2022
Exports
$23.7BWorld Rnk 10 / 220
Flag Rnk 6 / 96
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.58Rnk 328 / 1025
2022
Imports
$17.2BWorld Rnk 14 / 225
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $23.7B in Precious stones, metals, & pearls, making it the 10th largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 6th most exported product in Belgium. The main destination of Precious stones, metals, & pearls exports from Belgium are: India ($5.03B), Germany ($4.48B), United Arab Emirates ($2.94B), United States ($2.75B), and United Kingdom ($1.41B).

The fastest growing export markets for Precious stones, metals, & pearls of Belgium between 2021 and 2022 were Switzerland ($481M), United Arab Emirates ($406M), and United States ($382M).

Imports In 2022, Belgium imported $17.2B in Precious stones, metals, & pearls, becoming the 14th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 8th most imported product in Belgium. Belgium imports Precious stones, metals, & pearls primarily from: India ($3.03B), United Arab Emirates ($2.13B), Botswana ($1.55B), Russia ($1.46B), and Canada ($1.36B).

The fastest growing import markets in Precious stones, metals, & pearls for Belgium between 2021 and 2022 were United Arab Emirates ($501M), India ($487M), and Canada ($256M).

COMPANIES In 2023, leading companies such as Costco Wholesale (3) and Stanley Black & Decker (2) were at the forefront of shipping Precious stones, metals, & pearls from Belgium to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-1.15B(-87.5%)
IMPORT GROWTH (May 2023 - May 2024)€-712M(-67.3%)
MAIN DESTINATION (May 2024)United Arab Emirates€130M

This section shows Precious stones, metals, & pearls'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 Precious stones, metals, & pearls over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.7B
IMPORTS (2022)$17.2B
NET TRADE (2022)$6.41B

In 2022, Belgium exported $23.7B in Precious stones, metals, & pearls. The main destinations of Belgium exports on Precious stones, metals, & pearls were India ($5.03B), Germany ($4.48B), United Arab Emirates ($2.94B), United States ($2.75B), and United Kingdom ($1.41B).

In 2022, Belgium imported $17.2B in Precious stones, metals, & pearls, mainly from India ($3.03B), United Arab Emirates ($2.13B), Botswana ($1.55B), Russia ($1.46B), and Canada ($1.36B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Switzerland$481M (75.2%)
United States$382M (16.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Belgium WERE (2021 - 2022):
Botswana-$608M (-61.4%)
Germany-$308M (-6.43%)
India-$218M (-4.16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Precious stones, metals, & pearls were:
In 2022, Belgium's main importing competitors in Precious stones, metals, & pearls were:

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $584M
TOP IMPORT POTENTIALGermany+ $180M

Precious stones, metals, & pearls’s highest export potential is Germany. With an export gap of $584M.   Precious stones, metals, & pearls’s highest import potential is Germany with an import gap of $180M.

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