Copper ore imports in Namibia: data, top suppliers and prices
Imports of copper ore by Namibia reached $364.7 million in 2024 (141.7 thousand tonnes). Value rose 49% on 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2020, at $566.0 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $364.7M | 141.7K t |
| 2023 | $244.4M | 110.1K t |
| 2022 | $297.5M | 94.8K t |
| 2021 | $308.7M | 113.4K t |
| 2020 | $566.0M | 228.8K t |
| 2019 | $437.5M | 225.5K t |
| 2018 | $351.7M | 178.1K t |
| 2017 | $301.8M | 170.0K t |
Where Namibia imports copper ore from
Peru alone supplied 70% of it. Among the main suppliers, Bulgaria grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| Peru | $255.1M | 70% |
| Bulgaria | $80.0M | 22% |
| Chile | $29.7M | 8.2% |
| South Africa | $1K | 0% |
| Netherlands | $0K | 0% |
| Hong Kong | $0K | 0% |
| Zambia | $0K | 0% |
Average import price per kg
The average declared value was about $2.57 per kg, close to the world average of $2.42.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Copper ore exports from Namibia
Exports of copper ore by Namibia reached $210.2 million in 2024 (75.5 thousand tonnes). The largest buyer markets were Bulgaria (46%), Malaysia (27%), South Korea (14%). Among the main buyer markets, China grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Bulgaria | $96.7M | 46% |
| Malaysia | $57.3M | 27% |
| South Korea | $30.0M | 14% |
| China | $26.2M | 13% |
| Vietnam | $51K | 0% |
| South Africa | $3K | 0% |
| Spain | $1K | 0% |
| Austria | $1K | 0% |
| United Kingdom | $1K | 0% |
| Germany | $0K | 0% |
Who is behind these numbers in Namibia?
The shipment records behind Namibia copper ore imports (HS 2603): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 2603: Copper ores and concentrates.
Common questions
What is the value of copper ore imported by Namibia?
Namibia imported copper ore worth $364.7 million in 2024, the latest year with complete public data, about 141.7 thousand tonnes. That ranks it 15th of 104 countries worldwide, with 0% of world imports. The value was up 49% on 2023.
Which countries supply copper ore to Namibia?
Peru was the largest supplier with 70% of the value ($255.1 million), followed by Bulgaria (22%) and Chile (8%). The top three together account for 100%, out of 7 supplier countries in total. Peru grew fastest among the top ten, up 30% on the year.
What is the average import price of copper ore per kg?
The average declared import value was about $2.57 per kg in 2024, 6% above the world average of $2.42 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of copper ore to Namibia changed since 2017?
Imports went from $301.8 million in 2017 to $364.7 million in 2024, an increase of 21%. The peak was 2020 at $566.0 million. Over 8 years the average was $359.0 million a year.
Does Namibia also export copper ore?
Yes. Namibia exported $210.2 million worth of this product in 2024, mainly to Bulgaria, Malaysia and South Korea. On balance Namibia is a net importer of this product, by about $154.5 million a year.
What is the HS code for copper ore?
The HS code for copper ore is heading 2603. In Namibia all of this trade was declared under the six-digit code 2603.00. It sits in HS chapter 26 (ores, slag and ash). The full list of codes and descriptions is on the HS 2603 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Namibia. Tell us your product to see it live.
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