The Flemish market share in world trade stood at 2% in 2018. This is the share of exports from the Flemish Region in the total imports of all countries in the world.
Between 2002 and 2012, the Flemish Region’s market share dropped from 2.8% to 2.0%. In the years following 2012, the Flemish market share remained virtually stable.
The market shares of Belgium and the neighbouring countries are larger. But they are also larger economies. The German market share was, for example, 8.4% in 2018. The market share of Belgium and the neighbouring countries has been declining over time. The decline is particularly striking for France. While France had a larger market share than the Netherlands in 2002, this has been reversed since 2008. Germany slightly increased its market share again from 2013 to 2016, but was unable to maintain this gain in the years following.
In 2018, the market share of the Flemish Region in the new EU12 member states was 2.2%. That is slightly higher than the total Flemish market share in world trade (all countries). The neighbouring countries have a higher market share in these EU12 member states. Germany performs best with a share of 23.0%, which can be explained by Germany’s geographical proximity to the EU12 members states. Between 2009 and 2018, the Flemish Region lost some of its market share in the EU12 countries.
In 2018, the Flemish Region had a market share of 0.8% in the BRIC countries, which is significantly less than Germany (5.4%). The Netherlands (0.9%) does not perform much better than the Flemish Region. Between 2009 and 2018, both the Flemish Region and the neighbouring countries lost market share in the BRIC countries.
In the Next11 countries the Flemish Region was able to achieve a market share of 0.8% in 2018. Flanders has been losing ground here, just like its neighbouring countries, since 2019.
In 2018, the Flemish Region accounted for 0.4% of imports from the Asian Tigers. Between 2009 and 2018, the Flemish market share shrank by 20% while France and the Netherlands enjoyed an increase.
In 2018, the Flemish market share in North America was 0.7%, lower than in 2009 (1%). Our three neighbouring countries managed to increase their share between 2009 and 2018.
The market share of the Flemish Region in Japan stood at 0.5% in 2018. The Flemish Region lost ground between 2009 and 2018.
The Flemish Region had a market share of 3.1% in Sub-Sahara Africa in 2018. The neighbouring countries perform better. The Flemish Region was able to expand its market share quite considerably between 2009 and 2018, as was the case for the Netherlands. Germany and France saw a decline.
Asian Tigers: South Korea, Taiwan, Singapore and Hong Kong.
BRIC countries: Brazil, Russia, India and China
EU12 countries: Poland, Hungary, Estonia, Latvia, Lithuania, Czech Republic, Slovakia, Slovenia, Cyprus, Malta, Romania and Bulgaria.
Next 11 countries: Bangladesh, Egypt, Indonesia, Iran, South Korea, Mexico, Nigeria, the Philippines, Pakistan, Turkey and Vietnam.
Market shares: indicate the share of a country (or region) in total imports from a reference country (or group of reference countries) or exports from country x to country y in % of the total imports of country y.
North America: United States (US) and Canada.
Sub-Sahara Africa: Africa minus North Africa but including Sudan.