HS Icon Plastics and articles thereof in  Flag Belgium

2019
Exports | Imports
: $28.3B | $18.7B, World Rnk 5 / 225
Flag Rnk 5 / 96 | World Rnk 8 / 225
Flag Rnk 7 / 96

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $16.4M | $176M, Greece |  United States

2019
ECONOMIC COMPLEXITY of Belgium
: 1.32, Rnk 18 / 147

2019
PRODUCT COMPLEXITY  IN Plastics and articles thereof
: 1.03, Rnk 15 / 96

Exports In 2019, Belgium exported $28.3B in Plastics and articles thereof, making it the 5th largest exporter of Plastics and articles thereof in the world. At the same year, Plastics and articles thereof was the 5th most exported product in Belgium. The main destination of Plastics and articles thereof exports from Belgium are: Germany ($5.97B), France ($3.49B), Netherlands ($2.68B), United Kingdom ($2.07B), and Italy ($2.03B).

The fastest growing export markets for Plastics and articles thereof of Belgium between 2018 and 2019 were Greece ($16.4M), Algeria ($10.1M), and Saudi Arabia ($8.54M).

Imports In 2019, Belgium imported $18.7B in Plastics and articles thereof, becoming the 8th largest importer of Plastics and articles thereof in the world. At the same year, Plastics and articles thereof was the 7th most imported product in Belgium. Belgium imports Plastics and articles thereof primarily from: Netherlands ($3.34B), Germany ($3.31B), United States ($2.89B), France ($1.7B), and Saudi Arabia ($900M).

The fastest growing import markets in Plastics and articles thereof for Belgium between 2018 and 2019 were United States ($176M), China ($61.6M), and Egypt ($35.7M).

Tariffs In 2017, the average tariff for Belgium in Plastics and articles thereof was 1.86%. The countries with the highest import tariffs for Plastics and articles thereof were Western Sahara (Most Favoured Nation duty rate treatement, 6.06%), Gabon (Most Favoured Nation duty rate treatement, 6.06%), Libya (Most Favoured Nation duty rate treatement, 6.06%), Mayotte (Most Favoured Nation duty rate treatement, 6.06%), and Reunion (Most Favoured Nation duty rate treatement, 6.06%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): €683M, (54.5%)

IMPORT GROWTH (June 2020 - June 2021): €346M, (42.5%)

MAIN DESTINATION (June 2021): Germany, €425M

This section shows Plastics and articles thereof'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 Plastics and articles thereof over time.

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Historical Data

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EXPORTS (2019): $28.3B

IMPORTS (2019): $18.7B

NET TRADE (2019): $9.59B

In 2019, Belgium exported $28.3B in Plastics and articles thereof. The main destinations of Belgium exports on Plastics and articles thereof were Germany ($5.97B), France ($3.49B), Netherlands ($2.68B), United Kingdom ($2.07B), and Italy ($2.03B).

In 2019, Belgium imported $18.7B in Plastics and articles thereof, mainly from Netherlands ($3.34B), Germany ($3.31B), United States ($2.89B), France ($1.7B), and Saudi Arabia ($900M).

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IN 2019, Belgium HAD A POSITIVE NET TRADE IN Plastics and articles thereof WITH:

IN 2019, Belgium HAD A NEGATIVE NET TRADE IN Plastics and articles thereof WITH:

Flow

THE FASTEST GROWING Plastics and articles thereof EXPORT MARKETS FOR Belgium WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and articles thereof BY Belgium WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Belgium's main exporting competitors in Plastics and articles thereof were:

In 2019, Belgium's main importing competitors in Plastics and articles thereof were:

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Tariffs by Country

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In 2017, the average tariff for Belgium in Plastics and articles thereof was 1.86%.

The countries with the highest tariffs for Plastics and articles thereof in Belgium were Western Sahara (Most Favoured Nation duty rate treatement, 6.06%), Gabon (Most Favoured Nation duty rate treatement, 6.06%), Libya (Most Favoured Nation duty rate treatement, 6.06%), Mayotte (Most Favoured Nation duty rate treatement, 6.06%), and Reunion (Most Favoured Nation duty rate treatement, 6.06%).