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2022
Exports $2.82MWorld Rnk 24 / 78
Flag Rnk 1024 / 1213
2022
Destination $505k Poland
2021 - 2022
FASTEST GROWING MARKET $505kItaly
2022
PRODUCT COMPLEXITY IN Molybdenum0.95Rnk 192 / 1025
2022
Imports $8.84MWorld Rnk 20 / 142
Flag Rnk 962 / 1214
2022
Origin $530k United States
2021 - 2022
FASTEST GROWING ORIGIN $530kItaly
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $2.82M in Molybdenum, making it the 24th largest exporter of Molybdenum in the world. At the same year, Molybdenum was the 1024th most exported product in Belgium. The main destination of Molybdenum exports from Belgium are: Poland ($842k), Italy ($810k), Germany ($595k), United States ($264k), and France ($97.5k).

The fastest growing export markets for Molybdenum of Belgium between 2021 and 2022 were Italy ($505k), Poland ($409k), and Finland ($25.4k).

Imports In 2022, Belgium imported $8.84M in Molybdenum, becoming the 20th largest importer of Molybdenum in the world. At the same year, Molybdenum was the 962nd most imported product in Belgium. Belgium imports Molybdenum primarily from: United States ($2.25M), United Kingdom ($1.95M), Austria ($1.28M), Germany ($679k), and Italy ($530k).

The fastest growing import markets in Molybdenum for Belgium between 2021 and 2022 were Italy ($530k), France ($481k), and United States ($434k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Molybdenum exports accounted up to €201k and imports accounted up to €453k, resulting in a negative trade balance of €252k. Between August 2023 and August 2024 the exports of Belgium's   Molybdenum have increased by €76.3k (61.1%) from €125k to €201k, while imports decreased by €-310k (-40.6%) from €763k to €453k.

Destinations In August 2024, Molybdenum were exported mostly to Germany (€173k), United States (€23.9k), Chinese Taipei (€3.5k), Greece (€577), and Austria (€8), and were imported mostly from Germany (€206k), United Kingdom (€131k), Austria (€68.8k), Uzbekistan (€36.2k), and India (€10.4k).

Growth In August 2024, the increase in Molybdenum's year-by-year exports was explained primarily by an increase in exports to Germany (€88.9k or 110%). In August 2024, the decrease in Molybdenum's year-by-year imports was explained primarily by a decrease in imports from France (€-92.3k or -100%), Germany (€-79.1k or -53.4%), and United States (€-20.5k or -71%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€76.3k(61.1%)
IMPORT GROWTH (August 2023 - August 2024)€-310k(-40.6%)
MAIN DESTINATION (August 2024)Germany€173k

This section shows Molybdenum'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 Molybdenum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.82M
IMPORTS (2022)$8.84M
NET TRADE (2022)-$6.02M

In 2022, Belgium exported $2.82M in Molybdenum. The main destinations of Belgium exports on Molybdenum were Poland ($842k), Italy ($810k), Germany ($595k), United States ($264k), and France ($97.5k).

In 2022, Belgium imported $8.84M in Molybdenum, mainly from United States ($2.25M), United Kingdom ($1.95M), Austria ($1.28M), Germany ($679k), and Italy ($530k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molybdenum EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$505k (165%)
Poland$409k (94.1%)
Finland$25.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum BY Belgium WERE (2021 - 2022):
Germany-$449k (-43%)
France-$238k (-70.9%)
United States-$151k (-36.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Molybdenum were:
China $245M
Austria $216M
United Kingdom $89.3M
In 2022, Belgium's main importing competitors in Molybdenum were:
United States $118M
Germany $105M
United Kingdom $104M

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Trade Value of Molybdenum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $558k
TOP IMPORT POTENTIALGermany+ $602k

Molybdenum’s highest export potential is Germany. With an export gap of $558k.   Molybdenum’s highest import potential is Germany with an import gap of $602k.

See methodology.

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