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2022
Exports $64kWorld Rnk 31 / 59
Flag Rnk 1190 / 1213
2022
Destination $39.9k Netherlands
2021 - 2022
FASTEST GROWING MARKET $39.9kNetherlands
2022
PRODUCT COMPLEXITY IN Self-Propelled Rail Transport1.48Rnk 58 / 1025
2022
Imports $96.5MWorld Rnk 22 / 102
Flag Rnk 523 / 1214
2022
Origin $55.1MN/A
2021 - 2022
FASTEST GROWING ORIGIN $55.1MSpain
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $64k in Self-Propelled Rail Transport, making it the 31st largest exporter of Self-Propelled Rail Transport in the world. At the same year, Self-Propelled Rail Transport was the 1190th most exported product in Belgium. The main destination of Self-Propelled Rail Transport exports from Belgium are: Netherlands ($39.9k), United Kingdom ($21.6k), France ($1.37k), Cote d'Ivoire ($1.06k), and Republic of the Congo ($42).

The fastest growing export markets for Self-Propelled Rail Transport of Belgium between 2021 and 2022 were Netherlands ($39.9k), United Kingdom ($21.6k), and Cote d'Ivoire ($1.06k).

Imports In 2022, Belgium imported $96.5M in Self-Propelled Rail Transport, becoming the 22nd largest importer of Self-Propelled Rail Transport in the world. At the same year, Self-Propelled Rail Transport was the 523rd most imported product in Belgium. Belgium imports Self-Propelled Rail Transport primarily from: N/A.

The fastest growing import markets in Self-Propelled Rail Transport for Belgium between 2021 and 2022 were Spain ($55.1M), China ($11.5M), and Austria ($2.76M).

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Self-Propelled Rail Transport exports accounted up to €1.44k and imports accounted up to €7.74k, resulting in a negative trade balance of €6.3k. Between October 2018 and December 2023 the exports of Belgium's   Self-Propelled Rail Transport have increased by €1.44k (47.9k%) from €3 to €1.44k, while imports decreased by €-8.51k (-52.4%) from €16.3k to €7.74k.

Destinations In December 2023, Self-Propelled Rail Transport were exported mostly to , and were imported mostly from Netherlands (€7.74k).

Growth In December 2023, the increase in Self-Propelled Rail Transport's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Self-Propelled Rail Transport's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2018 - December 2023)€1.44k(47.9k%)
IMPORT GROWTH (June 2022 - August 2024)€-8.51k(-52.4%)
MAIN DESTINATION (December 2023)

This section shows Self-Propelled Rail Transport'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 Self-Propelled Rail Transport over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64k
IMPORTS (2022)$96.5M
NET TRADE (2022)-$96.4M

In 2022, Belgium exported $64k in Self-Propelled Rail Transport. The main destinations of Belgium exports on Self-Propelled Rail Transport were Netherlands ($39.9k), United Kingdom ($21.6k), France ($1.37k), Cote d'Ivoire ($1.06k), and Republic of the Congo ($42).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Self-Propelled Rail Transport EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$39.9k (1%)
United Kingdom$21.6k (1%)
Cote d'Ivoire$1.06k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Self-Propelled Rail Transport BY Belgium WERE (2021 - 2022):
Madagascar-$128k (-100%)
Saudi Arabia-$22.5k (-100%)
China-$8.42k (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Self-Propelled Rail Transport were:
China $1.07B
South Korea $787M
Spain $674M
In 2022, Belgium's main importing competitors in Self-Propelled Rail Transport were:
Germany $574M
Chinese Taipei $503M
United Kingdom $363M

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Trade Value of Self-Propelled Rail Transport by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $39k
TOP IMPORT POTENTIALChina+ $3.05M

Self-Propelled Rail Transport’s highest export potential is Netherlands. With an export gap of $39k.   Self-Propelled Rail Transport’s highest import potential is China with an import gap of $3.05M.

See methodology.

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