97% of Indonesia's Copper Ore Exports Went to Asia in 2022

Market

Lite

Adi Ahdiat 06/07/2023 15:41 WIB

URL has been copied

Memuat...

Throughout 2022, Indonesia's copper ore exports to Asian countries reached 3.06 million tons, accounting for 97% of the national export volume.

Indonesia's Top 10 Copper Ore Export Destinations (2022)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

97% of Indonesia's Copper Ore Exports Went to Asia in 2022

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Indonesia's Top 10 Copper Ore Export Destinations (2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

According to data from the Central Statistics Agency (BPS), Indonesia exported 3.1 million tons of copper ore in 2022, a 40% increase year-on-year (yoy).

The total value of Indonesia's copper ore exports in 2022 also surged by 71% (yoy) to USD 9.2 billion. These figures represent the highest record in the last decade.

Throughout 2022, Indonesia exported the most copper ore to Japan, with a shipment volume of 761,300 tons.

Indonesian copper ore was also shipped to China, South Korea, Taiwan, India, Malaysia, the Philippines, Spain, Germany, and Bulgaria, as shown in the graph above.

Of the top 10 destination countries, 7 are located in Asia.

In total, Indonesia's copper ore exports to these Asian countries reached 3.06 million tons, or about 97% of the total national export volume. The remaining 3% of exports were distributed to countries in Europe.

The Indonesian government had planned to ban the export of several raw minerals, including copper, starting in mid-2023.

However, this plan has been postponed until mid-2024, as the construction of smelters or mineral processing facilities in the country is not yet complete.

"The opportunity for holders of mining business permits for metal minerals to sell processed products abroad until May 2024 is limited to copper, iron, lead, zinc, and copper anode slime," said Minister of Energy and Mineral Resources Arifin Tasrif, as reported by Katadata.co.id, Wednesday (24/5/2023).

Arifin also stated that this export permit extension could be revoked if the construction of smelters does not show the expected progress.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."