2022
PRODUCT COMPLEXITY IN Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
0.68Rnk 282 / 1025
2022
Imports
falseWorld Rnk 8 / 205
Flag Rnk 289 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported N/A in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 2nd largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 74th most exported product in Belgium. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from Belgium are: Netherlands ($928M), United Kingdom ($59.5M), France ($9.38M), Hungary ($1.92M), and United States ($1.51M).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of Belgium between 2021 and 2022 were Netherlands ($81.5M), United Kingdom ($11.8M), and United States ($1.37M).

Imports In 2022, Belgium imported $287M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 8th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 289th most imported product in Belgium. Belgium imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: Sweden ($209M), France ($36M), Netherlands ($9.31M), Hungary ($8.92M), and Germany ($7.98M).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for Belgium between 2021 and 2022 were Sweden ($24.8M), Hungary ($4.47M), and Italy ($1.19M).

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-95.4M(-99.6%)
IMPORT GROWTH (May 2023 - May 2024)€-25.7M(-99%)
MAIN DESTINATION (May 2024)Czechia€204k

This section shows Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'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 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$287M

In N/A, Belgium exported N/A in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of Belgium exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Netherlands ($928M), United Kingdom ($59.5M), France ($9.38M), Hungary ($1.92M), and United States ($1.51M).

In 2022, Belgium imported $287M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from Sweden ($209M), France ($36M), Netherlands ($9.31M), Hungary ($8.92M), and Germany ($7.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$81.5M (9.63%)
United Kingdom$11.8M (24.7%)
United States$1.37M (975%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY Belgium WERE (2021 - 2022):
Italy-$612k (-57.9%)
Switzerland-$522k (-44.5%)
Czechia-$413k (-63%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:
In 2022, Belgium's main importing competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:

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Trade Value of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $16.4M
TOP IMPORT POTENTIALGermany+ $12.7M

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is France. With an export gap of $16.4M.   Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is Germany with an import gap of $12.7M.

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