HS Icon Tanks and Armored vehicles in  Flag Belgium

2020
Exports | Imports
: $850M | $34.5M, World Rnk 3 / 78
Flag Rnk 65 / 1215 | World Rnk 30 / 124
Flag Rnk 686 / 1212

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $16.3M | $748k, Canada |  Germany


ECONOMIC COMPLEXITY of Belgium
: 1.33, Rnk 17 / 127


PRODUCT COMPLEXITY  IN Tanks and Armored vehicles
: -0.38, Rnk 665 / 1028

Exports In 2020, Belgium exported $850M in Tanks and Armored vehicles, making it the 3rd largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 65th most exported product in Belgium. The main destination of Tanks and Armored vehicles exports from Belgium are: Canada ($826M), Switzerland ($10.6M), Indonesia ($4.13M), United States ($3.69M), and Spain ($1.69M).

The fastest growing export markets for Tanks and Armored vehicles of Belgium between 2019 and 2020 were Canada ($16.3M), Switzerland ($9.63M), and Spain ($1.66M).

Imports In 2020, Belgium imported $34.5M in Tanks and Armored vehicles, becoming the 30th largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 686th most imported product in Belgium. Belgium imports Tanks and Armored vehicles primarily from: France ($21.4M), United States ($6.38M), Germany ($1.83M), Denmark ($1.38M), and South Korea ($1.27M).

The fastest growing import markets in Tanks and Armored vehicles for Belgium between 2019 and 2020 were Germany ($748k), Luxembourg ($24.3k), and Czechia ($9.77k).

Tariffs In 2019, the average tariff for Belgium in Tanks and Armored vehicles was 0.62%. The countries with the highest import tariffs for Tanks and Armored vehicles were Republic of the Congo (Most Favoured Nation duty rate treatement, 1.7%), Western Sahara (Most Favoured Nation duty rate treatement, 1.7%), Gabon (Most Favoured Nation duty rate treatement, 1.7%), Libya (Most Favoured Nation duty rate treatement, 1.7%), and Mayotte (Most Favoured Nation duty rate treatement, 1.7%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2021 - April 2022): €-74.2M, (-99.1%)

IMPORT GROWTH (April 2021 - April 2022): €-1.59M, (-20.6%)

MAIN DESTINATION (April 2022): France, €280k

This section shows Tanks and Armored vehicles'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 Tanks and Armored vehicles over time.

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Historical Data

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EXPORTS (2020): $850M

IMPORTS (2020): $34.5M

NET TRADE (2020): $815M

In 2020, Belgium exported $850M in Tanks and Armored vehicles. The main destinations of Belgium exports on Tanks and Armored vehicles were Canada ($826M), Switzerland ($10.6M), Indonesia ($4.13M), United States ($3.69M), and Spain ($1.69M).

In 2020, Belgium imported $34.5M in Tanks and Armored vehicles, mainly from France ($21.4M), United States ($6.38M), Germany ($1.83M), Denmark ($1.38M), and South Korea ($1.27M).

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IN 2020, Belgium HAD A POSITIVE NET TRADE IN Tanks and Armored vehicles WITH:

IN 2020, Belgium HAD A NEGATIVE NET TRADE IN Tanks and Armored vehicles WITH:

Flow

THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR Belgium WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Belgium WERE (2019 - 2020):

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Market Concentration

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In 2019, Belgium's main exporting competitors in Tanks and Armored vehicles were:

In 2019, Belgium's main importing competitors in Tanks and Armored vehicles were:

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