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2022
Exports $419MWorld Rnk 7 / 178
Flag Rnk 167 / 1213
2022
Destination $28.5M Netherlands
2021 - 2022
FASTEST GROWING MARKET $28.5MNetherlands
2022
PRODUCT COMPLEXITY IN Cement Articles0.38Rnk 417 / 1025
2022
Imports $204MWorld Rnk 14 / 221
Flag Rnk 353 / 1214
2022
Origin $8.67M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $8.67MIsrael
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $419M in Cement Articles, making it the 7th largest exporter of Cement Articles in the world. At the same year, Cement Articles was the 167th most exported product in Belgium. The main destination of Cement Articles exports from Belgium are: Netherlands ($191M), France ($128M), Luxembourg ($25.7M), Germany ($22.9M), and United Kingdom ($17.1M).

The fastest growing export markets for Cement Articles of Belgium between 2021 and 2022 were Netherlands ($28.5M), France ($18.5M), and Denmark ($2.77M).

Imports In 2022, Belgium imported $204M in Cement Articles, becoming the 14th largest importer of Cement Articles in the world. At the same year, Cement Articles was the 353rd most imported product in Belgium. Belgium imports Cement Articles primarily from: Netherlands ($72.2M), Germany ($40.3M), France ($24.3M), Israel ($12.9M), and China ($10.9M).

The fastest growing import markets in Cement Articles for Belgium between 2021 and 2022 were Israel ($8.67M), Luxembourg ($571k), and Romania ($244k).

COMPANIES In 2023, leading companies such as Konecranes (2) and Bedrosians Tile & Stone (1) were at the forefront of shipping Cement Articles from Belgium to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Cement Articles exports accounted up to €24.1M and imports accounted up to €11.3M, resulting in a positive trade balance of €12.8M. Between July 2023 and July 2024 the exports of Belgium's   Cement Articles have increased by €3.12M (14.9%) from €20.9M to €24.1M, while imports increased by €3.91M (53%) from €7.38M to €11.3M.

Destinations In July 2024, Cement Articles were exported mostly to France (€9.59M), Netherlands (€9.07M), United Kingdom (€1.47M), Germany (€1.4M), and Luxembourg (€800k), and were imported mostly from Netherlands (€4.68M), France (€1.99M), Germany (€1.93M), China (€850k), and Vietnam (€520k).

Growth In July 2024, the increase in Cement Articles's year-by-year exports was explained primarily by an increase in exports to France (€3.43M or 52.5%), United Kingdom (€1.09M or 189%), and United States (€195k or 265%). In July 2024, the increase in Cement Articles's year-by-year imports was explained primarily by an increase in imports from France (€1.42M or 282%), Vietnam (€82.5k or 43%), and India (€27.2k or 93.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€3.12M(14.9%)
IMPORT GROWTH (July 2023 - July 2024)€3.91M(53%)
MAIN DESTINATION (July 2024)France€9.59M

This section shows Cement 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 Cement Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$419M
IMPORTS (2022)$204M
NET TRADE (2022)$215M

In 2022, Belgium exported $419M in Cement Articles. The main destinations of Belgium exports on Cement Articles were Netherlands ($191M), France ($128M), Luxembourg ($25.7M), Germany ($22.9M), and United Kingdom ($17.1M).

In 2022, Belgium imported $204M in Cement Articles, mainly from Netherlands ($72.2M), Germany ($40.3M), France ($24.3M), Israel ($12.9M), and China ($10.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement Articles EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$28.5M (17.5%)
France$18.5M (16.9%)
Denmark$2.77M (289%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement Articles BY Belgium WERE (2021 - 2022):
Luxembourg-$4.24M (-14.1%)
Germany-$1.92M (-7.75%)
Switzerland-$639k (-15.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Cement Articles were:
China $3B
Germany $1.1B
Spain $981M
In 2022, Belgium's main importing competitors in Cement Articles were:
United States $2.93B
Netherlands $634M
Germany $609M

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Trade Value of Cement Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19.5M
TOP IMPORT POTENTIALGermany+ $18.3M

Cement Articles’s highest export potential is Germany. With an export gap of $19.5M.   Cement Articles’s highest import potential is Germany with an import gap of $18.3M.

See methodology.

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