Customs Details of Copper Foil Imports and Exports in March 2025, Both Up YoY and MoM [SMM Anaiysis]

SMM April 24 NEWS:

According to data from the General Administration of Customs, China's copper foil imports in March 2025 were approximately 8,446.98 mt, up 8.26% YoY and up 22.40% MoM; cumulative imports for January-March 2025 were about 22,265.75 mt, up 1.35% YoY.

China's copper foil import value in March 2025 was $144.2693 million, up 10.20% YoY and up 15.16% MoM; the cumulative import value for January-March 2025 was $392.1137 million, up 7.33% YoY.

China's copper foil exports in March 2025 were approximately 4,886.55 mt, up 6.97% YoY and up 42.83% MoM; cumulative exports for January-March 2025 were about 12,114.75 mt, up 1.29% YoY.

China's copper foil export value in March 2025 was $62.484 million, up 15.25% YoY and up 48.17% MoM; the cumulative export value for January-March 2025 was $152.3692 million, up 10.93% YoY.

In March 2025, China's trade deficit in copper foil was about $81.79 million, a decrease of about $1.31 million MoM from $83.1 million in February.

By country, the main sources of copper foil imports (excluding copper alloy foils) in March 2025 were Taiwan, China, Malaysia, and Luxembourg, with import volumes of 4,471.9 mt, 853.97 mt, and 553.33 mt, respectively.

The main destinations for China's copper foil exports (excluding copper alloy foils) in March 2025 were Thailand, South Korea, and Malaysia, with export volumes of 800.28 mt, 594.28 mt, and 500.3 mt, respectively.

Copper foil imports increased in March 2025, mainly due to the rapid development of domestic AI servers and PV industries, leading to higher demand for high-end electronic circuit copper foil. Although production technology of mainland copper foil enterprises has continuously improved in recent years, some products still rely on imports. Export orders rebounded significantly in March, primarily driven by the growth in demand from the consumer electronics industry, especially as the electronics manufacturing sector in countries like Thailand continues to develop, providing market opportunities for copper foil exports.