Buses in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $280M in Buses, making it the 13th largest exporter of Buses in the world. At the same year, Buses was the 236th most exported product in Belgium. The main destination of Buses exports from Belgium are: United States ($61.4M), Netherlands ($44.6M), Sweden ($44.1M), France ($24M), and Italy ($22.1M).

The fastest growing export markets for Buses of Belgium between 2021 and 2022 were United States ($49.8M), Sweden ($35.8M), and Italy ($15.7M).

Imports In 2022, Belgium imported $274M in Buses, becoming the 15th largest importer of Buses in the world. At the same year, Buses was the 300th most imported product in Belgium. Belgium imports Buses primarily from: Poland ($87M), North Macedonia ($77.4M), China ($31.7M), Italy ($12.2M), and France ($12M).

The fastest growing import markets in Buses for Belgium between 2021 and 2022 were North Macedonia ($58.2M), Poland ($12.6M), and Italy ($7.46M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Buses from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Buses exports accounted up to €28M and imports accounted up to €24.8M, resulting in a positive trade balance of €3.18M. Between December 2022 and December 2023 the exports of Belgium's Buses have decreased by €-8.76M (-23.8%) from €36.7M to €28M, while imports decreased by €-819k (-3.19%) from €25.6M to €24.8M.

Destinations In December 2023, Buses were exported mostly to Netherlands (€18.9M), Luxembourg (€2.64M), Ghana (€1.99M), Switzerland (€1.13M), and United Kingdom (€647k), and were imported mostly from Germany (€5.8M), Poland (€5.47M), North Macedonia (€3.67M), Czechia (€2.38M), and Sweden (€2.18M).

Growth In December 2023, the decrease in Buses's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-3.28M or -47.7%), Poland (€-123k or -32.6%), and Senegal (€-54.8k or -77.1%). In December 2023, the decrease in Buses's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-239k or -54.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-8.76M(-23.8%)

IMPORT GROWTH (December 2022 - December 2023)€-819k(-3.19%)

MAIN DESTINATION (December 2023)Netherlands€18.9M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$280M

IMPORTS (2022)$274M

NET TRADE (2022)$6.71M

In 2022, Belgium exported $280M in Buses. The main destinations of Belgium exports on Buses were United States ($61.4M), Netherlands ($44.6M), Sweden ($44.1M), France ($24M), and Italy ($22.1M).

In 2022, Belgium imported $274M in Buses, mainly from Poland ($87M), North Macedonia ($77.4M), China ($31.7M), Italy ($12.2M), and France ($12M).

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