2025 Mar Paraguay Copper scrap (HS 7404) Export Snapshot: Vol Dip

March Trend: Paraguay Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw a 23% drop in export value to $4.38M USD in March, with volume down 22% to 547.66K kg. The unit price dipped slightly to $8.00/kg, marking a 0.73% decline from February. This follows a sharp 74% surge in both value and volume the previous month, suggesting volatility in Paraguay's copper scrap trade. No specific external events were tied to the downturn. The data reflects a pullback after February's exceptional performance.

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 47.2% of value vs. 44.6% of weight, signaling a premium market where higher-value scrap meets demand for refined or specialized copper products. India, the second-largest destination, shows a tighter value-weight alignment (18.4% vs. 19.7%), suggesting bulk processing or intermediary trade. The value-volume gap narrows further for the U.S. and Thailand, indicating mixed-grade flows. This structure reveals Paraguay’s export strategy prioritizes high-margin buyers (Brazil) while maintaining secondary bulk channels, optimizing revenue over volume. Supply chains here are value-driven, not just cost-efficient.

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 74040000 (Copper waste and scrap) dominates Paraguay's HS Code 7404 exports, capturing 100% of volume (547.66K tons) and value ($4.38M) in March 2025—no other sub-codes register. This monopoly reflects Paraguay’s role as a bulk exporter of low-margin scrap, where scale trumps unit price (data unavailable). The absence of diversified sub-codes confirms a market anchored in high-volume, commoditized trade, with no immediate shift toward value-added copper products.

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 March?

Exports dipped 23% month-on-month to $4.38M, with volumes down 22% to 547.66K kg. Unit prices edged 0.7% lower to $8.00/kg.

What are the top Export partners for Paraguay Copper scrap?

Brazil ($2.07M), India ($803.98K), and the United States ($519.80K) accounted for 77% of total exports.

Who are the major Copper scrap Buyers?

Cosmet Latam LLC dominated with $2.07M in purchases, followed by Allied Metals LLC ($367.42K) and Royce Corporation ($364.33K).

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).