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2022
Exports $240MWorld Rnk 44 / 188
Flag Rnk 76 / 96
2022
Destination $67.9M Israel
2021 - 2022
FASTEST GROWING MARKET $67.9MIsrael
2022
PRODUCT COMPLEXITY IN Ships, boats, & floating structures0.3Rnk 445 / 1025
2022
Imports $678MWorld Rnk 45 / 223
Flag Rnk 61 / 96
2022
Origin $29.4M China
2021 - 2022
FASTEST GROWING ORIGIN $29.4MChina
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $240M in Ships, boats, & floating structures, making it the 44th largest exporter of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 76th most exported product in Belgium. The main destination of Ships, boats, & floating structures exports from Belgium are: Israel ($67.9M), Netherlands ($26.5M), France ($24.2M), Indonesia ($18.4M), and Nigeria ($10.4M).

The fastest growing export markets for Ships, boats, & floating structures of Belgium between 2021 and 2022 were Israel ($67.9M), Indonesia ($16.7M), and Nigeria ($9.93M).

Imports In 2022, Belgium imported $678M in Ships, boats, & floating structures, becoming the 45th largest importer of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 61st most imported product in Belgium. Belgium imports Ships, boats, & floating structures primarily from: China ($233M), South Korea ($202M), Netherlands ($72.3M), United States ($29.6M), and France ($21M).

The fastest growing import markets in Ships, boats, & floating structures for Belgium between 2021 and 2022 were China ($29.4M), Cyprus ($18.7M), and France ($13M).

COMPANIES In 2023, leading companies such as Dow Chemical (1) were at the forefront of shipping Ships, boats, & floating structures from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Ships, boats, & floating structures exports accounted up to €441k and imports accounted up to €362k, resulting in a positive trade balance of €78.7k. Between May 2023 and May 2024 the exports of Belgium's   Ships, boats, & floating structures have decreased by €-6.16M (-93.3%) from €6.6M to €441k, while imports decreased by €-134M (-99.7%) from €135M to €362k.

Destinations In May 2024, Ships, boats, & floating structures were exported mostly to Canada (€190k), Switzerland (€162k), Bulgaria (€30.8k), United Arab Emirates (€18k), and Czechia (€12.4k), and were imported mostly from China (€361k), Bulgaria (€274), Canada (€115), and Czechia (€94).

Growth In May 2024, the decrease in Ships, boats, & floating structures's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-734k or -45%), France (€-196k or -87.6%), and Germany (€-133k or -55.5%). In May 2024, the decrease in Ships, boats, & floating structures's year-by-year imports was explained primarily by a decrease in imports from China (€-922k or -77.7%), Italy (€-95.1k or -99.9%), and United Kingdom (€-94k or -71.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-6.16M(-93.3%)
IMPORT GROWTH (May 2023 - May 2024)€-134M(-99.7%)
MAIN DESTINATION (May 2024)Canada€190k

This section shows Ships, boats, & floating structures'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 Ships, boats, & floating structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$240M
IMPORTS (2022)$678M
NET TRADE (2022)-$439M

In 2022, Belgium exported $240M in Ships, boats, & floating structures. The main destinations of Belgium exports on Ships, boats, & floating structures were Israel ($67.9M), Netherlands ($26.5M), France ($24.2M), Indonesia ($18.4M), and Nigeria ($10.4M).

In 2022, Belgium imported $678M in Ships, boats, & floating structures, mainly from China ($233M), South Korea ($202M), Netherlands ($72.3M), United States ($29.6M), and France ($21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ships, boats, & floating structures EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Israel$67.9M (4.13M%)
Indonesia$16.7M (1k%)
Nigeria$9.93M (2.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ships, boats, & floating structures BY Belgium WERE (2021 - 2022):
China-$54.6M (-100%)
Germany-$43.6M (-81.9%)
Gabon-$33.3M (-99.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Ships, boats, & floating structures were:
China $26.1B
South Korea $23.9B
Japan $9.94B
In 2022, Belgium's main importing competitors in Ships, boats, & floating structures were:
Liberia $11.2B
United States $11.2B
Singapore $10.6B

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Trade Value of Ships, boats, & floating structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $13M
TOP IMPORT POTENTIALFrance+ $23.1M

Ships, boats, & floating structures’s highest export potential is France. With an export gap of $13M.   Ships, boats, & floating structures’s highest import potential is France with an import gap of $23.1M.

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