According to the World Bureau of Metal Statistics 

(WBMS), the global output of refined copper in 2020 

totaled 23.82 million metric tons, with a year-on-year 

growth of 1.45%. The top five producers are China, 

Chile, Japan, Russia, and U.S, together accounting 

for 66.62% of the world’s total. Asia as a whole is a 

dominant producer; and the Americas and Africa are the 

main production areas for hydrometallurgy-produced 

copper. China has been a major contributor to the 

global growth in output in recent years, and its refined 

copper production will remain at a high level in the 

future. According to China Nonferrous Metals Industry 

Association (CNMIA), in 2020, copper production in 

China hit 10.03 million metric tons (or 10.02 million 

metric tons according to WBMS), equaling 42.09% of 

the world’s total.

increase to 4.67 million metric tons. This contrasted 

with the export of refined copper in the same year, 

which decrease by 32.92% to 212,300 metric tons.

According to WBMS, the global export volume in 2020 

rose by 4.25% to 8.31 million metric tons. Top three 

exporters were Chile, Russia, and Japan, together 

accounting for 45.19% of the world’s total.

声明：本资料仅用于投资者教育，不构成任何投资建议。我们力求本资料信息准确可靠，但对这些信息的准确性、完整性或及时性不作保证，亦不对因使用该等信息而引发的损失承担任何责任，投资者不应以该等信息取代其独立判断或仅根据该等信息做出决策。基金有风险，投资须谨慎。