Cutting Blades in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $32.3M in Cutting Blades, making it the 20th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 641st most exported product in Belgium. The main destination of Cutting Blades exports from Belgium are: Netherlands ($4.82M), France ($4.8M), United States ($3.06M), Germany ($2.68M), and Spain ($2.1M).

The fastest growing export markets for Cutting Blades of Belgium between 2021 and 2022 were India ($728k), United States ($302k), and Saudi Arabia ($143k).

Imports In 2022, Belgium imported $53.8M in Cutting Blades, becoming the 17th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 644th most imported product in Belgium. Belgium imports Cutting Blades primarily from: Germany ($15.5M), Netherlands ($11.9M), United States ($6.22M), France ($6.09M), and Austria ($2.17M).

The fastest growing import markets in Cutting Blades for Belgium between 2021 and 2022 were Netherlands ($2.68M), United States ($2M), and China ($526k).

COMPANIES In 2023, leading companies such as STIHL INCORPORATED (26) were at the forefront of shipping Cutting Blades from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Cutting Blades exports accounted up to €2.33M and imports accounted up to €2.86M, resulting in a negative trade balance of €536k. Between December 2022 and December 2023 the exports of Belgium's Cutting Blades have decreased by €-9.62k (-0.41%) from €2.33M to €2.33M, while imports decreased by €-335k (-10.5%) from €3.2M to €2.86M.

Destinations In December 2023, Cutting Blades were exported mostly to France (€528k), Netherlands (€422k), Germany (€290k), United States (€204k), and United Kingdom (€121k), and were imported mostly from Germany (€726k), Netherlands (€722k), United States (€246k), Italy (€177k), and France (€155k).

Growth In December 2023, the decrease in Cutting Blades's year-by-year exports was explained primarily by a decrease in exports to Indonesia (€-68.7k or -99.8%), Denmark (€-66k or -83.2%), and Spain (€-64.3k or -32.3%). In December 2023, the decrease in Cutting Blades's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-311k or -84.2%), Indonesia (€-57.9k or -56.5%), and Poland (€-48.9k or -91.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-9.62k(-0.41%)

IMPORT GROWTH (December 2022 - December 2023)€-335k(-10.5%)

MAIN DESTINATION (December 2023)France€528k

This section shows Cutting Blades'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 Cutting Blades over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$32.3M

IMPORTS (2022)$53.8M

NET TRADE (2022)-$21.6M

In 2022, Belgium exported $32.3M in Cutting Blades. The main destinations of Belgium exports on Cutting Blades were Netherlands ($4.82M), France ($4.8M), United States ($3.06M), Germany ($2.68M), and Spain ($2.1M).

In 2022, Belgium imported $53.8M in Cutting Blades, mainly from Germany ($15.5M), Netherlands ($11.9M), United States ($6.22M), France ($6.09M), and Austria ($2.17M).

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