Shovels and excavators with revolving superstructure in Belgium

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Exports In 2022, Belgium exported $1.16B in Shovels and excavators with revolving superstructure, making it the 7th largest exporter of Shovels and excavators with revolving superstructure in the world. At the same year, Shovels and excavators with revolving superstructure was the 42nd most exported product in Belgium. The main destination of Shovels and excavators with revolving superstructure exports from Belgium are: Germany ($213M), France ($194M), Italy ($194M), United Kingdom ($121M), and Netherlands ($72.3M).

The fastest growing export markets for Shovels and excavators with revolving superstructure of Belgium between 2021 and 2022 were Italy ($43.8M), Germany ($20.8M), and Norway ($18M).

Imports In 2022, Belgium imported $2.13B in Shovels and excavators with revolving superstructure, becoming the 2nd largest importer of Shovels and excavators with revolving superstructure in the world. At the same year, Shovels and excavators with revolving superstructure was the 24th most imported product in Belgium. Belgium imports Shovels and excavators with revolving superstructure primarily from: China ($907M), South Korea ($639M), Japan ($220M), Netherlands ($85.1M), and United Kingdom ($73.4M).

The fastest growing import markets in Shovels and excavators with revolving superstructure for Belgium between 2021 and 2022 were China ($414M), South Korea ($36.6M), and Singapore ($26.5M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (34.8k), BARRY CALLEBAUT USA LLC (21.2k), and AUTOMOTIVE LIGHTING CORPORATION (20.6k) were at the forefront of shipping Shovels and excavators with revolving superstructure from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Shovels and excavators with revolving superstructure exports accounted up to €65.5M and imports accounted up to €72.2M, resulting in a negative trade balance of €6.75M. Between December 2022 and December 2023 the exports of Belgium's Shovels and excavators with revolving superstructure have decreased by €-47.9M (-42.2%) from €113M to €65.5M, while imports decreased by €-22.4M (-23.6%) from €94.6M to €72.2M.

Destinations In December 2023, Shovels and excavators with revolving superstructure were exported mostly to Italy (€13.2M), France (€10.3M), Netherlands (€6.27M), United Arab Emirates (€4.94M), and Germany (€4.49M), and were imported mostly from China (€22.7M), South Korea (€14.4M), Netherlands (€12.7M), France (€5.5M), and Sweden (€4.71M).

Growth In December 2023, the decrease in Shovels and excavators with revolving superstructure's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-5.59M or -34.7%), Ghana (€-3.26M or -99.7%), and Israel (€-951k or -66.3%). In December 2023, the decrease in Shovels and excavators with revolving superstructure's year-by-year imports was explained primarily by a decrease in imports from South Korea (€-13.9M or -39.6%), Sweden (€-3.68M or -62.6%), and France (€-1.1M or -26.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-47.9M(-42.2%)

IMPORT GROWTH (December 2022 - December 2023)€-22.4M(-23.6%)

MAIN DESTINATION (December 2023)Italy€13.2M

This section shows Shovels and excavators with revolving superstructure'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 Shovels and excavators with revolving superstructure over time.

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