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2022
Exports $131MWorld Rnk 10 / 142
Flag Rnk 391 / 1213
2022
Destination $12M Germany
2021 - 2022
FASTEST GROWING MARKET $12MNetherlands
2022
PRODUCT COMPLEXITY IN Tool Plates1.66Rnk 31 / 1025
2022
Imports $178MWorld Rnk 8 / 188
Flag Rnk 374 / 1214
2022
Origin $4.74M Israel
2021 - 2022
FASTEST GROWING ORIGIN $4.74MJapan
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $131M in Tool Plates, making it the 10th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 391st most exported product in Belgium. The main destination of Tool Plates exports from Belgium are: Germany ($32.8M), Netherlands ($21.6M), France ($14M), Sweden ($9.72M), and India ($7.96M).

The fastest growing export markets for Tool Plates of Belgium between 2021 and 2022 were Netherlands ($12M), India ($3.8M), and Brazil ($1.53M).

Imports In 2022, Belgium imported $178M in Tool Plates, becoming the 8th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 374th most imported product in Belgium. Belgium imports Tool Plates primarily from: Israel ($74.8M), Japan ($28.3M), South Korea ($22.5M), India ($22.3M), and Germany ($9.39M).

The fastest growing import markets in Tool Plates for Belgium between 2021 and 2022 were Japan ($4.74M), Netherlands ($2.36M), and Bulgaria ($12.7k).

Latest Trends

September 2024

About

Overview In September 2024 Belgium's Tool Plates exports accounted up to €1.52M and imports accounted up to €965k, resulting in a positive trade balance of €554k. Between September 2023 and September 2024 the exports of Belgium's   Tool Plates have increased by €514k (51.2%) from €1M to €1.52M, while imports decreased by €-1.43M (-59.7%) from €2.39M to €965k.

Destinations In September 2024, Tool Plates were exported mostly to United Kingdom (€807k), India (€162k), United Arab Emirates (€131k), Saudi Arabia (€131k), and Argentina (€94.8k), and were imported mostly from Germany (€406k), Israel (€257k), Japan (€124k), Austria (€46.1k), and Italy (€27.4k).

Growth In September 2024, the increase in Tool Plates's year-by-year exports was explained primarily by an increase in exports to Brazil (€622k or 146%), Luxembourg (€46.8k or 90.9%), and Tunisia (€16.1k or 305%). In September 2024, the decrease in Tool Plates's year-by-year imports was explained primarily by a decrease in imports from Sweden (€-4.63M or -100%), France (€-254k or -81.8%), and Italy (€-177k or -93%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€514k(51.2%)
IMPORT GROWTH (September 2023 - September 2024)€-1.43M(-59.7%)
MAIN DESTINATION (September 2024)United Kingdom€807k

This section shows Tool Plates'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 Tool Plates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$131M
IMPORTS (2022)$178M
NET TRADE (2022)-$46.6M

In 2022, Belgium exported $131M in Tool Plates. The main destinations of Belgium exports on Tool Plates were Germany ($32.8M), Netherlands ($21.6M), France ($14M), Sweden ($9.72M), and India ($7.96M).

In 2022, Belgium imported $178M in Tool Plates, mainly from Israel ($74.8M), Japan ($28.3M), South Korea ($22.5M), India ($22.3M), and Germany ($9.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$12M (125%)
India$3.8M (91.4%)
Brazil$1.53M (35.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Belgium WERE (2021 - 2022):
Italy-$68M (-93.5%)
United States-$46.1M (-89.7%)
Germany-$33.3M (-50.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Belgium's main importing competitors in Tool Plates were:
United States $879M
Netherlands $780M
Germany $615M

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $16.3M
TOP IMPORT POTENTIALGermany+ $9.02M

Tool Plates’s highest export potential is Germany. With an export gap of $16.3M.   Tool Plates’s highest import potential is Germany with an import gap of $9.02M.

See methodology.

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