2025 Apr Colombia Copper scrap (HS 7404) Export Snapshot: Volume Drop

April Trend: Colombia Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw exports decline sharply in April, with value dropping 23.9% MoM to $21.96M and volume falling 25.25% to 2.94M kg, despite a 1.8% rise in unit price to $7.46/kg. The slump follows a 5.61% rebound in March, suggesting renewed pressure, possibly linked to the US 10% tariff imposed on Colombian exports effective April 5.

Table: Colombia Copper Scrap Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

China dominates Colombia's copper scrap exports, accounting for 60.6% of shipments by frequency and 59.3% of value, but only 52.5% of weight—revealing a premium market where China pays more per ton for higher-grade or processed material. India follows as a bulk hub, with 24.6% weight share but just 20.7% value share, suggesting raw-material processing. The value-volume gap highlights China’s demand for quality, while secondary markets like India absorb lower-cost bulk. This structure implies Colombia’s supply chain is optimized for premium buyers, with China as the primary revenue driver.

Table: Colombia Copper Scrap (HS Code 7404) Top Destination Countries (Source: yTrade)

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Colombia HS Code 7404 Breakdown & Value Logic

yTrade data reveals HS Code 7404000010 dominates Colombia's copper scrap exports, accounting for 71% of value ($15.48M) and 65% of volume (1.91M tons) in April 2025. The near-identical value-to-weight ratios across sub-codes (7404000010 and 7404000090) suggest a price-agnostic bulk market, where volume—not unit economics—drives trade. This aligns with Colombia's role as a high-volume, low-margin exporter of raw copper scrap, with no premium differentiation between sub-codes. The absence of unit price data further underscores a commoditized flow. Expect stability in this weight-driven trade pattern unless pricing or quality segmentation emerges.

Table: Colombia (HS Code 7404) Breakdown Details (Source: yTrade)

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Colombia Copper Scrap Buyers List

Table: Colombia Copper Scrap (HS Code 7404) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Colombia Copper scrap Export perform in April?

Exports dropped 23.9% month-on-month to $21.96M, with volume down 25.25% to 2.94M kg. Unit price edged up 1.8% to $7.46/kg.

What are the top Export partners for Colombia Copper scrap?

China Mainland ($11.47M), India ($4.00M), and Tonga ($1.28M) accounted for 76% of total export value.

Who are the major Copper scrap Buyers?

The market is dominated by commodity traders, with AMI Trading USA Inc ($4.28M), TSR Resource GmbH ($4.19M), and OM Commodities LLC ($3.81M) leading volumes.

What is the specific HS Code for this trade?

The data covers HS Code 7404, with significant activity in copper waste and scrap (HS 740400).