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Pricing

2022
Exports $78.9MWorld Rnk 17 / 178
Flag Rnk 479 / 1213
2022
Destination $9.93M China
2021 - 2022
FASTEST GROWING MARKET $9.93MChina
2022
PRODUCT COMPLEXITY IN Large Iron Containers0.13Rnk 509 / 1025
2022
Imports $83.3MWorld Rnk 18 / 220
Flag Rnk 559 / 1214
2022
Origin $2.71M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.71MItaly
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $78.9M in Large Iron Containers, making it the 17th largest exporter of Large Iron Containers in the world. At the same year, Large Iron Containers was the 479th most exported product in Belgium. The main destination of Large Iron Containers exports from Belgium are: China ($18.9M), Netherlands ($13M), France ($8.86M), Switzerland ($5.09M), and United Kingdom ($4.83M).

The fastest growing export markets for Large Iron Containers of Belgium between 2021 and 2022 were China ($9.93M), Netherlands ($4.98M), and Switzerland ($3.78M).

Imports In 2022, Belgium imported $83.3M in Large Iron Containers, becoming the 18th largest importer of Large Iron Containers in the world. At the same year, Large Iron Containers was the 559th most imported product in Belgium. Belgium imports Large Iron Containers primarily from: Germany ($12.9M), Poland ($11.1M), Italy ($9.73M), France ($7.46M), and United Kingdom ($6.68M).

The fastest growing import markets in Large Iron Containers for Belgium between 2021 and 2022 were Italy ($2.71M), Poland ($2.41M), and Croatia ($1.76M).

COMPANIES In 2023, leading companies such as Dow Chemical (4) were at the forefront of shipping Large Iron Containers from Belgium to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Large Iron Containers exports accounted up to €5.64M and imports accounted up to €2.63M, resulting in a positive trade balance of €3.01M. Between August 2023 and August 2024 the exports of Belgium's   Large Iron Containers have increased by €1.32M (30.6%) from €4.32M to €5.64M, while imports decreased by €-1.95M (-42.5%) from €4.58M to €2.63M.

Destinations In August 2024, Large Iron Containers were exported mostly to France (€1.71M), Netherlands (€1.16M), Denmark (€690k), Germany (€657k), and Nigeria (€583k), and were imported mostly from Germany (€731k), Portugal (€476k), Netherlands (€373k), France (€372k), and Bulgaria (€243k).

Growth In August 2024, the increase in Large Iron Containers's year-by-year exports was explained primarily by an increase in exports to Germany (€4.53M or 527%), France (€202k or 30.5%), and Poland (€128k or 734%). In August 2024, the decrease in Large Iron Containers's year-by-year imports was explained primarily by a decrease in imports from Italy (€-482k or -90.7%), Czechia (€-25.5k or -52.5%), and Spain (€-18.9k or -22%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€1.32M(30.6%)
IMPORT GROWTH (August 2023 - August 2024)€-1.95M(-42.5%)
MAIN DESTINATION (August 2024)France€1.71M

This section shows Large Iron Containers'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 Large Iron Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$78.9M
IMPORTS (2022)$83.3M
NET TRADE (2022)-$4.37M

In 2022, Belgium exported $78.9M in Large Iron Containers. The main destinations of Belgium exports on Large Iron Containers were China ($18.9M), Netherlands ($13M), France ($8.86M), Switzerland ($5.09M), and United Kingdom ($4.83M).

In 2022, Belgium imported $83.3M in Large Iron Containers, mainly from Germany ($12.9M), Poland ($11.1M), Italy ($9.73M), France ($7.46M), and United Kingdom ($6.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Iron Containers EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
China$9.93M (111%)
Netherlands$4.98M (61.8%)
Switzerland$3.78M (288%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Iron Containers BY Belgium WERE (2021 - 2022):
Germany-$8.16M (-63.3%)
Chinese Taipei-$7.04M (-99.9%)
Hungary-$1.01M (-43.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Large Iron Containers were:
China $756M
Germany $353M
Italy $353M
In 2022, Belgium's main importing competitors in Large Iron Containers were:
United States $526M
Germany $342M
France $215M

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Trade Value of Large Iron Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.93M
TOP IMPORT POTENTIALGermany+ $6.21M

Large Iron Containers’s highest export potential is Germany. With an export gap of $4.93M.   Large Iron Containers’s highest import potential is Germany with an import gap of $6.21M.

See methodology.

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