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2022
Exports $328MWorld Rnk 14 / 162
Flag Rnk 74 / 96
2022
Destination $11.6M Germany
2021 - 2022
FASTEST GROWING MARKET $11.6MFrance
2022
PRODUCT COMPLEXITY IN Cermet articles1.9Rnk 12 / 1025
2022
Imports $581MWorld Rnk 12 / 203
Flag Rnk 68 / 96
2022
Origin $24.5M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $24.5MCanada
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $328M in Cermet articles, making it the 14th largest exporter of Cermet articles in the world. At the same year, Cermet articles was the 74th most exported product in Belgium. The main destination of Cermet articles exports from Belgium are: Germany ($54.5M), France ($52M), United States ($29.6M), Japan ($18.1M), and Netherlands ($16M).

The fastest growing export markets for Cermet articles of Belgium between 2021 and 2022 were France ($11.6M), Hong Kong ($9.28M), and Finland ($8.52M).

Imports In 2022, Belgium imported $581M in Cermet articles, becoming the 12th largest importer of Cermet articles in the world. At the same year, Cermet articles was the 68th most imported product in Belgium. Belgium imports Cermet articles primarily from: Netherlands ($70.9M), United States ($67M), Canada ($53.8M), Luxembourg ($50.4M), and China ($48.8M).

The fastest growing import markets in Cermet articles for Belgium between 2021 and 2022 were Canada ($24.5M), Luxembourg ($23.4M), and Japan ($21.9M).

COMPANIES In 2023, leading companies such as DuPont (7) were at the forefront of shipping Cermet articles from Belgium to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Cermet articles exports accounted up to €18.9M and imports accounted up to €29.9M, resulting in a negative trade balance of €11M. Between August 2023 and August 2024 the exports of Belgium's   Cermet articles have increased by €5.67M (42.8%) from €13.2M to €18.9M, while imports increased by €5.12M (20.7%) from €24.8M to €29.9M.

Destinations In August 2024, Cermet articles were exported mostly to Japan (€5.19M), Germany (€3.35M), France (€2.82M), United Kingdom (€1.42M), and Netherlands (€1.22M), and were imported mostly from Tajikistan (€10M), United States (€4.97M), Finland (€2.56M), Canada (€2.43M), and Germany (€1.74M).

Growth In August 2024, the increase in Cermet articles's year-by-year exports was explained primarily by an increase in exports to Finland (€4.36M or 13.5k%), Brazil (€3.35M or 2.5k%), and Germany (€1.76M or 55.3%). In August 2024, the increase in Cermet articles's year-by-year imports was explained primarily by an increase in imports from United States (€1.23M or 27.2%), France (€352k or 27.4%), and Russia (€167k or 13.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€5.67M(42.8%)
IMPORT GROWTH (August 2023 - August 2024)€5.12M(20.7%)
MAIN DESTINATION (August 2024)Japan€5.19M

This section shows Cermet 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 Cermet articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$328M
IMPORTS (2022)$581M
NET TRADE (2022)-$253M

In 2022, Belgium exported $328M in Cermet articles. The main destinations of Belgium exports on Cermet articles were Germany ($54.5M), France ($52M), United States ($29.6M), Japan ($18.1M), and Netherlands ($16M).

In 2022, Belgium imported $581M in Cermet articles, mainly from Netherlands ($70.9M), United States ($67M), Canada ($53.8M), Luxembourg ($50.4M), and China ($48.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cermet articles EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$11.6M (28.7%)
Hong Kong$9.28M (1.6k%)
Finland$8.52M (270%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermet articles BY Belgium WERE (2021 - 2022):
United Kingdom-$11M (-54.9%)
Chinese Taipei-$9.1M (-43.3%)
China-$4.41M (-38.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Cermet articles were:
China $6.8B
Democratic Republic of the Congo $5.99B
United States $3B
In 2022, Belgium's main importing competitors in Cermet articles were:
China $7.35B
United States $3.94B
Germany $2.4B

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Trade Value of Cermet articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $23.4M
TOP IMPORT POTENTIALGermany+ $18.2M

Cermet articles’s highest export potential is Germany. With an export gap of $23.4M.   Cermet articles’s highest import potential is Germany with an import gap of $18.2M.

See methodology.

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