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2022
Exports $183MWorld Rnk 10 / 116
Flag Rnk 319 / 1213
2022
Destination $22.4M Germany
2021 - 2022
FASTEST GROWING MARKET $22.4MGermany
2022
PRODUCT COMPLEXITY IN Carboxyamide Compounds0.99Rnk 177 / 1025
2022
Imports $244MWorld Rnk 13 / 186
Flag Rnk 320 / 1214
2022
Origin $22.2M China
2021 - 2022
FASTEST GROWING ORIGIN $22.2MGermany
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $183M in Carboxyamide Compounds, making it the 10th largest exporter of Carboxyamide Compounds in the world. At the same year, Carboxyamide Compounds was the 319th most exported product in Belgium. The main destination of Carboxyamide Compounds exports from Belgium are: Germany ($49.4M), France ($36.2M), United States ($22.5M), Italy ($20.8M), and Ireland ($7.26M).

The fastest growing export markets for Carboxyamide Compounds of Belgium between 2021 and 2022 were Germany ($22.4M), United States ($9.18M), and Italy ($9.14M).

Imports In 2022, Belgium imported $244M in Carboxyamide Compounds, becoming the 13th largest importer of Carboxyamide Compounds in the world. At the same year, Carboxyamide Compounds was the 320th most imported product in Belgium. Belgium imports Carboxyamide Compounds primarily from: China ($54.5M), Germany ($50.3M), India ($29.6M), United States ($29.1M), and France ($19.8M).

The fastest growing import markets in Carboxyamide Compounds for Belgium between 2021 and 2022 were Germany ($22.2M), Switzerland ($4.77M), and China ($4.04M).

COMPANIES In 2023, leading companies such as Volvo (8) were at the forefront of shipping Carboxyamide Compounds from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Carboxyamide Compounds exports accounted up to €296k and imports accounted up to €6.03M, resulting in a negative trade balance of €5.73M. Between May 2023 and May 2024 the exports of Belgium's   Carboxyamide Compounds have decreased by €-6.84M (-95.8%) from €7.13M to €296k, while imports decreased by €-2.78M (-31.5%) from €8.8M to €6.03M.

Destinations In May 2024, Carboxyamide Compounds were exported mostly to Switzerland (€112k), Colombia (€105k), Austria (€67.7k), Czechia (€4.44k), and Canada (€2.48k), and were imported mostly from Switzerland (€3.93M), China (€2.02M), Czechia (€74.8k), and Austria (€159).

Growth In May 2024, the decrease in Carboxyamide Compounds's year-by-year exports was explained primarily by a decrease in exports to United States (€-3.86M or -71.1%), Germany (€-3.57M or -54%), and Japan (€-1.07M or -100%). In May 2024, the decrease in Carboxyamide Compounds's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia (€-346k or -76.7%), Switzerland (€-267k or -99.1%), and United States (€-262k or -14.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-6.84M(-95.8%)
IMPORT GROWTH (May 2023 - May 2024)€-2.78M(-31.5%)
MAIN DESTINATION (May 2024)Switzerland€112k

This section shows Carboxyamide Compounds'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 Carboxyamide Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$183M
IMPORTS (2022)$244M
NET TRADE (2022)-$60.8M

In 2022, Belgium exported $183M in Carboxyamide Compounds. The main destinations of Belgium exports on Carboxyamide Compounds were Germany ($49.4M), France ($36.2M), United States ($22.5M), Italy ($20.8M), and Ireland ($7.26M).

In 2022, Belgium imported $244M in Carboxyamide Compounds, mainly from China ($54.5M), Germany ($50.3M), India ($29.6M), United States ($29.1M), and France ($19.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxyamide Compounds EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$22.4M (82.9%)
United States$9.18M (68.8%)
Italy$9.14M (78.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxyamide Compounds BY Belgium WERE (2021 - 2022):
Luxembourg-$4.75M (-90.8%)
India-$3.04M (-61.4%)
Guatemala-$2.13M (-96.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Carboxyamide Compounds were:
China $3.52B
Switzerland $1.27B
India $974M
In 2022, Belgium's main importing competitors in Carboxyamide Compounds were:
United States $1.62B
Germany $1.09B
China $559M

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Trade Value of Carboxyamide Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $17.8M
TOP IMPORT POTENTIALGermany+ $12M

Carboxyamide Compounds’s highest export potential is Germany. With an export gap of $17.8M.   Carboxyamide Compounds’s highest import potential is Germany with an import gap of $12M.

See methodology.

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