2025 Feb Paraguay Copper scrap (HS 7404) Export Snapshot: Surge in Volumes

February Trend: Paraguay Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw a sharp rise in Paraguay's exports in February, with shipment volumes jumping 74% MoM to 706.38K kg. The total export value surged 74.5% to $5.69M, while unit prices held steady at $8.06/kg, up marginally by 0.09% from January. The rebound in trade activity follows a slower start to the year, with no major external disruptions reported.

Table: Paraguay Copper Scrap Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Brazil dominates Paraguay's copper scrap exports, accounting for 36.2% of value and 34.5% of weight, revealing a balanced value-volume gap—indicating stable demand for mid-grade scrap without premium pricing. Japan and India follow with higher value ratios (15.5%, 14.7%) than weight shares (14.5%, 13.9%), suggesting selective demand for higher-quality material. The US and China show tighter alignment, reflecting bulk trade dynamics. The structure points to a cost-efficient supply chain, with Brazil serving as the primary hub for raw scrap, while niche markets (Japan/India) absorb premium grades. Strategic focus remains on volume-driven trade with marginal premium opportunities.

Table: Paraguay Copper Scrap (HS Code 7404) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 7404 Breakdown & Value Logic

yTrade data reveals Paraguay’s HS Code 7404 exports are entirely dominated by Copper waste and scrap (74040000), accounting for 100% of volume (706.38K kg) and value ($5.69M). The absence of unit price data suggests a bulk-driven market, where Paraguay’s HS Code 7404 Export hinges on raw volume over premium pricing. With no competing sub-codes, the trade is singularly focused on low-margin, high-volume scrap—confirming a commodity market reliant on scale rather than value-added processing.

Table: Paraguay (HS Code 7404) Breakdown Details (Source: yTrade)

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Paraguay Copper Scrap Buyers List

Table: Paraguay Copper Scrap (HS Code 7404) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Copper scrap Export perform in February?

Exports surged 74% month-on-month to $5.69M, with volumes up 74% to 706.38K kg. Unit prices held steady at $8.06/kg (+0.09% MoM).

What are the top Export partners for Paraguay Copper scrap?

Brazil ($2.06M), Japan ($882.28K), and India ($834.42K) were the top destinations.

Who are the major Copper scrap Buyers?

Cosmet Latam LLC ($2.06M) and Olympic Metals LLC ($882.28K) dominated purchases, indicating concentrated 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).