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2022
Exports $22.9MWorld Rnk 10 / 129
Flag Rnk 718 / 1213
2022
Destination $3.77M Netherlands
2021 - 2022
FASTEST GROWING MARKET $3.77MMalaysia
2022
PRODUCT COMPLEXITY IN Scrap Waste-0.6Rnk 727 / 1025
2022
Imports $89.4MWorld Rnk 4 / 84
Flag Rnk 540 / 1214
2022
Origin $2.34M France
2021 - 2022
FASTEST GROWING ORIGIN $2.34MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $22.9M in Scrap Waste, making it the 10th largest exporter of Scrap Waste in the world. At the same year, Scrap Waste was the 718th most exported product in Belgium. The main destination of Scrap Waste exports from Belgium are: Netherlands ($5.78M), Malaysia ($4.22M), France ($3.36M), Italy ($2.26M), and Poland ($2.19M).

The fastest growing export markets for Scrap Waste of Belgium between 2021 and 2022 were Malaysia ($3.77M), Poland ($1.36M), and Italy ($744k).

Imports In 2022, Belgium imported $89.4M in Scrap Waste, becoming the 4th largest importer of Scrap Waste in the world. At the same year, Scrap Waste was the 540th most imported product in Belgium. Belgium imports Scrap Waste primarily from: France ($30.9M), Italy ($14.8M), United Kingdom ($9.41M), Netherlands ($8.87M), and Germany ($5M).

The fastest growing import markets in Scrap Waste for Belgium between 2021 and 2022 were United Kingdom ($2.34M), France ($2.22M), and Italy ($2.1M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Scrap Waste exports accounted up to €552k and imports accounted up to €2.54M, resulting in a negative trade balance of €1.99M. Between August 2023 and August 2024 the exports of Belgium's   Scrap Waste have decreased by €-197k (-26.3%) from €749k to €552k, while imports decreased by €-1.42M (-35.8%) from €3.96M to €2.54M.

Destinations In August 2024, Scrap Waste were exported mostly to Netherlands (€149k), France (€131k), Poland (€128k), India (€113k), and Czechia (€8.54k), and were imported mostly from France (€995k), United States (€301k), Germany (€293k), Sweden (€241k), and United Kingdom (€233k).

Growth In August 2024, the decrease in Scrap Waste's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-614k or -85.1%), Italy (€-297k or -83.9%), and India (€-151k or -74.5%). In August 2024, the decrease in Scrap Waste's year-by-year imports was explained primarily by a decrease in imports from France (€-535k or -52.9%), United Kingdom (€-444k or -68.3%), and Germany (€-373k or -58.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-197k(-26.3%)
IMPORT GROWTH (August 2023 - August 2024)€-1.42M(-35.8%)
MAIN DESTINATION (August 2024)Netherlands€149k

This section shows Scrap Waste'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 Scrap Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.9M
IMPORTS (2022)$89.4M
NET TRADE (2022)-$66.6M

In 2022, Belgium exported $22.9M in Scrap Waste. The main destinations of Belgium exports on Scrap Waste were Netherlands ($5.78M), Malaysia ($4.22M), France ($3.36M), Italy ($2.26M), and Poland ($2.19M).

In 2022, Belgium imported $89.4M in Scrap Waste, mainly from France ($30.9M), Italy ($14.8M), United Kingdom ($9.41M), Netherlands ($8.87M), and Germany ($5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Waste EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Malaysia$3.77M (839%)
Poland$1.36M (166%)
Italy$744k (49.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Waste BY Belgium WERE (2021 - 2022):
China-$1.03M (-100%)
Sri Lanka-$920k (-48.1%)
Turkey-$791k (-87.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Scrap Waste were:
United States $182M
France $140M
Germany $129M
In 2022, Belgium's main importing competitors in Scrap Waste were:
India $258M
Malaysia $169M
Italy $167M

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Trade Value of Scrap Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.23M
TOP IMPORT POTENTIALGermany+ $3.29M

Scrap Waste’s highest export potential is France. With an export gap of $1.23M.   Scrap Waste’s highest import potential is Germany with an import gap of $3.29M.

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