2022
Exports
$68.6MWorld Rnk 12 / 130
Flag Rnk 517 / 1213
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$49.2MWorld Rnk 17 / 214
Flag Rnk 663 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $68.6M in Refractory Cements, making it the 12th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 517th most exported product in Belgium. The main destination of Refractory Cements exports from Belgium are: Czechia ($25.8M), Poland ($18.8M), France ($10.6M), Germany ($3.87M), and Brazil ($972k).

The fastest growing export markets for Refractory Cements of Belgium between 2021 and 2022 were Poland ($16M), Czechia ($13M), and Ireland ($384k).

Imports In 2022, Belgium imported $49.2M in Refractory Cements, becoming the 17th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 663rd most imported product in Belgium. Belgium imports Refractory Cements primarily from: France ($14.6M), Germany ($12.9M), United States ($7.2M), Netherlands ($5.2M), and Austria ($2.17M).

The fastest growing import markets in Refractory Cements for Belgium between 2021 and 2022 were France ($1.66M), United States ($836k), and Austria ($733k).

COMPANIES In 2023, leading companies such as RHI Magnesita (26) were at the forefront of shipping Refractory Cements from Belgium to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-3.95M(-61.4%)
IMPORT GROWTH (May 2023 - May 2024)€-3.47M(-94.4%)
MAIN DESTINATION (May 2024)Czechia€2.41M

This section shows Refractory Cements'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 Refractory Cements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$68.6M
IMPORTS (2022)$49.2M
NET TRADE (2022)$19.4M

In 2022, Belgium exported $68.6M in Refractory Cements. The main destinations of Belgium exports on Refractory Cements were Czechia ($25.8M), Poland ($18.8M), France ($10.6M), Germany ($3.87M), and Brazil ($972k).

In 2022, Belgium imported $49.2M in Refractory Cements, mainly from France ($14.6M), Germany ($12.9M), United States ($7.2M), Netherlands ($5.2M), and Austria ($2.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Poland$16M (566%)
Czechia$13M (101%)
Ireland$384k (461%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Belgium WERE (2021 - 2022):
Germany-$5.79M (-60%)
France-$1.33M (-11.2%)
Japan-$1.1M (-73.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Refractory Cements were:
In 2022, Belgium's main importing competitors in Refractory Cements were:

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.53M
TOP IMPORT POTENTIALGermany+ $5.1M

Refractory Cements’s highest export potential is Germany. With an export gap of $3.53M.   Refractory Cements’s highest import potential is Germany with an import gap of $5.1M.

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