Other Firearms in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $48M in Other Firearms, making it the 9th largest exporter of Other Firearms in the world. At the same year, Other Firearms was the 565th most exported product in Belgium. The main destination of Other Firearms exports from Belgium are: France ($8.96M), Italy ($6.63M), United Kingdom ($6.17M), Germany ($5.41M), and Denmark ($2.82M).

The fastest growing export markets for Other Firearms of Belgium between 2021 and 2022 were United Kingdom ($2.22M), Germany ($1.67M), and Italy ($893k).

Imports In 2022, Belgium imported $38.3M in Other Firearms, becoming the 8th largest importer of Other Firearms in the world. At the same year, Other Firearms was the 719th most imported product in Belgium. Belgium imports Other Firearms primarily from: Portugal ($19.6M), Japan ($11.3M), United States ($1.76M), Germany ($1.47M), and Turkey ($1.28M).

The fastest growing import markets in Other Firearms for Belgium between 2021 and 2022 were Portugal ($2.63M), Germany ($589k), and United States ($392k).

Latest Trends

January 2024

About

Overview In January 2024 Belgium's Other Firearms exports accounted up to €2.78M and imports accounted up to €1.4M, resulting in a positive trade balance of €1.39M. Between January 2023 and January 2024 the exports of Belgium's Other Firearms have decreased by €-780k (-21.9%) from €3.56M to €2.78M, while imports decreased by €-910k (-39.4%) from €2.31M to €1.4M.

Destinations In January 2024, Other Firearms were exported mostly to France (€1.08M), Italy (€358k), Portugal (€322k), Germany (€266k), and Croatia (€220k), and were imported mostly from Portugal (€709k), Japan (€475k), Austria (€63.7k), Czechia (€62.2k), and Germany (€46.7k).

Growth In January 2024, the decrease in Other Firearms's year-by-year exports was explained primarily by a decrease in exports to Denmark (€-245k or -57.5%), France (€-153k or -17.3%), and Sweden (€-24k or -26.7%). In January 2024, the decrease in Other Firearms's year-by-year imports was explained primarily by a decrease in imports from Japan (€-925k or -87.4%), Germany (€-141k or -79.7%), and Turkey (€-77.7k or -99%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-780k(-21.9%)

IMPORT GROWTH (January 2023 - January 2024)€-910k(-39.4%)

MAIN DESTINATION (January 2024)France€1.08M

This section shows Other Firearms'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 Other Firearms over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$48M

IMPORTS (2022)$38.3M

NET TRADE (2022)$9.66M

In 2022, Belgium exported $48M in Other Firearms. The main destinations of Belgium exports on Other Firearms were France ($8.96M), Italy ($6.63M), United Kingdom ($6.17M), Germany ($5.41M), and Denmark ($2.82M).

In 2022, Belgium imported $38.3M in Other Firearms, mainly from Portugal ($19.6M), Japan ($11.3M), United States ($1.76M), Germany ($1.47M), and Turkey ($1.28M).

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