2023
Exports
$454kWorld Rnk 55 / 84
Flag Rnk 1144 / 1216
2023
PRODUCT COMPLEXITY IN Railway Freight Cars
-0.044Rnk 574 / 1025
2023
Imports
$4.18MWorld Rnk 47 / 143
Flag Rnk 1026 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $454k in Railway Freight Cars, making it the 55th largest exporter of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 1144th most exported product in Belgium. The main destination of Railway Freight Cars exports from Belgium are: Netherlands ($98.4k), France ($90.7k), Germany ($71.4k), Israel ($61.1k), and Mauritania ($57.2k).

The fastest growing export markets for Railway Freight Cars of Belgium between 2022 and 2023 were France ($90.7k), Germany ($71.4k), and Mauritania ($57.2k).

Imports In 2023, Belgium imported $4.18M in Railway Freight Cars, becoming the 47th largest importer of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 1026th most imported product in Belgium. Belgium imports Railway Freight Cars primarily from: Slovakia ($4M), Romania ($78.1k), Czechia ($48.4k), Switzerland ($44.5k), and France ($7k).

The fastest growing import markets in Railway Freight Cars for Belgium between 2022 and 2023 were Slovakia ($4M), Switzerland ($44.5k), and China ($3.11k).

COMPANIES In 2023, leading companies such as John Deere (3) and Toyota (3) were at the forefront of shipping Railway Freight Cars from Belgium to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - September 2024)€13.5k(7.49k%)
IMPORT GROWTH (March 2022 - November 2024)€16.7k(19.4k%)
MAIN DESTINATION (September 2024)

This section shows Railway Freight Cars'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 Railway Freight Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$454k
IMPORTS (2023)$4.18M
NET TRADE (2023)-$3.73M

In 2023, Belgium exported $454k in Railway Freight Cars. The main destinations of Belgium exports on Railway Freight Cars were Netherlands ($98.4k), France ($90.7k), Germany ($71.4k), Israel ($61.1k), and Mauritania ($57.2k).

In 2023, Belgium imported $4.18M in Railway Freight Cars, mainly from Slovakia ($4M), Romania ($78.1k), Czechia ($48.4k), Switzerland ($44.5k), and France ($7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Freight Cars EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
France$90.7k (252k%)
Germany$71.4k (1%)
Mauritania$57.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Freight Cars BY Belgium WERE (2022 - 2023):
Gabon-$607k (-100%)
Czechia-$554k (-100%)
India-$536k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Railway Freight Cars were:
In 2023, Belgium's main importing competitors in Railway Freight Cars were:

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Trade Value of Railway Freight Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $121k
TOP IMPORT POTENTIALGermany+ $375k

Railway Freight Cars’s highest export potential is Netherlands. With an export gap of $121k.   Railway Freight Cars’s highest import potential is Germany with an import gap of $375k.

See methodology.

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