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2023
Exports $87.7MWorld Rnk 14 / 139
Flag Rnk 467 / 1216
2023
Destination $4.85M Italy
2022 - 2023
FASTEST GROWING MARKET $4.85MSwitzerland
2023
PRODUCT COMPLEXITY IN Non-Mechanical Removal Machinery1.8Rnk 15 / 1025
2023
Imports $67MWorld Rnk 27 / 202
Flag Rnk 556 / 1213
2023
Origin $6.05M Germany
2022 - 2023
FASTEST GROWING ORIGIN $6.05MGermany
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $87.7M in Non-Mechanical Removal Machinery, making it the 14th largest exporter of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 467th most exported product in Belgium. The main destination of Non-Mechanical Removal Machinery exports from Belgium are: Italy ($25.5M), France ($12.1M), Switzerland ($6.88M), Netherlands ($5.92M), and Australia ($5.52M).

The fastest growing export markets for Non-Mechanical Removal Machinery of Belgium between 2022 and 2023 were Switzerland ($4.85M), Australia ($4.08M), and United Kingdom ($1.52M).

Imports In 2023, Belgium imported $67M in Non-Mechanical Removal Machinery, becoming the 27th largest importer of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 556th most imported product in Belgium. Belgium imports Non-Mechanical Removal Machinery primarily from: Germany ($23.5M), Switzerland ($12.3M), Netherlands ($8.82M), China ($6.45M), and Japan ($5.11M).

The fastest growing import markets in Non-Mechanical Removal Machinery for Belgium between 2022 and 2023 were Germany ($6.05M), Switzerland ($4.26M), and Italy ($1.62M).

COMPANIES In 2023, leading companies such as Rolls-Royce (1) were at the forefront of shipping Non-Mechanical Removal Machinery from Belgium to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Non-Mechanical Removal Machinery exports accounted up to €4.41M and imports accounted up to €5.99M, resulting in a negative trade balance of €1.58M. Between October 2023 and October 2024 the exports of Belgium's   Non-Mechanical Removal Machinery have decreased by €-967k (-18%) from €5.38M to €4.41M, while imports increased by €2.71M (82.5%) from €3.28M to €5.99M.

Destinations In October 2024, Non-Mechanical Removal Machinery were exported mostly to Netherlands (€1.6M), Germany (€1.3M), United States (€664k), Finland (€614k), and Poland (€56.7k), and were imported mostly from Germany (€4.43M), Slovakia (€894k), China (€382k), Poland (€115k), and Netherlands (€65.7k).

Growth In October 2024, the decrease in Non-Mechanical Removal Machinery's year-by-year exports was explained primarily by a decrease in exports to Spain (€-23.5k or -43.9%), Ireland (€-3.72k or -99.7%), and Egypt (€-1.5k or -90.1%). In October 2024, the increase in Non-Mechanical Removal Machinery's year-by-year imports was explained primarily by an increase in imports from Italy (€481k or 250%), United States (€370k or 38.4k%), and United Kingdom (€215k or 453%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-967k(-18%)
IMPORT GROWTH (October 2023 - October 2024)€2.71M(82.5%)
MAIN DESTINATION (October 2024)Netherlands€1.6M

This section shows Non-Mechanical Removal Machinery'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 Non-Mechanical Removal Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$87.7M
IMPORTS (2023)$67M
NET TRADE (2023)$20.7M

In 2023, Belgium exported $87.7M in Non-Mechanical Removal Machinery. The main destinations of Belgium exports on Non-Mechanical Removal Machinery were Italy ($25.5M), France ($12.1M), Switzerland ($6.88M), Netherlands ($5.92M), and Australia ($5.52M).

In 2023, Belgium imported $67M in Non-Mechanical Removal Machinery, mainly from Germany ($23.5M), Switzerland ($12.3M), Netherlands ($8.82M), China ($6.45M), and Japan ($5.11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Mechanical Removal Machinery EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Switzerland$4.85M (239%)
Australia$4.08M (283%)
United Kingdom$1.52M (272%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Mechanical Removal Machinery BY Belgium WERE (2022 - 2023):
Italy-$19.2M (-42.9%)
Luxembourg-$1.48M (-50.5%)
Bulgaria-$1.45M (-99.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Non-Mechanical Removal Machinery were:
China $1.97B
Germany $1.22B
Japan $1.11B
In 2023, Belgium's main importing competitors in Non-Mechanical Removal Machinery were:
United States $1.05B
China $683M
Germany $673M

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Trade Value of Non-Mechanical Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.17M
TOP IMPORT POTENTIALGermany+ $11.3M

Non-Mechanical Removal Machinery’s highest export potential is Germany. With an export gap of $5.17M.   Non-Mechanical Removal Machinery’s highest import potential is Germany with an import gap of $11.3M.

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