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2018
Exports $32.6MWorld Rnk 14 / 134
Flag Rnk 638 / 1213
2018
Destination $4.11M Germany
2021 - 2022
FASTEST GROWING MARKET $4.11MUnited States
2022
PRODUCT COMPLEXITY IN Other Non-Metal Removal Machinery0.93Rnk 200 / 1025
2018
Imports $20.1MWorld Rnk 29 / 200
Flag Rnk 830 / 1214
2018
Origin $5.91M Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $5.91MSwitzerland
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2018, Belgium exported $32.6M in Other Non-Metal Removal Machinery, making it the 14th largest exporter of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 638th most exported product in Belgium. The main destination of Other Non-Metal Removal Machinery exports from Belgium are: Germany ($6.16M), France ($5.07M), United States ($4.91M), Algeria ($3.03M), and Peru ($2.69M).

The fastest growing export markets for Other Non-Metal Removal Machinery of Belgium between 2021 and 2022 were United States ($4.11M), France ($3.52M), and Peru ($2.69M).

Imports In 2022, Belgium imported $20.1M in Other Non-Metal Removal Machinery, becoming the 29th largest importer of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 830th most imported product in Belgium. Belgium imports Other Non-Metal Removal Machinery primarily from: Switzerland ($6.21M), Germany ($2.79M), Netherlands ($2.78M), United States ($1.92M), and Austria ($1.59M).

The fastest growing import markets in Other Non-Metal Removal Machinery for Belgium between 2021 and 2022 were Switzerland ($5.91M), Netherlands ($1.92M), and Austria ($1.31M).

Latest Trends

June 2024

About

Overview In June 2024 Belgium's Other Non-Metal Removal Machinery exports accounted up to €117k and imports accounted up to €1.85M, resulting in a negative trade balance of €1.73M. Between June 2023 and June 2024 the exports of Belgium's   Other Non-Metal Removal Machinery have decreased by €-1.43M (-92.4%) from €1.54M to €117k, while imports increased by €1.63M (776%) from €211k to €1.85M.

Destinations In June 2024, Other Non-Metal Removal Machinery were exported mostly to Germany (€50.9k), Egypt (€40.4k), Poland (€6.56k), Italy (€4.22k), and Slovakia (€3.41k), and were imported mostly from Austria (€1.39M), Germany (€201k), France (€179k), China (€26.7k), and Finland (€26.6k).

Growth In June 2024, the decrease in Other Non-Metal Removal Machinery's year-by-year exports was explained primarily by a decrease in exports to Spain (€-19.2k or -88.8%), Italy (€-4.55k or -60.2%), and United Kingdom (€-2.01k or -88.8%). In June 2024, the increase in Other Non-Metal Removal Machinery's year-by-year imports was explained primarily by an increase in imports from Netherlands (€739k or 825%), France (€469k or 195k%), and Germany (€226k or 2.96k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.43M(-92.4%)
IMPORT GROWTH (June 2023 - June 2024)€1.63M(776%)
MAIN DESTINATION (June 2024)Germany€50.9k

This section shows Other Non-Metal 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 Other Non-Metal Removal Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.6M
IMPORTS (2022)$20.1M
NET TRADE (2022)$12.5M

In 2022, Belgium exported $32.6M in Other Non-Metal Removal Machinery. The main destinations of Belgium exports on Other Non-Metal Removal Machinery were Germany ($6.16M), France ($5.07M), United States ($4.91M), Algeria ($3.03M), and Peru ($2.69M).

In 2022, Belgium imported $20.1M in Other Non-Metal Removal Machinery, mainly from Switzerland ($6.21M), Germany ($2.79M), Netherlands ($2.78M), United States ($1.92M), and Austria ($1.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Non-Metal Removal Machinery EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United States$4.11M (520%)
France$3.52M (227%)
Peru$2.69M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Non-Metal Removal Machinery BY Belgium WERE (2021 - 2022):
Poland-$1.31M (-95.6%)
South Korea-$545k (-39%)
Argentina-$204k (-77.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Other Non-Metal Removal Machinery were:
Germany $627M
China $489M
Italy $245M
In 2022, Belgium's main importing competitors in Other Non-Metal Removal Machinery were:
United States $378M
China $207M
India $126M

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Trade Value of Other Non-Metal Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.52M
TOP IMPORT POTENTIALGermany+ $1.58M

Other Non-Metal Removal Machinery’s highest export potential is Germany. With an export gap of $1.52M.   Other Non-Metal Removal Machinery’s highest import potential is Germany with an import gap of $1.58M.

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