Ethylene Polymers in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $4.62B in Ethylene Polymers, making it the 7th largest exporter of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 11th most exported product in Belgium. The main destination of Ethylene Polymers exports from Belgium are: Germany ($937M), France ($616M), Italy ($515M), United Kingdom ($337M), and Poland ($284M).

The fastest growing export markets for Ethylene Polymers of Belgium between 2021 and 2022 were France ($91.1M), Norway ($20M), and Italy ($16.1M).

Imports In 2022, Belgium imported $3.72B in Ethylene Polymers, becoming the 6th largest importer of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 16th most imported product in Belgium. Belgium imports Ethylene Polymers primarily from: United States ($1.41B), Netherlands ($471M), Saudi Arabia ($296M), Germany ($259M), and United Kingdom ($209M).

The fastest growing import markets in Ethylene Polymers for Belgium between 2021 and 2022 were United States ($337M), South Korea ($36.4M), and Brazil ($23M).

COMPANIES In 2023, leading companies such as THE DOW CHEMICAL COMPANY (1.51k) and DUPONT SPECIALTY PRODUCTS USA, LLC (23) were at the forefront of shipping Ethylene Polymers from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Ethylene Polymers exports accounted up to €174M and imports accounted up to €86.3M, resulting in a positive trade balance of €88.1M. Between December 2022 and December 2023 the exports of Belgium's Ethylene Polymers have decreased by €-88.1M (-33.6%) from €262M to €174M, while imports decreased by €-50.7M (-37%) from €137M to €86.3M.

Destinations In December 2023, Ethylene Polymers were exported mostly to Germany (€34.7M), France (€20M), Italy (€16.4M), Netherlands (€12.5M), and United Kingdom (€10.2M), and were imported mostly from United States (€29.3M), Netherlands (€13.3M), Saudi Arabia (€12.4M), Germany (€7.89M), and France (€6.57M).

Growth In December 2023, the decrease in Ethylene Polymers's year-by-year exports was explained primarily by a decrease in exports to China (€-5.56M or -40.4%), Turkey (€-2.77M or -38.2%), and Russia (€-2.64M or -87.9%). In December 2023, the decrease in Ethylene Polymers's year-by-year imports was explained primarily by a decrease in imports from United States (€-18.8M or -30.6%), France (€-6.6M or -43.9%), and South Korea (€-4.24M or -84.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-88.1M(-33.6%)

IMPORT GROWTH (December 2022 - December 2023)€-50.7M(-37%)

MAIN DESTINATION (December 2023)Germany€34.7M

This section shows Ethylene Polymers'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 Ethylene Polymers over time.

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