2022
Exports
$46.8MWorld Rnk 24 / 121
Flag Rnk 571 / 1213
2022
PRODUCT COMPLEXITY IN Other Precious Metal Products
-0.036Rnk 559 / 1025
2022
Imports
$112MWorld Rnk 13 / 189
Flag Rnk 486 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $46.8M in Other Precious Metal Products, making it the 24th largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 571st most exported product in Belgium. The main destination of Other Precious Metal Products exports from Belgium are: Netherlands ($35.1M), Norway ($4.69M), Germany ($2.97M), United States ($2.06M), and Italy ($820k).

The fastest growing export markets for Other Precious Metal Products of Belgium between 2021 and 2022 were Netherlands ($34.5M), United States ($2M), and Norway ($1.44M).

Imports In 2022, Belgium imported $112M in Other Precious Metal Products, becoming the 13th largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 486th most imported product in Belgium. Belgium imports Other Precious Metal Products primarily from: Germany ($62.9M), Netherlands ($35.7M), Norway ($7.87M), Spain ($1.79M), and Czechia ($1.15M).

The fastest growing import markets in Other Precious Metal Products for Belgium between 2021 and 2022 were Netherlands ($8.38M), Norway ($2.28M), and Spain ($751k).

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-7.26M(-99.9%)
IMPORT GROWTH (May 2023 - May 2024)€-6.42M(-99.4%)
MAIN DESTINATION (May 2024)Burkina Faso€5.51k

This section shows Other Precious Metal Products'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 Precious Metal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.8M
IMPORTS (2022)$112M
NET TRADE (2022)-$65.6M

In 2022, Belgium exported $46.8M in Other Precious Metal Products. The main destinations of Belgium exports on Other Precious Metal Products were Netherlands ($35.1M), Norway ($4.69M), Germany ($2.97M), United States ($2.06M), and Italy ($820k).

In 2022, Belgium imported $112M in Other Precious Metal Products, mainly from Germany ($62.9M), Netherlands ($35.7M), Norway ($7.87M), Spain ($1.79M), and Czechia ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$34.5M (5.51k%)
United States$2M (3.02k%)
Norway$1.44M (44.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY Belgium WERE (2021 - 2022):
Germany-$4.05M (-57.7%)
France-$376k (-31.8%)
Czechia-$280k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Other Precious Metal Products were:
In 2022, Belgium's main importing competitors in Other Precious Metal Products were:

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Trade Value of Other Precious Metal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.13M
TOP IMPORT POTENTIALGermany+ $3.46M

Other Precious Metal Products’s highest export potential is United States. With an export gap of $4.13M.   Other Precious Metal Products’s highest import potential is Germany with an import gap of $3.46M.

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