Unrefined copper exports from Namibia: data, top buyers and prices
Namibia exported $345.9 million of unrefined copper in 2024 (26.1 thousand tonnes). That makes it the 10th largest exporter of this product worldwide, out of 104 countries. That is 129% more than in 2023. Over 2017-2024 it shrank by about 9% a year on average. The peak in this period was 2018, at $1.30 billion.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $345.9M | 26.1K t |
| 2023 | $151.3M | 11.8K t |
| 2022 | $87.4M | 8.9K t |
| 2021 | $284.5M | 29.5K t |
| 2020 | $500.2M | 52.5K t |
| 2019 | $388.4M | 46.9K t |
| 2018 | $1.30B | 59.5K t |
| 2017 | $674.7M | 85.9K t |
Where Namibia exports unrefined copper to
Belgium alone took 100% of it. Among the main buyer markets, Belgium grew fastest (+138% on the year before).
| Destination | Value | Share |
|---|---|---|
| Belgium | $345.9M | 100% |
| Cote d'Ivoire | $2K | 0% |
| Cyprus | $1K | 0% |
| Angola | $0K | 0% |
| Netherlands | $0K | 0% |
| South Africa | $0K | 0% |
| United Kingdom | $0K | 0% |
Average export price per kg
The average declared value was about $13.27 per kg, 42% above the world average of $9.36. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Namibia?
The shipment records behind Namibia unrefined copper exports (HS 7402): 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 7402: Copper; unrefined, copper anodes for electrolytic refining.
Common questions
What is the value of unrefined copper exported by Namibia?
Namibia exported unrefined copper worth $345.9 million in 2024, the latest year with complete public data, about 26.1 thousand tonnes. That ranks it 10th of 104 countries worldwide, with 2% of world exports. The value was up 129% on 2023.
Which countries buy unrefined copper from Namibia?
Belgium was the largest buyer with 100% of the value ($345.9 million), followed by Cote d'Ivoire (0%) and Cyprus (0%). The top three together account for 100%, out of 7 buyer countries in total. Belgium grew fastest among the top ten, up 138% on the year.
What is the average export price of unrefined copper per kg?
The average declared export value was about $13.27 per kg in 2024, 42% above the world average of $9.36 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of unrefined copper from Namibia changed since 2017?
Exports went from $674.7 million in 2017 to $345.9 million in 2024, a fall of 49%. The peak was 2018 at $1.30 billion. Over 8 years the average was $466.1 million a year.
What is the HS code for unrefined copper?
The HS code for unrefined copper is heading 7402. In Namibia all of this trade was declared under the six-digit code 7402.00. It sits in HS chapter 74 (copper and articles thereof). The full list of codes and descriptions is on the HS 7402 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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