Railway and trams in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $198M in Railway and trams, making it the 27th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 78th most exported product in Belgium. The main destination of Railway and trams exports from Belgium are: France ($36.9M), Germany ($29M), Netherlands ($26.3M), United Kingdom ($13.9M), and Republic of the Congo ($9.73M).

The fastest growing export markets for Railway and trams of Belgium between 2021 and 2022 were Republic of the Congo ($9.56M), Germany ($5.03M), and Mexico ($4.61M).

Imports In 2022, Belgium imported $454M in Railway and trams, becoming the 24th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 70th most imported product in Belgium. Belgium imports Railway and trams primarily from: France ($117M), Spain ($110M), China ($36.5M), Germany ($31.4M), and Poland ($26.2M).

The fastest growing import markets in Railway and trams for Belgium between 2021 and 2022 were France ($69M), Austria ($6.85M), and Romania ($5.79M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Railway and trams from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Railway and trams exports accounted up to €12.2M and imports accounted up to €50.5M, resulting in a negative trade balance of €38.3M. Between December 2022 and December 2023 the exports of Belgium's Railway and trams have decreased by €-5.66M (-31.6%) from €17.9M to €12.2M, while imports increased by €8.6M (20.5%) from €41.9M to €50.5M.

Destinations In December 2023, Railway and trams were exported mostly to Colombia (€4.11M), France (€2.06M), Netherlands (€883k), United Kingdom (€772k), and United States (€692k), and were imported mostly from France (€19.6M), Spain (€15.1M), Germany (€3.65M), Italy (€2.38M), and Poland (€2.29M).

Growth In December 2023, the decrease in Railway and trams's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-2.05M or -80.4%), Israel (€-734k or -96.2%), and Czechia (€-482k or -84.7%). In December 2023, the increase in Railway and trams's year-by-year imports was explained primarily by an increase in imports from Austria (€2.55M or 331%), Germany (€1.66M or 97.7%), and China (€863k or 223%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-5.66M(-31.6%)

IMPORT GROWTH (December 2022 - December 2023)€8.6M(20.5%)

MAIN DESTINATION (December 2023)Colombia€4.11M

This section shows Railway and trams'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 Railway and trams over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$198M

IMPORTS (2022)$454M

NET TRADE (2022)-$256M

In 2022, Belgium exported $198M in Railway and trams. The main destinations of Belgium exports on Railway and trams were France ($36.9M), Germany ($29M), Netherlands ($26.3M), United Kingdom ($13.9M), and Republic of the Congo ($9.73M).

In 2022, Belgium imported $454M in Railway and trams, mainly from France ($117M), Spain ($110M), China ($36.5M), Germany ($31.4M), and Poland ($26.2M).

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