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Who buys Mexico’s copper ore? Export destinations 2024

In 2024, Mexico exported $3.8 billion of copper ore (1.8 million tonnes), 3.7% of the world total. China bought 88% of the total, followed by the Philippines (3%) and Germany (2%). Mexico was the world’s 6th-largest exporter of copper ore.

Summary

Value
$3.8billion
Tonnes
1.8million tonnes
Share of world total
3.7%
World rank
6th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 13 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China3.4Tonnes: 1,605,761USD per tonne: $2,08788.3%Sea
Philippines0.1Tonnes: 43,034USD per tonne: $2,4352.8%Sea
Germany0.09Tonnes: 55,313USD per tonne: $1,6412.4%Sea
South Korea0.07Tonnes: 31,707USD per tonne: $2,0651.7%Sea
Spain0.06Tonnes: 33,572USD per tonne: $1,7261.5%Sea
Canada0.05Tonnes: 1,062USD per tonne: $44,9681.3%Sea
Taiwan0.03Tonnes: 14,886USD per tonne: $2,2560.88%Sea
Peru0.02Tonnes: 6,408USD per tonne: $3,3900.57%Sea
Japan0.02Tonnes: 10,688USD per tonne: $1,9320.54%Sea
Malaysia< 0.01Tonnes: 1,764USD per tonne: $1,8990.09%Sea
Chile< 0.01Tonnes: 0USD per tonne: $88,9530%Air
Netherlands re-exports< 0.01Tonnes: 0USD per tonne: $24,1940%Sea
Turkey< 0.01Tonnes: 0USD per tonne: $49,0000%Air

Trend

Who it sells to

China has been its main destination since 2000

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

  • China 3.4
  • Philippines 0.1
  • Germany 0.09
  • South Korea 0.07
  • Spain 0.06

Source: CEPII BACI

Show the numbers
Partner19952024
China03.4
Philippines00.1
Germany00.09
South Korea00.07
Spain00.06

Sources and methodology

Other products of this country

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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