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2022
Exports $307MWorld Rnk 14 / 189
Flag Rnk 216 / 1213
2022
Destination $76.6M China
2021 - 2022
FASTEST GROWING MARKET $76.6MChina
2022
PRODUCT COMPLEXITY IN X-Ray Equipment1.41Rnk 68 / 1025
2022
Imports $261MWorld Rnk 21 / 218
Flag Rnk 303 / 1214
2022
Origin $2.48M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.48MSouth Korea
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $307M in X-Ray Equipment, making it the 14th largest exporter of X-Ray Equipment in the world. At the same year, X-Ray Equipment was the 216th most exported product in Belgium. The main destination of X-Ray Equipment exports from Belgium are: China ($81.2M), Netherlands ($45.9M), France ($25.8M), United States ($17.7M), and Italy ($15.4M).

The fastest growing export markets for X-Ray Equipment of Belgium between 2021 and 2022 were China ($76.6M), Netherlands ($21.6M), and Romania ($5.8M).

Imports In 2022, Belgium imported $261M in X-Ray Equipment, becoming the 21st largest importer of X-Ray Equipment in the world. At the same year, X-Ray Equipment was the 303rd most imported product in Belgium. Belgium imports X-Ray Equipment primarily from: Germany ($60.8M), France ($44.6M), United States ($39.8M), Netherlands ($27.7M), and Italy ($13.7M).

The fastest growing import markets in X-Ray Equipment for Belgium between 2021 and 2022 were South Korea ($2.48M), Canada ($935k), and Austria ($780k).

COMPANIES In 2023, leading companies such as Toyota (14), GE RENEWABLES NORTH AMERICA LLC (7), and Konecranes (6) were at the forefront of shipping X-Ray Equipment from Belgium to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Belgium's X-Ray Equipment exports accounted up to €22.4M and imports accounted up to €11.4M, resulting in a positive trade balance of €11M. Between July 2023 and July 2024 the exports of Belgium's   X-Ray Equipment have increased by €9.67M (75.7%) from €12.8M to €22.4M, while imports decreased by €-212k (-1.82%) from €11.6M to €11.4M.

Destinations In July 2024, X-Ray Equipment were exported mostly to China (€6.03M), United States (€2.77M), Germany (€2.6M), Netherlands (€2.41M), and France (€1.17M), and were imported mostly from Netherlands (€3.45M), Germany (€2.22M), United States (€1.5M), France (€1.19M), and South Korea (€967k).

Growth In July 2024, the increase in X-Ray Equipment's year-by-year exports was explained primarily by an increase in exports to Netherlands (€758k or 42.9%), Germany (€586k or 52.7%), and Switzerland (€374k or 200%). In July 2024, the decrease in X-Ray Equipment's year-by-year imports was explained primarily by a decrease in imports from South Korea (€-403k or -41.3%), Switzerland (€-374k or -82.9%), and Netherlands (€-316k or -23.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€9.67M(75.7%)
IMPORT GROWTH (July 2023 - July 2024)€-212k(-1.82%)
MAIN DESTINATION (July 2024)China€6.03M

This section shows X-Ray Equipment'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 X-Ray Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$307M
IMPORTS (2022)$261M
NET TRADE (2022)$45.8M

In 2022, Belgium exported $307M in X-Ray Equipment. The main destinations of Belgium exports on X-Ray Equipment were China ($81.2M), Netherlands ($45.9M), France ($25.8M), United States ($17.7M), and Italy ($15.4M).

In 2022, Belgium imported $261M in X-Ray Equipment, mainly from Germany ($60.8M), France ($44.6M), United States ($39.8M), Netherlands ($27.7M), and Italy ($13.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING X-Ray Equipment EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
China$76.6M (1.65k%)
Netherlands$21.6M (89.2%)
Romania$5.8M (97.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF X-Ray Equipment BY Belgium WERE (2021 - 2022):
Argentina-$30.5M (-98.8%)
United States-$15.3M (-46.3%)
France-$5.64M (-17.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in X-Ray Equipment were:
Germany $5.71B
United States $3.86B
China $3B
In 2022, Belgium's main importing competitors in X-Ray Equipment were:
United States $4.55B
China $3.4B
Germany $1.66B

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Trade Value of X-Ray Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $22.7M
TOP IMPORT POTENTIALGermany+ $40.7M

X-Ray Equipment’s highest export potential is France. With an export gap of $22.7M.   X-Ray Equipment’s highest import potential is Germany with an import gap of $40.7M.

See methodology.

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