T3 · Product exporter position

Belgium exports of Machines and mechanical appliances: parts, of those having individual functions (HS 847990)

See where Belgium stands in machines and mechanical appliances: parts, of those having individual functions: export scale, destination breadth, market position, growth, and reported trade history.

Exporter BELHS6 847990Latest year 2024Declining

Latest exports

$270.4MLatest observed lane total

Destination markets

163Reported active markets

Three-year growth

-5.3%Annualized change

Destination HHI

778Destination concentration

Weighted share

3.3%Reported market position

Exporter evidence

How strong is Belgium in Machines and mechanical appliances: parts, of those having individual functions?

Reported exporter totals and calculated indicators for HS 847990. Values retain their observed coverage period.

Exporter scale

Latest exports$270.4M
Current 2024 exports$270.2M
Three-year average$266.2M
Historical peak$564.2M

Market position

Active destinations163
Destination HHI778
Weighted share3.3%
Share change+0.3 pp

Competitiveness

Three-year growth-5.3%
Volatility0.7
Maximum drawdown62.6%
TrendDeclining
MeasureValueWhat it describes
ExporterBelgiumCountry represented by this profile
Latest observed exports$270.4MSum of latest observed destination-lane values
Current 2024 exports$270.2MCommon-year comparison where reported
Three-year growth-5.3%Annualized change in exporter totals
Five-year growth+3.1%Annualized change in exporter totals
Leading destinationDEUDestination with the largest observed export value
Leading destination share15.2%Share of observed exporter totals
Destination concentration778HHI across destination markets
Weighted share change+0.3 ppValue-weighted latest change in market share
Limited-history lanes8.5%Share of lanes with shorter history

Destination markets

Where does Belgium sell machines and mechanical appliances: parts, of those having individual functions?

Leading destination observations ranked by reported export value, with market position and access context.

Destination observations are not available.

Price intelligence

How does Belgium's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Panama: $330.7M / ton.

Lowest reported price

Mozambique: $32.8 / ton.

Median price

$50.0K / ton across reported markets.

Export trend

Reported export history

Annual observations for Belgium and HS 847990 where available.

YearExportsYear-on-year changeActive destinations
2010$166.0M-3%151
2011$189.0M+13.8%159
2012$163.6M-13.4%160
2013$160.0M-2.2%155
2014$172.7M+8%153
2015$148.0M-14.3%152
2016$178.4M+20.5%159
2017$208.7M+17%154
2018$221.9M+6.4%153
2019$232.3M+4.7%156
2020$265.1M+14.1%149
2021$318.0M+20%147
2022$258.6M-18.7%157
2023$269.8M+4.4%159
2024$270.2M+0.2%163

Exporter context

Belgium economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 847990.

Belgium has reported exports of $371.1B and a trade balance of -$46.2B in 2024.

Available structural indicators include 130.6% trade openness, 23.7% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Belgium machines and mechanical appliances: parts, of those having individual functions exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.