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2022
Exports $32.3MWorld Rnk 20 / 182
Flag Rnk 641 / 1213
2022
Destination $728k Netherlands
2021 - 2022
FASTEST GROWING MARKET $728kIndia
2022
PRODUCT COMPLEXITY IN Cutting Blades1.38Rnk 76 / 1025
2022
Imports $53.8MWorld Rnk 17 / 219
Flag Rnk 644 / 1214
2022
Origin $2.68M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.68MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $32.3M in Cutting Blades, making it the 20th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 641st most exported product in Belgium. The main destination of Cutting Blades exports from Belgium are: Netherlands ($4.82M), France ($4.8M), United States ($3.06M), Germany ($2.68M), and Spain ($2.1M).

The fastest growing export markets for Cutting Blades of Belgium between 2021 and 2022 were India ($728k), United States ($302k), and Saudi Arabia ($143k).

Imports In 2022, Belgium imported $53.8M in Cutting Blades, becoming the 17th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 644th most imported product in Belgium. Belgium imports Cutting Blades primarily from: Germany ($15.5M), Netherlands ($11.9M), United States ($6.22M), France ($6.09M), and Austria ($2.17M).

The fastest growing import markets in Cutting Blades for Belgium between 2021 and 2022 were Netherlands ($2.68M), United States ($2M), and China ($526k).

COMPANIES In 2023, leading companies such as Stihl (2) were at the forefront of shipping Cutting Blades from Belgium to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Belgium's Cutting Blades exports accounted up to €1.3M and imports accounted up to €1.92M, resulting in a negative trade balance of €620k. Between September 2023 and September 2024 the exports of Belgium's   Cutting Blades have decreased by €-1.16M (-47.2%) from €2.47M to €1.3M, while imports decreased by €-1.19M (-38.2%) from €3.11M to €1.92M.

Destinations In September 2024, Cutting Blades were exported mostly to United Kingdom (€226k), France (€165k), Germany (€155k), Spain (€66.1k), and Australia (€65.2k), and were imported mostly from Germany (€962k), France (€188k), Italy (€148k), Austria (€126k), and China (€90.7k).

Growth In September 2024, the decrease in Cutting Blades's year-by-year exports was explained primarily by a decrease in exports to Indonesia (€-68.7k or -99.8%), Denmark (€-66k or -83.2%), and Spain (€-64.3k or -32.3%). In September 2024, the decrease in Cutting Blades's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-311k or -84.2%), Indonesia (€-57.9k or -56.5%), and Poland (€-48.9k or -91.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-1.16M(-47.2%)
IMPORT GROWTH (September 2023 - September 2024)€-1.19M(-38.2%)
MAIN DESTINATION (September 2024)United Kingdom€226k

This section shows Cutting Blades'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 Cutting Blades over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.3M
IMPORTS (2022)$53.8M
NET TRADE (2022)-$21.6M

In 2022, Belgium exported $32.3M in Cutting Blades. The main destinations of Belgium exports on Cutting Blades were Netherlands ($4.82M), France ($4.8M), United States ($3.06M), Germany ($2.68M), and Spain ($2.1M).

In 2022, Belgium imported $53.8M in Cutting Blades, mainly from Germany ($15.5M), Netherlands ($11.9M), United States ($6.22M), France ($6.09M), and Austria ($2.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
India$728k (315%)
United States$302k (10.9%)
Saudi Arabia$143k (295%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Belgium WERE (2021 - 2022):
Netherlands-$3.49M (-42%)
Russia-$455k (-92.4%)
France-$422k (-8.08%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Cutting Blades were:
Germany $695M
China $604M
United States $343M
In 2022, Belgium's main importing competitors in Cutting Blades were:
United States $489M
Germany $342M
China $169M

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.1M
TOP IMPORT POTENTIALGermany+ $7.31M

Cutting Blades’s highest export potential is Germany. With an export gap of $3.1M.   Cutting Blades’s highest import potential is Germany with an import gap of $7.31M.

See methodology.

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