Acyclic Hydrocarbons in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $1B in Acyclic Hydrocarbons, making it the 6th largest exporter of Acyclic Hydrocarbons in the world. At the same year, Acyclic Hydrocarbons was the 75th most exported product in Belgium. The main destination of Acyclic Hydrocarbons exports from Belgium are: Netherlands ($245M), Germany ($198M), France ($127M), Saudi Arabia ($102M), and United Kingdom ($54.1M).

The fastest growing export markets for Acyclic Hydrocarbons of Belgium between 2021 and 2022 were Sweden ($27.9M), Switzerland ($18M), and South Korea ($13.9M).

Imports In 2022, Belgium imported $3.29B in Acyclic Hydrocarbons, becoming the 2nd largest importer of Acyclic Hydrocarbons in the world. At the same year, Acyclic Hydrocarbons was the 20th most imported product in Belgium. Belgium imports Acyclic Hydrocarbons primarily from: Netherlands ($1.03B), United States ($965M), Germany ($331M), United Kingdom ($279M), and Norway ($154M).

The fastest growing import markets in Acyclic Hydrocarbons for Belgium between 2021 and 2022 were United States ($488M), Finland ($102M), and Norway ($32.1M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Acyclic Hydrocarbons from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Acyclic Hydrocarbons exports accounted up to €49.9M and imports accounted up to €178M, resulting in a negative trade balance of €128M. Between December 2022 and December 2023 the exports of Belgium's Acyclic Hydrocarbons have decreased by €-3.68M (-6.87%) from €53.6M to €49.9M, while imports decreased by €-196k (-0.11%) from €178M to €178M.

Destinations In December 2023, Acyclic Hydrocarbons were exported mostly to Germany (€22.3M), Netherlands (€10.7M), Saudi Arabia (€6.59M), France (€3M), and United Kingdom (€1.41M), and were imported mostly from Netherlands (€77.2M), United States (€38.3M), United Kingdom (€25.4M), Germany (€11.3M), and France (€9.88M).

Growth In December 2023, the decrease in Acyclic Hydrocarbons's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-7.11M or -26.7%), France (€-4.56M or -50.1%), and Poland (€-2.81M or -95.3%). In December 2023, the decrease in Acyclic Hydrocarbons's year-by-year imports was explained primarily by a decrease in imports from United States (€-41.2M or -50.6%), Netherlands (€-19.7M or -43.9%), and France (€-4.37M or -91.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-3.68M(-6.87%)

IMPORT GROWTH (December 2022 - December 2023)€-196k(-0.11%)

MAIN DESTINATION (December 2023)Germany€22.3M

This section shows Acyclic Hydrocarbons'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 Acyclic Hydrocarbons over time.

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