Overview: In July 2020 Belgium's Organic chemicals exports accounted up to €4.52B and imports accounted up to €3.83B, resulting in a positive trade balance of €693M. Between July 2019 and July 2020 the exports of Belgium's Organic chemicals have decreased by €-190M (-4.03%) from €4.71B to €4.52B, while imports decreased by €-581M (-13.2%) from €4.41B to €3.83B.
Destinations: In July 2020 Organic chemicals exported mostly to India (€665M), United States (€546M), Brazil (€272M), Japan (€255M), and South Korea (€239M), and imported mostly from South Korea (€683M), Japan (€387M), Saudi Arabia (€357M), Taiwan (€330M), and India (€244M).
Growth: In July 2020, the decrease in Organic chemicals's year-by-year exports was explained primarily by a decrease in exports to India (€-83.6M or -11.2%), Japan (€-46.4M or -15.4%), and South Korea (€-38.3M or -13.8%). In July 2020, the decrease in Organic chemicals's year-by-year imports was explained primarily by a decrease in imports from South Korea (€-167M or -19.7%), Saudi Arabia (€-159M or -30.8%), and Taiwan (€-92.8M or -22%).