Exports In 2022, Belgium exported $1.28B in Excavation Machinery, making it the 15th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 54th most exported product in Belgium. The main destination of Excavation Machinery exports from Belgium are: France ($247M), Germany ($178M), Netherlands ($128M), Italy ($92.9M), and Spain ($70.3M).
The fastest growing export markets for Excavation Machinery of Belgium between 2021 and 2022 were Germany ($37.8M), Italy ($29.4M), and Finland ($21.4M).
Imports In 2022, Belgium imported $1.36B in Excavation Machinery, becoming the 13th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 59th most imported product in Belgium. Belgium imports Excavation Machinery primarily from: Germany ($204M), Netherlands ($197M), France ($135M), China ($122M), and Italy ($107M).
The fastest growing import markets in Excavation Machinery for Belgium between 2021 and 2022 were South Korea ($22.3M), Japan ($20.9M), and Italy ($20.6M).
COMPANIES In 2023, leading companies such as Schindler Elevators (92), Volvo (60), and Konecranes (44) were at the forefront of shipping Excavation Machinery from Belgium to the United States.