2025 Jul Colombia Copper scrap (HS 7404) Export Snapshot: Surge & Price Rise

July Trend: Colombia Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw exports rebound sharply in July, with value surging 42.4% MoM to $35.81M and volume up 34.5% to 4.43M kg. The unit price rose 5.9% to $8.09/kg, marking a recovery from June’s dip. Despite the strong monthly performance, year-to-date trends remain volatile, with April and June posting steep declines. No specific regulatory or trade events were flagged in July to explain the swing. Colombia’s copper scrap trade continues to exhibit pronounced month-to-month fluctuations.

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 74.7% of value but only 69.6% of weight, signaling a premium market where higher-grade or processed scrap commands a price premium. India, the second-largest destination, shows a value-volume gap (13.6% value vs. 17.4% weight), acting as a bulk hub for raw or lower-value material. The remaining markets (Thailand, Brazil, etc.) follow a similar bulk-leaning trend, suggesting Colombia’s export strategy prioritizes cost-efficient volume trade over high-margin specialization. This structure indicates a supply chain optimized for mass throughput, with China as the sole premium buyer.

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, capturing 73% of shipments and 76% of value—despite identical product descriptions, its higher volume (3.05M weight units) and value density (27.07M USD) suggest a bulk-driven market favoring standardized scrap. The remaining sub-codes (e.g., 7404000090) trail at half the volume, reinforcing a volume-over-pricing dynamic. This confirms Colombia’s HS Code 7404 export thrives on economies of scale, not premium differentiation.

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 July?

Colombia's copper scrap exports surged 42% month-on-month to $35.81M in July, with volumes up 35% to 4.43M kg. Unit prices rose 5.9% to $8.09/kg.

What are the top Export partners for Colombia Copper scrap?

China dominated with $21.91M (2.58M kg), followed by India ($4.00M) and Thailand ($904K).

Who are the major Copper scrap Buyers?

The market is led by trading firms like AMI Trading USA Inc ($10.96M) and OM Commodities LLC ($7.61M).

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****).