2023
Exports
$6.5MWorld Rnk 17 / 59
Flag Rnk 926 / 1216
2023
PRODUCT COMPLEXITY IN Railway Passenger Cars
0.3Rnk 456 / 1025
2023
Imports
$1.31MWorld Rnk 37 / 100
Flag Rnk 1121 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $6.5M in Railway Passenger Cars, making it the 17th largest exporter of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 926th most exported product in Belgium. The main destination of Railway Passenger Cars exports from Belgium are: Spain ($5.81M), Luxembourg ($623k), France ($28.8k), Germany ($14.9k), and Netherlands ($7.19k).

The fastest growing export markets for Railway Passenger Cars of Belgium between 2022 and 2023 were Spain ($3M), Luxembourg ($475k), and Germany ($14.9k).

Imports In 2023, Belgium imported $1.31M in Railway Passenger Cars, becoming the 37th largest importer of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 1121st most imported product in Belgium. Belgium imports Railway Passenger Cars primarily from: Denmark ($806k), Netherlands ($195k), Germany ($183k), Luxembourg ($105k), and France ($10.2k).

The fastest growing import markets in Railway Passenger Cars for Belgium between 2022 and 2023 were Netherlands ($88.3k), Germany ($37.2k), and France ($9.5k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2021 - October 2024)€350k(496%)
IMPORT GROWTH (April 2023 - October 2024)€-63.6k(-31.3%)
MAIN DESTINATION (October 2024)

This section shows Railway Passenger 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 Passenger Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.5M
IMPORTS (2023)$1.31M
NET TRADE (2023)$5.19M

In 2023, Belgium exported $6.5M in Railway Passenger Cars. The main destinations of Belgium exports on Railway Passenger Cars were Spain ($5.81M), Luxembourg ($623k), France ($28.8k), Germany ($14.9k), and Netherlands ($7.19k).

In 2023, Belgium imported $1.31M in Railway Passenger Cars, mainly from Denmark ($806k), Netherlands ($195k), Germany ($183k), Luxembourg ($105k), and France ($10.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Passenger Cars EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Spain$3M (107%)
Luxembourg$475k (320%)
Germany$14.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Passenger Cars BY Belgium WERE (2022 - 2023):
France-$71.4k (-71.3%)
Italy-$2.74k (-100%)
Burkina Faso-$2.33k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Railway Passenger Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $132k
TOP IMPORT POTENTIALGermany+ $241k

Railway Passenger Cars’s highest export potential is France. With an export gap of $132k.   Railway Passenger Cars’s highest import potential is Germany with an import gap of $241k.

See methodology.

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