2025 Mar Colombia Copper scrap (HS 7404) Export Snapshot: Volume Rises

March Trend: Colombia Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw a 5.61% month-on-month increase in export value to $28.86M USD in March, despite a slight 0.59% dip in unit price to $7.33/kg. Shipment volume rebounded 6.23% to 3.94M kg, recovering from February's 11.46% contraction. The uptick aligns with broader trade policy shifts, including updated tariffs under the Trump administration's March 4 directives, which may have spurred accelerated shipments. Colombia's export flows remain volatile, with unit prices fluctuating within a narrow $7.28-$7.37/kg band this quarter. Market participants are likely adjusting to new tariff realities while capitalizing on price stability.

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 58.8% of value but just 50.9% of weight—a Value-Volume Gap signaling premium demand for higher-grade material. India follows as a bulk hub (36% value vs. 43% weight), suggesting cost-driven processing of raw scrap. The remaining markets (Malaysia, Tonga, U.S.) are marginal, with aligned value-weight ratios, indicating standardized trade flows. This structure reveals Colombia’s export strategy: prioritizing China’s premium market while leveraging India for volume efficiency. The supply chain is bifurcated—high-value focus vs. bulk logistics.

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 65.6% of shipments by value (18.83M USD) and 58.3% by weight (2.29M metric tons) in March 2025. The identical unit price absence across sub-codes (7404000010 and 7404000090) suggests bulk-driven trade, where volume—not quality—dictates the Colombia HS Code 7404 Export market. With both sub-codes sharing the same product description ("Copper; waste and scrap"), the split likely reflects logistical or regulatory classifications rather than material differentiation. This confirms a low-margin, high-volume commodity trade, where scale outweighs premium pricing.

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 March?

Exports rose 5.61% month-on-month to $28.86M, with volumes up 6.23% to 3.94M kg. Unit prices dipped 0.59% to $7.33/kg.

What are the top Export partners for Colombia Copper scrap?

1. China ($15.04M, 1.81M kg)
2. India ($9.22M, 1.53M kg)
3. Malaysia ($351.37K, 41.12K kg)

Who are the major Copper scrap Buyers?

The market is dominated by bulk commodity traders, led by OM COMMODITIES LLC ($9.84M) and AMI TRADING USA INC ($7.01M).

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****).