SMM June 20 News:
According to data from the General Administration of Customs, China's copper foil imports in May 2025 were approximately 8,692.39 mt, down 0.32% YoY but up 7.08% MoM. From January to May 2025, China's cumulative copper foil imports were approximately 39,075.96 mt, up 2.59% YoY.
In May 2025, China's copper foil import value was $156.5363 million, up 6.27% YoY and 9.71% MoM. From January to May 2025, China's cumulative copper foil import value was $691.3359 million, up 8.66% YoY.
In May 2025, China's copper foil exports were approximately 5,198.22 mt, up 37.18% YoY and 22.29% MoM. From January to May 2025, China's cumulative copper foil exports were approximately 21,563.73 mt, up 8.47% YoY.
In May 2025, China's copper foil export value was $67.3428 million, up 39.30% YoY and 23.15% MoM. From January to May 2025, China's cumulative copper foil export value was $274.3976 million, up 17.13% YoY.
In May 2025, China's copper foil trade deficit was approximately $89.19 million, up about $1.19 million MoM from $88 million in April.
By country, the main importing countries and regions for China's copper foil (excluding copper alloy foil) in May 2025 were Taiwan, China, Malaysia, and South Korea, with import volumes of 4,781.61 mt, 854.55 mt, and 583.43 mt, respectively.
The main exporting countries and regions for China's copper foil (excluding copper alloy foil) in May 2025 were Saudi Arabia, Thailand, and South Korea, with export volumes of 698.14 mt, 685.37 mt, and 595.83 mt, respectively. The increase in exports to Saudi Arabia was particularly notable.
In May 2025, both copper foil imports and exports increased MoM, with cumulative YoY growth observed from January to May. From the perspective of domestic market demand, downstream terminal orders in Q2 were generally optimistic, with steady growth in industry orders from sectors such as automotive and high-end servers, driving the demand for high-end copper foil imports. On the export side, uncertainties arising from tariff policies have spurred a rush to export downstream products, coupled with relatively strong overseas demand, leading to a significant increase in export volumes.
