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Who buys Chile’s copper ore? Export destinations 2024

In 2024, Chile exported $30.3 billion of copper ore (5 million tonnes), 29.2% of the world total. China bought 68% of the total, followed by Japan (17%) and South Korea (4%). Chile was the world’s largest exporter of copper ore.

Summary

Value
$30.3billion
Tonnes
5million tonnes
Share of world total
29.2%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China20.7Tonnes: 2,787,017USD per tonne: $7,42868.3%Sea
Japan5Tonnes: 1,220,641USD per tonne: $4,11116.6%Sea
South Korea1.4Tonnes: 339,291USD per tonne: $3,9884.5%Sea
India1.3Tonnes: 197,660USD per tonne: $6,7784.4%Sea
Germany0.59Tonnes: 96,454USD per tonne: $6,0811.9%Sea
Spain0.49Tonnes: 105,414USD per tonne: $4,6821.6%Sea
Bulgaria0.34Tonnes: 118,167USD per tonne: $2,8721.1%Sea
Philippines0.2Tonnes: 36,512USD per tonne: $5,5670.67%Sea
Finland0.09Tonnes: 23,436USD per tonne: $3,7830.29%Sea
Taiwan0.05Tonnes: 11,300USD per tonne: $4,4840.17%Sea
Mexico0.05Tonnes: 5,205USD per tonne: $9,0290.15%Sea
Canada0.05Tonnes: 6,637USD per tonne: $7,0780.15%Sea
Namibia0.03Tonnes: —USD per tonne: —0.1%Sea
Malaysia0.02Tonnes: 2,416USD per tonne: $10,2190.08%Sea
Cambodia< 0.01Tonnes: 506USD per tonne: $1,2960%Sea
Indonesia< 0.01Tonnes: 109USD per tonne: $2,0710%Sea
Thailand< 0.01Tonnes: 19USD per tonne: $8,3640%Sea
Peru< 0.01Tonnes: 27USD per tonne: $2,4970%Land
Netherlands re-exports< 0.01Tonnes: 1USD per tonne: $8,4660%Sea
Austria< 0.01Tonnes: 0USD per tonne: $39,1110%Sea

Trend

Who it sells to

China has been its main destination since 2013

Value in USD billions. The five largest destinations in 2024.

  • China 20.7
  • Japan 5
  • South Korea 1.4
  • India 1.3
  • Germany 0.59

Source: CEPII BACI

Show the numbers
Partner19952024
China0.1120.7
Japan0.785
South Korea0.051.4
India01.3
Germany0.220.59

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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