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2022
ExportsfalseWorld Rnk 12 / 151
Flag Rnk 31 / 1213
2021 - 2022
FASTEST GROWING MARKET $312MFrance
2022
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers-1.29Rnk 905 / 1025
2022
Origin $88.3M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $88.3MUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $1.93B in Nitrogenous Fertilizers, making it the 12th largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 31st most exported product in Belgium. The main destination of Nitrogenous Fertilizers exports from Belgium are: France ($654M), Germany ($315M), Netherlands ($175M), United Kingdom ($121M), and United States ($100M).

The fastest growing export markets for Nitrogenous Fertilizers of Belgium between 2021 and 2022 were France ($312M), Germany ($210M), and United States ($57.5M).

The fastest growing import markets in Nitrogenous Fertilizers for Belgium between 2021 and 2022 were United States ($88.3M), Egypt ($78.8M), and Trinidad and Tobago ($67M).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Nitrogenous Fertilizers exports accounted up to €1.57M and imports accounted up to €101k, resulting in a positive trade balance of €1.47M. Between May 2023 and May 2024 the exports of Belgium's   Nitrogenous Fertilizers have decreased by €-60.3M (-97.5%) from €61.9M to €1.57M, while imports decreased by €-33.9M (-99.7%) from €34.1M to €101k.

Destinations In May 2024, Nitrogenous Fertilizers were exported mostly to Switzerland (€647k), Czechia (€385k), Brazil (€159k), Colombia (€116k), and Bulgaria (€113k), and were imported mostly from Austria (€56.9k), China (€32.3k), Czechia (€11.8k), Switzerland (€8), and Australia (€0).

Growth In May 2024, the decrease in Nitrogenous Fertilizers's year-by-year exports was explained primarily by a decrease in exports to France (€-20M or -47.5%), United Kingdom (€-10.5M or -49.5%), and United States (€-8.65M or -74.1%). In May 2024, the decrease in Nitrogenous Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-28.7M or -67.3%), France (€-4.82M or -90.5%), and Sweden (€-525k or -76.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-60.3M(-97.5%)
IMPORT GROWTH (May 2023 - May 2024)€-33.9M(-99.7%)
MAIN DESTINATION (May 2024)Switzerland€647k

This section shows Nitrogenous Fertilizers'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 Nitrogenous Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.93B

In 2022, Belgium exported $1.93B in Nitrogenous Fertilizers. The main destinations of Belgium exports on Nitrogenous Fertilizers were France ($654M), Germany ($315M), Netherlands ($175M), United Kingdom ($121M), and United States ($100M).

In N/A, Belgium imported N/A in Nitrogenous Fertilizers, mainly from Netherlands ($384M), United States ($89.9M), Germany ($86.8M), Trinidad and Tobago ($83.2M), and Egypt ($78.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$312M (91.4%)
Germany$210M (200%)
United States$57.5M (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Belgium WERE (2021 - 2022):
Portugal-$5.91M (-72%)
Brazil-$5.87M (-11.3%)
Indonesia-$2.71M (-62.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Nitrogenous Fertilizers were:
Russia $6.27B
China $5.59B
Oman $4.14B
In 2022, Belgium's main importing competitors in Nitrogenous Fertilizers were:
India $7.37B
Brazil $6.03B
United States $4.79B

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $139M
TOP IMPORT POTENTIALGermany+ $45.8M

Nitrogenous Fertilizers’s highest export potential is Germany. With an export gap of $139M.   Nitrogenous Fertilizers’s highest import potential is Germany with an import gap of $45.8M.

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