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2023
Exports $295MWorld Rnk 7 / 138
Flag Rnk 75 / 96
2023
Destination $16.9M Germany
2022 - 2023
FASTEST GROWING MARKET $16.9MSouth Korea
2023
PRODUCT COMPLEXITY IN Tin articles1.05Rnk 159 / 1025
2023
Imports $221MWorld Rnk 10 / 205
Flag Rnk 75 / 96
2023
Origin $26.7M Spain
2022 - 2023
FASTEST GROWING ORIGIN $26.7MSpain
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $295M in Tin articles, making it the 7th largest exporter of Tin articles in the world. At the same year, Tin articles was the 75th most exported product in Belgium. The main destination of Tin articles exports from Belgium are: Germany ($116M), France ($40.9M), South Korea ($19.3M), Japan ($18.6M), and Netherlands ($18M).

The fastest growing export markets for Tin articles of Belgium between 2022 and 2023 were South Korea ($16.9M), Japan ($6.95M), and Romania ($4.65M).

Imports In 2023, Belgium imported $221M in Tin articles, becoming the 10th largest importer of Tin articles in the world. At the same year, Tin articles was the 75th most imported product in Belgium. Belgium imports Tin articles primarily from: Spain ($94.1M), Indonesia ($21.5M), Germany ($17.4M), United States ($13.6M), and Thailand ($13.1M).

The fastest growing import markets in Tin articles for Belgium between 2022 and 2023 were Spain ($26.7M), Bolivia ($8.17M), and Australia ($2.96M).

COMPANIES In 2023, leading companies such as Toyota (2) were at the forefront of shipping Tin articles from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Tin articles exports accounted up to €18.1M and imports accounted up to €17.1M, resulting in a positive trade balance of €959k. Between November 2023 and November 2024 the exports of Belgium's   Tin articles have increased by €8.92M (97.5%) from €9.15M to €18.1M, while imports increased by €12.7M (287%) from €4.42M to €17.1M.

Destinations In November 2024, Tin articles were exported mostly to Germany (€7.84M), Japan (€2.51M), Netherlands (€2.46M), United States (€1.22M), and France (€1.05M), and were imported mostly from Spain (€8.14M), United States (€1.97M), Brazil (€1.51M), Indonesia (€1.39M), and Germany (€1.01M).

Growth In November 2024, the increase in Tin articles's year-by-year exports was explained primarily by an increase in exports to Mexico (€507k or 140k%), Romania (€160k or 1.59k%), and Brazil (€8.2k or 2.26k%). In November 2024, the increase in Tin articles's year-by-year imports was explained primarily by an increase in imports from Spain (€8.76M or 4.73k%), Indonesia (€692k or 162%), and Germany (€570k or 83.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€8.92M(97.5%)
IMPORT GROWTH (November 2023 - November 2024)€12.7M(287%)
MAIN DESTINATION (November 2024)Germany€7.84M

This section shows Tin articles'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 Tin articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$295M
IMPORTS (2023)$221M
NET TRADE (2023)$74.1M

In 2023, Belgium exported $295M in Tin articles. The main destinations of Belgium exports on Tin articles were Germany ($116M), France ($40.9M), South Korea ($19.3M), Japan ($18.6M), and Netherlands ($18M).

In 2023, Belgium imported $221M in Tin articles, mainly from Spain ($94.1M), Indonesia ($21.5M), Germany ($17.4M), United States ($13.6M), and Thailand ($13.1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tin articles EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
South Korea$16.9M (699%)
Japan$6.95M (59.7%)
Romania$4.65M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tin articles BY Belgium WERE (2022 - 2023):
Germany-$29.4M (-20.3%)
France-$23.4M (-36.4%)
Mexico-$15.8M (-96.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Tin articles were:
Indonesia $2.13B
Peru $681M
Malaysia $494M
In 2023, Belgium's main importing competitors in Tin articles were:
China $1.02B
United States $724M
Japan $521M

Explore Visualizations

Trade Value of Tin articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $13.8M
TOP IMPORT POTENTIALNetherlands+ $4.87M

Tin articles’s highest export potential is Netherlands. With an export gap of $13.8M.   Tin articles’s highest import potential is Netherlands with an import gap of $4.87M.

See methodology.

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