2023
Exports
$10.1MWorld Rnk 27 / 129
Flag Rnk 858 / 1216
2023
PRODUCT COMPLEXITY IN Vending Machines
0.74Rnk 269 / 1025
2023
Imports
$33.9MWorld Rnk 15 / 196
Flag Rnk 692 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $10.1M in Vending Machines, making it the 27th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 858th most exported product in Belgium. The main destination of Vending Machines exports from Belgium are: Netherlands ($4.18M), France ($2.18M), Romania ($738k), Germany ($491k), and Chile ($416k).

The fastest growing export markets for Vending Machines of Belgium between 2022 and 2023 were Netherlands ($1.23M), Romania ($677k), and Chile ($190k).

Imports In 2023, Belgium imported $33.9M in Vending Machines, becoming the 15th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 692nd most imported product in Belgium. Belgium imports Vending Machines primarily from: Italy ($10.5M), Netherlands ($5.32M), Germany ($5.26M), France ($2.83M), and Austria ($1.86M).

The fastest growing import markets in Vending Machines for Belgium between 2022 and 2023 were Germany ($2.05M), Italy ($1.73M), and Austria ($1.1M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (4) were at the forefront of shipping Vending Machines from Belgium to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€12.7k(5.15%)
IMPORT GROWTH (November 2023 - November 2024)€-390k(-22.2%)
MAIN DESTINATION (November 2024)United Kingdom€65.3k

This section shows Vending Machines'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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$10.1M
IMPORTS (2023)$33.9M
NET TRADE (2023)-$23.8M

In 2023, Belgium exported $10.1M in Vending Machines. The main destinations of Belgium exports on Vending Machines were Netherlands ($4.18M), France ($2.18M), Romania ($738k), Germany ($491k), and Chile ($416k).

In 2023, Belgium imported $33.9M in Vending Machines, mainly from Italy ($10.5M), Netherlands ($5.32M), Germany ($5.26M), France ($2.83M), and Austria ($1.86M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Netherlands$1.23M (41.5%)
Romania$677k (1.1k%)
Chile$190k (84%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Belgium WERE (2022 - 2023):
Germany-$375k (-43.3%)
India-$254k (-99.6%)
France-$203k (-8.54%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Vending Machines were:
In 2023, Belgium's main importing competitors in Vending Machines were:

Explore Visualizations

Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.03M
TOP IMPORT POTENTIALGermany+ $2.13M

Vending Machines’s highest export potential is France. With an export gap of $1.03M.   Vending Machines’s highest import potential is Germany with an import gap of $2.13M.

See methodology.

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