2023
Exports
$52.8MWorld Rnk 27 / 197
Flag Rnk 562 / 1216
2023
PRODUCT COMPLEXITY IN Pulley Systems
0.87Rnk 222 / 1025
2023
Imports
$68.3MWorld Rnk 31 / 223
Flag Rnk 554 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $52.8M in Pulley Systems, making it the 27th largest exporter of Pulley Systems in the world. At the same year, Pulley Systems was the 562nd most exported product in Belgium. The main destination of Pulley Systems exports from Belgium are: France ($22.5M), Netherlands ($5.81M), Spain ($2.82M), Germany ($2.02M), and United Kingdom ($1.75M).

The fastest growing export markets for Pulley Systems of Belgium between 2022 and 2023 were Netherlands ($2.63M), Spain ($2.19M), and Germany ($787k).

Imports In 2023, Belgium imported $68.3M in Pulley Systems, becoming the 31st largest importer of Pulley Systems in the world. At the same year, Pulley Systems was the 554th most imported product in Belgium. Belgium imports Pulley Systems primarily from: Germany ($16.2M), France ($12.7M), China ($11.6M), Italy ($8.04M), and Netherlands ($6.67M).

The fastest growing import markets in Pulley Systems for Belgium between 2022 and 2023 were Italy ($2.03M), France ($1.81M), and Germany ($1.37M).

COMPANIES In 2023, leading companies such as Schindler Elevators (594) and ABB Motors and Mechanical (9) were at the forefront of shipping Pulley Systems from Belgium to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€1.47M(74.8%)
IMPORT GROWTH (November 2023 - November 2024)€2.27M(100%)
MAIN DESTINATION (November 2024)United Kingdom€639k

This section shows Pulley Systems'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 Pulley Systems over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$52.8M
IMPORTS (2023)$68.3M
NET TRADE (2023)-$15.5M

In 2023, Belgium exported $52.8M in Pulley Systems. The main destinations of Belgium exports on Pulley Systems were France ($22.5M), Netherlands ($5.81M), Spain ($2.82M), Germany ($2.02M), and United Kingdom ($1.75M).

In 2023, Belgium imported $68.3M in Pulley Systems, mainly from Germany ($16.2M), France ($12.7M), China ($11.6M), Italy ($8.04M), and Netherlands ($6.67M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pulley Systems EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Netherlands$2.63M (82.6%)
Spain$2.19M (345%)
Germany$787k (63.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pulley Systems BY Belgium WERE (2022 - 2023):
France-$3.32M (-12.9%)
Singapore-$2.13M (-86.4%)
Australia-$1.29M (-63.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Pulley Systems were:
In 2023, Belgium's main importing competitors in Pulley Systems were:

Explore Visualizations

Trade Value of Pulley Systems by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.02M
TOP IMPORT POTENTIALGermany+ $9.33M

Pulley Systems’s highest export potential is Germany. With an export gap of $4.02M.   Pulley Systems’s highest import potential is Germany with an import gap of $9.33M.

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