2022
Exports
$10.1MWorld Rnk 14 / 93
Flag Rnk 870 / 1213
2022
PRODUCT COMPLEXITY IN Handguns
0.6Rnk 323 / 1025
2022
Imports
$4.09MWorld Rnk 30 / 166
Flag Rnk 1061 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $10.1M in Handguns, making it the 14th largest exporter of Handguns in the world. At the same year, Handguns was the 870th most exported product in Belgium. The main destination of Handguns exports from Belgium are: United States ($9.48M), Italy ($214k), Guatemala ($119k), Luxembourg ($101k), and Austria ($41.9k).

The fastest growing export markets for Handguns of Belgium between 2021 and 2022 were Italy ($169k), Guatemala ($119k), and Austria ($41.9k).

Imports In 2022, Belgium imported $4.09M in Handguns, becoming the 30th largest importer of Handguns in the world. At the same year, Handguns was the 1061st most imported product in Belgium. Belgium imports Handguns primarily from: United States ($2.5M), Czechia ($639k), Germany ($586k), Italy ($175k), and Netherlands ($174k).

The fastest growing import markets in Handguns for Belgium between 2021 and 2022 were United States ($1.41M), Czechia ($343k), and Netherlands ($174k).

Latest Trends

Sep 2024

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 (2022)$10.1M
IMPORTS (2022)$4.09M
NET TRADE (2022)$6.03M

In 2022, Belgium exported $10.1M in Handguns. The main destinations of Belgium exports on Handguns were United States ($9.48M), Italy ($214k), Guatemala ($119k), Luxembourg ($101k), and Austria ($41.9k).

In 2022, Belgium imported $4.09M in Handguns, mainly from United States ($2.5M), Czechia ($639k), Germany ($586k), Italy ($175k), and Netherlands ($174k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Handguns EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$169k (378%)
Guatemala$119k (1%)
Austria$41.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Handguns BY Belgium WERE (2021 - 2022):
United States-$1.78M (-15.8%)
Netherlands-$537k (-97.8%)
Luxembourg-$79.8k (-44.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belgium's main exporting competitors in Handguns were:
In 2022, 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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