Asphalt in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $124M in Asphalt, making it the 6th largest exporter of Asphalt in the world. At the same year, Asphalt was the 399th most exported product in Belgium. The main destination of Asphalt exports from Belgium are: Netherlands ($59.8M), Denmark ($14.1M), Luxembourg ($10M), France ($7.95M), and Sweden ($5.94M).

The fastest growing export markets for Asphalt of Belgium between 2021 and 2022 were Netherlands ($12.2M), Luxembourg ($2.4M), and Germany ($2.3M).

Imports In 2022, Belgium imported $43.3M in Asphalt, becoming the 11th largest importer of Asphalt in the world. At the same year, Asphalt was the 689th most imported product in Belgium. Belgium imports Asphalt primarily from: Italy ($10.6M), France ($9.46M), Germany ($9.46M), Netherlands ($7.36M), and Poland ($1.43M).

The fastest growing import markets in Asphalt for Belgium between 2021 and 2022 were France ($3.2M), Portugal ($946k), and Italy ($897k).

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

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Asphalt exports accounted up to €2.12M and imports accounted up to €623k, resulting in a positive trade balance of €1.5M. Between December 2022 and December 2023 the exports of Belgium's Asphalt have decreased by €-6.53M (-75.5%) from €8.66M to €2.12M, while imports decreased by €-3.58M (-85.2%) from €4.2M to €623k.

Destinations In December 2023, Asphalt were exported mostly to Netherlands (€759k), France (€299k), Luxembourg (€296k), Finland (€139k), and Denmark (€106k), and were imported mostly from Germany (€197k), France (€163k), Italy (€129k), Netherlands (€79.9k), and Poland (€33.8k).

Growth In December 2023, the decrease in Asphalt's year-by-year exports was explained primarily by a decrease in exports to Denmark (€-587k or -58.6%), Luxembourg (€-539k or -87.3%), and United Kingdom (€-229k or -65.9%). In December 2023, the decrease in Asphalt's year-by-year imports was explained primarily by a decrease in imports from France (€-590k or -71.3%), Italy (€-117k or -30.5%), and Slovakia (€-76.8k or -96.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-6.53M(-75.5%)

IMPORT GROWTH (December 2022 - December 2023)€-3.58M(-85.2%)

MAIN DESTINATION (December 2023)Netherlands€759k

This section shows Asphalt'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 Asphalt over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$124M

IMPORTS (2022)$43.3M

NET TRADE (2022)$80.5M

In 2022, Belgium exported $124M in Asphalt. The main destinations of Belgium exports on Asphalt were Netherlands ($59.8M), Denmark ($14.1M), Luxembourg ($10M), France ($7.95M), and Sweden ($5.94M).

In 2022, Belgium imported $43.3M in Asphalt, mainly from Italy ($10.6M), France ($9.46M), Germany ($9.46M), Netherlands ($7.36M), and Poland ($1.43M).

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