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2022
Exports $3.74BWorld Rnk 21 / 223
Flag Rnk 24 / 96
2022
Destination $179M Germany
2021 - 2022
FASTEST GROWING MARKET $179MNetherlands
2022
PRODUCT COMPLEXITY IN Aluminum articles1.01Rnk 168 / 1025
2022
Imports $4.39BWorld Rnk 21 / 226
Flag Rnk 21 / 96
2022
Origin $136M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $136MIndia
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $3.74B in Aluminum articles, making it the 21st largest exporter of Aluminum articles in the world. At the same year, Aluminum articles was the 24th most exported product in Belgium. The main destination of Aluminum articles exports from Belgium are: Germany ($892M), Netherlands ($704M), France ($527M), Italy ($205M), and United Kingdom ($133M).

The fastest growing export markets for Aluminum articles of Belgium between 2021 and 2022 were Netherlands ($179M), Germany ($142M), and Italy ($78.5M).

Imports In 2022, Belgium imported $4.39B in Aluminum articles, becoming the 21st largest importer of Aluminum articles in the world. At the same year, Aluminum articles was the 21st most imported product in Belgium. Belgium imports Aluminum articles primarily from: Netherlands ($952M), Germany ($811M), France ($405M), China ($271M), and Poland ($219M).

The fastest growing import markets in Aluminum articles for Belgium between 2021 and 2022 were India ($136M), Netherlands ($124M), and Germany ($64.4M).

COMPANIES In 2023, leading companies such as Stihl (44), Baxter Healthcare (30), and Rolls-Royce (13) were at the forefront of shipping Aluminum articles from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Aluminum articles exports accounted up to €20M and imports accounted up to €29.5M, resulting in a negative trade balance of €9.54M. Between May 2023 and May 2024 the exports of Belgium's   Aluminum articles have decreased by €-225M (-91.8%) from €245M to €20M, while imports decreased by €-209M (-87.6%) from €238M to €29.5M.

Destinations In May 2024, Aluminum articles were exported mostly to China (€5.71M), Switzerland (€4.27M), Austria (€3.28M), Czechia (€2.3M), and Canada (€2.15M), and were imported mostly from Austria (€15.2M), China (€5.76M), Switzerland (€2.86M), Australia (€2.27M), and Czechia (€1.97M).

Growth In May 2024, the decrease in Aluminum articles's year-by-year exports was explained primarily by a decrease in exports to Germany (€-7.48M or -12.2%), Italy (€-3.7M or -32.6%), and Canada (€-2.62M or -59.1%). In May 2024, the decrease in Aluminum articles's year-by-year imports was explained primarily by a decrease in imports from China (€-9.21M or -49.3%), Germany (€-6.54M or -14.5%), and France (€-2.76M or -11.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-225M(-91.8%)
IMPORT GROWTH (May 2023 - May 2024)€-209M(-87.6%)
MAIN DESTINATION (May 2024)China€5.71M

This section shows Aluminum articles'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 Aluminum articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.74B
IMPORTS (2022)$4.39B
NET TRADE (2022)-$656M

In 2022, Belgium exported $3.74B in Aluminum articles. The main destinations of Belgium exports on Aluminum articles were Germany ($892M), Netherlands ($704M), France ($527M), Italy ($205M), and United Kingdom ($133M).

In 2022, Belgium imported $4.39B in Aluminum articles, mainly from Netherlands ($952M), Germany ($811M), France ($405M), China ($271M), and Poland ($219M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminum articles EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$179M (34%)
Germany$142M (18.9%)
Italy$78.5M (62.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminum articles BY Belgium WERE (2021 - 2022):
China-$29.5M (-42.1%)
Canada-$21.9M (-52.5%)
Austria-$19.9M (-29.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Aluminum articles were:
China $42.5B
Germany $20.8B
United States $14.2B
In 2022, Belgium's main importing competitors in Aluminum articles were:
United States $36.9B
Germany $27.1B
Netherlands $11.2B

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Trade Value of Aluminum articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $429M
TOP IMPORT POTENTIALGermany+ $324M

Aluminum articles’s highest export potential is Germany. With an export gap of $429M.   Aluminum articles’s highest import potential is Germany with an import gap of $324M.

See methodology.

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