2023
Exports
$2.42BWorld Rnk 11 / 175
Flag Rnk 35 / 96
2023
PRODUCT COMPLEXITY IN Fertilizers
-0.92Rnk 808 / 1025
2023
Imports
$1.05BWorld Rnk 24 / 221
Flag Rnk 48 / 96
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $2.42B in Fertilizers, making it the 11th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 35th most exported product in Belgium. The main destination of Fertilizers exports from Belgium are: France ($661M), Netherlands ($274M), Germany ($266M), Spain ($180M), and China ($137M).

The fastest growing export markets for Fertilizers of Belgium between 2022 and 2023 were China ($72.5M), Mozambique ($9.1M), and Egypt ($6.59M).

Imports In 2023, Belgium imported $1.05B in Fertilizers, becoming the 24th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 48th most imported product in Belgium. Belgium imports Fertilizers primarily from: Canada ($268M), Netherlands ($214M), Germany ($144M), France ($67.4M), and United States ($60.8M).

The fastest growing import markets in Fertilizers for Belgium between 2022 and 2023 were Morocco ($12.6M), Nigeria ($6.42M), and Uzbekistan ($5.45M).

COMPANIES In 2023, leading companies such as Barry Callebaut (24), TE Connectivity (2), and Volvo (2) were at the forefront of shipping Fertilizers from Belgium to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€29.6M(28%)
IMPORT GROWTH (November 2023 - November 2024)€7.27M(13.6%)
MAIN DESTINATION (November 2024)France€36.8M

This section shows Fertilizers'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 Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.42B
IMPORTS (2023)$1.05B
NET TRADE (2023)$1.36B

In 2023, Belgium exported $2.42B in Fertilizers. The main destinations of Belgium exports on Fertilizers were France ($661M), Netherlands ($274M), Germany ($266M), Spain ($180M), and China ($137M).

In 2023, Belgium imported $1.05B in Fertilizers, mainly from Canada ($268M), Netherlands ($214M), Germany ($144M), France ($67.4M), and United States ($60.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
China$72.5M (113%)
Mozambique$9.1M (3.28k%)
Egypt$6.59M (32.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Belgium WERE (2022 - 2023):
France-$464M (-41.3%)
Germany-$200M (-42.9%)
United States-$86.2M (-53.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, Belgium's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $191M
TOP IMPORT POTENTIALGermany+ $85.1M

Fertilizers’s highest export potential is Germany. With an export gap of $191M.   Fertilizers’s highest import potential is Germany with an import gap of $85.1M.

See methodology.

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