Copper ingots exports from Morocco: data, top buyers and prices
Exports of copper ingots by Morocco reached $332.5 million in 2024 (35.7 thousand tonnes). That is 735% more than in 2023. Over 2017-2024 the trade grew strongly, by about 75% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $332.5M | 35.7K t |
| 2023 | $39.8M | 6.2K t |
| 2022 | $36.4M | 5.4K t |
| 2021 | $49.8M | 7.4K t |
| 2020 | $21.3M | 4.2K t |
| 2019 | $5.5M | 1.2K t |
| 2018 | $19.5M | 3.2K t |
| 2017 | $6.5M | 1.1K t |
Where Morocco exports copper ingots to
One buyer market dominates: China accounted for 93% of the value. Among the main buyer markets, China grew fastest (+711% on the year before).
| Destination | Value | Share |
|---|---|---|
| China | $310.6M | 93% |
| Belgium | $14.5M | 4.4% |
| Italy | $3.8M | 1.1% |
| Taiwan | $3.1M | 0.9% |
| Malaysia | $317K | 0.1% |
| Spain | $206K | 0.1% |
| Benin | $11K | 0% |
| Saudi Arabia | $2K | 0% |
| Portugal | $1K | 0% |
| Thailand | $0K | 0% |
Product types under HS 7403
| 7403.11 | Copper: refined, unwrought, cathodes and sections of cathodes | 68% |
| 7403.19 | Refined copper other forms | 23% |
| 7403.21 | Brass ingots | 8.3% |
| 7403.12 | Copper wire-bars | 0.7% |
| 7403.13 | Copper billets | 0.2% |
| 7403.29 | Copper alloy ingots other | 0% |
Codes and full descriptions: HS heading 7403.
Average export price per kg
The average declared value was about $9.31 per kg, close to the world average of $9.12.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Copper ingots imports to Morocco
Morocco imported $14.2 million of copper ingots in 2024 (1.3 thousand tonnes). One supplier dominates: Portugal accounted for 72% of the value. Among the main suppliers, Portugal grew fastest (+210% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Portugal | $10.2M | 72% |
| Spain | $3.4M | 24% |
| France | $351K | 2.5% |
| Italy | $75K | 0.5% |
| Netherlands | $39K | 0.3% |
| Germany | $33K | 0.2% |
| Belgium | $20K | 0.1% |
| Turkey | $10K | 0.1% |
| United States | $2K | 0% |
| China | $0K | 0% |
Who is behind these numbers in Morocco?
The shipment records behind Morocco copper ingots exports (HS 7403): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
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 7403: Copper; refined and copper alloys, unwrought.
Common questions
What is the value of copper ingots exported by Morocco?
Morocco exported copper ingots worth $332.5 million in 2024, the latest year with complete public data, about 35.7 thousand tonnes. That ranks it 36th of 150 countries worldwide, with 0% of world exports. The value was up 735% on 2023.
Which countries buy copper ingots from Morocco?
China was the largest buyer with 93% of the value ($310.6 million), followed by Belgium (4%) and Italy (1%). The top three together account for 99%, out of 11 buyer countries in total. China grew fastest among the top ten, up 711% on the year.
What is the average export price of copper ingots per kg?
The average declared export value was about $9.31 per kg in 2024, close to the world average of $9.12 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of copper ingots from Morocco changed since 2017?
Exports went from $6.5 million in 2017 to $332.5 million in 2024. 2024 was the highest year in the period. Over 8 years the average was $63.9 million a year.
Does Morocco also import copper ingots?
Yes. Morocco imported $14.2 million worth of this product in 2024, mainly from Portugal, Spain and France. On balance Morocco is a net exporter of this product, by about $318.4 million a year.
What is the HS code for copper ingots?
The HS code for copper ingots is heading 7403. In Morocco the largest six-digit codes were 7403.11 (68% of the value) and 7403.19 (23%).
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Morocco. Tell us your product to see it live.
Same product, other countries
Copper ingots product types in Morocco
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.