2022
Exports
$1.77BWorld Rnk 11 / 208
Flag Rnk 36 / 1213
2022
PRODUCT COMPLEXITY IN Iron Structures
0.5Rnk 363 / 1025
2022
Imports
$1.14BWorld Rnk 14 / 224
Flag Rnk 68 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $1.77B in Iron Structures, making it the 11th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 36th most exported product in Belgium. The main destination of Iron Structures exports from Belgium are: France ($527M), Netherlands ($481M), Germany ($273M), United Kingdom ($134M), and Poland ($30.6M).

The fastest growing export markets for Iron Structures of Belgium between 2021 and 2022 were United Kingdom ($39.9M), Germany ($37.6M), and United States ($14.2M).

Imports In 2022, Belgium imported $1.14B in Iron Structures, becoming the 14th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 68th most imported product in Belgium. Belgium imports Iron Structures primarily from: Netherlands ($287M), Germany ($219M), Poland ($154M), China ($71M), and France ($69.9M).

The fastest growing import markets in Iron Structures for Belgium between 2021 and 2022 were France ($15.9M), China ($8.39M), and Czechia ($7.72M).

COMPANIES In 2023, leading companies such as IKEA Group (3) were at the forefront of shipping Iron Structures from Belgium to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-11.1M(-10.9%)
IMPORT GROWTH (August 2023 - August 2024)€-14.8M(-23%)
MAIN DESTINATION (August 2024)Netherlands€29.3M

This section shows Iron Structures'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 Iron Structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.77B
IMPORTS (2022)$1.14B
NET TRADE (2022)$630M

In 2022, Belgium exported $1.77B in Iron Structures. The main destinations of Belgium exports on Iron Structures were France ($527M), Netherlands ($481M), Germany ($273M), United Kingdom ($134M), and Poland ($30.6M).

In 2022, Belgium imported $1.14B in Iron Structures, mainly from Netherlands ($287M), Germany ($219M), Poland ($154M), China ($71M), and France ($69.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United Kingdom$39.9M (42.6%)
Germany$37.6M (16%)
United States$14.2M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Belgium WERE (2021 - 2022):
Netherlands-$111M (-18.7%)
France-$79.7M (-13.1%)
Denmark-$5.1M (-22%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Iron Structures were:
China $18.3B
Germany $5.23B
Poland $3.63B
In 2022, Belgium's main importing competitors in Iron Structures were:

Explore Visualizations

Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $159M
TOP IMPORT POTENTIALGermany+ $97.5M

Iron Structures’s highest export potential is Germany. With an export gap of $159M.   Iron Structures’s highest import potential is Germany with an import gap of $97.5M.

See methodology.

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