2025 Feb Paraguay Copper scrap (HS 740400) Export Snapshot: Surge in Exports

February Trend: Paraguay Copper scrap Export

Copper scrap, classified under HS Code 740400 (Copper waste and scrap), saw exports surge in February, with volume jumping 74% month-on-month to 706.38K kg and value rising 74.5% to $5.69M. Unit prices held steady at $8.06/kg, up marginally by 0.09%. The sharp increase in trade activity comes ahead of expanded U.S. aluminum tariffs, which could indirectly influence copper scrap markets as buyers adjust sourcing strategies. Paraguay’s export momentum reflects strong global demand for secondary copper materials.

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 36.24% of value but only 34.52% of weight, signaling slight premium demand for higher-grade material. Japan and India follow with tighter value-weight gaps (15.50% vs. 14.49% and 14.66% vs. 13.91%), suggesting balanced processing or consumption roles. The absence of extreme gaps indicates a trade structure optimized for bulk logistics, with no single partner driving disproportionate value extraction. This implies Paraguay’s exports serve as cost-efficient raw material supply rather than niche, high-margin flows. The supply chain prioritizes volume stability over premium pricing.

Table: Paraguay Copper Scrap (HS Code 740400) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 740400 Breakdown & Value Logic

yTrade data reveals Paraguay’s HS Code 740400 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 export strategy hinges on raw volume rather than premium pricing. This aligns with typical scrap trade dynamics, where low-cost, high-volume transactions outweigh niche segments. The lack of diversification under Paraguay HS Code 740400 Export confirms a commodity-focused approach, prioritizing scale over value-added processing. Expect this trend to persist unless downstream refining capacity emerges.

Paraguay Copper Scrap Buyers List

Table: Paraguay Copper Scrap (HS Code 740400) 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 at a stable $8.06/kg unit price.

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 dominated with $2.06M in purchases, followed by Olympic Metals LLC ($882.28K) and Allied Metals LLC ($607.04K).

What is the specific HS Code for this trade?

The data covers HS Code 740400.