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2022
Exports $476kWorld Rnk 30 / 99
Flag Rnk 1140 / 1213
2022
Destination $67.1k United States
2021 - 2022
FASTEST GROWING MARKET $67.1kAustria
2022
PRODUCT COMPLEXITY IN Graphite-0.84Rnk 789 / 1025
2022
Imports $8.08MWorld Rnk 12 / 152
Flag Rnk 975 / 1214
2022
Origin $309k Madagascar
2021 - 2022
FASTEST GROWING ORIGIN $309kMozambique
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $476k in Graphite, making it the 30th largest exporter of Graphite in the world. At the same year, Graphite was the 1140th most exported product in Belgium. The main destination of Graphite exports from Belgium are: United States ($151k), Austria ($67.1k), Germany ($46.9k), India ($35.4k), and Romania ($32.3k).

The fastest growing export markets for Graphite of Belgium between 2021 and 2022 were Austria ($67.1k), United States ($59.3k), and Romania ($32.3k).

Imports In 2022, Belgium imported $8.08M in Graphite, becoming the 12th largest importer of Graphite in the world. At the same year, Graphite was the 975th most imported product in Belgium. Belgium imports Graphite primarily from: Madagascar ($1.97M), Brazil ($1.82M), China ($1.41M), Germany ($930k), and United States ($730k).

The fastest growing import markets in Graphite for Belgium between 2021 and 2022 were Mozambique ($309k), Madagascar ($186k), and Turkey ($59.7k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Graphite exports accounted up to €11.9k and imports accounted up to €445k, resulting in a negative trade balance of €433k. Between May 2023 and May 2024 the exports of Belgium's   Graphite have decreased by €-3.18k (-21.1%) from €15.1k to €11.9k, while imports decreased by €-55.7k (-11.1%) from €501k to €445k.

Destinations In May 2024, Graphite were exported mostly to China (€7k), Brazil (€3.99k), and Germany (€885), and were imported mostly from Brazil (€218k), China (€189k), Germany (€38.1k), and Czechia (€115).

Growth In May 2024, the decrease in Graphite's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-13.8k or -99.9%). In May 2024, the decrease in Graphite's year-by-year imports was explained primarily by a decrease in imports from Brazil (€-227k or -56.5%), Germany (€-73.2k or -72.7%), and Netherlands (€-33k or -87.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-3.18k(-21.1%)
IMPORT GROWTH (May 2023 - May 2024)€-55.7k(-11.1%)
MAIN DESTINATION (May 2024)China€7k

This section shows Graphite'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 Graphite over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$476k
IMPORTS (2022)$8.08M
NET TRADE (2022)-$7.61M

In 2022, Belgium exported $476k in Graphite. The main destinations of Belgium exports on Graphite were United States ($151k), Austria ($67.1k), Germany ($46.9k), India ($35.4k), and Romania ($32.3k).

In 2022, Belgium imported $8.08M in Graphite, mainly from Madagascar ($1.97M), Brazil ($1.82M), China ($1.41M), Germany ($930k), and United States ($730k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Graphite EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Austria$67.1k (1%)
United States$59.3k (65%)
Romania$32.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Graphite BY Belgium WERE (2021 - 2022):
Chinese Taipei-$113k (-100%)
Netherlands-$20k (-55.3%)
South Africa-$11.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Graphite were:
China $411M
Mozambique $83.9M
Madagascar $78.5M
In 2022, Belgium's main importing competitors in Graphite were:
United States $166M
South Korea $146M
Japan $97M

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Trade Value of Graphite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $130k
TOP IMPORT POTENTIALChina+ $498k

Graphite’s highest export potential is Germany. With an export gap of $130k.   Graphite’s highest import potential is China with an import gap of $498k.

See methodology.

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