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Where does the Philippines get its copper ore? Import sources 2024

In 2024, the Philippines imported $2 billion of copper ore (518 thousand tonnes), 2% of the world total. Its main sources were Australia (37%), Indonesia (16%) and Peru (10%). The Philippines was the world’s 8th-largest importer of copper ore.

Summary

Value
$2billion
Tonnes
518thousand tonnes
Share of world total
2%
World rank
8th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 15 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Australia750Tonnes: 131,859USD per tonne: $5,68836.6%Sea
Indonesia334Tonnes: 91,750USD per tonne: $3,64016.3%Sea
Peru210Tonnes: 82,093USD per tonne: $2,56310.3%Sea
Chile203Tonnes: 36,512USD per tonne: $5,5679.9%Sea
Papua New Guinea173Tonnes: 43,200USD per tonne: $4,0028.4%Sea
Brazil110Tonnes: 23,174USD per tonne: $4,7565.4%Sea
Mexico105Tonnes: 43,034USD per tonne: $2,4355.1%Sea
Canada71.1Tonnes: 17,708USD per tonne: $4,0163.5%Sea
Romania42.9Tonnes: 23,215USD per tonne: $1,8502.1%Sea
China26.1Tonnes: 11,583USD per tonne: $2,2561.3%Sea
Serbia18.2Tonnes: 10,869USD per tonne: $1,6740.89%Sea
Germany3.3Tonnes: 1,143USD per tonne: $2,9210.16%Sea
Taiwan1.1Tonnes: 1,307USD per tonne: $8250.05%Sea
United States0.45Tonnes: 210USD per tonne: $2,1580.02%Sea
Japan< 0.01Tonnes: 0USD per tonne: $23,5000%Sea

Trend

Who it buys from

Australia has been its main source since 2022

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

  • Australia 0.75
  • Indonesia 0.33
  • Peru 0.21
  • Chile 0.2
  • Papua New Guinea 0.17

Source: CEPII BACI

Show the numbers
Partner19952024
Australia00.75
Indonesia0.250.33
Peru00.21
Chile0.050.2
Papua New Guinea00.17

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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