In January-August 2025, Ukraine increased imports of copper and copper products by 32.2% year-on-year – to $122.747 million.
Exports during this period increased by 5.7% to $61.542 million.
In August, imports amounted to $12.759 million, while exports amounted to $6.105 million.
Copper is widely used in electrical engineering, in the manufacture of pipes, in the creation of alloys, in medicine, and in other industries.
In January-July of this year, Ukrainian enterprises increased imports of copper and copper products in value terms by 29.1% compared to the same period last year, to $109.984 million.
According to statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products during the period increased by 12.7% to $55.437 million.
In July, copper imports amounted to $16.821 million, while exports amounted to $9.357 million.
Copper is widely used in electrical engineering, pipe manufacturing, alloy production, medicine, and other industries.
In January-May 2025, Ukrainian companies increased imports of copper and copper products by 20% compared to the same period last year, to $77.971 million. This is evidenced by the data of the State Customs Service of Ukraine.
Copper exports also increased by 17.8% to $38.762 million over the same period. In May, the volume of imports amounted to $16.245 million, and exports – $9.635 million.
For comparison, in 2024, the volume of copper imports remained virtually unchanged compared to 2023 and amounted to $140.797 million. At the same time, exports increased by 22.4% to $88.237 million.
In 2023, despite the war, Ukraine doubled its copper imports to $140.795 million (+120% yoy), while exports decreased by 20.1% to $72.078 million. The upward trend in copper trade in 2025 indicates a recovery in demand for the metal from both the domestic market and foreign buyers.
Copper is widely used in electrical engineering, pipe manufacturing, alloys, medicine and other industries.
imports, exports, copper
In January-April 2025, Ukrainian enterprises imported copper and copper products worth $61.62 million, which is 16.2% more than in the same period of 2024. Exports grew by 16.1% to $29.13 million. In April, imports amounted to $15.13 million, while exports amounted to $7.78 million.
Copper is widely used in electrical engineering, pipe manufacturing, alloy production, medicine, and other industries.
ICSG forecasts that global refined copper production will increase by around 2.9% to 28.9 million tons in 2025. This is driven by the continued expansion of production capacity in China and the start-up of new plants in other countries such as Indonesia, India and the Democratic Republic of Congo. Copper demand is expected to increase by 2.4% to 28 million tons in 2025. Top 20 copper producing countries in 2024
Place Country Production volume (million tons)
1 Chile 5.3
2 Democratic Republic of Congo 3.3
3 Peru 2.6
4 China 1.8
5 Indonesia 1.1
6 USA 1.1
7 Russia 0.93
8 Australia 0.8
9 Kazakhstan 0.74
10 Mexico 0.7
11 Zambia 0.65
12 Canada 0.6
13 Poland 0.5
14 Brazil 0.4
15 Mongolia 0.35
16 Iran 0.3
17 Armenia 0.25
18 Serbia 0.2
19 Bolivia 0.18
20 Turkey 0.15
Source: USGS, ICSG, 2024
“Open4Business has analyzed the world’s copper producers in 2024. According to the International Copper Study Group (ICSG) and the United States Geological Survey (USGS), global copper production reached 23 million tons in 2024, up 3.2% year-on-year.
Top 20 copper producing countries in 2024
Rank Country Production volume (mln tons)
1 Chile 5.3
2 Democratic Republic of the Congo 3.3
3 Peru 2.6
4 China 1.8
5 Indonesia 1.1
6 USA 1.1
7 Russia 0.93
8 Australia 0.8
9 Kazakhstan 0.74
10 Mexico 0.7
11 Zambia 0.65
12 Canada 0.6
13 Poland 0.5
14 Brazil 0.4
15 Mongolia 0.35
16 Iran 0.3
17 Armenia 0.25
18 Serbia 0.2
19 Bolivia 0.18
20 Turkey 0.15
