2022
Exports
$3.11MWorld Rnk 20 / 55
Flag Rnk 1016 / 1213
2022
PRODUCT COMPLEXITY IN Railway Passenger Cars
0.36Rnk 419 / 1025
2022
Imports
$3.49MWorld Rnk 35 / 103
Flag Rnk 1080 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $3.11M in Railway Passenger Cars, making it the 20th largest exporter of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 1016th most exported product in Belgium. The main destination of Railway Passenger Cars exports from Belgium are: Spain ($2.81M), Luxembourg ($150k), France ($145k), Italy ($2.74k), and Burkina Faso ($2.3k).

The fastest growing export markets for Railway Passenger Cars of Belgium between 2021 and 2022 were Spain ($1.51M), France ($145k), and Italy ($2.74k).

Imports In 2022, Belgium imported $3.49M in Railway Passenger Cars, becoming the 35th largest importer of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 1080th most imported product in Belgium. Belgium imports Railway Passenger Cars primarily from: Denmark ($1.18M), Australia ($1.18M), Spain ($752k), Germany ($146k), and Netherlands ($107k).

The fastest growing import markets in Railway Passenger Cars for Belgium between 2021 and 2022 were Denmark ($1.18M), Australia ($1.18M), and Spain ($752k).

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2021 - January 2024)€-130k(-99.9%)
IMPORT GROWTH (December 2022 - March 2024)€-230k(-98.7%)
MAIN DESTINATION (January 2024)

This section shows Railway Passenger Cars'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 Railway Passenger Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.11M
IMPORTS (2022)$3.49M
NET TRADE (2022)-$382k

In 2022, Belgium exported $3.11M in Railway Passenger Cars. The main destinations of Belgium exports on Railway Passenger Cars were Spain ($2.81M), Luxembourg ($150k), France ($145k), Italy ($2.74k), and Burkina Faso ($2.3k).

In 2022, Belgium imported $3.49M in Railway Passenger Cars, mainly from Denmark ($1.18M), Australia ($1.18M), Spain ($752k), Germany ($146k), and Netherlands ($107k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Passenger Cars EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Spain$1.51M (115%)
France$145k (1%)
Italy$2.74k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Passenger Cars BY Belgium WERE (2021 - 2022):
Switzerland-$20.9M (-100%)
Netherlands-$438k (-100%)
Madagascar-$355k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Railway Passenger Cars were:
In 2022, Belgium's main importing competitors in Railway Passenger Cars were:

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Trade Value of Railway Passenger Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $132k
TOP IMPORT POTENTIALGermany+ $241k

Railway Passenger Cars’s highest export potential is France. With an export gap of $132k.   Railway Passenger Cars’s highest import potential is Germany with an import gap of $241k.

See methodology.

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