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2022
Exports $229MWorld Rnk 10 / 164
Flag Rnk 274 / 1213
2022
Destination $8.11M France
2021 - 2022
FASTEST GROWING MARKET $8.11MIraq
2022
PRODUCT COMPLEXITY IN Other Agricultural Machinery0.88Rnk 213 / 1025
2022
Imports $167MWorld Rnk 12 / 217
Flag Rnk 395 / 1214
2022
Origin $8.01M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $8.01MUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $229M in Other Agricultural Machinery, making it the 10th largest exporter of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 274th most exported product in Belgium. The main destination of Other Agricultural Machinery exports from Belgium are: France ($23.2M), Netherlands ($20.8M), Iraq ($17.9M), Italy ($11M), and Germany ($10.9M).

The fastest growing export markets for Other Agricultural Machinery of Belgium between 2021 and 2022 were Iraq ($8.11M), Saudi Arabia ($4.63M), and Australia ($4.58M).

Imports In 2022, Belgium imported $167M in Other Agricultural Machinery, becoming the 12th largest importer of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 395th most imported product in Belgium. Belgium imports Other Agricultural Machinery primarily from: Netherlands ($70.6M), United States ($15.2M), Finland ($13.1M), France ($12M), and Germany ($11.7M).

The fastest growing import markets in Other Agricultural Machinery for Belgium between 2021 and 2022 were United States ($8.01M), Netherlands ($1.44M), and Brazil ($1.19M).

COMPANIES In 2023, leading companies such as John Deere (2) were at the forefront of shipping Other Agricultural Machinery from Belgium to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Other Agricultural Machinery exports accounted up to €13.5M and imports accounted up to €7.06M, resulting in a positive trade balance of €6.39M. Between August 2023 and August 2024 the exports of Belgium's   Other Agricultural Machinery have decreased by €-6.36M (-32.1%) from €19.8M to €13.5M, while imports decreased by €-594k (-7.77%) from €7.65M to €7.06M.

Destinations In August 2024, Other Agricultural Machinery were exported mostly to Malaysia (€2.33M), Philippines (€1.55M), Saudi Arabia (€1.45M), Hungary (€707k), and Netherlands (€707k), and were imported mostly from Netherlands (€3.55M), Germany (€1.15M), China (€491k), Poland (€460k), and Italy (€434k).

Growth In August 2024, the decrease in Other Agricultural Machinery's year-by-year exports was explained primarily by a decrease in exports to Thailand (€-1.75M or -97.3%), Italy (€-741k or -70%), and Netherlands (€-655k or -51.1%). In August 2024, the decrease in Other Agricultural Machinery's year-by-year imports was explained primarily by a decrease in imports from Denmark (€-264k or -98.5%), France (€-110k or -20.8%), and Poland (€-104k or -36%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-6.36M(-32.1%)
IMPORT GROWTH (August 2023 - August 2024)€-594k(-7.77%)
MAIN DESTINATION (August 2024)Malaysia€2.33M

This section shows Other Agricultural Machinery'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 Other Agricultural Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$229M
IMPORTS (2022)$167M
NET TRADE (2022)$62.7M

In 2022, Belgium exported $229M in Other Agricultural Machinery. The main destinations of Belgium exports on Other Agricultural Machinery were France ($23.2M), Netherlands ($20.8M), Iraq ($17.9M), Italy ($11M), and Germany ($10.9M).

In 2022, Belgium imported $167M in Other Agricultural Machinery, mainly from Netherlands ($70.6M), United States ($15.2M), Finland ($13.1M), France ($12M), and Germany ($11.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Agricultural Machinery EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Iraq$8.11M (83%)
Saudi Arabia$4.63M (101%)
Australia$4.58M (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Agricultural Machinery BY Belgium WERE (2021 - 2022):
Philippines-$14.5M (-88.2%)
China-$8.82M (-81.6%)
Egypt-$6.34M (-67.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Other Agricultural Machinery were:
Germany $1.19B
Netherlands $1.06B
China $958M
In 2022, Belgium's main importing competitors in Other Agricultural Machinery were:
United States $1.52B
Germany $672M
Canada $466M

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Trade Value of Other Agricultural Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.9M
TOP IMPORT POTENTIALGermany+ $12M

Other Agricultural Machinery’s highest export potential is Germany. With an export gap of $12.9M.   Other Agricultural Machinery’s highest import potential is Germany with an import gap of $12M.

See methodology.

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