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2022
Exports $2.43BWorld Rnk 4 / 134
Flag Rnk 23 / 1213
2022
Destination $225M Netherlands
2021 - 2022
FASTEST GROWING MARKET $225MPanama
2022
PRODUCT COMPLEXITY IN Coal Tar Oil0.053Rnk 533 / 1025
2022
Imports $4.66BWorld Rnk 2 / 188
Flag Rnk 12 / 1214
2022
Origin $719M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $719MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $2.43B in Coal Tar Oil, making it the 4th largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 23rd most exported product in Belgium. The main destination of Coal Tar Oil exports from Belgium are: Netherlands ($1.31B), Panama ($225M), Germany ($148M), Gibraltar ($121M), and United States ($112M).

The fastest growing export markets for Coal Tar Oil of Belgium between 2021 and 2022 were Panama ($225M), Netherlands ($225M), and Gibraltar ($120M).

Imports In 2022, Belgium imported $4.66B in Coal Tar Oil, becoming the 2nd largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 12th most imported product in Belgium. Belgium imports Coal Tar Oil primarily from: Netherlands ($1.75B), Germany ($870M), United Kingdom ($447M), Finland ($262M), and France ($226M).

The fastest growing import markets in Coal Tar Oil for Belgium between 2021 and 2022 were Netherlands ($719M), Finland ($184M), and Poland ($80.1M).

COMPANIES In 2023, leading companies such as Halyard Health (2) were at the forefront of shipping Coal Tar Oil from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Coal Tar Oil exports accounted up to €11.8M and imports accounted up to €36M, resulting in a negative trade balance of €24.2M. Between May 2023 and May 2024 the exports of Belgium's   Coal Tar Oil have decreased by €-250M (-95.5%) from €262M to €11.8M, while imports decreased by €-143M (-80%) from €179M to €36M.

Destinations In May 2024, Coal Tar Oil were exported mostly to Germany (€11.5M), Austria (€84.9k), China (€47.2k), Czechia (€42.9k), and Switzerland (€34.2k), and were imported mostly from Germany (€32.9M) and Canada (€3.09M).

Growth In May 2024, the decrease in Coal Tar Oil's year-by-year exports was explained primarily by a decrease in exports to France (€-3.05M or -50%), Spain (€-2.55M or -76.5%), and Ireland (€-2.4M or -92.3%). In May 2024, the decrease in Coal Tar Oil's year-by-year imports was explained primarily by a decrease in imports from Russia (€-33.3M or -97.1%), France (€-17.3M or -100%), and United Kingdom (€-16.3M or -45.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-250M(-95.5%)
IMPORT GROWTH (May 2023 - May 2024)€-143M(-80%)
MAIN DESTINATION (May 2024)Germany€11.5M

This section shows Coal Tar Oil'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 Coal Tar Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.43B
IMPORTS (2022)$4.66B
NET TRADE (2022)-$2.23B

In 2022, Belgium exported $2.43B in Coal Tar Oil. The main destinations of Belgium exports on Coal Tar Oil were Netherlands ($1.31B), Panama ($225M), Germany ($148M), Gibraltar ($121M), and United States ($112M).

In 2022, Belgium imported $4.66B in Coal Tar Oil, mainly from Netherlands ($1.75B), Germany ($870M), United Kingdom ($447M), Finland ($262M), and France ($226M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coal Tar Oil EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Panama$225M (1%)
Netherlands$225M (20.7%)
Gibraltar$120M (12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Tar Oil BY Belgium WERE (2021 - 2022):
Cyprus-$32.8M (-42.1%)
Turkey-$26.2M (-63.4%)
United Kingdom-$23.4M (-39.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Coal Tar Oil were:
Netherlands $5.47B
Germany $2.81B
United States $2.68B
In 2022, Belgium's main importing competitors in Coal Tar Oil were:
Netherlands $6.91B
United States $3.03B

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Trade Value of Coal Tar Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $98.4M
TOP IMPORT POTENTIALFrance+ $68.3M

Coal Tar Oil’s highest export potential is Germany. With an export gap of $98.4M.   Coal Tar Oil’s highest import potential is France with an import gap of $68.3M.

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