38XXXXXX - Nc8 38xxxxxx - EU Trade - The Trade Hub

Analysis

Extra-EU sourcing of NC8 38XXXXXX is highly concentrated. 🇶🇿 QZ captures 64.6% of imports (€785.4M), followed by 🇨🇳 China (23.9%). With an HHI of 4769, this Concentrated market exposes the EU to supply dependency risks.

The EU exports NC8 38XXXXXX to 6 extra-EU markets, reflecting solid diversification. 🇶🇿 QZ remains the largest client (31.6%, €732.6M), followed by 🇶🇿 QZ, 🇳🇬 Nigeria, 🇿🇦 South Africa.

Within the EU, the leading importers of NC8 38XXXXXX are 🇸🇪 Sweden, 🇦🇹 Austria, 🇳🇱 Netherlands. 🇸🇪 Sweden accounts for 32.3% of EU imports.

In 2025, trade flows diverged: imports were surging (28.2%) while exports were declining (-10.1%), signalling a structural market shift.

Trade Partners

Import Partners (Top 10)

#	Country	Value (EUR)	Share (%)	Weight (kg)
1	🇶🇿 QZ	€785.4M	64.6%

Export Partners (Top 10)

#	Country	Value (EUR)	Share (%)	Weight (kg)
1	🇶🇿 QZ	€732.6M	31.6%	342.0M kg
2	🇳🇬 Nigeria	€355.6M	15.3%	260.6M kg
3	🇿🇦 South Africa	€218.2M	9.4%	146.2M kg
4	🇹🇷 Türkiye	€126.6M	5.5%	76.0M kg
5	🇬🇧 United Kingdom	€89.3M	3.8%	39.6M kg
6	🇲🇦 Morocco	€26.5M	1.1%	18.6M kg

Imports

€0

Exports

€0

Balance

+€0

Import €/kg

€1.38/kg

Export €/kg

€1.78/kg

Market concentration (HHI)

5,061

Concentrated

Trade value (2022–2025)

Import sources

Third-country sourcing partners

#	Partner	Value (EUR)	kg	€/kg	Share	YoY
1	🇶🇿 QZ	€785.4M	696.9Mt	€1.13/kg	66.5%
2	🇨🇳 China	€290.8M	6.5Mt	€44.74/kg	24.6%
3	🇪🇬 Egypt	€43.9M	26.6Mt	€1.65/kg	3.7%
4	🇨🇦 Canada	€36.6M	24.9Mt	€1.47/kg	3.1%
5	🇮🇩 Indonesia	€19.7M	106.3Mt	€0.1854/kg	1.7%
6	🇲🇾 Malaysia	€4.0M	1.5Mt	€2.64/kg	0.3%

Export markets

Third-country target markets

#	Partner	Value (EUR)	kg	€/kg	Share	YoY
1	🇶🇿 QZ	€732.6M	342.0Mt	€2.14/kg	47.3%
2	🇳🇬 Nigeria	€355.6M	260.6Mt	€1.36/kg	23.0%
3	🇿🇦 South Africa	€218.2M	146.2Mt	€1.49/kg	14.1%
4	🇹🇷 Turkey	€126.6M	76.0Mt	€1.66/kg	8.2%
5	🇬🇧 United Kingdom	€89.3M	39.6Mt	€2.26/kg	5.8%
6	🇲🇦 Morocco	€26.5M	18.6Mt	€1.43/kg	1.7%

EU Member States

EU ImportersEU Exporters

View full analysis

38XXXXXX - Nc8 38xxxxxx - EU Trade - The Trade Hub