How much steel does Belgium export?
It is the 5th largest exporter by value: $2.5 billion in 2024, 3.6% of world exports of hot-rolled steel coil (HS 7208) (CEPII BACI). Its biggest customer is Germany, which takes 28% of its steel exports by value.
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Belgium's steel exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 5 | $2.5 billion | 3.6% | 2.9 million t | $841 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7208 (Flat-rolled iron or non-alloy steel, hot-rolled, not clad).
Where Belgium's steel goes
| Destination | Value | Share of Belgium's exports |
|---|---|---|
| Germany | $702M | 28% |
| Netherlands | $492M | 20% |
| France | $479M | 19% |
| Italy | $161M | 6.5% |
| Poland | $121M | 4.9% |
Belgium as a buyer of steel
Of its $1.3 billion of steel imports in 2024, 21% came from Germany and 14% from India, among 40 suppliers.
Cite as: Commodity Origins, "Belgium steel: production, exports and prices", https://commodityorigins.com/countries/BEL/steel/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.