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2022
Exports $149MWorld Rnk 13 / 159
Flag Rnk 365 / 1213
2022
Destination $30.1M Kuwait
2021 - 2022
FASTEST GROWING MARKET $30.1MKuwait
2022
PRODUCT COMPLEXITY IN Special purpose motor vehicles0.29Rnk 457 / 1025
2022
Imports $284MWorld Rnk 12 / 220
Flag Rnk 295 / 1214
2022
Origin $28M Germany
2021 - 2022
FASTEST GROWING ORIGIN $28MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $149M in Special purpose motor vehicles, making it the 13th largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 365th most exported product in Belgium. The main destination of Special purpose motor vehicles exports from Belgium are: Kuwait ($30.1M), Netherlands ($27.4M), France ($18.1M), Germany ($8.4M), and Ghana ($6.02M).

The fastest growing export markets for Special purpose motor vehicles of Belgium between 2021 and 2022 were Kuwait ($30.1M), Netherlands ($5.11M), and Oman ($4.92M).

Imports In 2022, Belgium imported $284M in Special purpose motor vehicles, becoming the 12th largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 295th most imported product in Belgium. Belgium imports Special purpose motor vehicles primarily from: Germany ($79.9M), United States ($46M), France ($42.7M), Italy ($39.8M), and Netherlands ($27.8M).

The fastest growing import markets in Special purpose motor vehicles for Belgium between 2021 and 2022 were France ($28M), United States ($26.1M), and Hungary ($7.01M).

COMPANIES In 2023, leading companies such as Arhaus (1) and Toyota (1) were at the forefront of shipping Special purpose motor vehicles from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Special purpose motor vehicles exports accounted up to €801k and imports accounted up to €116k, resulting in a positive trade balance of €686k. Between May 2023 and May 2024 the exports of Belgium's   Special purpose motor vehicles have decreased by €-8.87M (-91.7%) from €9.67M to €801k, while imports decreased by €-17.7M (-99.3%) from €17.8M to €116k.

Destinations In May 2024, Special purpose motor vehicles were exported mostly to China (€494k), Cote d'Ivoire (€153k), Switzerland (€77.8k), United Arab Emirates (€32.7k), and Australia (€30k), and were imported mostly from China (€116k).

Growth In May 2024, the decrease in Special purpose motor vehicles's year-by-year exports was explained primarily by a decrease in exports to Egypt (€-301k or -99.4%), Cote d'Ivoire (€-60.2k or -76.2%), and Senegal (€-50.7k or -86.5%). In May 2024, the decrease in Special purpose motor vehicles's year-by-year imports was explained primarily by a decrease in imports from Sweden (€-1.69M or -94%), Italy (€-1.21M or -39.2%), and Denmark (€-465k or -51.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-8.87M(-91.7%)
IMPORT GROWTH (May 2023 - May 2024)€-17.7M(-99.3%)
MAIN DESTINATION (May 2024)China€494k

This section shows Special purpose motor vehicles'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 Special purpose motor vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$149M
IMPORTS (2022)$284M
NET TRADE (2022)-$135M

In 2022, Belgium exported $149M in Special purpose motor vehicles. The main destinations of Belgium exports on Special purpose motor vehicles were Kuwait ($30.1M), Netherlands ($27.4M), France ($18.1M), Germany ($8.4M), and Ghana ($6.02M).

In 2022, Belgium imported $284M in Special purpose motor vehicles, mainly from Germany ($79.9M), United States ($46M), France ($42.7M), Italy ($39.8M), and Netherlands ($27.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special purpose motor vehicles EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Kuwait$30.1M (103k%)
Netherlands$5.11M (22.9%)
Oman$4.92M (470%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special purpose motor vehicles BY Belgium WERE (2021 - 2022):
Australia-$3.2M (-64.6%)
Benin-$2.53M (-60.4%)
Poland-$2.46M (-49.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Special purpose motor vehicles were:
Germany $3.89B
China $2.11B
United States $1.52B
In 2022, Belgium's main importing competitors in Special purpose motor vehicles were:
United States $1.05B
Canada $892M
France $627M

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Trade Value of Special purpose motor vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.9M
TOP IMPORT POTENTIALGermany+ $38.6M

Special purpose motor vehicles’s highest export potential is Germany. With an export gap of $12.9M.   Special purpose motor vehicles’s highest import potential is Germany with an import gap of $38.6M.

See methodology.

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