Raw Copper in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $24.1M in Raw Copper, making it the 27th largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 709th most exported product in Belgium. The main destination of Raw Copper exports from Belgium are: Germany ($23.1M), Thailand ($463k), Finland ($391k), France ($50.1k), and United States ($6.33k).

The fastest growing export markets for Raw Copper of Belgium between 2021 and 2022 were Germany ($7.72M), Thailand ($463k), and Finland ($391k).

Imports In 2022, Belgium imported $1.08B in Raw Copper, becoming the 5th largest importer of Raw Copper in the world. At the same year, Raw Copper was the 76th most imported product in Belgium. Belgium imports Raw Copper primarily from: Bulgaria ($566M), Spain ($219M), Germany ($124M), Brazil ($79.2M), and Zambia ($42.8M).

The fastest growing import markets in Raw Copper for Belgium between 2021 and 2022 were Brazil ($76.8M), Zambia ($42.8M), and Netherlands ($12.6M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Raw Copper from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Raw Copper exports accounted up to €1.76k and imports accounted up to €192M, resulting in a negative trade balance of €192M. Between October 2022 and December 2023 the exports of Belgium's Raw Copper have decreased by €-208k (-99.2%) from €210k to €1.76k, while imports increased by €34.8M (22.1%) from €158M to €192M.

Destinations In December 2023, Raw Copper were exported mostly to Ghana (€1.76k), and were imported mostly from Bulgaria (€120M), Germany (€32.3M), Sweden (€28.1M), Spain (€11.8M), and United Kingdom (€4.67k).

Growth In December 2023, the decrease in Raw Copper's year-by-year exports was explained primarily by a decrease in exports to . In December 2023, the increase in Raw Copper's year-by-year imports was explained primarily by an increase in imports from Spain (€15.6M or 109%) and Bulgaria (€9.25M or 20.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2022 - December 2023)€-208k(-99.2%)

IMPORT GROWTH (December 2022 - December 2023)€34.8M(22.1%)

MAIN DESTINATION (December 2023)Ghana€1.76k

This section shows Raw Copper'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 Raw Copper over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$24.1M

IMPORTS (2022)$1.08B

NET TRADE (2022)-$1.06B

In 2022, Belgium exported $24.1M in Raw Copper. The main destinations of Belgium exports on Raw Copper were Germany ($23.1M), Thailand ($463k), Finland ($391k), France ($50.1k), and United States ($6.33k).

In 2022, Belgium imported $1.08B in Raw Copper, mainly from Bulgaria ($566M), Spain ($219M), Germany ($124M), Brazil ($79.2M), and Zambia ($42.8M).

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