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Who buys Russia’s refined copper? Export destinations 2024

In 2024, Russia exported $3.2 billion of refined copper (352 thousand tonnes), 3.4% of the world total. China bought 71% of the total, followed by Turkey (16%) and Egypt (6%). Russia was the world’s 6th-largest exporter of refined copper.

Summary

Value
$3.2billion
Tonnes
352thousand tonnes
Share of world total
3.4%
World rank
6th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 14 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China2.3Tonnes: 249,002USD per tonne: $9,13870.7%Land
Turkey0.5Tonnes: 54,232USD per tonne: $9,26515.6%Sea
Egypt0.2Tonnes: 22,379USD per tonne: $8,8196.1%Sea
Netherlands re-exports0.13Tonnes: 14,025USD per tonne: $9,2624%Sea
Germany0.06Tonnes: 7,189USD per tonne: $8,9872%Sea
Spain0.04Tonnes: 4,444USD per tonne: $10,0431.4%Sea
Kazakhstan< 0.01Tonnes: 459USD per tonne: $8,1210.12%Land
Uzbekistan< 0.01Tonnes: 10USD per tonne: $10,0350%Sea
Armenia< 0.01Tonnes: 9USD per tonne: $8,5480%Sea
India< 0.01Tonnes: 1USD per tonne: $31,4280%Sea
Czechia< 0.01Tonnes: 1USD per tonne: $22,2730%Sea
Moldova< 0.01Tonnes: 1USD per tonne: $9,6450%Sea
Azerbaijan< 0.01Tonnes: 0USD per tonne: $26,6080%Land
Ireland< 0.01Tonnes: 0USD per tonne: $16,0000%Sea

Trend

Who it sells to

China has been its main destination since 2020

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

  • China 2.3
  • Turkey 0.5
  • Egypt 0.2
  • Netherlands 0.13
  • Germany 0.06

Source: CEPII BACI

Show the numbers
Partner19952024
China0.012.3
Turkey0.030.5
Egypt00.2
Netherlands0.080.13
Germany0.690.06

Sources and methodology

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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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