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2022
Exports $51.4MWorld Rnk 30 / 183
Flag Rnk 553 / 1213
2022
Destination $3.51M France
2021 - 2022
FASTEST GROWING MARKET $3.51MItaly
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances0.48Rnk 372 / 1025
2022
Imports $187MWorld Rnk 21 / 221
Flag Rnk 367 / 1214
2022
Origin $11.3M China
2021 - 2022
FASTEST GROWING ORIGIN $11.3MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $51.4M in Therapeutic Appliances, making it the 30th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 553rd most exported product in Belgium. The main destination of Therapeutic Appliances exports from Belgium are: France ($22.8M), Netherlands ($4.93M), Italy ($4.29M), Spain ($2.34M), and Poland ($2.11M).

The fastest growing export markets for Therapeutic Appliances of Belgium between 2021 and 2022 were Italy ($3.51M), Netherlands ($1.81M), and China ($1.8M).

Imports In 2022, Belgium imported $187M in Therapeutic Appliances, becoming the 21st largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 367th most imported product in Belgium. Belgium imports Therapeutic Appliances primarily from: China ($42.9M), France ($33.3M), Netherlands ($33M), United States ($32.7M), and Germany ($13.7M).

The fastest growing import markets in Therapeutic Appliances for Belgium between 2021 and 2022 were France ($11.3M), United States ($9.47M), and Mexico ($2.74M).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Therapeutic Appliances exports accounted up to €3.24M and imports accounted up to €13.1M, resulting in a negative trade balance of €9.82M. Between July 2023 and July 2024 the exports of Belgium's   Therapeutic Appliances have increased by €466k (16.8%) from €2.78M to €3.24M, while imports increased by €5.76M (78.9%) from €7.3M to €13.1M.

Destinations In July 2024, Therapeutic Appliances were exported mostly to France (€1.04M), Slovakia (€211k), Spain (€189k), United Arab Emirates (€179k), and Poland (€177k), and were imported mostly from France (€5.28M), Netherlands (€1.98M), Mexico (€1.5M), United States (€1.49M), and Germany (€913k).

Growth In July 2024, the increase in Therapeutic Appliances's year-by-year exports was explained primarily by an increase in exports to Italy (€695k or 1.26k%), France (€196k or 17.5%), and Croatia (€88.2k or 309%). In July 2024, the increase in Therapeutic Appliances's year-by-year imports was explained primarily by an increase in imports from Netherlands (€473k or 27.3%), Canada (€119k or 945%), and Israel (€60.1k or 113%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€466k(16.8%)
IMPORT GROWTH (July 2023 - July 2024)€5.76M(78.9%)
MAIN DESTINATION (July 2024)France€1.04M

This section shows Therapeutic Appliances'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 Therapeutic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51.4M
IMPORTS (2022)$187M
NET TRADE (2022)-$136M

In 2022, Belgium exported $51.4M in Therapeutic Appliances. The main destinations of Belgium exports on Therapeutic Appliances were France ($22.8M), Netherlands ($4.93M), Italy ($4.29M), Spain ($2.34M), and Poland ($2.11M).

In 2022, Belgium imported $187M in Therapeutic Appliances, mainly from China ($42.9M), France ($33.3M), Netherlands ($33M), United States ($32.7M), and Germany ($13.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$3.51M (453%)
Netherlands$1.81M (58.2%)
China$1.8M (2.61k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Belgium WERE (2021 - 2022):
Moldova-$1.66M (-98.9%)
Senegal-$608k (-97.3%)
Ukraine-$594k (-95%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Therapeutic Appliances were:
China $7.26B
United States $1.93B
Singapore $1.49B
In 2022, Belgium's main importing competitors in Therapeutic Appliances were:
United States $5.9B
Germany $1.31B
Netherlands $1.2B

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $8.11M
TOP IMPORT POTENTIALGermany+ $12.6M

Therapeutic Appliances’s highest export potential is France. With an export gap of $8.11M.   Therapeutic Appliances’s highest import potential is Germany with an import gap of $12.6M.

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