2023
Exports
$1.33BWorld Rnk 24 / 198
Flag Rnk 43 / 96
2023
PRODUCT COMPLEXITY IN Ships, boats, & floating structures
0.24Rnk 483 / 1025
2023
Imports
$511MWorld Rnk 42 / 224
Flag Rnk 65 / 96
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $1.33B in Ships, boats, & floating structures, making it the 24th largest exporter of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 43rd most exported product in Belgium. The main destination of Ships, boats, & floating structures exports from Belgium are: Norway ($1.1B), Malta ($42.4M), France ($42M), Netherlands ($23.5M), and Germany ($14.8M).

The fastest growing export markets for Ships, boats, & floating structures of Belgium between 2022 and 2023 were Norway ($1.1B), Malta ($41.4M), and Zambia ($9.66M).

Imports In 2023, Belgium imported $511M in Ships, boats, & floating structures, becoming the 42nd largest importer of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 65th most imported product in Belgium. Belgium imports Ships, boats, & floating structures primarily from: South Korea ($280M), China ($59.6M), Cote d'Ivoire ($54.3M), Netherlands ($32.4M), and Germany ($29M).

The fastest growing import markets in Ships, boats, & floating structures for Belgium between 2022 and 2023 were South Korea ($74.8M), Cote d'Ivoire ($54.3M), and Germany ($17M).

COMPANIES In 2023, leading companies such as Dow Chemical (1) were at the forefront of shipping Ships, boats, & floating structures from Belgium to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€863k(80.8%)
IMPORT GROWTH (November 2023 - November 2024)€-2.52M(-29.8%)
MAIN DESTINATION (November 2024)Republic of the Congo€921k

This section shows Ships, boats, & floating structures'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 Ships, boats, & floating structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.33B
IMPORTS (2023)$511M
NET TRADE (2023)$815M

In 2023, Belgium exported $1.33B in Ships, boats, & floating structures. The main destinations of Belgium exports on Ships, boats, & floating structures were Norway ($1.1B), Malta ($42.4M), France ($42M), Netherlands ($23.5M), and Germany ($14.8M).

In 2023, Belgium imported $511M in Ships, boats, & floating structures, mainly from South Korea ($280M), China ($59.6M), Cote d'Ivoire ($54.3M), Netherlands ($32.4M), and Germany ($29M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ships, boats, & floating structures EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Norway$1.1B (1.15M%)
Malta$41.4M (4.18k%)
Zambia$9.66M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ships, boats, & floating structures BY Belgium WERE (2022 - 2023):
Israel-$73.4M (-99.6%)
Indonesia-$18.6M (-99.7%)
Nigeria-$10.3M (-97.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Ships, boats, & floating structures were:
China $24.2B
Japan $10.2B
Italy $5.81B
In 2023, Belgium's main importing competitors in Ships, boats, & floating structures were:

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Trade Value of Ships, boats, & floating structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $13M
TOP IMPORT POTENTIALFrance+ $23.1M

Ships, boats, & floating structures’s highest export potential is France. With an export gap of $13M.   Ships, boats, & floating structures’s highest import potential is France with an import gap of $23.1M.

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