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2022
Exports $420MWorld Rnk 11 / 130
Flag Rnk 166 / 1213
2022
Destination $49.8M Poland
2021 - 2022
FASTEST GROWING MARKET $49.8MPoland
2022
PRODUCT COMPLEXITY IN Potassic Fertilizers-0.82Rnk 785 / 1025
2022
Imports $850MWorld Rnk 7 / 189
Flag Rnk 116 / 1214
2022
Origin $264M Canada
2021 - 2022
FASTEST GROWING ORIGIN $264MCanada
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $420M in Potassic Fertilizers, making it the 11th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 166th most exported product in Belgium. The main destination of Potassic Fertilizers exports from Belgium are: Poland ($87.4M), France ($68.1M), Netherlands ($31.7M), Mexico ($31.7M), and Colombia ($15.6M).

The fastest growing export markets for Potassic Fertilizers of Belgium between 2021 and 2022 were Poland ($49.8M), Mexico ($22.4M), and Sweden ($12.3M).

Imports In 2022, Belgium imported $850M in Potassic Fertilizers, becoming the 7th largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 116th most imported product in Belgium. Belgium imports Potassic Fertilizers primarily from: Canada ($403M), Germany ($227M), United States ($83.6M), Jordan ($67.6M), and Netherlands ($18.1M).

The fastest growing import markets in Potassic Fertilizers for Belgium between 2021 and 2022 were Canada ($264M), Germany ($108M), and United States ($72.4M).

COMPANIES In 2023, leading companies such as TE Connectivity (2) were at the forefront of shipping Potassic Fertilizers from Belgium to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Potassic Fertilizers exports accounted up to €8.67M and imports accounted up to €22.7M, resulting in a negative trade balance of €14.1M. Between August 2023 and August 2024 the exports of Belgium's   Potassic Fertilizers have decreased by €-3.96M (-31.3%) from €12.6M to €8.67M, while imports increased by €1.69M (8.02%) from €21.1M to €22.7M.

Destinations In August 2024, Potassic Fertilizers were exported mostly to Poland (€4.13M), France (€2.78M), Sweden (€1.6M), Netherlands (€89.1k), and Germany (€21.7k), and were imported mostly from Canada (€19.1M), Germany (€1.31M), Netherlands (€994k), Jordan (€879k), and France (€232k).

Growth In August 2024, the decrease in Potassic Fertilizers's year-by-year exports was explained primarily by a decrease in exports to Poland (€-2.79M or -93.9%), France (€-176k or -7.38%), and Czechia (€-1.2k or -41.8%). In August 2024, the increase in Potassic Fertilizers's year-by-year imports was explained primarily by an increase in imports from Canada (€12.8M or 137%), Netherlands (€465k or 480%), and France (€24.2k or 44.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-3.96M(-31.3%)
IMPORT GROWTH (August 2023 - August 2024)€1.69M(8.02%)
MAIN DESTINATION (August 2024)Poland€4.13M

This section shows Potassic Fertilizers'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 Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$420M
IMPORTS (2022)$850M
NET TRADE (2022)-$430M

In 2022, Belgium exported $420M in Potassic Fertilizers. The main destinations of Belgium exports on Potassic Fertilizers were Poland ($87.4M), France ($68.1M), Netherlands ($31.7M), Mexico ($31.7M), and Colombia ($15.6M).

In 2022, Belgium imported $850M in Potassic Fertilizers, mainly from Canada ($403M), Germany ($227M), United States ($83.6M), Jordan ($67.6M), and Netherlands ($18.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Poland$49.8M (132%)
Mexico$22.4M (241%)
Sweden$12.3M (37.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Belgium WERE (2021 - 2022):
United Kingdom-$11.5M (-61.5%)
Russia-$7.26M (-100%)
India-$5.8M (-76.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Potassic Fertilizers were:
Canada $13.4B
Russia $4.93B
Germany $2.73B
In 2022, Belgium's main importing competitors in Potassic Fertilizers were:
Brazil $7.59B
United States $6.3B
China $4.13B

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.7M
TOP IMPORT POTENTIALGermany+ $32.9M

Potassic Fertilizers’s highest export potential is United States. With an export gap of $12.7M.   Potassic Fertilizers’s highest import potential is Germany with an import gap of $32.9M.

See methodology.

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