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Pricing

2022
Exports $30.4MWorld Rnk 3 / 73
Flag Rnk 654 / 1213
2022
Destination $2.27M France
2021 - 2022
FASTEST GROWING MARKET $2.27MLuxembourg
2022
Imports $20.7MWorld Rnk 4 / 122
Flag Rnk 827 / 1214
2022
Origin $1.34M France
2021 - 2022
FASTEST GROWING ORIGIN $1.34MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $30.4M in Railroad Ties, making it the 3rd largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 654th most exported product in Belgium. The main destination of Railroad Ties exports from Belgium are: France ($12.1M), United Kingdom ($3.35M), Luxembourg ($2.58M), Spain ($2.49M), and Germany ($2.17M).

The fastest growing export markets for Railroad Ties of Belgium between 2021 and 2022 were Luxembourg ($2.27M), France ($2.04M), and Denmark ($1.98M).

Imports In 2022, Belgium imported $20.7M in Railroad Ties, becoming the 4th largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 827th most imported product in Belgium. Belgium imports Railroad Ties primarily from: France ($8.76M), Gabon ($6.35M), Netherlands ($4.45M), Spain ($738k), and Germany ($97.6k).

The fastest growing import markets in Railroad Ties for Belgium between 2021 and 2022 were France ($1.34M), Spain ($529k), and Gabon ($230k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Railroad Ties exports accounted up to €785k and imports accounted up to €1.57M, resulting in a negative trade balance of €784k. Between July 2023 and July 2024 the exports of Belgium's   Railroad Ties have decreased by €-1.56M (-66.5%) from €2.34M to €785k, while imports decreased by €-1.33M (-45.9%) from €2.9M to €1.57M.

Destinations In July 2024, Railroad Ties were exported mostly to United Kingdom (€260k), France (€236k), Bosnia and Herzegovina (€154k), Germany (€68.1k), and Serbia (€28.8k), and were imported mostly from France (€1.29M) and Netherlands (€280k).

Growth In July 2024, the decrease in Railroad Ties's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Railroad Ties's year-by-year imports was explained primarily by a decrease in imports from Gabon (€-470k or -44%) and Netherlands (€-36.6k or -39.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-1.56M(-66.5%)
IMPORT GROWTH (July 2023 - July 2024)€-1.33M(-45.9%)
MAIN DESTINATION (July 2024)United Kingdom€260k

This section shows Railroad Ties'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 Railroad Ties over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.4M
IMPORTS (2022)$20.7M
NET TRADE (2022)$9.61M

In 2022, Belgium exported $30.4M in Railroad Ties. The main destinations of Belgium exports on Railroad Ties were France ($12.1M), United Kingdom ($3.35M), Luxembourg ($2.58M), Spain ($2.49M), and Germany ($2.17M).

In 2022, Belgium imported $20.7M in Railroad Ties, mainly from France ($8.76M), Gabon ($6.35M), Netherlands ($4.45M), Spain ($738k), and Germany ($97.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Luxembourg$2.27M (735%)
France$2.04M (20.3%)
Denmark$1.98M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY Belgium WERE (2021 - 2022):
Spain-$1.34M (-34.9%)
United Kingdom-$1.02M (-23.3%)
Slovenia-$168k (-75.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Railroad Ties were:
United States $132M
France $46.5M
In 2022, Belgium's main importing competitors in Railroad Ties were:
Canada $112M
Netherlands $52.6M
Germany $20.9M

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Trade Value of Railroad Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.03M
TOP IMPORT POTENTIALGermany+ $244k

Railroad Ties’s highest export potential is Netherlands. With an export gap of $1.03M.   Railroad Ties’s highest import potential is Germany with an import gap of $244k.

See methodology.

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