2022
Exports | Imports
$43.4M | $47.7MWorld Rnk 21 / 123
Flag Rnk 583 / 1213
World Rnk 24 / 193
Flag Rnk 668 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.28Rnk 17 / 124
2022
PRODUCT COMPLEXITY IN Steel Wire
0.86Rnk 217 / 1025

About

Exports In 2022, Belgium exported $43.4M in Steel Wire, making it the 21st largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 583rd most exported product in Belgium. The main destination of Steel Wire exports from Belgium are: Germany ($10.2M), France ($9.29M), United States ($4.94M), Italy ($3.17M), and Costa Rica ($2.64M).

The fastest growing export markets for Steel Wire of Belgium between 2021 and 2022 were France ($7.34M), Germany ($2.44M), and Italy ($1.73M).

Imports In 2022, Belgium imported $47.7M in Steel Wire, becoming the 24th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 668th most imported product in Belgium. Belgium imports Steel Wire primarily from: Netherlands ($24.2M), South Korea ($7.27M), Turkey ($4.45M), China ($2.94M), and Czechia ($2.42M).

The fastest growing import markets in Steel Wire for Belgium between 2021 and 2022 were Netherlands ($11.3M), South Korea ($5.59M), and Canada ($435k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Steel Wire from Belgium to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)€327k(12.1%)
IMPORT GROWTH (December 2022 - December 2023)€-6.24k(-0.93%)
MAIN DESTINATION (December 2023)Italy€779k

This section shows Steel Wire'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 Steel Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.4M
IMPORTS (2022)$47.7M
NET TRADE (2022)-$4.27M

In 2022, Belgium exported $43.4M in Steel Wire. The main destinations of Belgium exports on Steel Wire were Germany ($10.2M), France ($9.29M), United States ($4.94M), Italy ($3.17M), and Costa Rica ($2.64M).

In 2022, Belgium imported $47.7M in Steel Wire, mainly from Netherlands ($24.2M), South Korea ($7.27M), Turkey ($4.45M), China ($2.94M), and Czechia ($2.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$7.34M (376%)
Germany$2.44M (31.5%)
Italy$1.73M (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Belgium WERE (2021 - 2022):
Hungary-$911k (-96.7%)
Mexico-$529k (-92%)
Turkey-$302k (-33.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Steel Wire were:
In 2022, Belgium's main importing competitors in Steel Wire were:

Explore Visualizations

Trade Value of Steel Wire by Exporters

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