2025 Q1 Colombia Copper scrap (HS7404) Export Snapshot: Rebound Trend

Q1 Trend: Colombia Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw mixed export trends in Q1 2025. Unit prices edged up 1.36% MoM in February to $7.37/kg before dipping slightly (-0.59%) in March to $7.33/kg. Export value rebounded 5.61% in March to $28.86M USD after a 10.26% drop the previous month, while shipment volumes followed a similar pattern, rising 6.23% to 3.94M kg. The fluctuations suggest shifting demand or supply conditions in early 2025.

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 51.85% of value but only 46.58% of weight, signaling a premium market demand for higher-grade or processed scrap. India follows as a bulk hub, with a 27.78% weight share but just 22.57% value share, indicating cost-driven raw material flows. The value-volume gap narrows for smaller partners like Kenya and Malawi, suggesting balanced trade dynamics. This structure reveals Colombia’s export strategy prioritizes high-margin markets (China) while maintaining secondary bulk channels (India). The supply chain is value-optimized, leveraging China’s premium pricing and India’s volume capacity.

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 (61.91M USD) and 65% of weight (7.65M tons) in Q1 2025, while other sub-codes like 7404000090 trail significantly. The absence of unit price data suggests a volume-driven market, where bulk shipments of standardized scrap (rather than premium grades) fuel Colombia's HS Code 7404 export strategy. This aligns with global scrap trade trends, where economies of scale outweigh price differentiation for raw copper waste.

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 Q1?

Exports dipped 10% MoM in February to $27.33M but rebounded 6% in March to $28.86M, with unit prices holding steady around $7.33/kg.

What are the top Export partners for Colombia Copper scrap?

China ($42.03M), India ($18.30M), and Kenya ($5.40M) accounted for 78% of total exports.

Who are the major Copper scrap Buyers?

AMI Trading USA Inc ($25.67M) and OM Commodities LLC ($22.33M) dominated, handling 58% of total export value.

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****).

Detailed Monthly Report

Colombia HS7404 Export Snapshot 2025 JAN

Colombia HS7404 Export Snapshot 2025 MAR