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2022
Exports $317MWorld Rnk 14 / 170
Flag Rnk 212 / 1213
2022
Destination $30.9M Netherlands
2021 - 2022
FASTEST GROWING MARKET $30.9MNetherlands
2022
PRODUCT COMPLEXITY IN Cement-1.46Rnk 943 / 1025
2022
Imports $174MWorld Rnk 18 / 224
Flag Rnk 380 / 1214
2022
Origin $14.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $14.6MTurkey
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $317M in Cement, making it the 14th largest exporter of Cement in the world. At the same year, Cement was the 212th most exported product in Belgium. The main destination of Cement exports from Belgium are: Netherlands ($171M), France ($130M), Germany ($9.14M), United Kingdom ($3.99M), and Luxembourg ($2.23M).

The fastest growing export markets for Cement of Belgium between 2021 and 2022 were Netherlands ($30.9M), Germany ($635k), and Mauritania ($107k).

Imports In 2022, Belgium imported $174M in Cement, becoming the 18th largest importer of Cement in the world. At the same year, Cement was the 380th most imported product in Belgium. Belgium imports Cement primarily from: Germany ($41.8M), Turkey ($37.2M), Netherlands ($22.5M), Algeria ($19M), and Spain ($13.8M).

The fastest growing import markets in Cement for Belgium between 2021 and 2022 were Turkey ($14.6M), Tunisia ($5.97M), and Algeria ($5.13M).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Cement exports accounted up to €29.7M and imports accounted up to €8.58M, resulting in a positive trade balance of €21.1M. Between July 2023 and July 2024 the exports of Belgium's   Cement have increased by €86.2k (0.29%) from €29.6M to €29.7M, while imports decreased by €-1.18M (-12.1%) from €9.76M to €8.58M.

Destinations In July 2024, Cement were exported mostly to Netherlands (€14.7M), France (€12.6M), United Kingdom (€832k), Luxembourg (€752k), and Faroe Islands (€440k), and were imported mostly from Germany (€2.35M), Algeria (€1.68M), Ireland (€1.63M), Netherlands (€1.34M), and Luxembourg (€748k).

Growth In July 2024, the increase in Cement's year-by-year exports was explained primarily by an increase in exports to Netherlands (€2.44M or 24.1%), France (€1.66M or 18.2%), and Germany (€67k or 12.1%). In July 2024, the decrease in Cement's year-by-year imports was explained primarily by a decrease in imports from Ireland (€-913k or -54.6%), Germany (€-802k or -31.1%), and France (€-110k or -34.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€86.2k(0.29%)
IMPORT GROWTH (July 2023 - July 2024)€-1.18M(-12.1%)
MAIN DESTINATION (July 2024)Netherlands€14.7M

This section shows Cement'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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$317M
IMPORTS (2022)$174M
NET TRADE (2022)$143M

In 2022, Belgium exported $317M in Cement. The main destinations of Belgium exports on Cement were Netherlands ($171M), France ($130M), Germany ($9.14M), United Kingdom ($3.99M), and Luxembourg ($2.23M).

In 2022, Belgium imported $174M in Cement, mainly from Germany ($41.8M), Turkey ($37.2M), Netherlands ($22.5M), Algeria ($19M), and Spain ($13.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$30.9M (22.1%)
Germany$635k (7.47%)
Mauritania$107k (1.23k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Belgium WERE (2021 - 2022):
United Kingdom-$5.52M (-58.1%)
France-$643k (-0.49%)
Luxembourg-$354k (-13.7%)
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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 were:
Turkey $1.76B
Vietnam $1.54B
United Arab Emirates $643M
In 2022, Belgium's main importing competitors in Cement were:
United States $2.28B
Bangladesh $688M
Kuwait $632M

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.43M
TOP IMPORT POTENTIALGermany+ $8.67M

Cement’s highest export potential is Germany. With an export gap of $7.43M.   Cement’s highest import potential is Germany with an import gap of $8.67M.

See methodology.

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