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2023
Exports $573MWorld Rnk 25 / 224
Flag Rnk 62 / 96
2023
Destination $11M Netherlands
2022 - 2023
FASTEST GROWING MARKET $11MNetherlands
2023
PRODUCT COMPLEXITY IN Miscellaneous metal products1.03Rnk 166 / 1025
2023
Imports $1.04BWorld Rnk 19 / 225
Flag Rnk 49 / 96
2023
Origin $5.86M Germany
2022 - 2023
FASTEST GROWING ORIGIN $5.86MPoland
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $573M in Miscellaneous metal products, making it the 25th largest exporter of Miscellaneous metal products in the world. At the same year, Miscellaneous metal products was the 62nd most exported product in Belgium. The main destination of Miscellaneous metal products exports from Belgium are: Netherlands ($155M), France ($132M), Germany ($52.4M), Italy ($26.1M), and United Kingdom ($21.1M).

The fastest growing export markets for Miscellaneous metal products of Belgium between 2022 and 2023 were Netherlands ($11M), Germany ($4.07M), and Portugal ($2.53M).

Imports In 2023, Belgium imported $1.04B in Miscellaneous metal products, becoming the 19th largest importer of Miscellaneous metal products in the world. At the same year, Miscellaneous metal products was the 49th most imported product in Belgium. Belgium imports Miscellaneous metal products primarily from: Germany ($246M), Netherlands ($179M), China ($128M), France ($80.5M), and Italy ($64.3M).

The fastest growing import markets in Miscellaneous metal products for Belgium between 2022 and 2023 were Poland ($5.86M), Netherlands ($5.53M), and Sweden ($5.07M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (61), Brose Mechatronic Systems (47), and Elkem Silicones (20) were at the forefront of shipping Miscellaneous metal products from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Miscellaneous metal products exports accounted up to €44M and imports accounted up to €71.8M, resulting in a negative trade balance of €27.8M. Between November 2023 and November 2024 the exports of Belgium's   Miscellaneous metal products have increased by €8.42M (23.6%) from €35.6M to €44M, while imports increased by €18.5M (34.7%) from €53.3M to €71.8M.

Destinations In November 2024, Miscellaneous metal products were exported mostly to Netherlands (€12.8M), France (€6.23M), Germany (€5.03M), United Kingdom (€2.47M), and Poland (€2.25M), and were imported mostly from Germany (€15.9M), Netherlands (€12.5M), China (€11.1M), Austria (€4.8M), and France (€4.53M).

Growth In November 2024, the increase in Miscellaneous metal products's year-by-year exports was explained primarily by an increase in exports to China (€653k or 60.9%), Spain (€516k or 84.2%), and Switzerland (€280k or 123%). In November 2024, the increase in Miscellaneous metal products's year-by-year imports was explained primarily by an increase in imports from Poland (€2.07M or 125%), Sweden (€361k or 25.4%), and Romania (€138k or 49.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€8.42M(23.6%)
IMPORT GROWTH (November 2023 - November 2024)€18.5M(34.7%)
MAIN DESTINATION (November 2024)Netherlands€12.8M

This section shows Miscellaneous metal products'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 Miscellaneous metal products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$573M
IMPORTS (2023)$1.04B
NET TRADE (2023)-$470M

In 2023, Belgium exported $573M in Miscellaneous metal products. The main destinations of Belgium exports on Miscellaneous metal products were Netherlands ($155M), France ($132M), Germany ($52.4M), Italy ($26.1M), and United Kingdom ($21.1M).

In 2023, Belgium imported $1.04B in Miscellaneous metal products, mainly from Germany ($246M), Netherlands ($179M), China ($128M), France ($80.5M), and Italy ($64.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Miscellaneous metal products EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Netherlands$11M (7.63%)
Germany$4.07M (8.43%)
Portugal$2.53M (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Miscellaneous metal products BY Belgium WERE (2022 - 2023):
India-$5.32M (-64.1%)
Sweden-$3.37M (-19.4%)
Russia-$2.38M (-82.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Miscellaneous metal products were:
China $25.7B
Germany $8.24B
United States $4.9B
In 2023, Belgium's main importing competitors in Miscellaneous metal products were:
United States $15B
Germany $5.53B
France $3.79B

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Trade Value of Miscellaneous metal products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $56.5M
TOP IMPORT POTENTIALGermany+ $116M

Miscellaneous metal products’s highest export potential is Germany. With an export gap of $56.5M.   Miscellaneous metal products’s highest import potential is Germany with an import gap of $116M.

See methodology.

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