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2022
Exports $179MWorld Rnk 22 / 194
Flag Rnk 327 / 1213
2022
Destination $7.97M France
2021 - 2022
FASTEST GROWING MARKET $7.97MNetherlands
2022
PRODUCT COMPLEXITY IN Stone Processing Machines0.41Rnk 405 / 1025
2022
Imports $241MWorld Rnk 24 / 223
Flag Rnk 322 / 1214
2022
Origin $12.3M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $12.3MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $179M in Stone Processing Machines, making it the 22nd largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 327th most exported product in Belgium. The main destination of Stone Processing Machines exports from Belgium are: France ($28.3M), Netherlands ($20.3M), Germany ($17M), India ($11.2M), and United Kingdom ($9.08M).

The fastest growing export markets for Stone Processing Machines of Belgium between 2021 and 2022 were Netherlands ($7.97M), India ($4.55M), and France ($2.77M).

Imports In 2022, Belgium imported $241M in Stone Processing Machines, becoming the 24th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 322nd most imported product in Belgium. Belgium imports Stone Processing Machines primarily from: Netherlands ($62.4M), Germany ($50.4M), Czechia ($20.7M), France ($19.5M), and Italy ($14.8M).

The fastest growing import markets in Stone Processing Machines for Belgium between 2021 and 2022 were Netherlands ($12.3M), Austria ($3.19M), and Finland ($2.25M).

COMPANIES In 2023, leading companies such as Dow Chemical (7), Volvo (2), and Continental Tire (1) were at the forefront of shipping Stone Processing Machines from Belgium to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Stone Processing Machines exports accounted up to €5.76M and imports accounted up to €9.02M, resulting in a negative trade balance of €3.26M. Between August 2023 and August 2024 the exports of Belgium's   Stone Processing Machines have decreased by €-6.16M (-51.7%) from €11.9M to €5.76M, while imports decreased by €-3.07M (-25.4%) from €12.1M to €9.02M.

Destinations In August 2024, Stone Processing Machines were exported mostly to Germany (€1.22M), France (€957k), Netherlands (€609k), Estonia (€388k), and South Korea (€286k), and were imported mostly from Netherlands (€2.12M), Germany (€1.58M), France (€725k), Guyana (€623k), and India (€612k).

Growth In August 2024, the decrease in Stone Processing Machines's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-1.56M or -80.8%), New Zealand (€-632k or -99.9%), and United Kingdom (€-428k or -42.5%). In August 2024, the decrease in Stone Processing Machines's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-974k or -64.9%), Italy (€-837k or -72.9%), and Austria (€-766k or -87.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-6.16M(-51.7%)
IMPORT GROWTH (August 2023 - August 2024)€-3.07M(-25.4%)
MAIN DESTINATION (August 2024)Germany€1.22M

This section shows Stone Processing Machines'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 Stone Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$179M
IMPORTS (2022)$241M
NET TRADE (2022)-$61.6M

In 2022, Belgium exported $179M in Stone Processing Machines. The main destinations of Belgium exports on Stone Processing Machines were France ($28.3M), Netherlands ($20.3M), Germany ($17M), India ($11.2M), and United Kingdom ($9.08M).

In 2022, Belgium imported $241M in Stone Processing Machines, mainly from Netherlands ($62.4M), Germany ($50.4M), Czechia ($20.7M), France ($19.5M), and Italy ($14.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$7.97M (64.7%)
India$4.55M (68.1%)
France$2.77M (10.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Belgium WERE (2021 - 2022):
China-$5.97M (-87.2%)
South Korea-$3.82M (-53%)
Ireland-$3.8M (-68.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Belgium's main importing competitors in Stone Processing Machines were:
United States $2.34B
Germany $840M
Canada $831M

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.7M
TOP IMPORT POTENTIALGermany+ $25.5M

Stone Processing Machines’s highest export potential is Germany. With an export gap of $14.7M.   Stone Processing Machines’s highest import potential is Germany with an import gap of $25.5M.

See methodology.

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