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Pricing

2022
Exports $60MWorld Rnk 10 / 98
Flag Rnk 534 / 1213
2022
Destination $7.5M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $7.5MHong Kong
2022
PRODUCT COMPLEXITY IN Motor vehicle (8701 to 8705) chassis fitted with engine0.58Rnk 332 / 1025
2022
Imports $17.2MWorld Rnk 38 / 176
Flag Rnk 854 / 1214
2022
Origin $976k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $976kSouth Korea
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $60M in Motor vehicle (8701 to 8705) chassis fitted with engine, making it the 10th largest exporter of Motor vehicle (8701 to 8705) chassis fitted with engine in the world. At the same year, Motor vehicle (8701 to 8705) chassis fitted with engine was the 534th most exported product in Belgium. The main destination of Motor vehicle (8701 to 8705) chassis fitted with engine exports from Belgium are: Hong Kong ($31.9M), Spain ($7.91M), Luxembourg ($6.55M), Estonia ($2.87M), and Netherlands ($2.78M).

The fastest growing export markets for Motor vehicle (8701 to 8705) chassis fitted with engine of Belgium between 2021 and 2022 were Hong Kong ($7.5M), Estonia ($2.87M), and Brazil ($2.02M).

Imports In 2022, Belgium imported $17.2M in Motor vehicle (8701 to 8705) chassis fitted with engine, becoming the 38th largest importer of Motor vehicle (8701 to 8705) chassis fitted with engine in the world. At the same year, Motor vehicle (8701 to 8705) chassis fitted with engine was the 854th most imported product in Belgium. Belgium imports Motor vehicle (8701 to 8705) chassis fitted with engine primarily from: Netherlands ($10.5M), Spain ($2.67M), France ($1.02M), South Korea ($976k), and Sweden ($472k).

The fastest growing import markets in Motor vehicle (8701 to 8705) chassis fitted with engine for Belgium between 2021 and 2022 were South Korea ($976k), Sweden ($364k), and India ($298k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Motor vehicle (8701 to 8705) chassis fitted with engine exports accounted up to €600 and imports accounted up to €487, resulting in a positive trade balance of €113. Between May 2023 and May 2024 the exports of Belgium's   Motor vehicle (8701 to 8705) chassis fitted with engine have decreased by €-661k (-99.9%) from €661k to €600, while imports decreased by €-603k (-99.9%) from €603k to €487.

Destinations In May 2024, Motor vehicle (8701 to 8705) chassis fitted with engine were exported mostly to Cameroon (€600), and were imported mostly from China (€487).

Growth In May 2024, the decrease in Motor vehicle (8701 to 8705) chassis fitted with engine's year-by-year exports was explained primarily by a decrease in exports to . In May 2024, the decrease in Motor vehicle (8701 to 8705) chassis fitted with engine's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-523k or -38.5%), Portugal (€-37.4k or -39.8%), and Sweden (€-6.06k or -18%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-661k(-99.9%)
IMPORT GROWTH (May 2023 - May 2024)€-603k(-99.9%)
MAIN DESTINATION (May 2024)Cameroon€600

This section shows Motor vehicle (8701 to 8705) chassis fitted with engine'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 Motor vehicle (8701 to 8705) chassis fitted with engine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$60M
IMPORTS (2022)$17.2M
NET TRADE (2022)$42.8M

In 2022, Belgium exported $60M in Motor vehicle (8701 to 8705) chassis fitted with engine. The main destinations of Belgium exports on Motor vehicle (8701 to 8705) chassis fitted with engine were Hong Kong ($31.9M), Spain ($7.91M), Luxembourg ($6.55M), Estonia ($2.87M), and Netherlands ($2.78M).

In 2022, Belgium imported $17.2M in Motor vehicle (8701 to 8705) chassis fitted with engine, mainly from Netherlands ($10.5M), Spain ($2.67M), France ($1.02M), South Korea ($976k), and Sweden ($472k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicle (8701 to 8705) chassis fitted with engine EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Hong Kong$7.5M (30.7%)
Estonia$2.87M (1%)
Brazil$2.02M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicle (8701 to 8705) chassis fitted with engine BY Belgium WERE (2021 - 2022):
Greece-$2.79M (-100%)
Luxembourg-$1.26M (-16.1%)
Portugal-$924k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Motor vehicle (8701 to 8705) chassis fitted with engine were:
Brazil $484M
China $424M
Sweden $369M
In 2022, Belgium's main importing competitors in Motor vehicle (8701 to 8705) chassis fitted with engine were:
Malaysia $152M
Chile $147M
Mexico $146M

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Trade Value of Motor vehicle (8701 to 8705) chassis fitted with engine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.61M
TOP IMPORT POTENTIALFrance+ $870k

Motor vehicle (8701 to 8705) chassis fitted with engine’s highest export potential is France. With an export gap of $1.61M.   Motor vehicle (8701 to 8705) chassis fitted with engine’s highest import potential is France with an import gap of $870k.

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