T3 · Product exporter position

Belgium exports of Gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters (HS 848340)

See where Belgium stands in gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters: export scale, destination breadth, market position, growth, and reported trade history.

Exporter BELHS6 848340Latest year 2024Declining

Latest exports

$438.7MLatest observed lane total

Destination markets

159Reported active markets

Three-year growth

-8.3%Annualized change

Destination HHI

912Destination concentration

Weighted share

6.6%Reported market position

Exporter evidence

How strong is Belgium in Gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters?

Reported exporter totals and calculated indicators for HS 848340. Values retain their observed coverage period.

Exporter scale

Latest exports$438.7M
Current 2024 exports$438.1M
Three-year average$526.9M
Historical peak$1.7B

Market position

Active destinations159
Destination HHI912
Weighted share6.6%
Share change+0.3 pp

Competitiveness

Three-year growth-8.3%
Volatility0.7
Maximum drawdown78.1%
TrendDeclining
MeasureValueWhat it describes
ExporterBelgiumCountry represented by this profile
Latest observed exports$438.7MSum of latest observed destination-lane values
Current 2024 exports$438.1MCommon-year comparison where reported
Three-year growth-8.3%Annualized change in exporter totals
Five-year growth-4.3%Annualized change in exporter totals
Leading destinationCHNDestination with the largest observed export value
Leading destination share19%Share of observed exporter totals
Destination concentration912HHI across destination markets
Weighted share change+0.3 ppValue-weighted latest change in market share
Limited-history lanes7.6%Share of lanes with shorter history

Destination markets

Where does Belgium sell gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
China$83.3M5%+22.3%0.3% tariffAccelerating
Denmark$68.1M20.8%-3.9%FTA reportedStable
USA, Puerto Rico and US Virgin Islands$55.5M1.5%-8.2%0% tariffStable

Destination

China

Latest exports
$83.3M
Market share
5%
Growth
+22.3%
Access
0.3% tariff
Signal
Accelerating

Destination

Denmark

Latest exports
$68.1M
Market share
20.8%
Growth
-3.9%
Access
FTA reported
Signal
Stable

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$55.5M
Market share
1.5%
Growth
-8.2%
Access
0% tariff
Signal
Stable

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

Bolivia: $61.8M / ton.

Lowest reported price

Nepal: $2.7K / ton.

Median price

$30.9K / ton across reported markets.

Export trend

Reported export history

Annual observations for Belgium and HS 848340 where available.

YearExportsYear-on-year changeActive destinations
2010$593.0M-32.3%145
2011$610.5M+3%156
2012$655.9M+7.4%153
2013$477.7M-27.2%151
2014$520.0M+8.8%146
2015$534.2M+2.7%153
2016$576.5M+7.9%153
2017$580.5M+0.7%153
2018$585.3M+0.8%149
2019$546.8M-6.6%154
2020$543.5M-0.6%153
2021$568.8M+4.7%154
2022$530.0M-6.8%162
2023$612.7M+15.6%159
2024$438.1M-28.5%159

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 848340.

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 gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters 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.