2022
Exports
$69MWorld Rnk 8 / 170
Flag Rnk 512 / 1213
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.03Rnk 556 / 1025
2022
Imports
$69.3MWorld Rnk 7 / 220
Flag Rnk 589 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $69M in Organic Composite Solvents, making it the 8th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 512th most exported product in Belgium. The main destination of Organic Composite Solvents exports from Belgium are: France ($10.5M), Italy ($9.51M), Germany ($9.09M), Netherlands ($5.54M), and Spain ($2.62M).

The fastest growing export markets for Organic Composite Solvents of Belgium between 2021 and 2022 were Indonesia ($1.59M), Morocco ($1.34M), and Italy ($643k).

Imports In 2022, Belgium imported $69.3M in Organic Composite Solvents, becoming the 7th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 589th most imported product in Belgium. Belgium imports Organic Composite Solvents primarily from: Germany ($24.9M), Netherlands ($15.5M), South Africa ($13.2M), France ($4.73M), and United States ($3.5M).

The fastest growing import markets in Organic Composite Solvents for Belgium between 2021 and 2022 were South Africa ($3.94M), Netherlands ($2.92M), and Germany ($1.32M).

COMPANIES In 2023, leading companies such as Dow Chemical (5) were at the forefront of shipping Organic Composite Solvents from Belgium to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Organic Composite Solvents. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$69M
IMPORTS (2022)$69.3M
NET TRADE (2022)-$322k

In 2022, Belgium exported $69M in Organic Composite Solvents. The main destinations of Belgium exports on Organic Composite Solvents were France ($10.5M), Italy ($9.51M), Germany ($9.09M), Netherlands ($5.54M), and Spain ($2.62M).

In 2022, Belgium imported $69.3M in Organic Composite Solvents, mainly from Germany ($24.9M), Netherlands ($15.5M), South Africa ($13.2M), France ($4.73M), and United States ($3.5M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Indonesia$1.59M (1.12k%)
Morocco$1.34M (274%)
Italy$643k (7.25%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Belgium WERE (2021 - 2022):
Netherlands-$2.06M (-27.1%)
Russia-$1.73M (-78.3%)
United Kingdom-$1.24M (-32.7%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Belgium's main exporting competitors in Organic Composite Solvents were:
In 2022, Belgium's main importing competitors in Organic Composite Solvents were:

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $4.47M
TOP IMPORT POTENTIALGermany+ $3.5M

Organic Composite Solvents’s highest export potential is Germany. With an export gap of $4.47M.   Organic Composite Solvents’s highest import potential is Germany with an import gap of $3.5M.

See methodology.

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