Iodine in Belgium | The Observatory of Economic Complexity

About

Imports In 2022, Belgium imported $291M in Iodine, becoming the 2nd largest importer of Iodine in the world. At the same year, Iodine was the 280th most imported product in Belgium. Belgium imports Iodine primarily from: Chile ($280M), Brazil ($9.22M), France ($727k), Netherlands ($380k), and China ($80.9k).

The fastest growing import markets in Iodine for Belgium between 2021 and 2022 were Chile ($158M), Brazil ($4.97M), and Netherlands ($322k).

COMPANIES In 2023, leading companies such as Volvo (2.59k), John Deere (1.86k), and Marelli Automotive Lighting (1.72k) were at the forefront of shipping Iodine from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Iodine exports accounted up to €2.37M and imports accounted up to €9.88M, resulting in a negative trade balance of €7.51M. Between May 2023 and May 2024 the exports of Belgium's Iodine have decreased by €-36.1M (-93.8%) from €38.5M to €2.37M, while imports decreased by €-11.4M (-53.5%) from €21.3M to €9.88M.

Destinations In May 2024, Iodine were exported mostly to Germany (€2M), United Arab Emirates (€336k), Bulgaria (€35.8k), Austria (€1.21k), and Czechia (€753), and were imported mostly from Chile (€8.62M), Brazil (€1.25M), and Germany (€9.83k).

Growth In May 2024, the decrease in Iodine's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-1.92M or -80.9%), Netherlands (€-939k or -99.9%), and Italy (€-623k or -99.9%). In May 2024, the decrease in Iodine's year-by-year imports was explained primarily by a decrease in imports from Germany (€-12.6k or -94%), Japan (€-8.15k or -94.6%), and Netherlands (€-269 or -92.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - May 2024)€-36.1M(-93.8%)

IMPORT GROWTH (May 2023 - May 2024)€-11.4M(-53.5%)

MAIN DESTINATION (May 2024)Germany€2M

This section shows Iodine'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 Iodine over time.

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