Large Coated Flat-Rolled Iron in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $341M in Large Coated Flat-Rolled Iron, making it the 5th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 196th most exported product in Belgium. The main destination of Large Coated Flat-Rolled Iron exports from Belgium are: France ($141M), Germany ($62M), Netherlands ($37.5M), Italy ($15.9M), and Mexico ($15.5M).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Belgium between 2021 and 2022 were Mexico ($9.98M), Italy ($4.47M), and China ($2.07M).

Imports In 2022, Belgium imported $96M in Large Coated Flat-Rolled Iron, becoming the 21st largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 525th most imported product in Belgium. Belgium imports Large Coated Flat-Rolled Iron primarily from: Germany ($29.2M), Netherlands ($23.3M), France ($11.4M), Poland ($6.12M), and India ($3.77M).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Belgium between 2021 and 2022 were Poland ($3.77M), Vietnam ($1.96M), and Spain ($1.01M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Large Coated Flat-Rolled Iron from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Large Coated Flat-Rolled Iron exports accounted up to €11.9M and imports accounted up to €2.81M, resulting in a positive trade balance of €9.12M. Between December 2022 and December 2023 the exports of Belgium's Large Coated Flat-Rolled Iron have decreased by €-8.13M (-40.5%) from €20.1M to €11.9M, while imports decreased by €-2.47M (-46.8%) from €5.27M to €2.81M.

Destinations In December 2023, Large Coated Flat-Rolled Iron were exported mostly to France (€4.02M), Germany (€2.25M), Netherlands (€1.56M), Italy (€1.03M), and Mexico (€763k), and were imported mostly from Netherlands (€1.56M), Germany (€660k), Greece (€179k), France (€126k), and Chinese Taipei (€104k).

Growth In December 2023, the decrease in Large Coated Flat-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to France (€-3.12M or -25.7%), Germany (€-1.9M or -45.5%), and Poland (€-731k or -85.3%). In December 2023, the decrease in Large Coated Flat-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from France (€-627k or -52.5%), Germany (€-351k or -13.7%), and United Kingdom (€-95.1k or -100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-8.13M(-40.5%)

IMPORT GROWTH (December 2022 - December 2023)€-2.47M(-46.8%)

MAIN DESTINATION (December 2023)France€4.02M

This section shows Large Coated Flat-Rolled Iron'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 Large Coated Flat-Rolled Iron over time.

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