Market Wire

Copper Imports Rocket to $3.7 billion in July 2026

U.S. copper imports totalled $3.7 billion in July 2026, up 58.9% on the month and up 16.2% on the year. The common full-year customs-unit-value comparison (2025 over 2024) shows: copper semi-finished products customs unit values rose 3.3%. These aggregates can also move with product, grade, origin, valuation, or quantity mix.

Customs unit-value context, by family

Copper Semi-finished Products: customs unit value up 3.3% in 2025, observed effective calculated-duty rate 10.8%, $5.4 billion of annual customs value

The full-year customs unit values add context but do not split this monthly customs-value move into price and physical volume. They are aggregate ratios across products and origins, not matched-item price indexes, and their 2025 reporting period differs from the monthly flow above.

Import figures are census customs values — landed cost adds duty and freight on top, which is where the effective tariff rates bite. Source: Census International Trade.

Published 2026-09-11.