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2023
Exports $29.1MWorld Rnk 6 / 123
Flag Rnk 684 / 1216
2023
Destination $8.19M Malaysia
2022 - 2023
FASTEST GROWING MARKET $8.19MMalaysia
2023
PRODUCT COMPLEXITY IN Scrap Waste-0.5Rnk 705 / 1025
2023
Imports $65.1MWorld Rnk 4 / 105
Flag Rnk 560 / 1213
2023
Origin $1.98M France
2022 - 2023
FASTEST GROWING ORIGIN $1.98MGermany
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $29.1M in Scrap Waste, making it the 6th largest exporter of Scrap Waste in the world. At the same year, Scrap Waste was the 684th most exported product in Belgium. The main destination of Scrap Waste exports from Belgium are: Malaysia ($19.5M), Netherlands ($3.82M), France ($1.67M), Poland ($1.25M), and Spain ($553k).

The fastest growing export markets for Scrap Waste of Belgium between 2022 and 2023 were Malaysia ($8.19M), Germany ($457k), and South Korea ($89.2k).

Imports In 2023, Belgium imported $65.1M in Scrap Waste, becoming the 4th largest importer of Scrap Waste in the world. At the same year, Scrap Waste was the 560th most imported product in Belgium. Belgium imports Scrap Waste primarily from: France ($24.6M), Netherlands ($7.98M), Germany ($6.98M), Italy ($5.3M), and United States ($3.5M).

The fastest growing import markets in Scrap Waste for Belgium between 2022 and 2023 were Germany ($1.98M), United States ($1.18M), and Romania ($836k).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Scrap Waste exports accounted up to €1.54M and imports accounted up to €3.72M, resulting in a negative trade balance of €2.18M. Between November 2023 and November 2024 the exports of Belgium's   Scrap Waste have increased by €450k (41.4%) from €1.09M to €1.54M, while imports increased by €669k (21.9%) from €3.05M to €3.72M.

Destinations In November 2024, Scrap Waste were exported mostly to India (€354k), France (€339k), Netherlands (€262k), Malaysia (€194k), and Italy (€142k), and were imported mostly from France (€1.55M), United States (€449k), Germany (€364k), Netherlands (€304k), and United Kingdom (€255k).

Growth In November 2024, the increase in Scrap Waste's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Scrap Waste's year-by-year imports was explained primarily by an increase in imports from Thailand (€252k or 265%), Italy (€183k or 1.52k%), and Czechia (€180k or 260%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€450k(41.4%)
IMPORT GROWTH (November 2023 - November 2024)€669k(21.9%)
MAIN DESTINATION (November 2024)India€354k

This section shows Scrap Waste'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 Scrap Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$29.1M
IMPORTS (2023)$65.1M
NET TRADE (2023)-$36M

In 2023, Belgium exported $29.1M in Scrap Waste. The main destinations of Belgium exports on Scrap Waste were Malaysia ($19.5M), Netherlands ($3.82M), France ($1.67M), Poland ($1.25M), and Spain ($553k).

In 2023, Belgium imported $65.1M in Scrap Waste, mainly from France ($24.6M), Netherlands ($7.98M), Germany ($6.98M), Italy ($5.3M), and United States ($3.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Waste EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Malaysia$8.19M (72.3%)
Germany$457k (1.36k%)
South Korea$89.2k (1.12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Waste BY Belgium WERE (2022 - 2023):
Italy-$9.09M (-99.5%)
Netherlands-$2.58M (-40.4%)
Sri Lanka-$1.84M (-94.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Scrap Waste were:
France $91.4M
Germany $86.7M
United States $62.2M
In 2023, Belgium's main importing competitors in Scrap Waste were:
India $154M
Italy $109M
Malaysia $75.7M

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Trade Value of Scrap Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.23M
TOP IMPORT POTENTIALGermany+ $3.29M

Scrap Waste’s highest export potential is France. With an export gap of $1.23M.   Scrap Waste’s highest import potential is Germany with an import gap of $3.29M.

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