2022
Exports
$65.2MWorld Rnk 32 / 187
Flag Rnk 523 / 1213
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$181MWorld Rnk 33 / 213
Flag Rnk 373 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $65.2M in Rubberworking Machinery, making it the 32nd largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 523rd most exported product in Belgium. The main destination of Rubberworking Machinery exports from Belgium are: Netherlands ($8.62M), France ($6.64M), Germany ($6.54M), India ($6M), and Luxembourg ($5.37M).

The fastest growing export markets for Rubberworking Machinery of Belgium between 2021 and 2022 were India ($2.97M), Poland ($2.2M), and Italy ($1.85M).

Imports In 2022, Belgium imported $181M in Rubberworking Machinery, becoming the 33rd largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 373rd most imported product in Belgium. Belgium imports Rubberworking Machinery primarily from: Germany ($75M), Italy ($18.1M), Netherlands ($15.5M), Austria ($15.4M), and China ($15.2M).

The fastest growing import markets in Rubberworking Machinery for Belgium between 2021 and 2022 were France ($3.98M), Chinese Taipei ($1.39M), and Canada ($1.28M).

COMPANIES In 2023, leading companies such as John Deere (4), Mahle Behr (2), and Goodyear Tire and Rubber (1) were at the forefront of shipping Rubberworking Machinery from Belgium to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-1.78M(-46.4%)
IMPORT GROWTH (August 2023 - August 2024)€-2.51M(-31.9%)
MAIN DESTINATION (August 2024)Netherlands€761k

This section shows Rubberworking Machinery'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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$65.2M
IMPORTS (2022)$181M
NET TRADE (2022)-$116M

In 2022, Belgium exported $65.2M in Rubberworking Machinery. The main destinations of Belgium exports on Rubberworking Machinery were Netherlands ($8.62M), France ($6.64M), Germany ($6.54M), India ($6M), and Luxembourg ($5.37M).

In 2022, Belgium imported $181M in Rubberworking Machinery, mainly from Germany ($75M), Italy ($18.1M), Netherlands ($15.5M), Austria ($15.4M), and China ($15.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
India$2.97M (98%)
Poland$2.2M (206%)
Italy$1.85M (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Belgium WERE (2021 - 2022):
Luxembourg-$12.4M (-69.8%)
Netherlands-$6.03M (-41.2%)
France-$4.72M (-41.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Belgium's main importing competitors in Rubberworking Machinery were:

Explore Visualizations

Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.56M
TOP IMPORT POTENTIALGermany+ $33.9M

Rubberworking Machinery’s highest export potential is Germany. With an export gap of $8.56M.   Rubberworking Machinery’s highest import potential is Germany with an import gap of $33.9M.

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