Metalworking Transfer Machines in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $186M in Metalworking Transfer Machines, making it the 9th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 317th most exported product in Belgium. The main destination of Metalworking Transfer Machines exports from Belgium are: Italy ($59.4M), France ($25.9M), Poland ($17.1M), Germany ($13.6M), and Netherlands ($7.49M).

The fastest growing export markets for Metalworking Transfer Machines of Belgium between 2021 and 2022 were Italy ($16.2M), France ($14.3M), and Germany ($3.78M).

Imports In 2022, Belgium imported $237M in Metalworking Transfer Machines, becoming the 9th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 323rd most imported product in Belgium. Belgium imports Metalworking Transfer Machines primarily from: United States ($106M), United Kingdom ($58.3M), Japan ($34.1M), Germany ($8.26M), and Chinese Taipei ($6.77M).

The fastest growing import markets in Metalworking Transfer Machines for Belgium between 2021 and 2022 were Japan ($16.7M), United Kingdom ($5.33M), and Switzerland ($3.25M).

Latest Trends

January 2024

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Overview In January 2024 Belgium's Metalworking Transfer Machines exports accounted up to €7.16M and imports accounted up to €8.08M, resulting in a negative trade balance of €926k. Between January 2023 and January 2024 the exports of Belgium's Metalworking Transfer Machines have increased by €574k (8.72%) from €6.58M to €7.16M, while imports decreased by €-424k (-4.99%) from €8.51M to €8.08M.

Destinations In January 2024, Metalworking Transfer Machines were exported mostly to France (€1.61M), Germany (€1.49M), Italy (€753k), Poland (€425k), and Spain (€291k), and were imported mostly from United States (€7.03M), Italy (€676k), Sweden (€321k), Japan (€45.6k), and Chinese Taipei (€5.02k).

Growth In January 2024, the increase in Metalworking Transfer Machines's year-by-year exports was explained primarily by an increase in exports to Croatia (€400k or 285%), Czechia (€337k or 89.4%), and Portugal (€194k or 122%). In January 2024, the decrease in Metalworking Transfer Machines's year-by-year imports was explained primarily by a decrease in imports from United States (€-1.62M or -18%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€574k(8.72%)

IMPORT GROWTH (January 2023 - January 2024)€-424k(-4.99%)

MAIN DESTINATION (January 2024)France€1.61M

This section shows Metalworking Transfer 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 Metalworking Transfer Machines over time.

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