Colorado’s biggest export to the world’s second-largest economy last year wasn’t high-end instruments or industrial machines. For the first time, it was scrap metal and waste products
Colorado isn’t alone in that regard. About 40 percent of the United States’ scrap and recyclable waste goes abroad, and China over the years has become the biggest buyer. A trade imbalance in China’s favor allows America’s waste products to be economically shipped such long distances.
Colorado exported more than $124.4 million in scrap and waste products to China last year, up from $8.3 million in 2002, according to the U.S. Census Bureau. That included $62 million in aluminum scrap, $47.2 million in copper and $7.4 million in paperboard.