2022
Exports
$1.04BWorld Rnk 12 / 203
Flag Rnk 47 / 96
2022
PRODUCT COMPLEXITY IN Glues, starches, & albuminoid products
1.14Rnk 119 / 1025
2022
Imports
$734MWorld Rnk 19 / 224
Flag Rnk 60 / 96
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $1.04B in Glues, starches, & albuminoid products, making it the 12th largest exporter of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 47th most exported product in Belgium. The main destination of Glues, starches, & albuminoid products exports from Belgium are: Germany ($176M), Netherlands ($154M), France ($133M), United States ($75.2M), and Poland ($52.3M).

The fastest growing export markets for Glues, starches, & albuminoid products of Belgium between 2021 and 2022 were Germany ($9.55M), Spain ($8.45M), and United Kingdom ($7.26M).

Imports In 2022, Belgium imported $734M in Glues, starches, & albuminoid products, becoming the 19th largest importer of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 60th most imported product in Belgium. Belgium imports Glues, starches, & albuminoid products primarily from: Netherlands ($211M), France ($135M), Germany ($105M), United States ($58.9M), and Denmark ($52.7M).

The fastest growing import markets in Glues, starches, & albuminoid products for Belgium between 2021 and 2022 were France ($24.3M), United States ($14.6M), and Netherlands ($13.6M).

COMPANIES In 2023, leading companies such as DuPont (16), Baxter Healthcare (15), and Volvo (5) were at the forefront of shipping Glues, starches, & albuminoid products from Belgium to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-1.43M(-2.03%)
IMPORT GROWTH (July 2023 - July 2024)€-2.54M(-6.15%)
MAIN DESTINATION (July 2024)Germany€13.7M

This section shows Glues, starches, & albuminoid products'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 Glues, starches, & albuminoid products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.04B
IMPORTS (2022)$734M
NET TRADE (2022)$301M

In 2022, Belgium exported $1.04B in Glues, starches, & albuminoid products. The main destinations of Belgium exports on Glues, starches, & albuminoid products were Germany ($176M), Netherlands ($154M), France ($133M), United States ($75.2M), and Poland ($52.3M).

In 2022, Belgium imported $734M in Glues, starches, & albuminoid products, mainly from Netherlands ($211M), France ($135M), Germany ($105M), United States ($58.9M), and Denmark ($52.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues, starches, & albuminoid products EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$9.55M (5.73%)
Spain$8.45M (32%)
United Kingdom$7.26M (17.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues, starches, & albuminoid products BY Belgium WERE (2021 - 2022):
Russia-$11.3M (-53.5%)
Italy-$9.2M (-26.3%)
Finland-$5.47M (-36.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Glues, starches, & albuminoid products were:
In 2022, Belgium's main importing competitors in Glues, starches, & albuminoid products were:

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Trade Value of Glues, starches, & albuminoid products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $76.6M
TOP IMPORT POTENTIALGermany+ $61.3M

Glues, starches, & albuminoid products’s highest export potential is Germany. With an export gap of $76.6M.   Glues, starches, & albuminoid products’s highest import potential is Germany with an import gap of $61.3M.

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