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2023
Exports $272MWorld Rnk 24 / 219
Flag Rnk 248 / 1216
2023
Destination $1.85M Netherlands
2022 - 2023
FASTEST GROWING MARKET $1.85MJapan
2023
PRODUCT COMPLEXITY IN Metal Mountings0.94Rnk 196 / 1025
2023
Imports $505MWorld Rnk 19 / 223
Flag Rnk 141 / 1213
2023
Origin $5.53M Germany
2022 - 2023
FASTEST GROWING ORIGIN $5.53MSweden
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $272M in Metal Mountings, making it the 24th largest exporter of Metal Mountings in the world. At the same year, Metal Mountings was the 248th most exported product in Belgium. The main destination of Metal Mountings exports from Belgium are: Netherlands ($73.6M), France ($57.1M), Germany ($26.8M), United Kingdom ($15.1M), and United States ($10.2M).

The fastest growing export markets for Metal Mountings of Belgium between 2022 and 2023 were Japan ($1.85M), United Kingdom ($1.71M), and Austria ($1.53M).

Imports In 2023, Belgium imported $505M in Metal Mountings, becoming the 19th largest importer of Metal Mountings in the world. At the same year, Metal Mountings was the 141st most imported product in Belgium. Belgium imports Metal Mountings primarily from: Germany ($134M), China ($76.1M), Netherlands ($61.7M), Austria ($54.6M), and Sweden ($36.8M).

The fastest growing import markets in Metal Mountings for Belgium between 2022 and 2023 were Sweden ($5.53M), Poland ($3.46M), and Spain ($1.65M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (61), John Deere (4), and GE RENEWABLES NORTH AMERICA LLC (3) were at the forefront of shipping Metal Mountings from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Metal Mountings exports accounted up to €23M and imports accounted up to €37.3M, resulting in a negative trade balance of €14.3M. Between November 2023 and November 2024 the exports of Belgium's   Metal Mountings have increased by €4.57M (24.8%) from €18.4M to €23M, while imports increased by €11M (41.6%) from €26.3M to €37.3M.

Destinations In November 2024, Metal Mountings were exported mostly to Netherlands (€7.7M), France (€2.91M), Germany (€2.62M), United Kingdom (€1.46M), and United States (€1.17M), and were imported mostly from Germany (€8.98M), China (€6.01M), Netherlands (€4.73M), Austria (€4.35M), and Italy (€2.12M).

Growth In November 2024, the increase in Metal Mountings's year-by-year exports was explained primarily by an increase in exports to China (€206k or 29%), North Macedonia (€147k or 928%), and Turkey (€129k or 24.6%). In November 2024, the increase in Metal Mountings's year-by-year imports was explained primarily by an increase in imports from Netherlands (€1.38M or 40.1%), China (€737k or 10.8%), and Sweden (€378k or 28.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€4.57M(24.8%)
IMPORT GROWTH (November 2023 - November 2024)€11M(41.6%)
MAIN DESTINATION (November 2024)Netherlands€7.7M

This section shows Metal Mountings'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 Mountings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$272M
IMPORTS (2023)$505M
NET TRADE (2023)-$234M

In 2023, Belgium exported $272M in Metal Mountings. The main destinations of Belgium exports on Metal Mountings were Netherlands ($73.6M), France ($57.1M), Germany ($26.8M), United Kingdom ($15.1M), and United States ($10.2M).

In 2023, Belgium imported $505M in Metal Mountings, mainly from Germany ($134M), China ($76.1M), Netherlands ($61.7M), Austria ($54.6M), and Sweden ($36.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Mountings EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Japan$1.85M (487%)
United Kingdom$1.71M (12.8%)
Austria$1.53M (47.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Mountings BY Belgium WERE (2022 - 2023):
India-$2.54M (-68.2%)
Russia-$1.09M (-69.2%)
Denmark-$1.05M (-35%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Metal Mountings were:
China $13.5B
Germany $5.05B
United States $2.58B
In 2023, Belgium's main importing competitors in Metal Mountings were:
United States $8.42B
Germany $2.94B
Mexico $1.8B

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Trade Value of Metal Mountings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $29.4M
TOP IMPORT POTENTIALGermany+ $67.7M

Metal Mountings’s highest export potential is Germany. With an export gap of $29.4M.   Metal Mountings’s highest import potential is Germany with an import gap of $67.7M.

See methodology.

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