An examination of copper contained in international trade flows
Luis A. Tercero Espinoza () and
Marcel Soulier ()
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Luis A. Tercero Espinoza: Fraunhofer Institute for Systems and Innovation Research ISI
Marcel Soulier: Fraunhofer Institute for Systems and Innovation Research ISI
Mineral Economics, 2016, vol. 29, issue 2, No 1, 47-56
Abstract This paper describes an analysis of copper contained in international trade flows ranging from concentrate to finished products. The underlying dataset was extracted from the UN COMTRADE database and comprises 365 Harmonised System codes (H0). The data were aggregated to six different regions (China, EU28, Latin America, North America, Japan, and Rest of the World) and reveal the relative position of these regions in global copper-relevant value chains. The examination based on contained copper as opposed to monetary values provides additional insights into the industrial basis for the economic development of the regions considered. Moreover, the examination of over 20 years of data documents not only China’s rise to a dominant manufacturing center but also Latin America’s development into the key supplier of copper concentrates and metal.
Keywords: International trade; Copper; Trade balance; Embodied metal; Supply chain (search for similar items in EconPapers)
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