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2022
Exports $4.77MWorld Rnk 23 / 86
Flag Rnk 969 / 1213
2022
Destination $962k France
2021 - 2022
FASTEST GROWING MARKET $962kFrance
2022
PRODUCT COMPLEXITY IN Aluminium Ore-2.31Rnk 1014 / 1025
2022
Imports $3.07MWorld Rnk 41 / 112
Flag Rnk 1094 / 1214
2022
Origin $1.34M Spain
2021 - 2022
FASTEST GROWING ORIGIN $1.34MSpain
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $4.77M in Aluminium Ore, making it the 23rd largest exporter of Aluminium Ore in the world. At the same year, Aluminium Ore was the 969th most exported product in Belgium. The main destination of Aluminium Ore exports from Belgium are: France ($3.03M), Spain ($376k), Portugal ($370k), Sweden ($365k), and Slovenia ($229k).

The fastest growing export markets for Aluminium Ore of Belgium between 2021 and 2022 were France ($962k), Slovenia ($229k), and United Kingdom ($104k).

Imports In 2022, Belgium imported $3.07M in Aluminium Ore, becoming the 41st largest importer of Aluminium Ore in the world. At the same year, Aluminium Ore was the 1094th most imported product in Belgium. Belgium imports Aluminium Ore primarily from: Spain ($1.34M), China ($1.19M), France ($204k), Netherlands ($153k), and Germany ($142k).

The fastest growing import markets in Aluminium Ore for Belgium between 2021 and 2022 were Spain ($1.34M), China ($580k), and Netherlands ($135k).

COMPANIES In 2023, leading companies such as RHI Magnesita (196) were at the forefront of shipping Aluminium Ore from Belgium to the United States.

Latest Trends

April 2024

About

Overview In April 2024 Belgium's Aluminium Ore exports accounted up to €5.35k and imports accounted up to €176k, resulting in a negative trade balance of €171k. Between July 2022 and April 2024 the exports of Belgium's   Aluminium Ore have increased by €4.38k (450%) from €973 to €5.35k, while imports increased by €118k (200%) from €58.8k to €176k.

Destinations In April 2024, Aluminium Ore were exported mostly to , and were imported mostly from China (€132k) and Germany (€44.2k).

Growth In April 2024, the increase in Aluminium Ore's year-by-year exports was explained primarily by an increase in exports to . In May 2024, the increase in Aluminium Ore's year-by-year imports was explained primarily by an increase in imports from Netherlands (€5.09k or 170%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2022 - April 2024)€4.38k(450%)
IMPORT GROWTH (May 2023 - May 2024)€118k(200%)
MAIN DESTINATION (April 2024)

This section shows Aluminium Ore'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 Aluminium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.77M
IMPORTS (2022)$3.07M
NET TRADE (2022)$1.69M

In 2022, Belgium exported $4.77M in Aluminium Ore. The main destinations of Belgium exports on Aluminium Ore were France ($3.03M), Spain ($376k), Portugal ($370k), Sweden ($365k), and Slovenia ($229k).

In 2022, Belgium imported $3.07M in Aluminium Ore, mainly from Spain ($1.34M), China ($1.19M), France ($204k), Netherlands ($153k), and Germany ($142k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Ore EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$962k (46.5%)
Slovenia$229k (1%)
United Kingdom$104k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Ore BY Belgium WERE (2021 - 2022):
Spain-$629k (-62.6%)
Democratic Republic of the Congo-$580k (-100%)
Slovakia-$125k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Aluminium Ore were:
Guinea $4.65B
Australia $865M
Indonesia $675M
In 2022, Belgium's main importing competitors in Aluminium Ore were:
China $5.44B
India $269M
Spain $224M

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Trade Value of Aluminium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $253k
TOP IMPORT POTENTIALNetherlands+ $136k

Aluminium Ore’s highest export potential is Spain. With an export gap of $253k.   Aluminium Ore’s highest import potential is Netherlands with an import gap of $136k.

See methodology.

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