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2022
Exports $124MWorld Rnk 6 / 135
Flag Rnk 399 / 1213
2022
Destination $12.2M Netherlands
2021 - 2022
FASTEST GROWING MARKET $12.2MNetherlands
2022
PRODUCT COMPLEXITY IN Asphalt-0.09Rnk 576 / 1025
2022
Imports $43.3MWorld Rnk 11 / 213
Flag Rnk 689 / 1214
2022
Origin $3.2M Italy
2021 - 2022
FASTEST GROWING ORIGIN $3.2MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

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).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Asphalt exports accounted up to €7.05M and imports accounted up to €1.57M, resulting in a positive trade balance of €5.48M. Between August 2023 and August 2024 the exports of Belgium's   Asphalt have decreased by €-415k (-5.56%) from €7.47M to €7.05M, while imports increased by €520k (49.6%) from €1.05M to €1.57M.

Destinations In August 2024, Asphalt were exported mostly to Netherlands (€3.61M), France (€498k), Denmark (€480k), Luxembourg (€420k), and Finland (€387k), and were imported mostly from France (€673k), Netherlands (€373k), Germany (€178k), Italy (€138k), and Spain (€72.7k).

Growth In August 2024, 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 August 2024, the increase in Asphalt's year-by-year imports was explained primarily by an increase in imports from Germany (€64.9k or 41.9%), Austria (€26.8k or 163%), and Luxembourg (€929 or 180%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-415k(-5.56%)
IMPORT GROWTH (August 2023 - August 2024)€520k(49.6%)
MAIN DESTINATION (August 2024)Netherlands€3.61M

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
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).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$12.2M (25.7%)
Luxembourg$2.4M (31.6%)
Germany$2.3M (212%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Belgium WERE (2021 - 2022):
Norway-$4.98M (-78.6%)
France-$2.73M (-25.6%)
Denmark-$1.15M (-7.57%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Asphalt were:
United States $405M
Canada $373M
Italy $301M
In 2022, Belgium's main importing competitors in Asphalt were:
United States $422M
Canada $343M
Netherlands $125M

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $3.77M
TOP IMPORT POTENTIALGermany+ $2.28M

Asphalt’s highest export potential is France. With an export gap of $3.77M.   Asphalt’s highest import potential is Germany with an import gap of $2.28M.

See methodology.

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