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Where does Belgium get its steel? Import sources 2024

In 2024, Belgium imported $5.9 billion of steel (7.8 million tonnes), 1.7% of the world total. Its main sources were Germany (20%), the Netherlands (15%) and France (14%). Belgium was the world’s 20th-largest importer of steel.

Summary

Value
$5.9billion
Tonnes
7.8million tonnes
Share of world total
1.7%
World rank
20th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Germany1.2Tonnes: 1,381,276USD per tonne: $83719.6%Sea
Netherlands re-exports0.91Tonnes: 1,009,108USD per tonne: $90215.4%Sea
France0.8Tonnes: 902,673USD per tonne: $88313.5%Sea
Russia0.71Tonnes: 1,372,108USD per tonne: $51912.1%Sea
South Korea0.24Tonnes: 400,185USD per tonne: $6014.1%Sea
Taiwan0.24Tonnes: 377,678USD per tonne: $6334.1%Sea
China0.2Tonnes: 270,518USD per tonne: $7393.4%Sea
India0.19Tonnes: 297,227USD per tonne: $6493.3%Sea
Vietnam0.19Tonnes: 249,272USD per tonne: $7563.2%Sea
Spain0.17Tonnes: 223,530USD per tonne: $7833%Sea
United Kingdom0.17Tonnes: 181,483USD per tonne: $9312.9%Sea
Italy0.16Tonnes: 147,492USD per tonne: $1,0832.7%Sea
Indonesia0.13Tonnes: 214,952USD per tonne: $5902.2%Sea
Luxembourg0.1Tonnes: 120,362USD per tonne: $8581.8%Land
Austria0.08Tonnes: 70,076USD per tonne: $1,1091.3%Sea
Turkey0.07Tonnes: 163,657USD per tonne: $4311.2%Sea
Sweden0.07Tonnes: 38,188USD per tonne: $1,8161.2%Sea
Poland0.06Tonnes: 67,131USD per tonne: $9271.1%Sea
Japan0.05Tonnes: 74,368USD per tonne: $6290.79%Sea
Finland0.03Tonnes: 21,359USD per tonne: $1,2800.46%Sea

Trend

Who it buys from

Germany has been its main source since 2022

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

  • Germany 1.2
  • Netherlands 0.91
  • France 0.8
  • Russia 0.71
  • South Korea 0.24

Source: CEPII BACI

Show the numbers
Partner19952024
Germany1.51.2
Netherlands0.550.91
France10.8
Russia0.020.71
South Korea0.020.24

Sources and methodology

Other products of this country

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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