2022
Exports
$8.94BWorld Rnk 16 / 226
Flag Rnk 11 / 96
2022
PRODUCT COMPLEXITY IN Optical, photo, & film equipment; medical instruments
2.12Rnk 3 / 1025
2022
Imports
$13.4BWorld Rnk 15 / 226
Flag Rnk 10 / 96
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $8.94B in Optical, photo, & film equipment; medical instruments, making it the 16th largest exporter of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 11th most exported product in Belgium. The main destination of Optical, photo, & film equipment; medical instruments exports from Belgium are: France ($1.08B), Germany ($787M), Italy ($752M), Netherlands ($698M), and China ($596M).

The fastest growing export markets for Optical, photo, & film equipment; medical instruments of Belgium between 2021 and 2022 were Russia ($52.6M), Netherlands ($41.1M), and Saudi Arabia ($34.8M).

Imports In 2022, Belgium imported $13.4B in Optical, photo, & film equipment; medical instruments, becoming the 15th largest importer of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 10th most imported product in Belgium. Belgium imports Optical, photo, & film equipment; medical instruments primarily from: United States ($2.97B), Netherlands ($1.92B), Germany ($1.38B), Mexico ($974M), and Switzerland ($785M).

The fastest growing import markets in Optical, photo, & film equipment; medical instruments for Belgium between 2021 and 2022 were Mexico ($527M), Netherlands ($229M), and Spain ($43.8M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (111), ZF Friedrichshafen (20), and Euromarket Designs (18) were at the forefront of shipping Optical, photo, & film equipment; medical instruments from Belgium to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€59.7M(8.7%)
IMPORT GROWTH (August 2023 - August 2024)€-4.29M(-0.62%)
MAIN DESTINATION (August 2024)Germany€80.5M

This section shows Optical, photo, & film equipment; medical instruments'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 Optical, photo, & film equipment; medical instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.94B
IMPORTS (2022)$13.4B
NET TRADE (2022)-$4.41B

In 2022, Belgium exported $8.94B in Optical, photo, & film equipment; medical instruments. The main destinations of Belgium exports on Optical, photo, & film equipment; medical instruments were France ($1.08B), Germany ($787M), Italy ($752M), Netherlands ($698M), and China ($596M).

In 2022, Belgium imported $13.4B in Optical, photo, & film equipment; medical instruments, mainly from United States ($2.97B), Netherlands ($1.92B), Germany ($1.38B), Mexico ($974M), and Switzerland ($785M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Optical, photo, & film equipment; medical instruments EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Russia$52.6M (31.3%)
Netherlands$41.1M (6.26%)
Saudi Arabia$34.8M (39.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Optical, photo, & film equipment; medical instruments BY Belgium WERE (2021 - 2022):
United Kingdom-$317M (-45.1%)
Germany-$221M (-21.9%)
France-$158M (-12.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Optical, photo, & film equipment; medical instruments were:
In 2022, Belgium's main importing competitors in Optical, photo, & film equipment; medical instruments were:

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Trade Value of Optical, photo, & film equipment; medical instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $667M
TOP IMPORT POTENTIALGermany+ $958M

Optical, photo, & film equipment; medical instruments’s highest export potential is Germany. With an export gap of $667M.   Optical, photo, & film equipment; medical instruments’s highest import potential is Germany with an import gap of $958M.

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