2022
Exports
$697MWorld Rnk 28 / 224
Flag Rnk 107 / 1213
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$1.52BWorld Rnk 20 / 224
Flag Rnk 47 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $697M in Valves, making it the 28th largest exporter of Valves in the world. At the same year, Valves was the 107th most exported product in Belgium. The main destination of Valves exports from Belgium are: France ($112M), Germany ($90.6M), Netherlands ($83.8M), China ($39M), and Italy ($35.2M).

The fastest growing export markets for Valves of Belgium between 2021 and 2022 were United States ($2.48M), Egypt ($1.55M), and Brazil ($1.45M).

Imports In 2022, Belgium imported $1.52B in Valves, becoming the 20th largest importer of Valves in the world. At the same year, Valves was the 47th most imported product in Belgium. Belgium imports Valves primarily from: Germany ($431M), Italy ($165M), China ($156M), United States ($127M), and France ($124M).

The fastest growing import markets in Valves for Belgium between 2021 and 2022 were United States ($25.2M), China ($21.3M), and Chinese Taipei ($8.56M).

COMPANIES In 2023, leading companies such as John Deere (88), Dana Incorporated (62), and Rolls-Royce (9) were at the forefront of shipping Valves from Belgium to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€20.6M(44.3%)
IMPORT GROWTH (August 2023 - August 2024)€-2.07M(-2.93%)
MAIN DESTINATION (August 2024)Italy€7.97M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$697M
IMPORTS (2022)$1.52B
NET TRADE (2022)-$821M

In 2022, Belgium exported $697M in Valves. The main destinations of Belgium exports on Valves were France ($112M), Germany ($90.6M), Netherlands ($83.8M), China ($39M), and Italy ($35.2M).

In 2022, Belgium imported $1.52B in Valves, mainly from Germany ($431M), Italy ($165M), China ($156M), United States ($127M), and France ($124M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United States$2.48M (8.46%)
Egypt$1.55M (66.6%)
Brazil$1.45M (23.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Belgium WERE (2021 - 2022):
Germany-$24.4M (-21.2%)
United Kingdom-$24M (-71.9%)
Mexico-$15.1M (-43.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Valves were:
In 2022, Belgium's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $91.5M
TOP IMPORT POTENTIALGermany+ $197M

Valves’s highest export potential is Germany. With an export gap of $91.5M.   Valves’s highest import potential is Germany with an import gap of $197M.

See methodology.

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