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2023
Exports $856kWorld Rnk 71 / 111
Flag Rnk 1114 / 1216
2023
Destination $601k Japan
2022 - 2023
FASTEST GROWING MARKET $601kJapan
2023
PRODUCT COMPLEXITY IN Copper Ore-1.95Rnk 994 / 1025
2023
Imports $29.6MWorld Rnk 32 / 102
Flag Rnk 713 / 1213
2023
Origin $8.6M Namibia
2022 - 2023
FASTEST GROWING ORIGIN $8.6MSweden
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $856k in Copper Ore, making it the 71st largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 1114th most exported product in Belgium. The main destination of Copper Ore exports from Belgium are: Japan ($718k), South Korea ($123k), Luxembourg ($11.2k), Netherlands ($2.7k), and France ($460).

The fastest growing export markets for Copper Ore of Belgium between 2022 and 2023 were Japan ($601k), South Korea ($123k), and Luxembourg ($11.2k).

Imports In 2023, Belgium imported $29.6M in Copper Ore, becoming the 32nd largest importer of Copper Ore in the world. At the same year, Copper Ore was the 713th most imported product in Belgium. Belgium imports Copper Ore primarily from: Namibia ($18.7M), Sweden ($8.6M), Germany ($1.63M), Poland ($363k), and Brazil ($99.3k).

The fastest growing import markets in Copper Ore for Belgium between 2022 and 2023 were Sweden ($8.6M), Brazil ($99.3k), and Turkey ($28.4k).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Copper Ore exports accounted up to €1.13M and imports accounted up to €232k, resulting in a positive trade balance of €894k. Between November 2023 and November 2024 the exports of Belgium's   Copper Ore have increased by €1.11M (6.11k%) from €18.1k to €1.13M, while imports increased by €231k (73.7k%) from €314 to €232k.

Destinations In November 2024, Copper Ore were exported mostly to South Korea (€1.13M) and Netherlands (€240), and were imported mostly from Japan (€223k), Netherlands (€8.86k), and China (€78).

Growth In November 2024, the increase in Copper Ore's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Copper Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€1.11M(6.11k%)
IMPORT GROWTH (November 2023 - November 2024)€231k(73.7k%)
MAIN DESTINATION (November 2024)South Korea€1.13M

This section shows Copper Ore'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 Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$856k
IMPORTS (2023)$29.6M
NET TRADE (2023)-$28.7M

In 2023, Belgium exported $856k in Copper Ore. The main destinations of Belgium exports on Copper Ore were Japan ($718k), South Korea ($123k), Luxembourg ($11.2k), Netherlands ($2.7k), and France ($460).

In 2023, Belgium imported $29.6M in Copper Ore, mainly from Namibia ($18.7M), Sweden ($8.6M), Germany ($1.63M), Poland ($363k), and Brazil ($99.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Japan$601k (517%)
South Korea$123k (1%)
Luxembourg$11.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Belgium WERE (2022 - 2023):
Italy-$89.8k (-100%)
France-$12.3k (-96.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
Indonesia $8.55B
In 2023, Belgium's main importing competitors in Copper Ore were:
China $57.3B
Japan $11B
South Korea $4.95B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $152k
TOP IMPORT POTENTIALUnited States+ $1.17M

Copper Ore’s highest export potential is Japan. With an export gap of $152k.   Copper Ore’s highest import potential is United States with an import gap of $1.17M.

See methodology.

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