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2022
Exports $5.2BWorld Rnk 13 / 210
Flag Rnk 12 / 96
2022
Destination $332M Germany
2021 - 2022
FASTEST GROWING MARKET $332MFrance
2022
PRODUCT COMPLEXITY IN Inorganic chemicals1.72Rnk 21 / 1025
2022
Imports $5.24BWorld Rnk 11 / 225
Flag Rnk 15 / 96
2022
Origin $404M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $404MTrinidad and Tobago
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $5.2B in Inorganic chemicals, making it the 13th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 12th most exported product in Belgium. The main destination of Inorganic chemicals exports from Belgium are: Germany ($937M), Netherlands ($853M), France ($822M), United States ($292M), and United Kingdom ($212M).

The fastest growing export markets for Inorganic chemicals of Belgium between 2021 and 2022 were France ($332M), Netherlands ($313M), and Germany ($287M).

Imports In 2022, Belgium imported $5.24B in Inorganic chemicals, becoming the 11th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 15th most imported product in Belgium. Belgium imports Inorganic chemicals primarily from: Netherlands ($621M), Germany ($621M), South Africa ($558M), Trinidad and Tobago ($507M), and Chile ($385M).

The fastest growing import markets in Inorganic chemicals for Belgium between 2021 and 2022 were Trinidad and Tobago ($404M), Chile ($194M), and Morocco ($105M).

COMPANIES In 2023, leading companies such as Pirelli Tires (3), TE Connectivity (2), and Baxter Healthcare (1) were at the forefront of shipping Inorganic chemicals from Belgium to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Inorganic chemicals exports accounted up to €305M and imports accounted up to €240M, resulting in a positive trade balance of €65.3M. Between July 2023 and July 2024 the exports of Belgium's   Inorganic chemicals have increased by €36.6M (13.6%) from €269M to €305M, while imports increased by €50M (26.3%) from €190M to €240M.

Destinations In July 2024, Inorganic chemicals were exported mostly to Netherlands (€51.5M), Germany (€41.7M), France (€39.8M), United States (€19.9M), and Norway (€15.8M), and were imported mostly from Chile (€51.1M), Germany (€40.4M), United States (€29M), Netherlands (€25.1M), and France (€12.9M).

Growth In July 2024, the increase in Inorganic chemicals's year-by-year exports was explained primarily by an increase in exports to Germany (€27.4M or 42.3%), France (€21.1M or 43.2%), and United Kingdom (€15.6M or 108%). In July 2024, the increase in Inorganic chemicals's year-by-year imports was explained primarily by an increase in imports from Germany (€33.7M or 98.3%), Netherlands (€18.3M or 53.2%), and United States (€6.53M or 63.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€36.6M(13.6%)
IMPORT GROWTH (July 2023 - July 2024)€50M(26.3%)
MAIN DESTINATION (July 2024)Netherlands€51.5M

This section shows Inorganic chemicals'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 Inorganic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.2B
IMPORTS (2022)$5.24B
NET TRADE (2022)-$33.1M

In 2022, Belgium exported $5.2B in Inorganic chemicals. The main destinations of Belgium exports on Inorganic chemicals were Germany ($937M), Netherlands ($853M), France ($822M), United States ($292M), and United Kingdom ($212M).

In 2022, Belgium imported $5.24B in Inorganic chemicals, mainly from Netherlands ($621M), Germany ($621M), South Africa ($558M), Trinidad and Tobago ($507M), and Chile ($385M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$332M (67.8%)
Netherlands$313M (58%)
Germany$287M (44.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Belgium WERE (2021 - 2022):
Hong Kong-$6.83M (-44.5%)
Thailand-$5.88M (-36.3%)
South Africa-$4.28M (-35.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Inorganic chemicals were:
China $33.7B
United States $17B
Germany $15.3B
In 2022, Belgium's main importing competitors in Inorganic chemicals were:
China $21.7B
United States $20B
South Korea $13B

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $216M
TOP IMPORT POTENTIALGermany+ $159M

Inorganic chemicals’s highest export potential is Germany. With an export gap of $216M.   Inorganic chemicals’s highest import potential is Germany with an import gap of $159M.

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