2025 Jun Colombia Copper scrap (HS 7404) Export Snapshot: Vol Dip

June Trend: Colombia Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw exports decline in June, with value dropping 23.4% MoM to $25.15M and volume falling 20.1% to 3.29M kg. The unit price also dipped 4.1% to $7.65/kg, reversing May’s sharp 6.8% increase. This follows a volatile Q2, where April’s steep contractions gave way to a May rebound before June’s pullback. The downturn aligns with Colombia’s delayed customs overhaul (Decree 659/2024), potentially disrupting trade flows. Exporters also face new FX regulations, adding operational friction since April.

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 70.1% of value versus 65.3% of weight, signaling a premium market demand for higher-grade material. India and Malaysia follow with balanced value-weight ratios (11-14%), acting as secondary hubs for mid-tier scrap. Notably, Pakistan’s 1.7% weight share dwarfs its 0.2% value share, revealing a bulk processing role for low-value scrap. The structure highlights Colombia’s export focus on quality-driven markets, with China’s premium pull shaping trade flows. Supply chains prioritize high-margin buyers, sacrificing diversification for concentrated value capture.

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 70% of value and 64% of shipments—far outpacing the remaining sub-codes combined. The absence of unit price data suggests a volume-driven market, where bulk weight (2.09M tons) trumps premium pricing, typical for raw material exports. This Colombia HS Code 7404 Export pattern confirms a low-margin, high-volume trade, prioritizing scale over product differentiation. The near-identical weight-to-value ratios (63-70%) reinforce commoditized pricing. Expect stability in this bulk-driven segment unless global copper demand shifts radically.

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 June?

Exports dropped 23.4% month-on-month to $25.15M, with volumes down 20.1% to 3.29M kg. Unit prices fell 4.1% to $7.65/kg.

What are the top Export partners for Colombia Copper scrap?

China Mainland ($15.76M), India ($2.53M), and Malaysia ($2.39M) accounted for 75% of total export value.

Who are the major Copper scrap Buyers?

The market is concentrated among trading firms, with AMI Trading USA Inc ($6.88M), OM Commodities LLC ($5.80M), and TSR Resource GmbH ($5.58M) leading.

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****).