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2022
Exports $3.05BWorld Rnk 7 / 207
Flag Rnk 17 / 1213
2022
Destination $96.7M China
2021 - 2022
FASTEST GROWING MARKET $96.7MNetherlands
2022
PRODUCT COMPLEXITY IN Orthopedic Appliances0.98Rnk 180 / 1025
2022
Imports $3.61BWorld Rnk 4 / 221
Flag Rnk 18 / 1214
2022
Origin $271M United States
2021 - 2022
FASTEST GROWING ORIGIN $271MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $3.05B in Orthopedic Appliances, making it the 7th largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 17th most exported product in Belgium. The main destination of Orthopedic Appliances exports from Belgium are: China ($282M), Netherlands ($242M), France ($221M), Italy ($205M), and Germany ($188M).

The fastest growing export markets for Orthopedic Appliances of Belgium between 2021 and 2022 were Netherlands ($96.7M), Russia ($34.9M), and Japan ($28.1M).

Imports In 2022, Belgium imported $3.61B in Orthopedic Appliances, becoming the 4th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 18th most imported product in Belgium. Belgium imports Orthopedic Appliances primarily from: United States ($831M), Netherlands ($767M), Malaysia ($450M), Switzerland ($438M), and Germany ($219M).

The fastest growing import markets in Orthopedic Appliances for Belgium between 2021 and 2022 were Netherlands ($271M), United States ($180M), and United Kingdom ($49.3M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (109) and Amazon (1) were at the forefront of shipping Orthopedic Appliances from Belgium to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Orthopedic Appliances exports accounted up to €292M and imports accounted up to €235M, resulting in a positive trade balance of €56.7M. Between July 2023 and July 2024 the exports of Belgium's   Orthopedic Appliances have increased by €35.2M (13.7%) from €257M to €292M, while imports increased by €19.9M (9.24%) from €215M to €235M.

Destinations In July 2024, Orthopedic Appliances were exported mostly to China (€31.4M), United States (€24M), Germany (€22.6M), United Kingdom (€21.6M), and Italy (€19.4M), and were imported mostly from United States (€77.2M), Netherlands (€27.7M), Malaysia (€26.9M), United Kingdom (€20.8M), and Ireland (€20M).

Growth In July 2024, the increase in Orthopedic Appliances's year-by-year exports was explained primarily by an increase in exports to United States (€11M or 97.4%), Russia (€9.98M or 165%), and United Kingdom (€6.21M or 44.5%). In July 2024, the increase in Orthopedic Appliances's year-by-year imports was explained primarily by an increase in imports from United States (€27.6M or 73%), Costa Rica (€12.9M or 132%), and Switzerland (€7.19M or 43.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€35.2M(13.7%)
IMPORT GROWTH (July 2023 - July 2024)€19.9M(9.24%)
MAIN DESTINATION (July 2024)China€31.4M

This section shows Orthopedic Appliances'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 Orthopedic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.05B
IMPORTS (2022)$3.61B
NET TRADE (2022)-$555M

In 2022, Belgium exported $3.05B in Orthopedic Appliances. The main destinations of Belgium exports on Orthopedic Appliances were China ($282M), Netherlands ($242M), France ($221M), Italy ($205M), and Germany ($188M).

In 2022, Belgium imported $3.61B in Orthopedic Appliances, mainly from United States ($831M), Netherlands ($767M), Malaysia ($450M), Switzerland ($438M), and Germany ($219M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$96.7M (66.6%)
Russia$34.9M (63.1%)
Japan$28.1M (22%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Belgium WERE (2021 - 2022):
United Kingdom-$122M (-53.6%)
Kazakhstan-$96.4M (-95.5%)
China-$86M (-23.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Orthopedic Appliances were:
United States $12.2B
Netherlands $9.21B
Switzerland $7.42B
In 2022, Belgium's main importing competitors in Orthopedic Appliances were:
United States $14.1B
Netherlands $7.77B
Germany $5.39B

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $153M
TOP IMPORT POTENTIALGermany+ $150M

Orthopedic Appliances’s highest export potential is Netherlands. With an export gap of $153M.   Orthopedic Appliances’s highest import potential is Germany with an import gap of $150M.

See methodology.

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