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2023
Exports $293kWorld Rnk 68 / 105
Flag Rnk 1159 / 1216
2023
Destination $92.3k Germany
2022 - 2023
FASTEST GROWING MARKET $92.3kPortugal
2023
PRODUCT COMPLEXITY IN Raw Copper-2.19Rnk 1009 / 1025
2023
Imports $1.73BWorld Rnk 4 / 153
Flag Rnk 32 / 1213
2023
Origin $374M Bulgaria
2022 - 2023
FASTEST GROWING ORIGIN $374MBulgaria
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $293k in Raw Copper, making it the 68th largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 1159th most exported product in Belgium. The main destination of Raw Copper exports from Belgium are: Germany ($123k), Portugal ($92.5k), United Arab Emirates ($22.3k), France ($18.3k), and India ($10.8k).

The fastest growing export markets for Raw Copper of Belgium between 2022 and 2023 were Portugal ($92.3k), United Arab Emirates ($22.3k), and Turkey ($10.5k).

Imports In 2023, Belgium imported $1.73B in Raw Copper, becoming the 4th largest importer of Raw Copper in the world. At the same year, Raw Copper was the 32nd most imported product in Belgium. Belgium imports Raw Copper primarily from: Bulgaria ($964M), Spain ($223M), Sweden ($154M), Namibia ($146M), and Germany ($122M).

The fastest growing import markets in Raw Copper for Belgium between 2022 and 2023 were Bulgaria ($374M), Sweden ($154M), and Namibia ($146M).

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Raw Copper exports accounted up to €33.4M and imports accounted up to €56.5M, resulting in a negative trade balance of €23M. Between October 2023 and October 2024 the exports of Belgium's   Raw Copper have increased by €33.4M (145M%) from €23 to €33.4M, while imports decreased by €-105M (-65%) from €161M to €56.5M.

Destinations In October 2024, Raw Copper were exported mostly to Germany (€33.4M), Australia (€160), United Arab Emirates (€110), and United Kingdom (€64), and were imported mostly from Sweden (€46.3M), Germany (€5.26M), Spain (€4.62M), and Italy (€255k).

Growth In October 2024, the increase in Raw Copper's year-by-year exports was explained primarily by an increase in exports to France (€51 or 243%). In October 2024, the decrease in Raw Copper's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€33.4M(145M%)
IMPORT GROWTH (October 2023 - October 2024)€-105M(-65%)
MAIN DESTINATION (October 2024)Germany€33.4M

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
EXPORTS (2023)$293k
IMPORTS (2023)$1.73B
NET TRADE (2023)-$1.73B

In 2023, Belgium exported $293k in Raw Copper. The main destinations of Belgium exports on Raw Copper were Germany ($123k), Portugal ($92.5k), United Arab Emirates ($22.3k), France ($18.3k), and India ($10.8k).

In 2023, Belgium imported $1.73B in Raw Copper, mainly from Bulgaria ($964M), Spain ($223M), Sweden ($154M), Namibia ($146M), and Germany ($122M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Portugal$92.3k (35.2k%)
United Arab Emirates$22.3k (1%)
Turkey$10.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Copper BY Belgium WERE (2022 - 2023):
Germany-$22.4M (-99.5%)
Thailand-$463k (-100%)
Finland-$391k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Raw Copper were:
Zambia $6.95B
Chile $2.16B
Democratic Republic of the Congo $1.41B
In 2023, Belgium's main importing competitors in Raw Copper were:
China $6.13B
Switzerland $3.15B
India $2.05B

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Trade Value of Raw Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.97M
TOP IMPORT POTENTIALZambia+ $16.6M

Raw Copper’s highest export potential is Germany. With an export gap of $4.97M.   Raw Copper’s highest import potential is Zambia with an import gap of $16.6M.

See methodology.

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