The value of exports of commodity group 72 "Iron and steel" from Belgium totalled $ 15.4 billion in 2023. Sales of commodity group 72 from Belgium decreased by 13.6% in value terms compared to 2022. exports of commodity group 72 "Iron and steel" decreased by $ 2.43 billion (cumulative exports of commodity group 72 from Belgium amounted $17.8 billion in 2022)
Exports of commodity group 72 "Iron and steel" amounted to 3.92% of total exports from Belgium (cumulative merchandise exports from Belgium totalled $ 393 billion in 2023). The share of commodity group 72 in total exports from Belgium increased by 0.071 p.p. compared to 2022 (it was 3.85% in 2022 and cumulative exports from Belgium were equal to $ 463 billion).
Top export destinations of "Iron and steel" from Belgium in 2023:
The value of imports of commodity group 72 "Iron and steel" to Belgium totalled $ 9.72 billion in 2023. Sales of commodity group 72 to Belgium decreased by 18% in value terms compared to 2022. imports of commodity group 72 "Iron and steel" decreased by $ 2.13 billion (the value of imports of commodity group 72 to Belgium was equal to $11.8 billion in 2022)
Imports of commodity group 72 "Iron and steel" accounted for 2.34% of total import flow to Belgium (in 2023, total imports to Belgium amounted to $ 415 billion). The share of commodity group 72 in total imports to Belgium decreased by 0.212 p.p. compared to 2022 (it was 2.55% in 2022 and cumulative imports to Belgium were equal to $ 464 billion).
Top trading partners (import of "Iron and steel") of Belgium in 2023: