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Pricing

2022
Exports $5MWorld Rnk 20 / 62
Flag Rnk 957 / 1213
2022
Destination $771k France
2021 - 2022
FASTEST GROWING MARKET $771kNetherlands
2022
PRODUCT COMPLEXITY IN Railway Maintenance Vehicles0.25Rnk 474 / 1025
2022
Imports $22.4MWorld Rnk 10 / 113
Flag Rnk 817 / 1214
2022
Origin $7.71M Austria
2021 - 2022
FASTEST GROWING ORIGIN $7.71MAustria
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $5M in Railway Maintenance Vehicles, making it the 20th largest exporter of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 957th most exported product in Belgium. The main destination of Railway Maintenance Vehicles exports from Belgium are: France ($1.6M), Netherlands ($1.18M), Spain ($809k), Germany ($452k), and Madagascar ($449k).

The fastest growing export markets for Railway Maintenance Vehicles of Belgium between 2021 and 2022 were Netherlands ($771k), Spain ($750k), and Madagascar ($449k).

Imports In 2022, Belgium imported $22.4M in Railway Maintenance Vehicles, becoming the 10th largest importer of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 817th most imported product in Belgium. Belgium imports Railway Maintenance Vehicles primarily from: Austria ($14.8M), Italy ($3.09M), France ($2.19M), Netherlands ($1.16M), and Germany ($863k).

The fastest growing import markets in Railway Maintenance Vehicles for Belgium between 2021 and 2022 were Austria ($7.71M), France ($2.04M), and United Kingdom ($135k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Railway Maintenance Vehicles exports accounted up to €95.3k and imports accounted up to €2.67M, resulting in a negative trade balance of €2.57M. Between September 2022 and July 2024 the exports of Belgium's   Railway Maintenance Vehicles have increased by €42.2k (79.5%) from €53.1k to €95.3k, while imports increased by €2.62M (5.61k%) from €46.7k to €2.67M.

Destinations In July 2024, Railway Maintenance Vehicles were exported mostly to , and were imported mostly from France (€2.67M).

Growth In July 2024, the increase in Railway Maintenance Vehicles's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Railway Maintenance Vehicles's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2022 - July 2024)€42.2k(79.5%)
IMPORT GROWTH (November 2022 - August 2024)€2.62M(5.61k%)
MAIN DESTINATION (July 2024)

This section shows Railway Maintenance Vehicles'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 Maintenance Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5M
IMPORTS (2022)$22.4M
NET TRADE (2022)-$17.4M

In 2022, Belgium exported $5M in Railway Maintenance Vehicles. The main destinations of Belgium exports on Railway Maintenance Vehicles were France ($1.6M), Netherlands ($1.18M), Spain ($809k), Germany ($452k), and Madagascar ($449k).

In 2022, Belgium imported $22.4M in Railway Maintenance Vehicles, mainly from Austria ($14.8M), Italy ($3.09M), France ($2.19M), Netherlands ($1.16M), and Germany ($863k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Maintenance Vehicles EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$771k (187%)
Spain$750k (1.27k%)
Madagascar$449k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Maintenance Vehicles BY Belgium WERE (2021 - 2022):
Uruguay-$2.23M (-100%)
Germany-$2.21M (-83%)
France-$150k (-8.59%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Railway Maintenance Vehicles were:
Austria $263M
United States $179M
China $159M
In 2022, Belgium's main importing competitors in Railway Maintenance Vehicles were:
Indonesia $120M
Japan $96.7M
Canada $84.3M

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Trade Value of Railway Maintenance Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $276k
TOP IMPORT POTENTIALGermany+ $927k

Railway Maintenance Vehicles’s highest export potential is Germany. With an export gap of $276k.   Railway Maintenance Vehicles’s highest import potential is Germany with an import gap of $927k.

See methodology.

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