Propylene Polymers in Belgium 2021 Exports | Imports : $3B | $1.86B, World Rnk 6 / 151 Rnk 16 / 1214 | World Rnk 8 / 206 Rnk 33 / 1212
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $158M | $132M, Italy | France
2021 ECONOMIC COMPLEXITY of Belgium: 1.28, Rnk 18 / 131
2021 PRODUCT COMPLEXITY IN Propylene Polymers: 0.1, Rnk 519 / 1029
Exports In 2021, Belgium exported $3B in Propylene Polymers, making it the 6th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 16th most exported product in Belgium. The main destination of Propylene Polymers exports from Belgium are: Germany ($666M), Italy ($450M), France ($391M), Netherlands ($211M), and Poland ($143M).
The fastest growing export markets for Propylene Polymers of Belgium between 2020 and 2021 were Italy ($158M), Germany ($121M), and France ($76.8M).
Imports In 2021, Belgium imported $1.86B in Propylene Polymers, becoming the 8th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 33rd most imported product in Belgium. Belgium imports Propylene Polymers primarily from: Netherlands ($381M), France ($289M), Germany ($230M), United States ($195M), and South Korea ($157M).
The fastest growing import markets in Propylene Polymers for Belgium between 2020 and 2021 were France ($132M), Netherlands ($121M), and South Korea ($114M).
Tariffs In 2017, the average tariff for Belgium in Propylene Polymers was 2.19%. The countries with the highest import tariffs for Propylene Polymers were Western Sahara (Most Favoured Nation duty rate treatment, 5.98%), Gabon (Most Favoured Nation duty rate treatment, 5.98%), Libya (Most Favoured Nation duty rate treatment, 5.98%), Mayotte (Most Favoured Nation duty rate treatment, 5.98%), and Reunion (Most Favoured Nation duty rate treatment, 5.98%).
January 2023
Overview In January 2023 Belgium's Propylene Polymers exports accounted up to €178M and imports accounted up to €65.2M, resulting in a positive trade balance of €113M. Between January 2022 and January 2023 the exports of Belgium's Propylene Polymers have decreased by €-61.8M (-25.7%) from €240M to €178M, while imports decreased by €-8.41M (-11.4%) from €73.6M to €65.2M.
Destinations In January 2023, Propylene Polymers were exported mostly to Germany (€43.5M), France (€31.6M), Italy (€19.2M), Netherlands (€11M), and Poland (€9.07M), and were imported mostly from Netherlands (€13M), Germany (€9.59M), Saudi Arabia (€9.06M), France (€8.29M), and United States (€5.8M).
Growth In January 2023, the decrease in Propylene Polymers's year-by-year exports was explained primarily by a decrease in exports to Mexico (€-184k or -29.5%), Lithuania (€-151k or -46%), and Belarus (€-146k or -43.3%). In January 2023, the decrease in Propylene Polymers's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia (€-2.39M or -53%), Spain (€-371k or -31.9%), and Italy (€-201k or -38.3%).
EXPORT GROWTH (January 2022 - January 2023): €-61.8M, (-25.7%)
IMPORT GROWTH (January 2022 - January 2023): €-8.41M, (-11.4%)
MAIN DESTINATION (January 2023): Germany, €43.5M
This section shows Propylene Polymers'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 Propylene Polymers over time.
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EXPORTS (2021): $3B
IMPORTS (2021): $1.86B
NET TRADE (2021): $1.14B
In 2021, Belgium exported $3B in Propylene Polymers. The main destinations of Belgium exports on Propylene Polymers were Germany ($666M), Italy ($450M), France ($391M), Netherlands ($211M), and Poland ($143M).
In 2021, Belgium imported $1.86B in Propylene Polymers, mainly from Netherlands ($381M), France ($289M), Germany ($230M), United States ($195M), and South Korea ($157M).
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR Belgium WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY Belgium WERE (2020 - 2021):
In 2021, Belgium's main exporting competitors in Propylene Polymers were:
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