HS Icon Vehicles and their parts in  Flag Belgium

2019
Exports | Imports
: $49.9B | $49.7B, World Rnk 11 / 225
Flag Rnk 1 / 96 | World Rnk 7 / 225
Flag Rnk 1 / 96

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.83B | $3.4B, Germany |  United States

2019
ECONOMIC COMPLEXITY of Belgium
: 1.32, Rnk 18 / 147

2019
PRODUCT COMPLEXITY  IN Vehicles and their parts
: 1.43, Rnk 7 / 96

Exports In 2019, Belgium exported $49.9B in Vehicles and their parts, making it the 11th largest exporter of Vehicles and their parts in the world. At the same year, Vehicles and their parts was the 1st most exported product in Belgium. The main destination of Vehicles and their parts exports from Belgium are: United Kingdom ($9.2B), Germany ($8.93B), Netherlands ($5.95B), France ($4.86B), and Sweden ($2.4B).

The fastest growing export markets for Vehicles and their parts of Belgium between 2018 and 2019 were Germany ($1.83B), Netherlands ($735M), and United States ($439M).

Imports In 2019, Belgium imported $49.7B in Vehicles and their parts, becoming the 7th largest importer of Vehicles and their parts in the world. At the same year, Vehicles and their parts was the 1st most imported product in Belgium. Belgium imports Vehicles and their parts primarily from: Germany ($9B), France ($5.99B), Japan ($5.14B), United States ($4.9B), and United Kingdom ($3.39B).

The fastest growing import markets in Vehicles and their parts for Belgium between 2018 and 2019 were United States ($3.4B), Japan ($1.23B), and Austria ($472M).

Tariffs In 2017, the average tariff for Belgium in Vehicles and their parts was 1.98%. The countries with the highest import tariffs for Vehicles and their parts were Ukraine (European Union Generalized System of Preference, 8.73%), Western Sahara (Most Favoured Nation duty rate treatement, 6.17%), Gabon (Most Favoured Nation duty rate treatement, 6.17%), Libya (Most Favoured Nation duty rate treatement, 6.17%), and Mayotte (Most Favoured Nation duty rate treatement, 6.17%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): €188M, (7.1%)

IMPORT GROWTH (June 2020 - June 2021): €317M, (12.1%)

MAIN DESTINATION (June 2021): Germany, €572M

This section shows Vehicles and their parts'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 Vehicles and their parts over time.

For full datasets download visit Bulk Download page.

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Historical Data

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EXPORTS (2019): $49.9B

IMPORTS (2019): $49.7B

NET TRADE (2019): $281M

In 2019, Belgium exported $49.9B in Vehicles and their parts. The main destinations of Belgium exports on Vehicles and their parts were United Kingdom ($9.2B), Germany ($8.93B), Netherlands ($5.95B), France ($4.86B), and Sweden ($2.4B).

In 2019, Belgium imported $49.7B in Vehicles and their parts, mainly from Germany ($9B), France ($5.99B), Japan ($5.14B), United States ($4.9B), and United Kingdom ($3.39B).

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IN 2019, Belgium HAD A POSITIVE NET TRADE IN Vehicles and their parts WITH:

IN 2019, Belgium HAD A NEGATIVE NET TRADE IN Vehicles and their parts WITH:

Flow

THE FASTEST GROWING Vehicles and their parts EXPORT MARKETS FOR Belgium WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicles and their parts BY Belgium WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Belgium's main exporting competitors in Vehicles and their parts were:

In 2019, Belgium's main importing competitors in Vehicles and their parts were:

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Tariffs by Country

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In 2017, the average tariff for Belgium in Vehicles and their parts was 1.98%.

The countries with the highest tariffs for Vehicles and their parts in Belgium were Ukraine (European Union Generalized System of Preference, 8.73%), Western Sahara (Most Favoured Nation duty rate treatement, 6.17%), Gabon (Most Favoured Nation duty rate treatement, 6.17%), Libya (Most Favoured Nation duty rate treatement, 6.17%), and Mayotte (Most Favoured Nation duty rate treatement, 6.17%).