2022
Exports
$6.35BWorld Rnk 5 / 98
Flag Rnk 8 / 1213
2022
PRODUCT COMPLEXITY IN Electricity
-0.67Rnk 750 / 1025
2022
Imports
$4.11BWorld Rnk 8 / 128
Flag Rnk 15 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $6.35B in Electricity, making it the 5th largest exporter of Electricity in the world. At the same year, Electricity was the 8th most exported product in Belgium. The main destination of Electricity exports from Belgium are: France ($3.21B), Netherlands ($1.24B), United Kingdom ($810M), Germany ($550M), and Luxembourg ($485M).

The fastest growing export markets for Electricity of Belgium between 2021 and 2022 were France ($2.13B), Netherlands ($676M), and Luxembourg ($350M).

Imports In 2022, Belgium imported $4.11B in Electricity, becoming the 8th largest importer of Electricity in the world. At the same year, Electricity was the 15th most imported product in Belgium. Belgium imports Electricity primarily from: Netherlands ($2.08B), Germany ($831M), United Kingdom ($608M), France ($504M), and Ukraine ($60.8M).

The fastest growing import markets in Electricity for Belgium between 2021 and 2022 were Netherlands ($1.09B), United Kingdom ($578M), and Germany ($449M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-44.4M(-32.7%)
IMPORT GROWTH (July 2023 - July 2024)€6.03M(7.78%)
MAIN DESTINATION (July 2024)United Kingdom€29.5M

This section shows Electricity'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 Electricity over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.35B
IMPORTS (2022)$4.11B
NET TRADE (2022)$2.23B

In 2022, Belgium exported $6.35B in Electricity. The main destinations of Belgium exports on Electricity were France ($3.21B), Netherlands ($1.24B), United Kingdom ($810M), Germany ($550M), and Luxembourg ($485M).

In 2022, Belgium imported $4.11B in Electricity, mainly from Netherlands ($2.08B), Germany ($831M), United Kingdom ($608M), France ($504M), and Ukraine ($60.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$2.13B (196%)
Netherlands$676M (120%)
Luxembourg$350M (259%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Belgium WERE (2021 - 2022):United Kingdom-$110M (-12%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Electricity were:
In 2022, Belgium's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $445M
TOP IMPORT POTENTIALGermany+ $341M

Electricity’s highest export potential is Germany. With an export gap of $445M.   Electricity’s highest import potential is Germany with an import gap of $341M.

See methodology.

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