Acetals and hemiacetals, derivatives in Belgium | The Observatory of Economic Complexity

About

The fastest growing export markets for Acetals and hemiacetals, derivatives of Belgium between 2021 and 2022 were South Korea ($252k), Malaysia ($175k), and Brazil ($170k).

Imports In 2022, Belgium imported $528k in Acetals and hemiacetals, derivatives, becoming the 23rd largest importer of Acetals and hemiacetals, derivatives in the world. At the same year, Acetals and hemiacetals, derivatives was the 4075th most imported product in Belgium. Belgium imports Acetals and hemiacetals, derivatives primarily from: Netherlands ($220k), Germany ($203k), Ireland ($20.7k), United Kingdom ($18.1k), and United States ($17.9k).

The fastest growing import markets in Acetals and hemiacetals, derivatives for Belgium between 2021 and 2022 were Netherlands ($72k), Italy ($2.22k), and United Kingdom ($1.3k).

COMPANIES In 2023, leading companies such as Volvo (2.59k), John Deere (1.86k), and Marelli Automotive Lighting (1.72k) were at the forefront of shipping Acetals and hemiacetals, derivatives from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Acetals and hemiacetals, derivatives exports accounted up to €87.4k and imports accounted up to €2.36k, resulting in a positive trade balance of €85.1k. Between May 2023 and May 2024 the exports of Belgium's Acetals and hemiacetals, derivatives have decreased by €-751k (-89.6%) from €839k to €87.4k, while imports decreased by €-18.9k (-88.9%) from €21.2k to €2.36k.

Destinations In May 2024, Acetals and hemiacetals, derivatives were exported mostly to Brazil (€38.9k), Switzerland (€23.8k), China (€11.9k), Czechia (€9.22k), and Bulgaria (€3.55k), and were imported mostly from China (€2.36k).

Growth In May 2024, the decrease in Acetals and hemiacetals, derivatives's year-by-year exports was explained primarily by a decrease in exports to Spain (€-191k or -76.4%), Italy (€-111k or -53.7%), and Austria (€-56.4k or -98.2%). In May 2024, the decrease in Acetals and hemiacetals, derivatives's year-by-year imports was explained primarily by a decrease in imports from France (€-5.96k or -98%) and Germany (€-59 or -61.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - May 2024)€-751k(-89.6%)

IMPORT GROWTH (May 2023 - May 2024)€-18.9k(-88.9%)

MAIN DESTINATION (May 2024)Brazil€38.9k

This section shows Acetals and hemiacetals, derivatives'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 Acetals and hemiacetals, derivatives over time.

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