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2022
Exports $203MWorld Rnk 11 / 141
Flag Rnk 298 / 1213
2022
Destination $7.65M Japan
2021 - 2022
FASTEST GROWING MARKET $7.65MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Sulfates-0.37Rnk 666 / 1025
2022
Imports $659MWorld Rnk 3 / 208
Flag Rnk 145 / 1214
2022
Origin $9.03M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $9.03MSouth Africa
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $203M in Sulfates, making it the 11th largest exporter of Sulfates in the world. At the same year, Sulfates was the 298th most exported product in Belgium. The main destination of Sulfates exports from Belgium are: Japan ($47.6M), Germany ($22.7M), France ($17.4M), Canada ($14.6M), and Italy ($12.8M).

The fastest growing export markets for Sulfates of Belgium between 2021 and 2022 were United Kingdom ($7.65M), France ($4.25M), and Germany ($4.11M).

Imports In 2022, Belgium imported $659M in Sulfates, becoming the 3rd largest importer of Sulfates in the world. At the same year, Sulfates was the 145th most imported product in Belgium. Belgium imports Sulfates primarily from: South Africa ($519M), Germany ($43.8M), Sweden ($23.1M), Netherlands ($14.5M), and Poland ($10.8M).

The fastest growing import markets in Sulfates for Belgium between 2021 and 2022 were South Africa ($9.03M), Germany ($8.96M), and Sweden ($8.56M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (1) were at the forefront of shipping Sulfates from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Sulfates exports accounted up to €2.16M and imports accounted up to €2.98M, resulting in a negative trade balance of €815k. Between May 2023 and May 2024 the exports of Belgium's   Sulfates have decreased by €-10.5M (-82.9%) from €12.7M to €2.16M, while imports decreased by €-9.96M (-77%) from €12.9M to €2.98M.

Destinations In May 2024, Sulfates were exported mostly to Germany (€1.32M), Brazil (€251k), Canada (€175k), Czechia (€126k), and Switzerland (€121k), and were imported mostly from Germany (€2.75M), China (€137k), Austria (€40k), Bulgaria (€31.5k), and Czechia (€15.1k).

Growth In May 2024, the decrease in Sulfates's year-by-year exports was explained primarily by a decrease in exports to Philippines (€-1.69M or -73.2%), Canada (€-539k or -33.5%), and Finland (€-345k or -98.8%). In May 2024, the decrease in Sulfates's year-by-year imports was explained primarily by a decrease in imports from India (€-641k or -79.3%), Poland (€-370k or -50.1%), and Italy (€-176k or -76.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-10.5M(-82.9%)
IMPORT GROWTH (May 2023 - May 2024)€-9.96M(-77%)
MAIN DESTINATION (May 2024)Germany€1.32M

This section shows Sulfates'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 Sulfates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$203M
IMPORTS (2022)$659M
NET TRADE (2022)-$456M

In 2022, Belgium exported $203M in Sulfates. The main destinations of Belgium exports on Sulfates were Japan ($47.6M), Germany ($22.7M), France ($17.4M), Canada ($14.6M), and Italy ($12.8M).

In 2022, Belgium imported $659M in Sulfates, mainly from South Africa ($519M), Germany ($43.8M), Sweden ($23.1M), Netherlands ($14.5M), and Poland ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sulfates EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United Kingdom$7.65M (435%)
France$4.25M (32.4%)
Germany$4.11M (22.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfates BY Belgium WERE (2021 - 2022):
Philippines-$4.22M (-50.5%)
Brazil-$763k (-21.8%)
Spain-$649k (-28.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Sulfates were:
China $1.65B
Chinese Taipei $580M
South Africa $563M
In 2022, Belgium's main importing competitors in Sulfates were:
Japan $860M
China $672M

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Trade Value of Sulfates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9.16M
TOP IMPORT POTENTIALGermany+ $16.4M

Sulfates’s highest export potential is Germany. With an export gap of $9.16M.   Sulfates’s highest import potential is Germany with an import gap of $16.4M.

See methodology.

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