2022
Exports
$104MWorld Rnk 13 / 117
Flag Rnk 428 / 1213
2022
PRODUCT COMPLEXITY IN Metal Lathes
1.68Rnk 29 / 1025
2022
Imports
$223MWorld Rnk 9 / 189
Flag Rnk 336 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $104M in Metal Lathes, making it the 13th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 428th most exported product in Belgium. The main destination of Metal Lathes exports from Belgium are: Italy ($41.4M), France ($18.7M), Poland ($4.85M), Germany ($4.31M), and Denmark ($3.67M).

The fastest growing export markets for Metal Lathes of Belgium between 2021 and 2022 were Italy ($9.81M), France ($3.05M), and Austria ($1.76M).

Imports In 2022, Belgium imported $223M in Metal Lathes, becoming the 9th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 336th most imported product in Belgium. Belgium imports Metal Lathes primarily from: United States ($72.1M), Japan ($50.8M), United Kingdom ($44.5M), Singapore ($15.1M), and China ($14.1M).

The fastest growing import markets in Metal Lathes for Belgium between 2021 and 2022 were Japan ($9.98M), United Kingdom ($7.56M), and Singapore ($7.29M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-444k(-10.5%)
IMPORT GROWTH (August 2023 - August 2024)€156k(3.36%)
MAIN DESTINATION (August 2024)China€516k

This section shows Metal Lathes'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 Metal Lathes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$104M
IMPORTS (2022)$223M
NET TRADE (2022)-$119M

In 2022, Belgium exported $104M in Metal Lathes. The main destinations of Belgium exports on Metal Lathes were Italy ($41.4M), France ($18.7M), Poland ($4.85M), Germany ($4.31M), and Denmark ($3.67M).

In 2022, Belgium imported $223M in Metal Lathes, mainly from United States ($72.1M), Japan ($50.8M), United Kingdom ($44.5M), Singapore ($15.1M), and China ($14.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$9.81M (31%)
France$3.05M (19.6%)
Austria$1.76M (393%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Belgium WERE (2021 - 2022):
China-$9.12M (-96.8%)
United Kingdom-$6.77M (-94.2%)
Denmark-$2.3M (-38.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.76M
TOP IMPORT POTENTIALGermany+ $5.77M

Metal Lathes’s highest export potential is Germany. With an export gap of $4.76M.   Metal Lathes’s highest import potential is Germany with an import gap of $5.77M.

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