Gold in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $1.44B in Gold, making it the 45th largest exporter of Gold in the world. At the same year, Gold was the 48th most exported product in Belgium. The main destination of Gold exports from Belgium are: Germany ($709M), United Arab Emirates ($314M), Switzerland ($301M), Turkey ($38.8M), and Italy ($31.1M).

The fastest growing export markets for Gold of Belgium between 2021 and 2022 were United Arab Emirates ($203M), Switzerland ($133M), and Italy ($12M).

Imports In 2022, Belgium imported $915M in Gold, becoming the 29th largest importer of Gold in the world. At the same year, Gold was the 105th most imported product in Belgium. Belgium imports Gold primarily from: Suriname ($266M), Brazil ($181M), Switzerland ($134M), South Africa ($117M), and Netherlands ($63.3M).

The fastest growing import markets in Gold for Belgium between 2021 and 2022 were Suriname ($105M), Switzerland ($98.8M), and South Africa ($59.5M).

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

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Gold exports accounted up to €83.5M and imports accounted up to €28.1M, resulting in a positive trade balance of €55.4M. Between December 2022 and December 2023 the exports of Belgium's Gold have decreased by €-3.34M (-3.85%) from €86.8M to €83.5M, while imports decreased by €-1.8M (-6.04%) from €29.9M to €28.1M.

Destinations In December 2023, Gold were exported mostly to Germany (€57.9M), Switzerland (€20.9M), Netherlands (€2.55M), Italy (€716k), and Latvia (€651k), and were imported mostly from South Africa (€12.3M), Netherlands (€4.1M), Germany (€2.83M), Latvia (€2.19M), and Luxembourg (€2.01M).

Growth In December 2023, the decrease in Gold's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates (€-16M or -97.1%), Turkey (€-10.9M or -95.6%), and Poland (€-275k or -47.3%). In December 2023, the decrease in Gold's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.53M or -45.9%), France (€-816k or -54.2%), and Czechia (€-413k or -90%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-3.34M(-3.85%)

IMPORT GROWTH (December 2022 - December 2023)€-1.8M(-6.04%)

MAIN DESTINATION (December 2023)Germany€57.9M

This section shows Gold'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 Gold over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.44B

IMPORTS (2022)$915M

NET TRADE (2022)$524M

In 2022, Belgium exported $1.44B in Gold. The main destinations of Belgium exports on Gold were Germany ($709M), United Arab Emirates ($314M), Switzerland ($301M), Turkey ($38.8M), and Italy ($31.1M).

In 2022, Belgium imported $915M in Gold, mainly from Suriname ($266M), Brazil ($181M), Switzerland ($134M), South Africa ($117M), and Netherlands ($63.3M).

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