Tungsten in Belgium 2021 Exports | Imports : $7.09M | $18.8M, World Rnk 24 / 115 Rnk 917 / 1214 | World Rnk 17 / 168 Rnk 858 / 1212
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $605k | $7.99M, Austria | France
2021 ECONOMIC COMPLEXITY of Belgium: 1.28, Rnk 18 / 131
2021 PRODUCT COMPLEXITY IN Tungsten: 1.43, Rnk 66 / 1024
Exports In 2021, Belgium exported $7.09M in Tungsten, making it the 24th largest exporter of Tungsten in the world. At the same year, Tungsten was the 917th most exported product in Belgium. The main destination of Tungsten exports from Belgium are: United States ($1.86M), France ($1.45M), Netherlands ($1.11M), Germany ($854k), and Austria ($634k).
The fastest growing export markets for Tungsten of Belgium between 2020 and 2021 were Austria ($605k), Netherlands ($223k), and Germany ($107k).
Imports In 2021, Belgium imported $18.8M in Tungsten, becoming the 17th largest importer of Tungsten in the world. At the same year, Tungsten was the 858th most imported product in Belgium. Belgium imports Tungsten primarily from: France ($10.4M), Germany ($1.83M), Netherlands ($1.58M), Thailand ($999k), and Spain ($956k).
The fastest growing import markets in Tungsten for Belgium between 2020 and 2021 were France ($7.99M), Netherlands ($961k), and Spain ($955k).
April 2023
Overview In April 2023 Belgium's Tungsten exports accounted up to €78.2k and imports accounted up to €643k, resulting in a negative trade balance of €565k. Between April 2022 and April 2023 the exports of Belgium's Tungsten have decreased by €-369k (-82.5%) from €447k to €78.2k, while imports decreased by €-119k (-15.6%) from €762k to €643k.
Destinations In April 2023, Tungsten were exported mostly to Mexico (€28k), India (€24.3k), Sweden (€14.3k), Turkey (€4.62k), and Portugal (€3.03k), and were imported mostly from France (€540k), China (€34.9k), Austria (€33.3k), United States (€23.7k), and Netherlands (€3.03k).
Growth In April 2023, the decrease in Tungsten's year-by-year exports was explained primarily by a decrease in exports to France (€-195k or -97.7%), Netherlands (€-110k or -99.9%), and Germany (€-56.1k or -66.4%). In April 2023, the decrease in Tungsten's year-by-year imports was explained primarily by a decrease in imports from Germany (€-430k or -99%), Netherlands (€-90k or -99.1%), and Spain (€-28.9k or -99.2%).
EXPORT GROWTH (April 2022 - April 2023): €-369k, (-82.5%)
IMPORT GROWTH (April 2022 - April 2023): €-119k, (-15.6%)
MAIN DESTINATION (April 2023): Mexico, €28k
This section shows Tungsten'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 Tungsten over time.
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EXPORTS (2021): $7.09M
IMPORTS (2021): $18.8M
NET TRADE (2021): -$11.7M
In 2021, Belgium exported $7.09M in Tungsten. The main destinations of Belgium exports on Tungsten were United States ($1.86M), France ($1.45M), Netherlands ($1.11M), Germany ($854k), and Austria ($634k).
In 2021, Belgium imported $18.8M in Tungsten, mainly from France ($10.4M), Germany ($1.83M), Netherlands ($1.58M), Thailand ($999k), and Spain ($956k).
THE FASTEST GROWING Tungsten EXPORT MARKETS FOR Belgium WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY Belgium WERE (2020 - 2021):
In 2021, Belgium's main exporting competitors in Tungsten were:
In 2021, Belgium's main importing competitors in Tungsten were:
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