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2022
Exports $2.36MWorld Rnk 17 / 79
Flag Rnk 1038 / 1213
2022
Destination $375k France
2021 - 2022
FASTEST GROWING MARKET $375kCzechia
2022
Imports $4.31MWorld Rnk 15 / 156
Flag Rnk 1052 / 1214
2022
Origin $288k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $288kChina
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $2.36M in Magnesium Hydroxide and Peroxide, making it the 17th largest exporter of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 1038th most exported product in Belgium. The main destination of Magnesium Hydroxide and Peroxide exports from Belgium are: France ($562k), Sweden ($505k), Czechia ($377k), Italy ($325k), and Netherlands ($180k).

The fastest growing export markets for Magnesium Hydroxide and Peroxide of Belgium between 2021 and 2022 were Czechia ($375k), Netherlands ($160k), and Sweden ($79.7k).

Imports In 2022, Belgium imported $4.31M in Magnesium Hydroxide and Peroxide, becoming the 15th largest importer of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 1052nd most imported product in Belgium. Belgium imports Magnesium Hydroxide and Peroxide primarily from: Netherlands ($1.48M), Israel ($1.31M), China ($955k), Germany ($297k), and France ($97.6k).

The fastest growing import markets in Magnesium Hydroxide and Peroxide for Belgium between 2021 and 2022 were China ($288k), Austria ($16.6k), and France ($11.5k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Magnesium Hydroxide and Peroxide exports accounted up to €23.8k and imports accounted up to €135k, resulting in a negative trade balance of €111k. Between August 2023 and August 2024 the exports of Belgium's   Magnesium Hydroxide and Peroxide have decreased by €-82.6k (-77.6%) from €106k to €23.8k, while imports increased by €92.1k (215%) from €42.8k to €135k.

Destinations In August 2024, Magnesium Hydroxide and Peroxide were exported mostly to Areas (€9.96k), Panama (€9.07k), India (€2.69k), Czechia (€459), and United States (€394), and were imported mostly from China (€85.4k), France (€26.4k), Netherlands (€16.4k), Germany (€5.12k), and Spain (€1.64k).

Growth In August 2024, the decrease in Magnesium Hydroxide and Peroxide's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-29.3k or -98.8%), France (€-1.85k or -89.1%), and Canada (€-220 or -81.5%). In August 2024, the increase in Magnesium Hydroxide and Peroxide's year-by-year imports was explained primarily by an increase in imports from Netherlands (€54.7k or 52%), France (€49.7k or 599%), and Germany (€23.7k or 113%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-82.6k(-77.6%)
IMPORT GROWTH (August 2023 - August 2024)€92.1k(215%)
MAIN DESTINATION (August 2024)Areas€9.96k

This section shows Magnesium Hydroxide and Peroxide'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 Magnesium Hydroxide and Peroxide over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.36M
IMPORTS (2022)$4.31M
NET TRADE (2022)-$1.95M

In 2022, Belgium exported $2.36M in Magnesium Hydroxide and Peroxide. The main destinations of Belgium exports on Magnesium Hydroxide and Peroxide were France ($562k), Sweden ($505k), Czechia ($377k), Italy ($325k), and Netherlands ($180k).

In 2022, Belgium imported $4.31M in Magnesium Hydroxide and Peroxide, mainly from Netherlands ($1.48M), Israel ($1.31M), China ($955k), Germany ($297k), and France ($97.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Hydroxide and Peroxide EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Czechia$375k (16.5k%)
Netherlands$160k (785%)
Sweden$79.7k (18.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Hydroxide and Peroxide BY Belgium WERE (2021 - 2022):
France-$117k (-17.2%)
Chinese Taipei-$74k (-97.8%)
Germany-$56.7k (-33.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Magnesium Hydroxide and Peroxide were:
China $58.1M
Russia $49.1M
Netherlands $35.4M
In 2022, Belgium's main importing competitors in Magnesium Hydroxide and Peroxide were:
United States $33.1M
China $29.1M
South Korea $25.2M

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Trade Value of Magnesium Hydroxide and Peroxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $171k
TOP IMPORT POTENTIALGermany+ $237k

Magnesium Hydroxide and Peroxide’s highest export potential is Germany. With an export gap of $171k.   Magnesium Hydroxide and Peroxide’s highest import potential is Germany with an import gap of $237k.

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