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2022
Exports $159MWorld Rnk 15 / 133
Flag Rnk 351 / 1213
2022
Destination $3.95M Germany
2021 - 2022
FASTEST GROWING MARKET $3.95MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Copper Bars0.25Rnk 470 / 1025
2022
Imports $35.7MWorld Rnk 38 / 205
Flag Rnk 731 / 1214
2022
Origin $7.82M Germany
2021 - 2022
FASTEST GROWING ORIGIN $7.82MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $159M in Copper Bars, making it the 15th largest exporter of Copper Bars in the world. At the same year, Copper Bars was the 351st most exported product in Belgium. The main destination of Copper Bars exports from Belgium are: Germany ($43.5M), United Kingdom ($33.4M), Netherlands ($15.1M), Italy ($10.5M), and Switzerland ($9.2M).

The fastest growing export markets for Copper Bars of Belgium between 2021 and 2022 were United Kingdom ($3.95M), Poland ($3.39M), and Finland ($2M).

Imports In 2022, Belgium imported $35.7M in Copper Bars, becoming the 38th largest importer of Copper Bars in the world. At the same year, Copper Bars was the 731st most imported product in Belgium. Belgium imports Copper Bars primarily from: Germany ($8.82M), United Kingdom ($8.02M), Bulgaria ($5.62M), France ($3.29M), and Portugal ($3.12M).

The fastest growing import markets in Copper Bars for Belgium between 2021 and 2022 were United Kingdom ($7.82M), Portugal ($1.48M), and Chile ($521k).

COMPANIES In 2023, leading companies such as TE Connectivity (3) were at the forefront of shipping Copper Bars from Belgium to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Copper Bars exports accounted up to €11.9M and imports accounted up to €1.32M, resulting in a positive trade balance of €10.6M. Between August 2023 and August 2024 the exports of Belgium's   Copper Bars have increased by €897k (8.15%) from €11M to €11.9M, while imports increased by €237k (21.8%) from €1.09M to €1.32M.

Destinations In August 2024, Copper Bars were exported mostly to Germany (€3.26M), United Kingdom (€2.91M), Netherlands (€1.42M), Switzerland (€1.11M), and Poland (€918k), and were imported mostly from Portugal (€366k), United Arab Emirates (€216k), Germany (€202k), Bulgaria (€166k), and France (€158k).

Growth In August 2024, the increase in Copper Bars's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€893k or 41.7%), Switzerland (€600k or 82.4%), and Australia (€226k or 11.3M%). In August 2024, the increase in Copper Bars's year-by-year imports was explained primarily by an increase in imports from Bulgaria (€178k or 240%), Germany (€166k or 63.3%), and Netherlands (€165k or 134%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€897k(8.15%)
IMPORT GROWTH (August 2023 - August 2024)€237k(21.8%)
MAIN DESTINATION (August 2024)Germany€3.26M

This section shows Copper Bars's exports and imports data at subnational level for Belgium. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Copper Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$159M
IMPORTS (2022)$35.7M
NET TRADE (2022)$123M

In 2022, Belgium exported $159M in Copper Bars. The main destinations of Belgium exports on Copper Bars were Germany ($43.5M), United Kingdom ($33.4M), Netherlands ($15.1M), Italy ($10.5M), and Switzerland ($9.2M).

In 2022, Belgium imported $35.7M in Copper Bars, mainly from Germany ($8.82M), United Kingdom ($8.02M), Bulgaria ($5.62M), France ($3.29M), and Portugal ($3.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Bars EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United Kingdom$3.95M (13.4%)
Poland$3.39M (212%)
Finland$2M (317%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Bars BY Belgium WERE (2021 - 2022):
Germany-$6.77M (-13.5%)
Ireland-$3.91M (-40%)
France-$1.52M (-16%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Copper Bars were:
Germany $1.22B
Italy $700M
France $496M
In 2022, Belgium's main importing competitors in Copper Bars were:
Germany $763M
United States $609M
Italy $547M

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Trade Value of Copper Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $20.4M
TOP IMPORT POTENTIALGermany+ $6.8M

Copper Bars’s highest export potential is Germany. With an export gap of $20.4M.   Copper Bars’s highest import potential is Germany with an import gap of $6.8M.

See methodology.

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