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2022
Exports $24.1MWorld Rnk 27 / 102
Flag Rnk 709 / 1213
2022
Destination $7.72M Germany
2021 - 2022
FASTEST GROWING MARKET $7.72MGermany
2022
PRODUCT COMPLEXITY IN Raw Copper-2.2Rnk 1006 / 1025
2022
Imports $1.08BWorld Rnk 5 / 152
Flag Rnk 76 / 1214
2022
Origin $76.8M Bulgaria
2021 - 2022
FASTEST GROWING ORIGIN $76.8MBrazil
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

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).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Raw Copper exports accounted up to €9.41M and imports accounted up to €122M, resulting in a negative trade balance of €112M. Between July 2023 and July 2024 the exports of Belgium's   Raw Copper have increased by €9.4M (523k%) from €1.8k to €9.41M, while imports increased by €2.81M (2.37%) from €119M to €122M.

Destinations In July 2024, Raw Copper were exported mostly to Germany (€9.41M) and France (€11), and were imported mostly from Bulgaria (€80.2M), Sweden (€21.4M), Spain (€16.5M), Morocco (€3.26M), and Italy (€264k).

Growth In July 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 July 2024, 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
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€9.4M(523k%)
IMPORT GROWTH (July 2023 - July 2024)€2.81M(2.37%)
MAIN DESTINATION (July 2024)Germany€9.41M

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 (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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$7.72M (50%)
Thailand$463k (1%)
Finland$391k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Copper BY Belgium WERE (2021 - 2022):
Poland-$11M (-100%)
China-$6.97M (-100%)
Netherlands-$160k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Raw Copper were:
Zambia $6.6B
Chile $2.97B
Bulgaria $1.43B
In 2022, Belgium's main importing competitors in Raw Copper were:
China $6.42B
Switzerland $3.22B
India $2.06B

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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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