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2022
Exports $110MWorld Rnk 15 / 125
Flag Rnk 422 / 1213
2022
Destination $6.93M Germany
2021 - 2022
FASTEST GROWING MARKET $6.93MGermany
2022
PRODUCT COMPLEXITY IN Prepared Rubber Accelerators1.1Rnk 133 / 1025
2022
Imports $209MWorld Rnk 7 / 193
Flag Rnk 348 / 1214
2022
Origin $14.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $14.6MUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $110M in Prepared Rubber Accelerators, making it the 15th largest exporter of Prepared Rubber Accelerators in the world. At the same year, Prepared Rubber Accelerators was the 422nd most exported product in Belgium. The main destination of Prepared Rubber Accelerators exports from Belgium are: Germany ($19M), Italy ($14.1M), France ($11.1M), United States ($9M), and Luxembourg ($7.28M).

The fastest growing export markets for Prepared Rubber Accelerators of Belgium between 2021 and 2022 were Germany ($6.93M), Italy ($6.61M), and France ($3.65M).

Imports In 2022, Belgium imported $209M in Prepared Rubber Accelerators, becoming the 7th largest importer of Prepared Rubber Accelerators in the world. At the same year, Prepared Rubber Accelerators was the 348th most imported product in Belgium. Belgium imports Prepared Rubber Accelerators primarily from: Germany ($64.5M), United States ($36M), Italy ($21.5M), China ($18.7M), and South Korea ($13.1M).

The fastest growing import markets in Prepared Rubber Accelerators for Belgium between 2021 and 2022 were United States ($14.6M), Italy ($4.51M), and China ($4.26M).

COMPANIES In 2023, leading companies such as TE Connectivity (1) were at the forefront of shipping Prepared Rubber Accelerators from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Prepared Rubber Accelerators exports accounted up to €212k and imports accounted up to €420k, resulting in a negative trade balance of €208k. Between May 2023 and May 2024 the exports of Belgium's   Prepared Rubber Accelerators have decreased by €-4.9M (-95.9%) from €5.11M to €212k, while imports decreased by €-7.73M (-94.8%) from €8.15M to €420k.

Destinations In May 2024, Prepared Rubber Accelerators were exported mostly to China (€81.1k), Czechia (€47.6k), Bulgaria (€33.4k), Switzerland (€33.1k), and Canada (€12.8k), and were imported mostly from Austria (€196k), China (€171k), Brazil (€53.5k), and Switzerland (€102).

Growth In May 2024, the decrease in Prepared Rubber Accelerators's year-by-year exports was explained primarily by a decrease in exports to France (€-412k or -52.7%), Spain (€-351k or -90.5%), and Switzerland (€-154k or -99.9%). In May 2024, the decrease in Prepared Rubber Accelerators's year-by-year imports was explained primarily by a decrease in imports from Germany (€-758k or -14.7%), Austria (€-656k or -85.9%), and China (€-225k or -41.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-4.9M(-95.9%)
IMPORT GROWTH (May 2023 - May 2024)€-7.73M(-94.8%)
MAIN DESTINATION (May 2024)China€81.1k

This section shows Prepared Rubber Accelerators'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 Prepared Rubber Accelerators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$110M
IMPORTS (2022)$209M
NET TRADE (2022)-$98.8M

In 2022, Belgium exported $110M in Prepared Rubber Accelerators. The main destinations of Belgium exports on Prepared Rubber Accelerators were Germany ($19M), Italy ($14.1M), France ($11.1M), United States ($9M), and Luxembourg ($7.28M).

In 2022, Belgium imported $209M in Prepared Rubber Accelerators, mainly from Germany ($64.5M), United States ($36M), Italy ($21.5M), China ($18.7M), and South Korea ($13.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Rubber Accelerators EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$6.93M (57.5%)
Italy$6.61M (88.9%)
France$3.65M (48.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Rubber Accelerators BY Belgium WERE (2021 - 2022):
Luxembourg-$3.22M (-30.6%)
India-$3.05M (-34.3%)
Azerbaijan-$2.95M (-92.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Prepared Rubber Accelerators were:
China $1.35B
Germany $821M
United States $565M
In 2022, Belgium's main importing competitors in Prepared Rubber Accelerators were:
United States $593M
China $330M
Germany $324M

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Trade Value of Prepared Rubber Accelerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.7M
TOP IMPORT POTENTIALGermany+ $11.8M

Prepared Rubber Accelerators’s highest export potential is Germany. With an export gap of $10.7M.   Prepared Rubber Accelerators’s highest import potential is Germany with an import gap of $11.8M.

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