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2023
Exports $80.8MWorld Rnk 17 / 172
Flag Rnk 485 / 1216
2023
Destination $7.29M Italy
2022 - 2023
FASTEST GROWING MARKET $7.29MItaly
2023
PRODUCT COMPLEXITY IN Other Paper Machinery1.24Rnk 93 / 1025
2023
Imports $74.4MWorld Rnk 28 / 211
Flag Rnk 531 / 1213
2023
Origin $6.89M Germany
2022 - 2023
FASTEST GROWING ORIGIN $6.89MItaly
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $80.8M in Other Paper Machinery, making it the 17th largest exporter of Other Paper Machinery in the world. At the same year, Other Paper Machinery was the 485th most exported product in Belgium. The main destination of Other Paper Machinery exports from Belgium are: Italy ($12.9M), United States ($11.8M), Netherlands ($11M), France ($6.36M), and Germany ($5.38M).

The fastest growing export markets for Other Paper Machinery of Belgium between 2022 and 2023 were Italy ($7.29M), Brazil ($2.3M), and France ($2.06M).

Imports In 2023, Belgium imported $74.4M in Other Paper Machinery, becoming the 28th largest importer of Other Paper Machinery in the world. At the same year, Other Paper Machinery was the 531st most imported product in Belgium. Belgium imports Other Paper Machinery primarily from: Germany ($21.4M), France ($13.8M), Italy ($11.4M), Netherlands ($10.3M), and Switzerland ($4.76M).

The fastest growing import markets in Other Paper Machinery for Belgium between 2022 and 2023 were Italy ($6.89M), Netherlands ($3.41M), and France ($1.78M).

COMPANIES In 2023, leading companies such as Dow Chemical (1) were at the forefront of shipping Other Paper Machinery from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Other Paper Machinery exports accounted up to €7.34M and imports accounted up to €6.11M, resulting in a positive trade balance of €1.23M. Between November 2023 and November 2024 the exports of Belgium's   Other Paper Machinery have increased by €2.05M (38.8%) from €5.29M to €7.34M, while imports increased by €3.71M (155%) from €2.4M to €6.11M.

Destinations In November 2024, Other Paper Machinery were exported mostly to United States (€3.19M), South Korea (€778k), Macau (€720k), United Kingdom (€520k), and Switzerland (€413k), and were imported mostly from Germany (€2.62M), Netherlands (€1.53M), United States (€522k), Italy (€477k), and France (€387k).

Growth In November 2024, the increase in Other Paper Machinery's year-by-year exports was explained primarily by an increase in exports to United States (€1.31M or 190%), Germany (€879k or 1.12k%), and United Kingdom (€414k or 992%). In November 2024, the increase in Other Paper Machinery's year-by-year imports was explained primarily by an increase in imports from Switzerland (€1.47M or 1.32k%), Canada (€258k or 4.29k%), and Italy (€106k or 49.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€2.05M(38.8%)
IMPORT GROWTH (November 2023 - November 2024)€3.71M(155%)
MAIN DESTINATION (November 2024)United States€3.19M

This section shows Other Paper 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 Paper Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$80.8M
IMPORTS (2023)$74.4M
NET TRADE (2023)$6.34M

In 2023, Belgium exported $80.8M in Other Paper Machinery. The main destinations of Belgium exports on Other Paper Machinery were Italy ($12.9M), United States ($11.8M), Netherlands ($11M), France ($6.36M), and Germany ($5.38M).

In 2023, Belgium imported $74.4M in Other Paper Machinery, mainly from Germany ($21.4M), France ($13.8M), Italy ($11.4M), Netherlands ($10.3M), and Switzerland ($4.76M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Paper Machinery EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Italy$7.29M (129%)
Brazil$2.3M (541%)
France$2.06M (48%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Paper Machinery BY Belgium WERE (2022 - 2023):
India-$8.01M (-98.5%)
Australia-$2.06M (-69.5%)
Mexico-$1.5M (-50.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Other Paper Machinery were:
China $1.87B
Germany $1.38B
Italy $999M
In 2023, Belgium's main importing competitors in Other Paper Machinery were:
United States $1.4B
Germany $482M
France $371M

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Trade Value of Other Paper Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.77M
TOP IMPORT POTENTIALGermany+ $12.6M

Other Paper Machinery’s highest export potential is United States. With an export gap of $4.77M.   Other Paper Machinery’s highest import potential is Germany with an import gap of $12.6M.

See methodology.

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