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2023
Exports $84.7MWorld Rnk 12 / 135
Flag Rnk 470 / 1216
2023
Destination $4.3M Germany
2022 - 2023
FASTEST GROWING MARKET $4.3MGuatemala
2023
PRODUCT COMPLEXITY IN Metal-Rolling Mills1.02Rnk 170 / 1025
2023
Imports $53.8MWorld Rnk 30 / 194
Flag Rnk 598 / 1213
2023
Origin $2.47M Germany
2022 - 2023
FASTEST GROWING ORIGIN $2.47MIndia
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $84.7M in Metal-Rolling Mills, making it the 12th largest exporter of Metal-Rolling Mills in the world. At the same year, Metal-Rolling Mills was the 470th most exported product in Belgium. The main destination of Metal-Rolling Mills exports from Belgium are: Germany ($27.1M), France ($13.1M), India ($9.23M), United States ($8.05M), and Guatemala ($5.1M).

The fastest growing export markets for Metal-Rolling Mills of Belgium between 2022 and 2023 were Guatemala ($4.3M), Chinese Taipei ($1.8M), and United States ($1.72M).

Imports In 2023, Belgium imported $53.8M in Metal-Rolling Mills, becoming the 30th largest importer of Metal-Rolling Mills in the world. At the same year, Metal-Rolling Mills was the 598th most imported product in Belgium. Belgium imports Metal-Rolling Mills primarily from: Germany ($16.8M), France ($5.33M), China ($4.76M), Italy ($4.67M), and Austria ($3.49M).

The fastest growing import markets in Metal-Rolling Mills for Belgium between 2022 and 2023 were India ($2.47M), China ($1.88M), and South Africa ($1.45M).

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Metal-Rolling Mills exports accounted up to €7.61M and imports accounted up to €1.92M, resulting in a positive trade balance of €5.69M. Between October 2023 and October 2024 the exports of Belgium's   Metal-Rolling Mills have increased by €4.11M (117%) from €3.5M to €7.61M, while imports increased by €519k (37.2%) from €1.4M to €1.92M.

Destinations In October 2024, Metal-Rolling Mills were exported mostly to United States (€5.35M), Turkey (€1.48M), Egypt (€216k), India (€215k), and Mexico (€138k), and were imported mostly from Austria (€486k), Germany (€337k), China (€246k), Spain (€216k), and Netherlands (€208k).

Growth In October 2024, the increase in Metal-Rolling Mills's year-by-year exports was explained primarily by an increase in exports to United States (€526k or 384%), Turkey (€244k or 164%), and Spain (€127k or 139%). In October 2024, the increase in Metal-Rolling Mills's year-by-year imports was explained primarily by an increase in imports from Germany (€615k or 760%), Spain (€350k or 1.18k%), and Slovenia (€324k or 837%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€4.11M(117%)
IMPORT GROWTH (October 2023 - October 2024)€519k(37.2%)
MAIN DESTINATION (October 2024)United States€5.35M

This section shows Metal-Rolling Mills'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 Metal-Rolling Mills over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$84.7M
IMPORTS (2023)$53.8M
NET TRADE (2023)$30.9M

In 2023, Belgium exported $84.7M in Metal-Rolling Mills. The main destinations of Belgium exports on Metal-Rolling Mills were Germany ($27.1M), France ($13.1M), India ($9.23M), United States ($8.05M), and Guatemala ($5.1M).

In 2023, Belgium imported $53.8M in Metal-Rolling Mills, mainly from Germany ($16.8M), France ($5.33M), China ($4.76M), Italy ($4.67M), and Austria ($3.49M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal-Rolling Mills EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Guatemala$4.3M (539%)
Chinese Taipei$1.8M (190%)
United States$1.72M (27.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal-Rolling Mills BY Belgium WERE (2022 - 2023):
Netherlands-$2.23M (-42.6%)
France-$1.97M (-13.1%)
Italy-$1.36M (-56.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Metal-Rolling Mills were:
China $2.09B
Italy $856M
Germany $803M
In 2023, Belgium's main importing competitors in Metal-Rolling Mills were:
United States $889M
India $811M
Egypt $342M

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Trade Value of Metal-Rolling Mills by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.6M
TOP IMPORT POTENTIALGermany+ $5.53M

Metal-Rolling Mills’s highest export potential is Germany. With an export gap of $4.6M.   Metal-Rolling Mills’s highest import potential is Germany with an import gap of $5.53M.

See methodology.

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