9K t |
Top copper matte exporting countries
Exports are led by Canada (22%), Finland (20%) and Mexico (8%). 76 countries reported exports, and the top three account for 51%.
| Exporter | Value | Share |
|---|---|---|
| Canada | $229.5M | 22% |
| Finland | $212.0M | 20% |
| Mexico | $86.4M | 8.3% |
| Cambodia | $73.6M | 7.1% |
| Germany | $67.4M | 6.5% |
| South Korea | $32.4M | 3.1% |
| Thailand | $31.0M | 3% |
| Australia | $25.9M | 2.5% |
| Indonesia | $21.9M | 2.1% |
| Peru | $19.2M | 1.8% |
| France | $18.9M | 1.8% |
| India | $18.0M | 1.7% |
Top importing countries and buyer markets
The largest importers are Russia (20%), China (20%) and South Korea (18%). 103 countries imported it, and the top three take 58% of the value.
| Importer | Value | Share |
|---|---|---|
| Russia | $211.8M | 20% |
| China | $206.1M | 20% |
| South Korea | $191.9M | 18% |
| Norway | $120.1M | 12% |
| Belgium | $106.0M | 10% |
| Finland | $38.3M | 3.7% |
| Australia | $30.5M | 2.9% |
| Bulgaria | $27.3M | 2.6% |
| Thailand | $26.8M | 2.6% |
| Cambodia | $25.9M | 2.5% |
| Germany | $15.6M | 1.5% |
| Malaysia | $13.3M | 1.3% |
Average price per kg
The world average declared value was about $3.84 per kg in 2024. Among the main exporters, Finland averaged $9.11 per kg and Thailand $2.46 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7401: Copper mattes; cement copper (precipitated copper). HS 7401 codes.
Common questions
Which countries export the most copper matte?
Canada exported $229.5 million in 2024, 22% of the world total, followed by Finland (20%) and Mexico (8%). In all, 76 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most copper matte?
Russia imported $211.8 million in 2024, 20% of world imports, ahead of China (20%) and South Korea (18%). The top three importers together take 58%. Each country with its own page is linked from the table.
How big is the world trade in copper matte?
It was worth $1.04 billion in 2024, about 271.5 thousand tonnes. That is an increase of 23% since 2017. The peak year was 2022 at $1.67 billion. 76 countries reported exports and 103 reported imports.
What is the average price of copper matte per kg?
The world average declared value was about $3.84 per kg in 2024. Among the main exporters, Finland averaged $9.11 per kg and Thailand $2.46 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for copper matte?
The HS code for copper matte is heading 7401, in chapter 74 (copper and articles thereof). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 7401 page.
How can I find copper matte buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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