Nickel articles in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $312M in Nickel articles, making it the 25th largest exporter of Nickel articles in the world. At the same year, Nickel articles was the 75th most exported product in Belgium. The main destination of Nickel articles exports from Belgium are: France ($77.7M), Italy ($42.5M), Austria ($32.5M), United States ($26.9M), and Germany ($22.8M).

The fastest growing export markets for Nickel articles of Belgium between 2021 and 2022 were France ($35.9M), Austria ($31.9M), and Germany ($9.23M).

Imports In 2022, Belgium imported $911M in Nickel articles, becoming the 15th largest importer of Nickel articles in the world. At the same year, Nickel articles was the 57th most imported product in Belgium. Belgium imports Nickel articles primarily from: Netherlands ($336M), Canada ($211M), United Kingdom ($137M), United States ($53.5M), and South Africa ($48.2M).

The fastest growing import markets in Nickel articles for Belgium between 2021 and 2022 were Netherlands ($198M), South Africa ($42.1M), and Canada ($26M).

COMPANIES In 2023, leading companies such as VICTAULIC COMPANY OF AMERICA (2) were at the forefront of shipping Nickel articles from Belgium to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Belgium's Nickel articles exports accounted up to €17.1M and imports accounted up to €47M, resulting in a negative trade balance of €29.9M. Between January 2023 and January 2024 the exports of Belgium's Nickel articles have decreased by €-5.79M (-25.3%) from €22.9M to €17.1M, while imports increased by €3.5M (8.04%) from €43.5M to €47M.

Destinations In January 2024, Nickel articles were exported mostly to France (€6.44M), Germany (€2.03M), United States (€1.8M), United Kingdom (€1.49M), and Netherlands (€872k), and were imported mostly from United Kingdom (€10.8M), Canada (€9.47M), Netherlands (€9.12M), United States (€3.88M), and Finland (€3.05M).

Growth In January 2024, the decrease in Nickel articles's year-by-year exports was explained primarily by a decrease in exports to India (€-1.61M or -96.9%), Italy (€-875k or -63.4%), and United States (€-686k or -36.9%). In January 2024, the increase in Nickel articles's year-by-year imports was explained primarily by an increase in imports from Netherlands (€9.31M or 41.5%), Finland (€3.96M or 65.1k%), and United States (€1.15M or 85.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-5.79M(-25.3%)

IMPORT GROWTH (January 2023 - January 2024)€3.5M(8.04%)

MAIN DESTINATION (January 2024)France€6.44M

This section shows Nickel 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 Nickel articles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$312M

IMPORTS (2022)$911M

NET TRADE (2022)-$599M

In 2022, Belgium exported $312M in Nickel articles. The main destinations of Belgium exports on Nickel articles were France ($77.7M), Italy ($42.5M), Austria ($32.5M), United States ($26.9M), and Germany ($22.8M).

In 2022, Belgium imported $911M in Nickel articles, mainly from Netherlands ($336M), Canada ($211M), United Kingdom ($137M), United States ($53.5M), and South Africa ($48.2M).

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