2022
Exports
$378MWorld Rnk 26 / 213
Flag Rnk 182 / 1213
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
1.09Rnk 140 / 1025
2022
Imports
$978MWorld Rnk 32 / 221
Flag Rnk 91 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $378M in Semiconductor Devices, making it the 26th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 182nd most exported product in Belgium. The main destination of Semiconductor Devices exports from Belgium are: Netherlands ($124M), Italy ($39.3M), Germany ($37M), France ($28.7M), and Turkey ($15.4M).

The fastest growing export markets for Semiconductor Devices of Belgium between 2021 and 2022 were Netherlands ($39.8M), Italy ($19.7M), and Turkey ($7.11M).

Imports In 2022, Belgium imported $978M in Semiconductor Devices, becoming the 32nd largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 91st most imported product in Belgium. Belgium imports Semiconductor Devices primarily from: China ($461M), Netherlands ($261M), Germany ($114M), France ($28.1M), and Chinese Taipei ($13M).

The fastest growing import markets in Semiconductor Devices for Belgium between 2021 and 2022 were China ($245M), Netherlands ($90.7M), and Germany ($23.8M).

COMPANIES In 2023, leading companies such as Konecranes (7) were at the forefront of shipping Semiconductor Devices from Belgium to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-4.59M(-21.2%)
IMPORT GROWTH (August 2023 - August 2024)€-34.1M(-53.9%)
MAIN DESTINATION (August 2024)Netherlands€5.07M

This section shows Semiconductor Devices'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 Semiconductor Devices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$378M
IMPORTS (2022)$978M
NET TRADE (2022)-$600M

In 2022, Belgium exported $378M in Semiconductor Devices. The main destinations of Belgium exports on Semiconductor Devices were Netherlands ($124M), Italy ($39.3M), Germany ($37M), France ($28.7M), and Turkey ($15.4M).

In 2022, Belgium imported $978M in Semiconductor Devices, mainly from China ($461M), Netherlands ($261M), Germany ($114M), France ($28.1M), and Chinese Taipei ($13M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$39.8M (47%)
Italy$19.7M (101%)
Turkey$7.11M (85.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Belgium WERE (2021 - 2022):
Germany-$9.59M (-20.6%)
Philippines-$4.61M (-88.6%)
Russia-$3.51M (-84.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Semiconductor Devices were:
China $70.2B
Japan $9.88B
In 2022, Belgium's main importing competitors in Semiconductor Devices were:

Explore Visualizations

Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $42.4M
TOP IMPORT POTENTIALGermany+ $95.5M

Semiconductor Devices’s highest export potential is Germany. With an export gap of $42.4M.   Semiconductor Devices’s highest import potential is Germany with an import gap of $95.5M.

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