Cermet articles in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $328M in Cermet articles, making it the 14th largest exporter of Cermet articles in the world. At the same year, Cermet articles was the 74th most exported product in Belgium. The main destination of Cermet articles exports from Belgium are: Germany ($54.5M), France ($52M), United States ($29.6M), Japan ($18.1M), and Netherlands ($16M).

The fastest growing export markets for Cermet articles of Belgium between 2021 and 2022 were France ($11.6M), Hong Kong ($9.28M), and Finland ($8.52M).

Imports In 2022, Belgium imported $581M in Cermet articles, becoming the 12th largest importer of Cermet articles in the world. At the same year, Cermet articles was the 68th most imported product in Belgium. Belgium imports Cermet articles primarily from: Netherlands ($70.9M), United States ($67M), Canada ($53.8M), Luxembourg ($50.4M), and China ($48.8M).

The fastest growing import markets in Cermet articles for Belgium between 2021 and 2022 were Canada ($24.5M), Luxembourg ($23.4M), and Japan ($21.9M).

COMPANIES In 2023, leading companies such as DUPONT SPECIALTY PRODUCTS USA, LLC (10) were at the forefront of shipping Cermet articles from Belgium to the United States.

Latest Trends

January 2024

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Overview In January 2024 Belgium's Cermet articles exports accounted up to €21.9M and imports accounted up to €27.9M, resulting in a negative trade balance of €6M. Between January 2023 and January 2024 the exports of Belgium's Cermet articles have decreased by €-6.2M (-22.1%) from €28.1M to €21.9M, while imports increased by €2.17M (8.46%) from €25.7M to €27.9M.

Destinations In January 2024, Cermet articles were exported mostly to Germany (€6.07M), France (€4.16M), United States (€3.08M), Ireland (€1.7M), and India (€1.6M), and were imported mostly from United States (€7.13M), Tajikistan (€3.98M), China (€3.49M), Germany (€3.16M), and Netherlands (€2.67M).

Growth In January 2024, the decrease in Cermet articles's year-by-year exports was explained primarily by a decrease in exports to Canada (€-1.32M or -100%), Chinese Taipei (€-1.29M or -99.1%), and United Kingdom (€-811k or -86.9%). In January 2024, the increase in Cermet articles's year-by-year imports was explained primarily by an increase in imports from United States (€1.23M or 27.2%), France (€352k or 27.4%), and Russia (€167k or 13.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-6.2M(-22.1%)

IMPORT GROWTH (January 2023 - January 2024)€2.17M(8.46%)

MAIN DESTINATION (January 2024)Germany€6.07M

This section shows Cermet articles'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 Cermet articles over time.

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