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2022
Exports $15.1MWorld Rnk 28 / 184
Flag Rnk 800 / 1213
2022
Destination $498k United States
2021 - 2022
FASTEST GROWING MARKET $498kQatar
2022
PRODUCT COMPLEXITY IN Instructional Models0.32Rnk 440 / 1025
2022
Imports $34MWorld Rnk 25 / 211
Flag Rnk 743 / 1214
2022
Origin $1.47M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $1.47MUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $15.1M in Instructional Models, making it the 28th largest exporter of Instructional Models in the world. At the same year, Instructional Models was the 800th most exported product in Belgium. The main destination of Instructional Models exports from Belgium are: United States ($3.08M), Netherlands ($1.29M), Cote d'Ivoire ($994k), United Kingdom ($943k), and France ($898k).

The fastest growing export markets for Instructional Models of Belgium between 2021 and 2022 were Qatar ($498k), United Kingdom ($372k), and France ($366k).

Imports In 2022, Belgium imported $34M in Instructional Models, becoming the 25th largest importer of Instructional Models in the world. At the same year, Instructional Models was the 743rd most imported product in Belgium. Belgium imports Instructional Models primarily from: Netherlands ($6.28M), China ($5.56M), United States ($4.32M), Germany ($3.87M), and Sweden ($3.7M).

The fastest growing import markets in Instructional Models for Belgium between 2021 and 2022 were United States ($1.47M), United Arab Emirates ($1.32M), and Japan ($748k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Instructional Models exports accounted up to €472k and imports accounted up to €332k, resulting in a positive trade balance of €140k. Between May 2023 and May 2024 the exports of Belgium's   Instructional Models have decreased by €-1.08M (-69.5%) from €1.55M to €472k, while imports decreased by €-1.21M (-78.4%) from €1.54M to €332k.

Destinations In May 2024, Instructional Models were exported mostly to Burundi (€241k), Switzerland (€145k), China (€33.9k), Australia (€18.7k), and Canada (€12k), and were imported mostly from China (€211k), Switzerland (€92.8k), Canada (€18k), Australia (€8.98k), and Czechia (€1.1k).

Growth In May 2024, the decrease in Instructional Models's year-by-year exports was explained primarily by a decrease in exports to United States (€-172k or -38.3%), France (€-40.5k or -54.7%), and Norway (€-2.29k or -37.2%). In May 2024, the decrease in Instructional Models's year-by-year imports was explained primarily by a decrease in imports from Italy (€-250k or -99.6%), Germany (€-101k or -33%), and Hong Kong (€-6.2k or -47%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-1.08M(-69.5%)
IMPORT GROWTH (May 2023 - May 2024)€-1.21M(-78.4%)
MAIN DESTINATION (May 2024)Burundi€241k

This section shows Instructional Models'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 Instructional Models over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.1M
IMPORTS (2022)$34M
NET TRADE (2022)-$18.9M

In 2022, Belgium exported $15.1M in Instructional Models. The main destinations of Belgium exports on Instructional Models were United States ($3.08M), Netherlands ($1.29M), Cote d'Ivoire ($994k), United Kingdom ($943k), and France ($898k).

In 2022, Belgium imported $34M in Instructional Models, mainly from Netherlands ($6.28M), China ($5.56M), United States ($4.32M), Germany ($3.87M), and Sweden ($3.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instructional Models EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Qatar$498k (360%)
United Kingdom$372k (65.1%)
France$366k (68.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instructional Models BY Belgium WERE (2021 - 2022):
Indonesia-$2.74M (-99.3%)
Netherlands-$1.35M (-51.2%)
Cote d'Ivoire-$1.04M (-51.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Instructional Models were:
China $684M
United States $552M
Germany $377M
In 2022, Belgium's main importing competitors in Instructional Models were:
United States $603M
Germany $198M
United Kingdom $158M

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Trade Value of Instructional Models by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.47M
TOP IMPORT POTENTIALGermany+ $3.27M

Instructional Models’s highest export potential is United States. With an export gap of $1.47M.   Instructional Models’s highest import potential is Germany with an import gap of $3.27M.

See methodology.

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