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).

Latest Trends

January 2024

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Overview In January 2024 Belgium's Raw Copper exports accounted up to €105 and imports accounted up to €104M, resulting in a negative trade balance of €104M. Between November 2022 and January 2024 the exports of Belgium's Raw Copper have increased by €94 (855%) from €11 to €105, while imports increased by €14.2M (15.8%) from €89.7M to €104M.

Destinations In January 2024, Raw Copper were exported mostly to France (€105), and were imported mostly from Bulgaria (€53M), Sweden (€27.8M), Spain (€23.1M), Brazil (€31.3k), and France (€5.42k).

Growth In January 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 January 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2022 - January 2024)€94(855%)

IMPORT GROWTH (January 2023 - January 2024)€14.2M(15.8%)

MAIN DESTINATION (January 2024)France€105

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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