2022
Exports
$2.24BWorld Rnk 18 / 226
Flag Rnk 26 / 1213
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$4.58BWorld Rnk 19 / 225
Flag Rnk 14 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $2.24B in Integrated Circuits, making it the 18th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 26th most exported product in Belgium. The main destination of Integrated Circuits exports from Belgium are: Germany ($649M), Italy ($158M), France ($135M), Israel ($98.5M), and Philippines ($91.5M).

The fastest growing export markets for Integrated Circuits of Belgium between 2021 and 2022 were Germany ($169M), Israel ($49.7M), and Italy ($36.5M).

Imports In 2022, Belgium imported $4.58B in Integrated Circuits, becoming the 19th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 14th most imported product in Belgium. Belgium imports Integrated Circuits primarily from: France ($2.67B), Chinese Taipei ($535M), Germany ($215M), Malaysia ($169M), and China ($163M).

The fastest growing import markets in Integrated Circuits for Belgium between 2021 and 2022 were France ($1.12B), Chinese Taipei ($199M), and Hong Kong ($62.5M).

COMPANIES In 2023, leading companies such as TE Connectivity (17), Konecranes (2), and Rolls-Royce (1) were at the forefront of shipping Integrated Circuits from Belgium to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-83.7M(-37.8%)
IMPORT GROWTH (August 2023 - August 2024)€-454M(-72.9%)
MAIN DESTINATION (August 2024)Germany€31.3M

This section shows Integrated Circuits'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 Integrated Circuits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.24B
IMPORTS (2022)$4.58B
NET TRADE (2022)-$2.33B

In 2022, Belgium exported $2.24B in Integrated Circuits. The main destinations of Belgium exports on Integrated Circuits were Germany ($649M), Italy ($158M), France ($135M), Israel ($98.5M), and Philippines ($91.5M).

In 2022, Belgium imported $4.58B in Integrated Circuits, mainly from France ($2.67B), Chinese Taipei ($535M), Germany ($215M), Malaysia ($169M), and China ($163M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$169M (35.3%)
Israel$49.7M (102%)
Italy$36.5M (30.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Belgium WERE (2021 - 2022):
China-$49.2M (-75.3%)
Malaysia-$48.4M (-62.3%)
Hong Kong-$30.9M (-29%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Integrated Circuits were:
In 2022, Belgium's main importing competitors in Integrated Circuits were:

Explore Visualizations

Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $214M
TOP IMPORT POTENTIALGermany+ $200M

Integrated Circuits’s highest export potential is Germany. With an export gap of $214M.   Integrated Circuits’s highest import potential is Germany with an import gap of $200M.

See methodology.

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