Railroad Ties in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $30.4M in Railroad Ties, making it the 3rd largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 654th most exported product in Belgium. The main destination of Railroad Ties exports from Belgium are: France ($12.1M), United Kingdom ($3.35M), Luxembourg ($2.58M), Spain ($2.49M), and Germany ($2.17M).

The fastest growing export markets for Railroad Ties of Belgium between 2021 and 2022 were Luxembourg ($2.27M), France ($2.04M), and Denmark ($1.98M).

Imports In 2022, Belgium imported $20.7M in Railroad Ties, becoming the 4th largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 827th most imported product in Belgium. Belgium imports Railroad Ties primarily from: France ($8.76M), Gabon ($6.35M), Netherlands ($4.45M), Spain ($738k), and Germany ($97.6k).

The fastest growing import markets in Railroad Ties for Belgium between 2021 and 2022 were France ($1.34M), Spain ($529k), and Gabon ($230k).

Latest Trends

January 2024

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Overview In January 2024 Belgium's Railroad Ties exports accounted up to €3.67M and imports accounted up to €3M, resulting in a positive trade balance of €674k. Between January 2023 and January 2024 the exports of Belgium's Railroad Ties have increased by €969k (35.8%) from €2.7M to €3.67M, while imports increased by €1.38M (85.7%) from €1.62M to €3M.

Destinations In January 2024, Railroad Ties were exported mostly to France (€2.09M), Spain (€836k), Germany (€182k), Greece (€131k), and Austria (€105k), and were imported mostly from Gabon (€1.9M), France (€896k), Netherlands (€115k), Spain (€84.7k), and Germany (€6.41k).

Growth In January 2024, the increase in Railroad Ties's year-by-year exports was explained primarily by an increase in exports to France (€817k or 122%), United Kingdom (€251k or 193%), and Netherlands (€177k or 644%). In January 2024, the increase in Railroad Ties's year-by-year imports was explained primarily by an increase in imports from France (€276k or 45.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€969k(35.8%)

IMPORT GROWTH (January 2023 - January 2024)€1.38M(85.7%)

MAIN DESTINATION (January 2024)France€2.09M

This section shows Railroad Ties'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 Railroad Ties over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$30.4M

IMPORTS (2022)$20.7M

NET TRADE (2022)$9.61M

In 2022, Belgium exported $30.4M in Railroad Ties. The main destinations of Belgium exports on Railroad Ties were France ($12.1M), United Kingdom ($3.35M), Luxembourg ($2.58M), Spain ($2.49M), and Germany ($2.17M).

In 2022, Belgium imported $20.7M in Railroad Ties, mainly from France ($8.76M), Gabon ($6.35M), Netherlands ($4.45M), Spain ($738k), and Germany ($97.6k).

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