The European Non-Metallic Minerals Trade Balance in 2024 reflects varying performance across countries. France leads with a trade balance of 23.08 million metric tons despite a 1.07% year-on-year decline. The UK and Switzerland follow with balances of 14.94 and 10.75 million metric tons, respectively, with Switzerland experiencing a 2.08% reduction. Among the notable increases, Luxembourg and Lithuania saw year-on-year variations of 3.41% and 3.18%, respectively. On the negative side, Germany, Spain, and Norway show significant deficits, with values of -23.54, -26.69, and -31.73 million metric tons, respectively.
Looking ahead, future trends to watch for include:
- The potential for continued stability or slight growth in countries like Luxembourg and Lithuania, given recent positive trends.
- Monitoring significant deficits in Germany, Spain, and Norway to understand whether these trends will stabilize, worsen, or improve.
- The impact of policy changes, technological advancements, and market demands on trade balances across Europe.
Top countries in Non-Metallic Minerals Trade Balance by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 23,080 | 2023 | +1.05% | -1.07% | View data |
| 2 | 2 United Kingdom | 14,940 | 2023 | +6.61% | View data | |
| 3 | 3 Switzerland | 10,750 | 2023 | +0.16% | -2.08% | View data |
| 4 | 4 Denmark | 8,550 | 2023 | -1.37% | View data | |
| 5 | 5 Luxembourg | 7,660 | 2023 | +1.86% | +3.41% | View data |
| 6 | 6 Romania | 5,610 | 2023 | +4.17% | View data | |
| 7 | 7 Sweden | 5,150 | 2023 | +7.27% | View data | |
| 8 | 8 Italy | 4,810 | 2023 | +54.92% | View data | |
| 9 | 9 Poland | 3,560 | 2023 | +26.64% | View data | |
| 10 | 10 Belgium | 3,080 | 2023 | +7.88% | View data |