Granite in Belgium | The Observatory of Economic Complexity

About

Exports In 2023, Belgium exported $22.7M in Granite, making it the 16th largest exporter of Granite in the world. At the same year, Granite was the 729th most exported product in Belgium. The main destination of Granite exports from Belgium are: Netherlands ($13.5M), France ($6.34M), Luxembourg ($1.7M), United States ($308k), and Poland ($283k).

The fastest growing export markets for Granite of Belgium between 2022 and 2023 were Netherlands ($764k), United States ($22.4k), and Hungary ($19k).

Imports In 2023, Belgium imported $16.6M in Granite, becoming the 17th largest importer of Granite in the world. At the same year, Granite was the 833rd most imported product in Belgium. Belgium imports Granite primarily from: India ($4.93M), France ($2.35M), Netherlands ($1.78M), South Africa ($1.09M), and Germany ($973k).

The fastest growing import markets in Granite for Belgium between 2022 and 2023 were Angola ($806k), France ($658k), and Morocco ($95.5k).

COMPANIES In 2023, leading companies such as Costco Wholesale (1) were at the forefront of shipping Granite from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Granite exports accounted up to €209k and imports accounted up to €687k, resulting in a negative trade balance of €477k. Between November 2023 and November 2024 the exports of Belgium's Granite have decreased by €-172k (-45.1%) from €381k to €209k, while imports increased by €114k (19.9%) from €573k to €687k.

Destinations In November 2024, Granite were exported mostly to Netherlands (€126k), France (€52.7k), United Kingdom (€15.9k), Germany (€7.47k), and United States (€5.67k), and were imported mostly from India (€304k), France (€81.4k), Brazil (€73.3k), Zimbabwe (€62.9k), and Morocco (€45.1k).

Growth In November 2024, the decrease in Granite's year-by-year exports was explained primarily by a decrease in exports to United States (€-28.4k or -94.8%) and Netherlands (€-4.44k or -5.8%). In November 2024, the increase in Granite's year-by-year imports was explained primarily by an increase in imports from India (€128k or 21.2%), Germany (€127k or 7.62k%), and France (€67.4k or 160%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€-172k(-45.1%)

IMPORT GROWTH (November 2023 - November 2024)€114k(19.9%)

MAIN DESTINATION (November 2024)Netherlands€126k

This section shows Granite'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 Granite over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$22.7M

IMPORTS (2023)$16.6M

NET TRADE (2023)$6.1M

In 2023, Belgium exported $22.7M in Granite. The main destinations of Belgium exports on Granite were Netherlands ($13.5M), France ($6.34M), Luxembourg ($1.7M), United States ($308k), and Poland ($283k).

In 2023, Belgium imported $16.6M in Granite, mainly from India ($4.93M), France ($2.35M), Netherlands ($1.78M), South Africa ($1.09M), and Germany ($973k).

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