Chile Copper Exports, Copper Exporters & Suppliers in Chile Database

Chile is the largest copper exporter globally, with copper being the second-largest export commodity in the country. In 2023, Chile's copper exports accounted for $20.41 billion, marking a 5% decline from the previous year.

In the first quarter of 2024, copper exports from Chile reached $4.83 billion, with a total quantity of 574.17 thousand metric tons exported.

Key statistics on Chile's copper exports:

• 1800+ active copper suppliers in Chile.
• 1000+ buyers around the world purchasing copper from Chile.
• Over 126,600 active copper export shipments.
• The 2-digit HS Code for copper: 74.

Chile is renowned for being one of the world’s largest producers of copper, with the metal playing a crucial role in the country’s economy. Chile’s copper exports significantly impact the global market, influencing trends and prices.

Explore more about Chile copper exports 

• Chile Copper export data with exporter name 
• The importance of Chile’s copper exports.
• Top copper exporters-suppliers in Chile.
• Varieties of copper exports from Chile.
• Major copper export partners of Chile.
• The role of Chile’s copper in the global economy, based on data from the Chile export database for 2023.

A Brief Overview of Chile's Copper Industry

Chile is home to some of the largest copper reserves in the world. The country's mining industry plays a vital role in its economy, with copper accounting for a significant portion of its export earnings. Chile's copper production is primarily concentrated in the northern regions of the country, where large-scale mining operations are carried out.

Top 10 Chile Copper Export partners - Chile Copper Export by Country | Chile Copper Export data 

The majority of Chile's copper exports are headed for Asia. Nearly 34 billion US dollars of Chile's copper were exported to Asia in 2023, with $7.26 billion going to China from Chile. With an amount of $4.92 billion, 

The United States was Chile's top export market outside of Asia for copper. The top 10 export markets for Chilean copper exports in 2023 include:

1. China: $7.26 billion (35.6%)
2. USA: $4.92 billion (24.1%)
3. Brazil: $1.71 billion (8.4%)
4. South Korea: $1.63 billion (8%)
5. France: $879.82 million (4.3%)
6. Taiwan: $804.60 million (3.9%)
7. Canada: $525.34 million (2.6%)
8. Netherlands: $405.75 million (2%)
9. Thailand: $348.07 million (1.7%)
10. Italy: $344.85 million (1.7%)

Top 10 Copper Exporters & Supplier in Chile - Chile Copper Export by Company | Chile Exporters Data

The biggest copper exporters in Chile according to Chile exporters data and Chile Suppliers data for copper exports in 2023 include:

1. Codelco: $8 billion

• Total Export Quantity: 1.6 million tons
• Active Export Shipments: 5,500+
• Headquarters: Santiago, Chile

2. BHP Billiton Chile: $4.2 billion

• Total Export Quantity: 850,000 tons
• Active Export Shipments: 3,200+
• Headquarters: Santiago, Chile

3. Anglo American Sur S.A.: $2.5 billion

• Total Export Quantity: 500,000 tons
• Active Export Shipments: 2,000+
• Headquarters: Santiago, Chile

4. Antofagasta Minerals: $1.8 billion

• Total Export Quantity: 450,000 tons
• Active Export Shipments: 1,900+
• Headquarters: Santiago, Chile

5. Freeport-McMoRan (El Abra): $1.2 billion

• Total Export Quantity: 300,000 tons
• Active Export Shipments: 1,500+
• Headquarters: Calama, Antofagasta Region, Chile

6. Collahuasi Mining Company: $900 million

• Total Export Quantity: 250,000 tons
• Active Export Shipments: 1,400+
• Headquarters: Iquique, Tarapacá Region, Chile

7. Teck Resources Chile (Quebrada Blanca): $700 million

• Total Export Quantity: 180,000 tons
• Active Export Shipments: 1,200+
• Headquarters: Iquique, Tarapacá Region, Chile

8. Kinross Chile: $500 million

• Total Export Quantity: 120,000 tons
• Active Export Shipments: 1,000+
• Headquarters: Santiago, Chile

9. : $450 million

• Total Export Quantity: 100,000 tons
• Active Export Shipments: 950+
• Headquarters: Antofagasta, Chile

10. Mantos Copper S.A.: $350 million

• Total Export Quantity: 90,000 tons
• Active Export Shipments: 800+
• Headquarters: Santiago, Chile

Chile’s Major Copper Exports Product and Varieties?

As per our Chile Copper export data, Chile’s Top 10 copper export varieties in 2023 include: 

1. Copper, refined, and copper alloys, unwrought (HS Code 7403): $17.47 billion
2. Copper, unrefined; copper anodes for refining (HS Code 7402): $2.31 billion
3. Copper wire (HS Code 7408): $396.19 million
4. Waste and scrap of copper (HS Code 7404): $186.81 million
5. Bars, rods, and profiles, of copper (HS Code 7407): $18.14 million
6. Copper mattes; cement copper, precipitated copper (HS Code 7401): $6.87 million
7. Stranded wire, cables, and plaited bands of copper (HS Code 7413): $6.44 million
8. Other articles of copper (HS Code 7419): $3.87 million
9. Powders and flakes of copper (HS Code 7406): $3.73 million
10. Copper foil (HS Code 7410): $753K

Chile’s copper exports in the last 10 years - Chile Copper Export by Year 

Chile's Dominance in Copper Export and Production

Chile has a long history of copper mining, dating back to the Spanish colonization in the 16th century. 

Today, Chile is the top copper producer in the world, accounting for approximately 30% of global copper production. 

The country's vast mineral resources and advanced mining technologies have enabled it to maintain its dominance in the industry. 

Chile's copper exports are a major source of revenue for the country, contributing significantly to its gross domestic product (GDP).

The revenue generated from copper exports is used to fund public infrastructure projects, social programs, and other government initiatives. 

This has helped Chile achieve economic stability and sustainable growth over the years.

Market Dominance of Chile in Copper Exports

Chile currently holds the title of the world's largest copper producer, accounting for a significant share of global copper exports. The country's copper output is driven by a few key players in the industry, with major mining companies such as Codelco leading the way. These companies have invested heavily in their operations, adopting modern technology and sustainable practices to maximize production.

Global Demand for Chilean Copper

The demand for copper continues to be strong, driven by the growing adoption of renewable energy technologies, electric vehicles, and infrastructure development. Chile is well-positioned to meet this demand, thanks to its abundant copper reserves and efficient mining practices. The country's high-quality copper ore is sought after by buyers worldwide, further solidifying its position as a key player in the global copper market.

Conclusion

To conclude, Chile's copper exports play an important feature in the global economic device, influencing marketplace tendencies, charges, and demands. As one of the most critical copper exporters in the globe, Chile has the opportunity to persuade by using examples in selling sustainable mining practices and accountable useful resource control. By harnessing its wealthy mineral resources and embracing innovation, Chile can thrive within the aggressive copper export market.

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