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Pricing

2023
Exports $29.1MWorld Rnk 37 / 120
Flag Rnk 683 / 1216
2023
Destination $6.35M France
2022 - 2023
FASTEST GROWING MARKET $6.35MFrance
2023
PRODUCT COMPLEXITY IN Explosive Ammunition0.28Rnk 468 / 1025
2023
Imports $60.1MWorld Rnk 31 / 198
Flag Rnk 572 / 1213
2023
Origin $10.6M Brazil
2022 - 2023
FASTEST GROWING ORIGIN $10.6MBrazil
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $29.1M in Explosive Ammunition, making it the 37th largest exporter of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 683rd most exported product in Belgium. The main destination of Explosive Ammunition exports from Belgium are: France ($6.8M), Angola ($4.38M), Italy ($3.56M), Malaysia ($3.03M), and Indonesia ($2.05M).

The fastest growing export markets for Explosive Ammunition of Belgium between 2022 and 2023 were France ($6.35M), Angola ($4.38M), and Malaysia ($2.68M).

Imports In 2023, Belgium imported $60.1M in Explosive Ammunition, becoming the 31st largest importer of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 572nd most imported product in Belgium. Belgium imports Explosive Ammunition primarily from: Brazil ($14.1M), United States ($13.5M), Canada ($7.66M), Germany ($6M), and Italy ($4.73M).

The fastest growing import markets in Explosive Ammunition for Belgium between 2022 and 2023 were Brazil ($10.6M), United States ($3.41M), and Germany ($2.77M).

COMPANIES In 2023, leading companies such as GE RENEWABLES NORTH AMERICA LLC (8) and John Deere (1) were at the forefront of shipping Explosive Ammunition from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Explosive Ammunition exports accounted up to €980k and imports accounted up to €5.38M, resulting in a negative trade balance of €4.4M. Between November 2023 and November 2024 the exports of Belgium's   Explosive Ammunition have decreased by €-289k (-22.8%) from €1.27M to €980k, while imports increased by €2.35M (77.8%) from €3.02M to €5.38M.

Destinations In November 2024, Explosive Ammunition were exported mostly to Spain (€378k), France (€268k), Italy (€73.8k), Germany (€70k), and Sweden (€57.5k), and were imported mostly from United States (€4.8M), Slovenia (€206k), United Kingdom (€154k), Czechia (€83.6k), and Italy (€74.4k).

Growth In November 2024, the decrease in Explosive Ammunition's year-by-year exports was explained primarily by a decrease in exports to France (€-221k or -69%). In November 2024, the increase in Explosive Ammunition's year-by-year imports was explained primarily by an increase in imports from United States (€270k or 60.6%), Germany (€138k or 189%), and Czechia (€17.2k or 24.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-289k(-22.8%)
IMPORT GROWTH (November 2023 - November 2024)€2.35M(77.8%)
MAIN DESTINATION (November 2024)Spain€378k

This section shows Explosive Ammunition'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 Explosive Ammunition over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$29.1M
IMPORTS (2023)$60.1M
NET TRADE (2023)-$31M

In 2023, Belgium exported $29.1M in Explosive Ammunition. The main destinations of Belgium exports on Explosive Ammunition were France ($6.8M), Angola ($4.38M), Italy ($3.56M), Malaysia ($3.03M), and Indonesia ($2.05M).

In 2023, Belgium imported $60.1M in Explosive Ammunition, mainly from Brazil ($14.1M), United States ($13.5M), Canada ($7.66M), Germany ($6M), and Italy ($4.73M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Explosive Ammunition EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
France$6.35M (1.39k%)
Angola$4.38M (1%)
Malaysia$2.68M (763%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Explosive Ammunition BY Belgium WERE (2022 - 2023):
United States-$3.59M (-78.8%)
Italy-$2.38M (-40.1%)
Spain-$1.89M (-76.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Explosive Ammunition were:
United States $3.31B
Bulgaria $1.04B
Poland $1.02B
In 2023, Belgium's main importing competitors in Explosive Ammunition were:
Poland $1.85B
Ukraine $1.39B
United States $1.29B

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Trade Value of Explosive Ammunition by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.26M
TOP IMPORT POTENTIALGermany+ $4.24M

Explosive Ammunition’s highest export potential is United States. With an export gap of $2.26M.   Explosive Ammunition’s highest import potential is Germany with an import gap of $4.24M.

See methodology.

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