Plastics & articles thereof in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $27.2B in Plastics & articles thereof, making it the 8th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 4th most exported product in Belgium. The main destination of Plastics & articles thereof exports from Belgium are: Germany ($5.27B), France ($3.73B), Netherlands ($2.48B), Italy ($2.37B), and United Kingdom ($1.62B).

The fastest growing export markets for Plastics & articles thereof of Belgium between 2021 and 2022 were Germany ($256M), France ($199M), and Italy ($198M).

Imports In 2022, Belgium imported $22.5B in Plastics & articles thereof, becoming the 10th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 7th most imported product in Belgium. Belgium imports Plastics & articles thereof primarily from: Germany ($4.26B), Netherlands ($4.03B), United States ($3.32B), France ($2.14B), and China ($1.24B).

The fastest growing import markets in Plastics & articles thereof for Belgium between 2021 and 2022 were United States ($679M), Germany ($278M), and United Kingdom ($169M).

COMPANIES In 2023, leading companies such as THE DOW CHEMICAL COMPANY (4.58k), DUPONT SPECIALTY PRODUCTS USA, LLC (2.09k), and SAMSUNG ELECTRONICS AMERICA (196) were at the forefront of shipping Plastics & articles thereof from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Plastics & articles thereof exports accounted up to €1.15B and imports accounted up to €795M, resulting in a positive trade balance of €356M. Between December 2022 and December 2023 the exports of Belgium's Plastics & articles thereof have decreased by €-248M (-17.7%) from €1.4B to €1.15B, while imports decreased by €-166M (-17.3%) from €961M to €795M.

Destinations In December 2023, Plastics & articles thereof were exported mostly to Germany (€207M), France (€157M), Netherlands (€118M), Italy (€70.1M), and United Kingdom (€60.3M), and were imported mostly from Netherlands (€163M), Germany (€155M), France (€98.2M), United States (€88.6M), and China (€42.1M).

Growth In December 2023, the decrease in Plastics & articles thereof's year-by-year exports was explained primarily by a decrease in exports to United States (€-45M or -58.3%), China (€-31.8M or -58%), and Russia (€-24.8M or -76.9%). In December 2023, the decrease in Plastics & articles thereof's year-by-year imports was explained primarily by a decrease in imports from United States (€-11.4M or -8.74%), South Korea (€-11.4M or -48.3%), and United Kingdom (€-8.78M or -26.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-248M(-17.7%)

IMPORT GROWTH (December 2022 - December 2023)€-166M(-17.3%)

MAIN DESTINATION (December 2023)Germany€207M

This section shows Plastics & 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 & articles thereof over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download