Optical, photo, & film equipment; medical instruments in Belgium

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Exports In 2022, Belgium exported $8.94B in Optical, photo, & film equipment; medical instruments, making it the 16th largest exporter of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 11th most exported product in Belgium. The main destination of Optical, photo, & film equipment; medical instruments exports from Belgium are: France ($1.08B), Germany ($787M), Italy ($752M), Netherlands ($698M), and China ($596M).

The fastest growing export markets for Optical, photo, & film equipment; medical instruments of Belgium between 2021 and 2022 were Russia ($52.6M), Netherlands ($41.1M), and Saudi Arabia ($34.8M).

Imports In 2022, Belgium imported $13.4B in Optical, photo, & film equipment; medical instruments, becoming the 15th largest importer of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 10th most imported product in Belgium. Belgium imports Optical, photo, & film equipment; medical instruments primarily from: United States ($2.97B), Netherlands ($1.92B), Germany ($1.38B), Mexico ($974M), and Switzerland ($785M).

The fastest growing import markets in Optical, photo, & film equipment; medical instruments for Belgium between 2021 and 2022 were Mexico ($527M), Netherlands ($229M), and Spain ($43.8M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (111), ZF Friedrichshafen (20), and Euromarket Designs (18) were at the forefront of shipping Optical, photo, & film equipment; medical instruments from Belgium to the United States.

Latest Trends

July 2024

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Overview In July 2024 Belgium's Optical, photo, & film equipment; medical instruments exports accounted up to €794M and imports accounted up to €807M, resulting in a negative trade balance of €12.9M. Between July 2023 and July 2024 the exports of Belgium's Optical, photo, & film equipment; medical instruments have increased by €122M (18.2%) from €672M to €794M, while imports increased by €124M (18.2%) from €683M to €807M.

Destinations In July 2024, Optical, photo, & film equipment; medical instruments were exported mostly to Germany (€84.5M), France (€64.7M), Italy (€58.3M), China (€58M), and United Kingdom (€57.2M), and were imported mostly from United States (€160M), Netherlands (€104M), Germany (€86.7M), Mexico (€79.7M), and Japan (€42.2M).

Growth In July 2024, the increase in Optical, photo, & film equipment; medical instruments's year-by-year exports was explained primarily by an increase in exports to France (€13.6M or 19.7%), United States (€12.9M or 43.2%), and United Kingdom (€11.2M or 26.2%). In July 2024, the increase in Optical, photo, & film equipment; medical instruments's year-by-year imports was explained primarily by an increase in imports from United States (€29.8M or 28.1%), Mexico (€29.7M or 62.9%), and Costa Rica (€18.1M or 51.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)€122M(18.2%)

IMPORT GROWTH (July 2023 - July 2024)€124M(18.2%)

MAIN DESTINATION (July 2024)Germany€84.5M

This section shows Optical, photo, & film equipment; medical instruments'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 Optical, photo, & film equipment; medical instruments over time.

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