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Who buys Belgium’s steel? Export destinations 2024

In 2024, Belgium exported $12.6 billion of steel (10.8 million tonnes), 3.6% of the world total. Its main destinations were Germany (25%), France (24%) and the Netherlands (14%). Belgium was the world’s 6th-largest exporter of steel.

Summary

Value
$12.6billion
Tonnes
10.8million tonnes
Share of world total
3.6%
World rank
6th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Germany3.1Tonnes: 2,746,968USD per tonne: $1,12824.5%Sea
France3Tonnes: 2,506,977USD per tonne: $1,20223.8%Land
Netherlands re-exports1.7Tonnes: 1,599,645USD per tonne: $1,07213.6%Sea
Poland0.7Tonnes: 589,383USD per tonne: $1,1805.5%Sea
Italy0.65Tonnes: 555,149USD per tonne: $1,1635.1%Sea
United Kingdom0.45Tonnes: 385,357USD per tonne: $1,1603.5%Sea
United States0.36Tonnes: 163,452USD per tonne: $2,2172.9%Sea
Spain0.29Tonnes: 287,379USD per tonne: $1,0072.3%Sea
Turkey0.25Tonnes: 291,287USD per tonne: $8712%Sea
Czechia0.21Tonnes: 167,347USD per tonne: $1,2771.7%Sea
Sweden0.16Tonnes: 143,027USD per tonne: $1,1361.3%Sea
Romania0.11Tonnes: 91,627USD per tonne: $1,2160.88%Sea
Slovakia0.1Tonnes: 91,504USD per tonne: $1,1390.82%Sea
Switzerland0.1Tonnes: 64,250USD per tonne: $1,5330.78%Sea
Denmark0.1Tonnes: 88,239USD per tonne: $1,1110.78%Sea
Hungary0.1Tonnes: 95,496USD per tonne: $1,0040.76%Sea
Egypt0.08Tonnes: 91,778USD per tonne: $9080.66%Sea
Luxembourg0.08Tonnes: 53,323USD per tonne: $1,5200.64%Land
South Africa0.08Tonnes: 58,748USD per tonne: $1,3400.62%Sea
Austria0.07Tonnes: 43,641USD per tonne: $1,7020.59%Sea

Trend

Who it sells to

Germany has been its main destination since 2022

Value in USD billions. The five largest destinations in 2024.

  • Germany 3.1
  • France 3
  • Netherlands 1.7
  • Poland 0.7
  • Italy 0.65

Source: CEPII BACI

Show the numbers
Partner19952024
Germany2.63.1
France2.63
Netherlands0.851.7
Poland0.020.7
Italy0.910.65

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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