HS Icon Oil additives nes, oxidation, corrosion, gum inhibito in  Flag Belgium

2020
Exports | Imports
: $76.1M | $74.8M, World Rnk 6 / 124
Flag Rnk 619 / 4566 | World Rnk 5 / 212
Flag Rnk 744 / 4557

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.39M | $3.28M, Germany |  Netherlands

2020
ECONOMIC COMPLEXITY of Belgium
: 1.33, Rnk 17 / 127

Exports In 2020, Belgium exported $76.1M in Oil additives nes, oxidation, corrosion, gum inhibito, making it the 6th largest exporter of Oil additives nes, oxidation, corrosion, gum inhibito in the world. At the same year, Oil additives nes, oxidation, corrosion, gum inhibito was the 619th most exported product in Belgium. The main destination of Oil additives nes, oxidation, corrosion, gum inhibito exports from Belgium are: France ($15.8M), Netherlands ($9.55M), Germany ($7.63M), Spain ($4.23M), and United Kingdom ($4.2M).

The fastest growing export markets for Oil additives nes, oxidation, corrosion, gum inhibito of Belgium between 2019 and 2020 were Germany ($2.39M), France ($1.38M), and Austria ($608k).

Imports In 2020, Belgium imported $74.8M in Oil additives nes, oxidation, corrosion, gum inhibito, becoming the 5th largest importer of Oil additives nes, oxidation, corrosion, gum inhibito in the world. At the same year, Oil additives nes, oxidation, corrosion, gum inhibito was the 744th most imported product in Belgium. Belgium imports Oil additives nes, oxidation, corrosion, gum inhibito primarily from: United States ($22.2M), Germany ($19.8M), France ($11.6M), United Kingdom ($8.06M), and Netherlands ($6.75M).

The fastest growing import markets in Oil additives nes, oxidation, corrosion, gum inhibito for Belgium between 2019 and 2020 were Netherlands ($3.28M), India ($1.93M), and Spain ($123k).

Subnational Monthly Trade

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Time Scale
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Value

EXPORT GROWTH (June 2021 - June 2022): €2.74M, (56.1%)

IMPORT GROWTH (June 2021 - June 2022): €1.96M, (41%)

MAIN DESTINATION (June 2022): Netherlands, €964k

This section shows Oil additives nes, oxidation, corrosion, gum inhibito'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 Oil additives nes, oxidation, corrosion, gum inhibito over time.

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Historical Data

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EXPORTS (2020): $76.1M

IMPORTS (2020): $74.8M

NET TRADE (2020): $1.33M

In 2020, Belgium exported $76.1M in Oil additives nes, oxidation, corrosion, gum inhibito. The main destinations of Belgium exports on Oil additives nes, oxidation, corrosion, gum inhibito were France ($15.8M), Netherlands ($9.55M), Germany ($7.63M), Spain ($4.23M), and United Kingdom ($4.2M).

In 2020, Belgium imported $74.8M in Oil additives nes, oxidation, corrosion, gum inhibito, mainly from United States ($22.2M), Germany ($19.8M), France ($11.6M), United Kingdom ($8.06M), and Netherlands ($6.75M).

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Flow

THE FASTEST GROWING Oil additives nes, oxidation, corrosion, gum inhibito EXPORT MARKETS FOR Belgium WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil additives nes, oxidation, corrosion, gum inhibito BY Belgium WERE (2019 - 2020):

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Market Concentration

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In 2020, Belgium's main exporting competitors in Oil additives nes, oxidation, corrosion, gum inhibito were:

In 2020, Belgium's main importing competitors in Oil additives nes, oxidation, corrosion, gum inhibito were:

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