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2022
Exports $2.56BWorld Rnk 18 / 226
Flag Rnk 32 / 96
2022
Destination $27.6M Netherlands
2021 - 2022
FASTEST GROWING MARKET $27.6MPoland
2022
PRODUCT COMPLEXITY IN Perfumery & cosmetics0.49Rnk 370 / 1025
2022
Imports $3.41BWorld Rnk 15 / 225
Flag Rnk 27 / 96
2022
Origin $49.1M France
2021 - 2022
FASTEST GROWING ORIGIN $49.1MUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $2.56B in Perfumery & cosmetics, making it the 18th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 32nd most exported product in Belgium. The main destination of Perfumery & cosmetics exports from Belgium are: Netherlands ($473M), France ($313M), Poland ($262M), Czechia ($204M), and Germany ($160M).

The fastest growing export markets for Perfumery & cosmetics of Belgium between 2021 and 2022 were Poland ($27.6M), China ($17M), and Italy ($11.6M).

Imports In 2022, Belgium imported $3.41B in Perfumery & cosmetics, becoming the 15th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 27th most imported product in Belgium. Belgium imports Perfumery & cosmetics primarily from: France ($620M), Netherlands ($575M), United Kingdom ($453M), Poland ($301M), and United States ($284M).

The fastest growing import markets in Perfumery & cosmetics for Belgium between 2021 and 2022 were United States ($49.1M), Italy ($15.8M), and Philippines ($11.6M).

COMPANIES In 2023, leading companies such as L'Oreal (81), Walgreens (8), and Hall's Warehouse (8) were at the forefront of shipping Perfumery & cosmetics from Belgium to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Perfumery & cosmetics exports accounted up to €185M and imports accounted up to €235M, resulting in a negative trade balance of €50.5M. Between August 2023 and August 2024 the exports of Belgium's   Perfumery & cosmetics have decreased by €-3.98M (-2.11%) from €189M to €185M, while imports increased by €11.4M (5.07%) from €224M to €235M.

Destinations In August 2024, Perfumery & cosmetics were exported mostly to Netherlands (€35.8M), France (€22.3M), Germany (€15.3M), Czechia (€14.7M), and Poland (€12.3M), and were imported mostly from France (€56.7M), Netherlands (€45.3M), Poland (€19.6M), Ireland (€19M), and Germany (€18.7M).

Growth In August 2024, the decrease in Perfumery & cosmetics's year-by-year exports was explained primarily by a decrease in exports to United States (€-3.62M or -43.2%), Russia (€-2.48M or -41.8%), and United Kingdom (€-1.34M or -11%). In August 2024, the increase in Perfumery & cosmetics's year-by-year imports was explained primarily by an increase in imports from France (€7.84M or 20.3%), Czechia (€7.82M or 98.5%), and Netherlands (€6.04M or 17.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-3.98M(-2.11%)
IMPORT GROWTH (August 2023 - August 2024)€11.4M(5.07%)
MAIN DESTINATION (August 2024)Netherlands€35.8M

This section shows Perfumery & cosmetics'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 Perfumery & cosmetics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.56B
IMPORTS (2022)$3.41B
NET TRADE (2022)-$852M

In 2022, Belgium exported $2.56B in Perfumery & cosmetics. The main destinations of Belgium exports on Perfumery & cosmetics were Netherlands ($473M), France ($313M), Poland ($262M), Czechia ($204M), and Germany ($160M).

In 2022, Belgium imported $3.41B in Perfumery & cosmetics, mainly from France ($620M), Netherlands ($575M), United Kingdom ($453M), Poland ($301M), and United States ($284M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Poland$27.6M (11.8%)
China$17M (25%)
Italy$11.6M (14.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Belgium WERE (2021 - 2022):
Russia-$25.6M (-38.1%)
Germany-$11.8M (-6.87%)
Czechia-$8.23M (-3.88%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Perfumery & cosmetics were:
France $23.4B
United States $14B
Germany $11.5B
In 2022, Belgium's main importing competitors in Perfumery & cosmetics were:
United States $17.8B
China $14B
Germany $8.42B

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $149M
TOP IMPORT POTENTIALFrance+ $273M

Perfumery & cosmetics’s highest export potential is Germany. With an export gap of $149M.   Perfumery & cosmetics’s highest import potential is France with an import gap of $273M.

See methodology.

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