Commodity Origins

How much copper does Chile produce and export?

Chile is the largest producer of copper: 5.3 million tonnes in 2025, 23% of the world's 23 million tonnes (USGS MCS). It is the largest exporter by value: $31 billion in 2024, 29% of world exports of copper ores and concentrates (HS 2603) (CEPII BACI). Its biggest customer is China, which takes 68% of its copper exports by value.

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Chile's copper production

Chile copper production, 2025
World rankProduction (tonnes)Share of worldTen-year growthYear
15.3 million tonnes23%—2025

USGS Mineral Commodity Summaries, MCS 2026.

Chile's copper exports

Chile exports of Copper ores and concentrates, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
1$31 billion29%13.2 million t$2,3432024

CEPII BACI international trade database (HS22, V202601), HS 2603 (Copper ores and concentrates).

Where Chile's copper goes

Largest destinations of Chile's copper exports, 2024
DestinationValueShare of Chile's exports
China$20.9B68%
Japan$5.4B18%
South Korea$1.4B4.4%
India$1.4B4.4%
Germany$541M1.7%

Largest five destinations of 851 exporter-importer pairs BACI reports for 2024. See trade flows.

The copper price Chile sells into

The benchmark price, LME cash, grade A cathode, was $14,474/t in September 2026, up 45% over twelve months. Its five-year volatility is 16% a year, calmer in 23% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Copper price history.

Cite as: Commodity Origins, "Chile copper: production, exports and prices", https://commodityorigins.com/countries/CHL/copper/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.