2023
Exports
$22.7MWorld Rnk 11 / 89
Flag Rnk 728 / 1216
2023
PRODUCT COMPLEXITY IN Handguns
0.6Rnk 330 / 1025
2023
Imports
$5.43MWorld Rnk 25 / 162
Flag Rnk 992 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $22.7M in Handguns, making it the 11th largest exporter of Handguns in the world. At the same year, Handguns was the 728th most exported product in Belgium. The main destination of Handguns exports from Belgium are: United States ($21.8M), Guatemala ($226k), Austria ($158k), Italy ($154k), and Guyana ($119k).

The fastest growing export markets for Handguns of Belgium between 2022 and 2023 were United States ($12.3M), Austria ($158k), and Guyana ($119k).

Imports In 2023, Belgium imported $5.43M in Handguns, becoming the 25th largest importer of Handguns in the world. At the same year, Handguns was the 992nd most imported product in Belgium. Belgium imports Handguns primarily from: United States ($3.4M), Germany ($1.06M), Czechia ($594k), Netherlands ($312k), and Italy ($56.1k).

The fastest growing import markets in Handguns for Belgium between 2022 and 2023 were United States ($894k), Germany ($475k), and Netherlands ($138k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Handguns. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$22.7M
IMPORTS (2023)$5.43M
NET TRADE (2023)$17.3M

In 2023, Belgium exported $22.7M in Handguns. The main destinations of Belgium exports on Handguns were United States ($21.8M), Guatemala ($226k), Austria ($158k), Italy ($154k), and Guyana ($119k).

In 2023, Belgium imported $5.43M in Handguns, mainly from United States ($3.4M), Germany ($1.06M), Czechia ($594k), Netherlands ($312k), and Italy ($56.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Handguns EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
United States$12.3M (130%)
Austria$158k (1%)
Guyana$119k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Handguns BY Belgium WERE (2022 - 2023):
Italy-$60.4k (-28.2%)
Denmark-$26.9k (-86.8%)
Luxembourg-$20.7k (-20.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Belgium's main exporting competitors in Handguns were:
In 2023, Belgium's main importing competitors in Handguns were:

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Trade Value of Handguns by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $354k
TOP IMPORT POTENTIALGermany+ $582k

Handguns’s highest export potential is United States. With an export gap of $354k.   Handguns’s highest import potential is Germany with an import gap of $582k.

See methodology.

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