The European metal ores trade balance in 2023 shows Germany leading significantly, despite a minor decline, with Belgium maintaining its position without change. The UK and Netherlands exhibited growth, while France, Italy, and Spain faced declines. Czech Republic's and Denmark's significant growth outpaced reductions in Poland and Hungary. Sweden notably faced a large deficit. The Compound Annual Growth Rate (CAGR) analysis indicates varied performances across countries, with some showing stability and others experiencing fluctuations.
Looking forward, Europe may observe shifts in trade balances due to evolving industrial demands and environmental policies influencing metal ore production and import/export dynamics by country.
Top countries in Metal Ores Trade Balance by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38,110 | 2023 | +3.8% | -1.91% | View data |
| 2 | 2 France | 17,160 | 2023 | +7.59% | -3.17% | View data |
| 3 | 3 Italy | 15,820 | 2023 | -5.25% | -0.37% | View data |
| 4 | 4 Belgium | 13,560 | 2023 | -18.84% | View data | |
| 5 | 5 United Kingdom | 12,510 | 2023 | -0.4% | +2.16% | View data |
| 6 | 6 Spain | 11,900 | 2023 | -0.13% | -3.73% | View data |
| 7 | 7 Netherlands | 10,600 | 2023 | -10.88% | +4.36% | View data |
| 8 | 8 Poland | 7,750 | 2023 | +14.39% | -4.99% | View data |
| 9 | 9 Austria | 5,410 | 2023 | +1.25% | -1.69% | View data |
| 10 | 10 Czech Republic | 4,580 | 2023 | +16.36% | +6.73% | View data |
