HS Icon Iron and steel in  Flag Belgium

2019
Exports | Imports
: $16.1B | $10.8B, World Rnk 6 / 220
Flag Rnk 8 / 96 | World Rnk 12 / 224
Flag Rnk 10 / 96

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $71.5M | $28.4M, Egypt |  Mexico

2019
ECONOMIC COMPLEXITY of Belgium
: 1.32, Rnk 18 / 147

2019
PRODUCT COMPLEXITY  IN Iron and steel
: 0.15, Rnk 42 / 96

Exports In 2019, Belgium exported $16.1B in Iron and steel, making it the 6th largest exporter of Iron and steel in the world. At the same year, Iron and steel was the 8th most exported product in Belgium. The main destination of Iron and steel exports from Belgium are: Germany ($4.2B), France ($3.47B), Netherlands ($2.01B), Turkey ($717M), and United Kingdom ($683M).

The fastest growing export markets for Iron and steel of Belgium between 2018 and 2019 were Egypt ($71.5M), Mexico ($53.6M), and South Korea ($44.6M).

Imports In 2019, Belgium imported $10.8B in Iron and steel, becoming the 12th largest importer of Iron and steel in the world. At the same year, Iron and steel was the 10th most imported product in Belgium. Belgium imports Iron and steel primarily from: Germany ($2.16B), France ($1.87B), Netherlands ($1.3B), Russia ($1.04B), and China ($551M).

The fastest growing import markets in Iron and steel for Belgium between 2018 and 2019 were Mexico ($28.4M), Japan ($10.3M), and Indonesia ($9.89M).

Tariffs In 2017, the average tariff for Belgium in Iron and steel was 0.15%. The countries with the highest import tariffs for Iron and steel were Ukraine (European Union Generalized System of Preference, 3.11%), Republic of the Congo (European Union Generalized System of Preference, 1.35%), Nigeria (European Union Generalized System of Preference, 1.35%), Indonesia (European Union Generalized System of Preference, 1.35%), and India (European Union Generalized System of Preference, 1.35%).

July 2021

Subnational Monthly Trade

#permalink to section
Time Scale
Flow
Value

EXPORT GROWTH (July 2020 - July 2021): €407M, (53.5%)

IMPORT GROWTH (July 2020 - July 2021): €578M, (135%)

MAIN DESTINATION (July 2021): France, €314M

This section shows Iron and steel'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 Iron and steel over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2019): $16.1B

IMPORTS (2019): $10.8B

NET TRADE (2019): $5.31B

In 2019, Belgium exported $16.1B in Iron and steel. The main destinations of Belgium exports on Iron and steel were Germany ($4.2B), France ($3.47B), Netherlands ($2.01B), Turkey ($717M), and United Kingdom ($683M).

In 2019, Belgium imported $10.8B in Iron and steel, mainly from Germany ($2.16B), France ($1.87B), Netherlands ($1.3B), Russia ($1.04B), and China ($551M).

Explore Visualizations

IN 2019, Belgium HAD A POSITIVE NET TRADE IN Iron and steel WITH:

IN 2019, Belgium HAD A NEGATIVE NET TRADE IN Iron and steel WITH:

Flow

THE FASTEST GROWING Iron and steel EXPORT MARKETS FOR Belgium WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron and steel BY Belgium WERE (2018 - 2019):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2019, Belgium's main exporting competitors in Iron and steel were:

In 2019, Belgium's main importing competitors in Iron and steel were:

Explore Visualizations

Tariffs by Country

#permalink to section

In 2017, the average tariff for Belgium in Iron and steel was 0.15%.

The countries with the highest tariffs for Iron and steel in Belgium were Ukraine (European Union Generalized System of Preference, 3.11%), Republic of the Congo (European Union Generalized System of Preference, 1.35%), Nigeria (European Union Generalized System of Preference, 1.35%), Indonesia (European Union Generalized System of Preference, 1.35%), and India (European Union Generalized System of Preference, 1.35%).