2023
Exports
$165MWorld Rnk 6 / 174
Flag Rnk 352 / 1216
2023
PRODUCT COMPLEXITY IN Scrap Plastic
-0.57Rnk 725 / 1025
2023
Imports
$119MWorld Rnk 8 / 180
Flag Rnk 423 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $165M in Scrap Plastic, making it the 6th largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 352nd most exported product in Belgium. The main destination of Scrap Plastic exports from Belgium are: Netherlands ($52M), Turkey ($17.1M), France ($15.9M), Germany ($12.5M), and Malaysia ($11.4M).

The fastest growing export markets for Scrap Plastic of Belgium between 2022 and 2023 were Austria ($3.74M), Malaysia ($2.86M), and United Kingdom ($1.25M).

Imports In 2023, Belgium imported $119M in Scrap Plastic, becoming the 8th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 423rd most imported product in Belgium. Belgium imports Scrap Plastic primarily from: Netherlands ($45.4M), France ($26M), Germany ($19.9M), United Kingdom ($9.98M), and Poland ($3.39M).

The fastest growing import markets in Scrap Plastic for Belgium between 2022 and 2023 were Portugal ($946k), Canada ($585k), and Czechia ($476k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€3.06M(30.2%)
IMPORT GROWTH (October 2023 - October 2024)€136k(1.6%)
MAIN DESTINATION (October 2024)Netherlands€3.61M

This section shows Scrap Plastic'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 Scrap Plastic over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$165M
IMPORTS (2023)$119M
NET TRADE (2023)$45.4M

In 2023, Belgium exported $165M in Scrap Plastic. The main destinations of Belgium exports on Scrap Plastic were Netherlands ($52M), Turkey ($17.1M), France ($15.9M), Germany ($12.5M), and Malaysia ($11.4M).

In 2023, Belgium imported $119M in Scrap Plastic, mainly from Netherlands ($45.4M), France ($26M), Germany ($19.9M), United Kingdom ($9.98M), and Poland ($3.39M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Plastic EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Austria$3.74M (453%)
Malaysia$2.86M (33.5%)
United Kingdom$1.25M (18.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Plastic BY Belgium WERE (2022 - 2023):
Netherlands-$18M (-25.7%)
France-$12.1M (-43.2%)
Turkey-$8.38M (-33%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Scrap Plastic were:
In 2023, Belgium's main importing competitors in Scrap Plastic were:

Explore Visualizations

Trade Value of Scrap Plastic by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.1M
TOP IMPORT POTENTIALGermany+ $7.97M

Scrap Plastic’s highest export potential is Germany. With an export gap of $11.1M.   Scrap Plastic’s highest import potential is Germany with an import gap of $7.97M.

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