Fertilizers in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $3.75B in Fertilizers, making it the 10th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 22nd most exported product in Belgium. The main destination of Fertilizers exports from Belgium are: France ($1.02B), Germany ($455M), Netherlands ($384M), Spain ($269M), and United Kingdom ($149M).

The fastest growing export markets for Fertilizers of Belgium between 2021 and 2022 were France ($333M), Germany ($192M), and Spain ($80.7M).

Imports In 2022, Belgium imported $2.19B in Fertilizers, becoming the 16th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 38th most imported product in Belgium. Belgium imports Fertilizers primarily from: Netherlands ($483M), Canada ($403M), Germany ($376M), United States ($175M), and Russia ($92.3M).

The fastest growing import markets in Fertilizers for Belgium between 2021 and 2022 were Canada ($264M), United States ($161M), and Germany ($148M).

COMPANIES In 2023, leading companies such as BARRY CALLEBAUT USA LLC (546) and TE CONNECTIVITY CORPORATION (44) were at the forefront of shipping Fertilizers from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Fertilizers exports accounted up to €123M and imports accounted up to €84.9M, resulting in a positive trade balance of €38.5M. Between December 2022 and December 2023 the exports of Belgium's Fertilizers have decreased by €-82.2M (-40%) from €206M to €123M, while imports decreased by €-67.9M (-44.4%) from €153M to €84.9M.

Destinations In December 2023, Fertilizers were exported mostly to France (€31.3M), Spain (€15.8M), Netherlands (€14.1M), Germany (€12.5M), and Poland (€6.32M), and were imported mostly from Canada (€30.9M), Netherlands (€13.4M), Germany (€5.75M), Morocco (€5.65M), and France (€5.25M).

Growth In December 2023, the decrease in Fertilizers's year-by-year exports was explained primarily by a decrease in exports to France (€-21.7M or -33.9%), United Kingdom (€-10.5M or -47.3%), and United States (€-8.94M or -69.5%). In December 2023, the decrease in Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-31.3M or -64.8%), Russia (€-11.3M or -66.5%), and France (€-4.35M or -73.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-82.2M(-40%)

IMPORT GROWTH (December 2022 - December 2023)€-67.9M(-44.4%)

MAIN DESTINATION (December 2023)France€31.3M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.75B

IMPORTS (2022)$2.19B

NET TRADE (2022)$1.56B

In 2022, Belgium exported $3.75B in Fertilizers. The main destinations of Belgium exports on Fertilizers were France ($1.02B), Germany ($455M), Netherlands ($384M), Spain ($269M), and United Kingdom ($149M).

In 2022, Belgium imported $2.19B in Fertilizers, mainly from Netherlands ($483M), Canada ($403M), Germany ($376M), United States ($175M), and Russia ($92.3M).

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