T3 · Product exporter position

Belgium exports of Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc (HS 870323)

See where Belgium stands in vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc: export scale, destination breadth, market position, growth, and reported trade history.

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Exporter BELHS6 870323Latest year 2024Growing

Latest exports

$6.3BLatest observed lane total

Destination markets

144Reported active markets

Three-year growth

+5.8%Annualized change

Destination HHI

907Destination concentration

Weighted share

15.2%Reported market position

Exporter evidence

How strong is Belgium in Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc?

Reported exporter totals and calculated indicators for HS 870323. Values retain their observed coverage period.

Exporter scale

Latest exports$6.3B

Current 2024 exports$6.3B

Three-year average$5.3B

Historical peak$17.3B

Market position

Active destinations144

Destination HHI907

Weighted share15.2%

Share change+4.2 pp

Competitiveness

Three-year growth+5.8%

Volatility0.5

Maximum drawdown79.9%

TrendGrowing

Measure	Value	What it describes
Exporter	Belgium	Country represented by this profile
Latest observed exports	$6.3B	Sum of latest observed destination-lane values
Current 2024 exports	$6.3B	Common-year comparison where reported
Three-year growth	+5.8%	Annualized change in exporter totals
Five-year growth	-3.3%	Annualized change in exporter totals
Leading destination	DEU	Destination with the largest observed export value
Leading destination share	17.4%	Share of observed exporter totals
Destination concentration	907	HHI across destination markets
Weighted share change	+4.2 pp	Value-weighted latest change in market share
Limited-history lanes	8.2%	Share of lanes with shorter history

Destination markets

Where does Belgium sell vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc?

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

Destination	Latest exports	Market share	Growth	Access	Signal
Germany	$1.1B	9.6%	+8.3%	FTA reported	Slowing
USA, Puerto Rico and US Virgin Islands	$998.6M	1.1%	+22.4%	0% tariff	Stable
United Kingdom	$642.0M	10.5%	+6.1%	FTA reported	Slowing
Netherlands	$622.2M	29.5%	+13.3%	FTA reported	Stable
Sweden	$441.9M	55%	+1.5%	FTA reported	Stable
France	$367.1M	16.1%	-6.4%	FTA reported	Stable

Destination

Germany

Latest exports: $1.1B
Market share: 9.6%
Growth: +8.3%
Access: FTA reported
Signal: Slowing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports: $998.6M
Market share: 1.1%
Growth: +22.4%
Access: 0% tariff
Signal: Stable

Destination

United Kingdom

Latest exports: $642.0M
Market share: 10.5%
Growth: +6.1%
Access: FTA reported
Signal: Slowing

Destination

Netherlands

Latest exports: $622.2M
Market share: 29.5%
Growth: +13.3%
Access: FTA reported
Signal: Stable

Destination

Sweden

Latest exports: $441.9M
Market share: 55%
Growth: +1.5%
Access: FTA reported
Signal: Stable

Destination

France

Latest exports: $367.1M
Market share: 16.1%
Growth: -6.4%
Access: FTA reported
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

Norway: $172.1K / ton.

Lowest reported price

CYM: $508.0 / ton.

Median price

$13.6K / ton across reported markets.

Export trend

Reported export history

Annual observations for Belgium and HS 870323 where available.

Year	Exports	Year-on-year change	Active destinations
2010	$5.9B	-9.6%	155
2011	$7.3B	+23.9%	153
2012	$6.9B	-4.5%	163
2013	$7.2B	+4.4%	164
2014	$6.7B	-7%	162
2015	$5.0B	-25.6%	159
2016	$5.4B	+6.9%	161
2017	$5.2B	-2.6%	162
2018	$6.1B	+16.7%	165
2019	$7.5B	+22.6%	165
2020	$6.6B	-11.2%	151
2021	$5.3B	-19.8%	153
2022	$4.4B	-16.8%	152
2023	$5.3B	+19.7%	145
2024	$6.3B	+19.1%	144

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 870323.

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 vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc 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.