2025 May Colombia Copper scrap (HS 7404) Export Snapshot: Surge in Exports

May Trend: Colombia Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw a sharp rebound in May, with export value surging 49.51% MoM to $32.83M USD and volume climbing 39.96% to 4.12M kg. The unit price rose 6.82% to $7.97/kg, marking the highest level since January. This follows a steep 23.90% drop in value and 25.25% contraction in volume in April, suggesting volatile demand shifts. No direct news triggers explain the swing, but broader tariff adjustments on metals may be influencing trade flows.

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 68.25% of value but only 64.83% of weight, signaling a slight premium for higher-grade material. India, the second-largest partner, shows a starker value-volume gap (13.79% value vs. 17.28% weight), acting as a bulk processing hub for lower-value scrap. The remaining markets (e.g., Malaysia, Tonga) follow a balanced weight-value ratio, suggesting standardized trade flows. This structure reveals Colombia’s export strategy prioritizes China’s demand for quality while leveraging India for volume offloading—a cost-efficient but bifurcated supply chain.

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 75.5% of value and 69.17% of weight, signaling a bulk-volume market where scale trumps unit price differentiation. The near-identical weight-to-value ratios across sub-codes (7404000010 vs. 7404000090) suggest Colombia’s HS Code 7404 Export is commoditized, with buyers prioritizing raw volume over quality tiers. This low-margin, high-throughput dynamic aligns with global scrap metal trends, where logistics efficiency often outweighs product refinement.

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 May?

Exports surged 49.51% month-on-month to $32.83M, with volumes up 39.96% to 4.12M kg. Unit prices rose 6.82% to $7.97/kg.

What are the top Export partners for Colombia Copper scrap?

China Mainland ($20.87M), India ($4.21M), and Malaysia ($2.18M) accounted for 83% of total exports.

Who are the major Copper scrap Buyers?

OM Commodities LLC ($8.91M), AMI Trading USA Inc ($6.92M), and TSR Resource GmbH & Co. KG ($6.73M) dominated buyer activity.

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****).