Iron Radiators in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $165M in Iron Radiators, making it the 11th largest exporter of Iron Radiators in the world. At the same year, Iron Radiators was the 347th most exported product in Belgium. The main destination of Iron Radiators exports from Belgium are: Netherlands ($61.5M), France ($46.8M), Germany ($20.4M), Luxembourg ($5.23M), and Canada ($4M).

The fastest growing export markets for Iron Radiators of Belgium between 2021 and 2022 were Ireland ($1.6M), Iceland ($827k), and Italy ($637k).

Imports In 2022, Belgium imported $123M in Iron Radiators, becoming the 8th largest importer of Iron Radiators in the world. At the same year, Iron Radiators was the 457th most imported product in Belgium. Belgium imports Iron Radiators primarily from: Netherlands ($53.6M), Poland ($20.9M), Germany ($15M), Czechia ($9.72M), and France ($5.55M).

The fastest growing import markets in Iron Radiators for Belgium between 2021 and 2022 were France ($142k), Greece ($133k), and Luxembourg ($117k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Radiators from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Iron Radiators exports accounted up to €6.88M and imports accounted up to €9.3M, resulting in a negative trade balance of €2.42M. Between December 2022 and December 2023 the exports of Belgium's Iron Radiators have decreased by €-1.68M (-19.6%) from €8.56M to €6.88M, while imports increased by €1.77M (23.6%) from €7.53M to €9.3M.

Destinations In December 2023, Iron Radiators were exported mostly to Netherlands (€2.32M), France (€1.64M), Germany (€859k), Canada (€662k), and Luxembourg (€317k), and were imported mostly from Netherlands (€3.83M), Turkey (€1.47M), Poland (€1.4M), France (€712k), and Czechia (€682k).

Growth In December 2023, the decrease in Iron Radiators's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-1.24M or -22.5%), France (€-540k or -11.7%), and Spain (€-47.8k or -19.3%). In December 2023, the increase in Iron Radiators's year-by-year imports was explained primarily by an increase in imports from France (€77.8k or 15.3%), Slovenia (€16.7k or 217%), and Luxembourg (€1.79k or 39.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-1.68M(-19.6%)

IMPORT GROWTH (December 2022 - December 2023)€1.77M(23.6%)

MAIN DESTINATION (December 2023)Netherlands€2.32M

This section shows Iron Radiators'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 Radiators over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$165M

IMPORTS (2022)$123M

NET TRADE (2022)$42.3M

In 2022, Belgium exported $165M in Iron Radiators. The main destinations of Belgium exports on Iron Radiators were Netherlands ($61.5M), France ($46.8M), Germany ($20.4M), Luxembourg ($5.23M), and Canada ($4M).

In 2022, Belgium imported $123M in Iron Radiators, mainly from Netherlands ($53.6M), Poland ($20.9M), Germany ($15M), Czechia ($9.72M), and France ($5.55M).

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