2023
Exports
$4.98MWorld Rnk 22 / 91
Flag Rnk 957 / 1216
2023
PRODUCT COMPLEXITY IN Cermets
1.83Rnk 12 / 1025
2023
Imports
$5.22MWorld Rnk 27 / 134
Flag Rnk 1001 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $4.98M in Cermets, making it the 22nd largest exporter of Cermets in the world. At the same year, Cermets was the 957th most exported product in Belgium. The main destination of Cermets exports from Belgium are: Italy ($3.02M), Turkey ($573k), Germany ($481k), Hungary ($327k), and Poland ($182k).

The fastest growing export markets for Cermets of Belgium between 2022 and 2023 were Italy ($610k), Germany ($301k), and Turkey ($229k).

Imports In 2023, Belgium imported $5.22M in Cermets, becoming the 27th largest importer of Cermets in the world. At the same year, Cermets was the 1001st most imported product in Belgium. Belgium imports Cermets primarily from: China ($4.47M), Germany ($378k), France ($94.9k), Netherlands ($80.2k), and Switzerland ($69.9k).

The fastest growing import markets in Cermets for Belgium between 2022 and 2023 were China ($400k), United States ($42.2k), and Switzerland ($22k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-13.9k(-35.1%)
IMPORT GROWTH (November 2023 - November 2024)€5.27k(1.43%)
MAIN DESTINATION (November 2024)United States€23.2k

This section shows Cermets'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 Cermets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.98M
IMPORTS (2023)$5.22M
NET TRADE (2023)-$241k

In 2023, Belgium exported $4.98M in Cermets. The main destinations of Belgium exports on Cermets were Italy ($3.02M), Turkey ($573k), Germany ($481k), Hungary ($327k), and Poland ($182k).

In 2023, Belgium imported $5.22M in Cermets, mainly from China ($4.47M), Germany ($378k), France ($94.9k), Netherlands ($80.2k), and Switzerland ($69.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cermets EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Italy$610k (25.3%)
Germany$301k (167%)
Turkey$229k (66.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermets BY Belgium WERE (2022 - 2023):
France-$410k (-88.4%)
United States-$112k (-93.2%)
Netherlands-$94k (-74.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Cermets were:
In 2023, Belgium's main importing competitors in Cermets were:

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Trade Value of Cermets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $425k
TOP IMPORT POTENTIALGermany+ $917k

Cermets’s highest export potential is Germany. With an export gap of $425k.   Cermets’s highest import potential is Germany with an import gap of $917k.

See methodology.

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