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2023
Exports $319MWorld Rnk 15 / 175
Flag Rnk 218 / 1216
2023
Destination $14.7M Netherlands
2022 - 2023
FASTEST GROWING MARKET $14.7MFrance
2023
PRODUCT COMPLEXITY IN Cement-1.48Rnk 943 / 1025
2023
Imports $195MWorld Rnk 18 / 224
Flag Rnk 328 / 1213
2023
Origin $13.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $13.2MIreland
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $319M in Cement, making it the 15th largest exporter of Cement in the world. At the same year, Cement was the 218th most exported product in Belgium. The main destination of Cement exports from Belgium are: Netherlands ($176M), France ($130M), Germany ($5.52M), Luxembourg ($3.55M), and United Kingdom ($941k).

The fastest growing export markets for Cement of Belgium between 2022 and 2023 were France ($14.7M), Luxembourg ($2.46M), and Ireland ($557k).

Imports In 2023, Belgium imported $195M in Cement, becoming the 18th largest importer of Cement in the world. At the same year, Cement was the 328th most imported product in Belgium. Belgium imports Cement primarily from: Germany ($39.9M), Ireland ($37.9M), Netherlands ($27.7M), Turkey ($25.4M), and France ($16.5M).

The fastest growing import markets in Cement for Belgium between 2022 and 2023 were Ireland ($13.2M), France ($12.5M), and Egypt ($6.29M).

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Cement exports accounted up to €35.7M and imports accounted up to €14.5M, resulting in a positive trade balance of €21.2M. Between October 2023 and October 2024 the exports of Belgium's   Cement have increased by €3.61M (11.3%) from €32M to €35.7M, while imports decreased by €-1.61M (-10%) from €16.1M to €14.5M.

Destinations In October 2024, Cement were exported mostly to Netherlands (€21.4M), France (€11.2M), Luxembourg (€1.1M), United Kingdom (€903k), and Faroe Islands (€417k), and were imported mostly from Germany (€3.81M), Ireland (€3.45M), Netherlands (€2.67M), Egypt (€2.66M), and Luxembourg (€918k).

Growth In October 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 October 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 (October 2023 - October 2024)€3.61M(11.3%)
IMPORT GROWTH (October 2023 - October 2024)€-1.61M(-10%)
MAIN DESTINATION (October 2024)Netherlands€21.4M

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 (2023)$319M
IMPORTS (2023)$195M
NET TRADE (2023)$124M

In 2023, Belgium exported $319M in Cement. The main destinations of Belgium exports on Cement were Netherlands ($176M), France ($130M), Germany ($5.52M), Luxembourg ($3.55M), and United Kingdom ($941k).

In 2023, Belgium imported $195M in Cement, mainly from Germany ($39.9M), Ireland ($37.9M), Netherlands ($27.7M), Turkey ($25.4M), and France ($16.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
France$14.7M (12.7%)
Luxembourg$2.46M (226%)
Ireland$557k (297%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Belgium WERE (2022 - 2023):
Netherlands-$6.71M (-3.67%)
United Kingdom-$1.62M (-63.3%)
Republic of the Congo-$1.21M (-98%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Cement were:
Turkey $1.65B
Vietnam $1.58B
Egypt $841M
In 2023, Belgium's main importing competitors in Cement were:
United States $2.55B
France $620M
Philippines $551M

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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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