Misc. manufactures in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $532M in Misc. manufactures, making it the 14th largest exporter of Misc. manufactures in the world. At the same year, Misc. manufactures was the 65th most exported product in Belgium. The main destination of Misc. manufactures exports from Belgium are: France ($92.7M), Germany ($74M), Netherlands ($72.3M), Italy ($27.7M), and Poland ($25.3M).

The fastest growing export markets for Misc. manufactures of Belgium between 2021 and 2022 were Germany ($11.8M), Spain ($3.89M), and Ireland ($3.74M).

Imports In 2022, Belgium imported $590M in Misc. manufactures, becoming the 24th largest importer of Misc. manufactures in the world. At the same year, Misc. manufactures was the 67th most imported product in Belgium. Belgium imports Misc. manufactures primarily from: Netherlands ($123M), China ($113M), Germany ($80.9M), France ($68M), and Dominican Republic ($47.1M).

The fastest growing import markets in Misc. manufactures for Belgium between 2021 and 2022 were Dominican Republic ($17.2M), India ($7.38M), and South Korea ($4.26M).

COMPANIES In 2023, leading companies such as JOHN DEERE COMMERCIAL PRODUCTS (4), TE CONNECTIVITY CORPORATION (1), and SKF USA INC (1) were at the forefront of shipping Misc. manufactures from Belgium to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Belgium's Misc. manufactures exports accounted up to €93.6M and imports accounted up to €72.2M, resulting in a positive trade balance of €21.4M. Between January 2023 and January 2024 the exports of Belgium's Misc. manufactures have decreased by €-2.5M (-2.6%) from €96.1M to €93.6M, while imports decreased by €-2.06M (-2.77%) from €74.3M to €72.2M.

Destinations In January 2024, Misc. manufactures were exported mostly to United Kingdom (€24.1M), Germany (€12.3M), France (€12.1M), Netherlands (€9.38M), and Spain (€4.01M), and were imported mostly from Czechia (€16.5M), Netherlands (€12.8M), France (€12.4M), Germany (€8.44M), and China (€6.33M).

Growth In January 2024, the decrease in Misc. manufactures's year-by-year exports was explained primarily by a decrease in exports to Algeria (€-867k or -58.2%), United States (€-445k or -51.4%), and Kuwait (€-126k or -89%). In January 2024, the decrease in Misc. manufactures's year-by-year imports was explained primarily by a decrease in imports from Germany (€-5.61M or -27.9%), Dominican Republic (€-1.73M or -65.9%), and China (€-1.19M or -12.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-2.5M(-2.6%)

IMPORT GROWTH (January 2023 - January 2024)€-2.06M(-2.77%)

MAIN DESTINATION (January 2024)United Kingdom€24.1M

This section shows Misc. manufactures'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 Misc. manufactures over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$532M

IMPORTS (2022)$590M

NET TRADE (2022)-$58M

In 2022, Belgium exported $532M in Misc. manufactures. The main destinations of Belgium exports on Misc. manufactures were France ($92.7M), Germany ($74M), Netherlands ($72.3M), Italy ($27.7M), and Poland ($25.3M).

In 2022, Belgium imported $590M in Misc. manufactures, mainly from Netherlands ($123M), China ($113M), Germany ($80.9M), France ($68M), and Dominican Republic ($47.1M).

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