🇺🇸 United States imports of copper ingots: 2024 trade data
In 2024, the United States imported copper ingots worth $8.42 billion (911.1 thousand tonnes). That makes it the 2nd largest importer of this product worldwide, out of 184 countries. Value rose 21% on 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of copper ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $8.42B | 911.1K t |
| 2023 | $6.95B | 810.7K t |
| 2022 | $6.27B | 706.0K t |
| 2021 | $9.39B | 989.1K t |
| 2020 | $4.36B | 701.4K t |
| 2019 | $4.10B | 682.3K t |
| 2018 | $4.98B | 753.8K t |
| 2017 | $5.25B | 846.3K t |
Where the United States imports copper ingots from
Chile alone supplied 70% of it. Among the main suppliers, DR Congo grew fastest (+182% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇱 Chile | $5.85B | 70% |
| 🇨🇦 Canada | $1.40B | 17% |
| 🇵🇪 Peru | $568.1M | 6.8% |
| 🇨🇩 DR Congo | $298.7M | 3.6% |
| 🇲🇽 Mexico | $158.6M | 1.9% |
| 🇨🇳 China | $39.6M | 0.5% |
| 🇿🇲 Zambia | $25.5M | 0.3% |
| 🇯🇵 Japan | $17.3M | 0.2% |
| 🇨🇬 Republic of the Congo | $13.3M | 0.2% |
| 🇩🇪 Germany | $7.1M | 0.1% |
Types of copper ingots under HS 7403
| 7403.11 | Copper: refined, unwrought, cathodes and sections of cathodes | 98% |
| 7403.21 | Copper: copper-zinc base alloys (brass) unwrought | 1.5% |
| 7403.19 | Copper: refined, unwrought, n.e.c. in item no. 7403.1 | 0.2% |
| 7403.22 | Copper: copper-tin base alloys (bronze) unwrought | 0.2% |
| 7403.13 | Copper: refined, unwrought, billets | 0.1% |
| 7403.29 | Copper: copper alloys n.e.c. in heading no. 7403 (other than master alloys of heading no. 7405) | 0.1% |
| 7403.12 | Copper: refined, unwrought, wire-bars | 0% |
Codes and full descriptions: HS heading 7403.
Average import price of copper ingots
The average declared value was about $9.24 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.
The United States also exports copper ingots
Exports of copper ingots by the United States reached $1.69 billion in 2024 (186.7 thousand tonnes). Its share of world exports was 2%. Mexico alone took 83% of it. Among the main buyer markets, Mexico grew fastest (+114% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇲🇽 Mexico | $1.40B | 83% |
| 🇨🇦 Canada | $95.0M | 5.6% |
| 🇲🇾 Malaysia | $36.2M | 2.2% |
| 🇫🇮 Finland | $34.9M | 2.1% |
| 🇨🇳 China | $31.7M | 1.9% |
| 🇩🇪 Germany | $30.2M | 1.8% |
| 🇳🇱 Netherlands | $23.5M | 1.4% |
| 🇰🇷 South Korea | $10.0M | 0.6% |
| 🇧🇪 Belgium | $5.7M | 0.3% |
| 🇸🇬 Singapore | $4.1M | 0.2% |
Who is behind these numbers in the United States?
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.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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.
Copper ingots trade in the United States: questions
What is the value of copper ingots imported by the United States?
The United States imported copper ingots worth $8.42 billion in 2024 (911.1 thousand tonnes).
Where does the United States import copper ingots from?
The main supplier countries in 2024 were Chile (70%), Canada (17%), Peru (7%).
What is the average import price of copper ingots in the United States?
The average declared import value was about $9.24 per kg in 2024, against a world average of $9.12 per kg.
Does the United States export copper ingots?
Yes. The United States exported copper ingots worth $1.69 billion in 2024, mainly to Mexico, Canada, Malaysia.
What is the HS code for copper ingots?
Copper ingots falls under HS heading 7403 (Copper; refined and copper alloys, unwrought). The six-digit codes under it split the product by type.
How can I find the companies trading copper ingots with the United States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Copper ingots trade in other countries
More trade data for the United States
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