Tractors in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $2.99B in Tractors, making it the 6th largest exporter of Tractors in the world. At the same year, Tractors was the 20th most exported product in Belgium. The main destination of Tractors exports from Belgium are: France ($462M), Poland ($304M), Spain ($232M), Netherlands ($220M), and Germany ($214M).

The fastest growing export markets for Tractors of Belgium between 2021 and 2022 were France ($85.9M), Turkey ($47.1M), and Lithuania ($24.9M).

Imports In 2022, Belgium imported $1.41B in Tractors, becoming the 12th largest importer of Tractors in the world. At the same year, Tractors was the 55th most imported product in Belgium. Belgium imports Tractors primarily from: Netherlands ($476M), United Kingdom ($242M), Germany ($215M), France ($163M), and United States ($92.7M).

The fastest growing import markets in Tractors for Belgium between 2021 and 2022 were United Kingdom ($151M), Netherlands ($122M), and Germany ($25.7M).

COMPANIES In 2023, leading companies such as BARRY CALLEBAUT USA, LLC (324), CLAAS OF AMERICA INC (8), and JOHN DEERE COMMERCIAL PRODUCTS (6) were at the forefront of shipping Tractors from Belgium to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Belgium's Tractors exports accounted up to €250M and imports accounted up to €61.8M, resulting in a positive trade balance of €188M. Between January 2023 and January 2024 the exports of Belgium's Tractors have decreased by €-40.2M (-13.9%) from €290M to €250M, while imports decreased by €-32.8M (-34.7%) from €94.6M to €61.8M.

Destinations In January 2024, Tractors were exported mostly to France (€31.4M), United Kingdom (€30.8M), Spain (€29.4M), Germany (€25.2M), and Netherlands (€20.5M), and were imported mostly from Netherlands (€17.9M), United Kingdom (€11.5M), Germany (€11.3M), France (€7.63M), and Turkey (€5.81M).

Growth In January 2024, the decrease in Tractors's year-by-year exports was explained primarily by a decrease in exports to Bulgaria (€-2.54M or -27.9%), Austria (€-1.68M or -21%), and Cameroon (€-1.64M or -92.7%). In January 2024, the decrease in Tractors's year-by-year imports was explained primarily by a decrease in imports from South Korea (€-952k or -76.3%), Japan (€-370k or -81.8%), and Bulgaria (€-270k or -33.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-40.2M(-13.9%)

IMPORT GROWTH (January 2023 - January 2024)€-32.8M(-34.7%)

MAIN DESTINATION (January 2024)France€31.4M

This section shows Tractors'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 Tractors over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.99B

IMPORTS (2022)$1.41B

NET TRADE (2022)$1.58B

In 2022, Belgium exported $2.99B in Tractors. The main destinations of Belgium exports on Tractors were France ($462M), Poland ($304M), Spain ($232M), Netherlands ($220M), and Germany ($214M).

In 2022, Belgium imported $1.41B in Tractors, mainly from Netherlands ($476M), United Kingdom ($242M), Germany ($215M), France ($163M), and United States ($92.7M).

Explore Visualizations