Photographic Chemicals in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $234M in Photographic Chemicals, making it the 7th largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 268th most exported product in Belgium. The main destination of Photographic Chemicals exports from Belgium are: South Korea ($64.7M), Germany ($30M), Ireland ($19.9M), Israel ($19.4M), and Italy ($18M).

The fastest growing export markets for Photographic Chemicals of Belgium between 2021 and 2022 were Israel ($2.29M), Austria ($2.24M), and Italy ($1.64M).

Imports In 2022, Belgium imported $111M in Photographic Chemicals, becoming the 10th largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 489th most imported product in Belgium. Belgium imports Photographic Chemicals primarily from: Japan ($45.3M), United States ($34.5M), Netherlands ($12.2M), Germany ($10.2M), and United Kingdom ($6.23M).

The fastest growing import markets in Photographic Chemicals for Belgium between 2021 and 2022 were United Kingdom ($916k), Netherlands ($528k), and China ($318k).

Latest Trends

January 2024

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Overview In January 2024 Belgium's Photographic Chemicals exports accounted up to €18.4M and imports accounted up to €5.33M, resulting in a positive trade balance of €13.1M. Between January 2023 and January 2024 the exports of Belgium's Photographic Chemicals have increased by €3.1M (20.2%) from €15.3M to €18.4M, while imports decreased by €-3.28M (-38.1%) from €8.61M to €5.33M.

Destinations In January 2024, Photographic Chemicals were exported mostly to South Korea (€5.65M), Germany (€2.77M), Italy (€1.5M), Ireland (€1.35M), and France (€1.14M), and were imported mostly from Japan (€2.72M), United States (€1.19M), Netherlands (€803k), Germany (€453k), and Italy (€54.4k).

Growth In January 2024, the increase in Photographic Chemicals's year-by-year exports was explained primarily by an increase in exports to United States (€970k or 141%), Israel (€496k or 47.2%), and France (€282k or 27.6%). In January 2024, the decrease in Photographic Chemicals's year-by-year imports was explained primarily by a decrease in imports from Japan (€-104k or -2.73%), France (€-55.9k or -85.3%), and Denmark (€-697 or -54.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€3.1M(20.2%)

IMPORT GROWTH (January 2023 - January 2024)€-3.28M(-38.1%)

MAIN DESTINATION (January 2024)South Korea€5.65M

This section shows Photographic Chemicals's exports and imports data at subnational level for Belgium. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Photographic Chemicals over time.

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