29XXXXXX - Nc8 29xxxxxx - EU Trade - The Trade Hub

29XXXXXX - Nc8 29xxxxxx - EU Trade - The Trade Hub

Analysis

Extra-EU sourcing of NC8 29XXXXXX is highly concentrated. 🇶🇿 QZ captures 92.8% of imports (€1.4B), followed by 🇨🇳 China (2.3%). With an HHI of 8628, this Concentrated market exposes the EU to supply dependency risks.

European exports of NC8 29XXXXXX are concentrated on a few markets. 🇶🇿 QZ accounts for 54.0% (€3.5B), ahead of 🇺🇸 United States (11.1%). The top three destinations are 🇶🇿 QZ, 🇺🇸 United States, 🇨🇭 Switzerland.

Within the EU, 🇳🇱 Netherlands concentrates 89.4% of NC8 29XXXXXX imports, well ahead of 🇮🇹 Italy (3.4%). The top importing member states are 🇳🇱 Netherlands, 🇮🇹 Italy, 🇷🇴 Romania.

In 2025, trade flows diverged: imports were surging (43.6%) while exports were declining (-5.3%), signalling a structural market shift.

Trade Partners

Import Partners (Top 10)

#	Country	Value (EUR)	Share (%)	Weight (kg)
1	🇶🇿 QZ	€1.4B	92.8%	1.9B kg
2	🇨🇳 China	€34.7M	2.3%	2.0M kg
3	🇸🇦 Saudi Arabia	€23.6M	1.5%	3.4M kg
4	🇺🇸 United States	€23.3M	1.5%	50K kg
5	🇮🇱 Israel	€7.9M	0.5%	4K kg
6	🇮🇳 India	€6.3M	0.4%	47K kg

Export Partners (Top 10)

#	Country	Value (EUR)	Share (%)	Weight (kg)
1	🇶🇿 QZ	€3.5B	54.0%	1.4B kg
2	🇺🇸 United States	€723.7M	11.1%	455.9M kg
3	🇨🇭 Switzerland	€367.0M	5.6%	128.7M kg
4	🇧🇷 Brazil	€339.4M	5.2%	235.3M kg
5	🇬🇧 United Kingdom	€165.0M	2.5%	86.6M kg
6	🇯🇵 Japan	€132.9M	2.0%	9.8M kg

Interactive Charts

Imports

€0

Exports

€0

Balance

+€0

Import €/kg

€0.7849/kg

Export €/kg

€2.05/kg

Market concentration (HHI)

8,785

Concentrated

Trade value (2022–2025)

Import sources

Third-country sourcing partners

#	Partner	Value (EUR)	kg	€/kg	Share	YoY
1	🇶🇿 QZ	€1.4B	1.9Bt	€0.7308/kg	93.7%
2	🇨🇳 China	€34.7M	2.0Mt	€17.60/kg	2.3%
3	🇸🇦 Saudi Arabia	€23.6M	3.4Mt	€6.97/kg	1.6%
4	🇺🇸 United States	€23.3M	50Kt	€464.68/kg	1.5%
5	🇮🇱 Israel	€7.9M	4Kt	€1.9K/kg	0.5%
6	🇮🇳 India	€6.3M	47Kt	€135.39/kg	0.4%

Export markets

Third-country target markets

#	Partner	Value (EUR)	kg	€/kg	Share	YoY
1	🇶🇿 QZ	€3.5B	1.4Bt	€2.53/kg	67.0%
2	🇺🇸 United States	€723.7M	455.9Mt	€1.59/kg	13.8%
3	🇨🇭 Switzerland	€367.0M	128.7Mt	€2.85/kg	7.0%
4	🇧🇷 Brazil	€339.4M	235.3Mt	€1.44/kg	6.5%
5	🇬🇧 United Kingdom	€165.0M	86.6Mt	€1.90/kg	3.1%
6	🇯🇵 Japan	€132.9M	9.8Mt	€13.60/kg	2.5%

EU Member States

EU ImportersEU Exporters

View full analysis