Special Pharmaceuticals in Belgium 2021 Exports | Imports : $1.09B | $1.08B, World Rnk 4 / 186 Rnk 62 / 1214 | World Rnk 3 / 220 Rnk 77 / 1212
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $25.2M | $201M, France | Germany
2021 ECONOMIC COMPLEXITY of Belgium: 1.28, Rnk 18 / 131
2021 PRODUCT COMPLEXITY IN Special Pharmaceuticals: 0.6, Rnk 322 / 1024
Exports In 2021, Belgium exported $1.09B in Special Pharmaceuticals, making it the 4th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 62nd most exported product in Belgium. The main destination of Special Pharmaceuticals exports from Belgium are: United States ($158M), United Kingdom ($99.9M), Italy ($87.5M), France ($86.6M), and Germany ($76.5M).
The fastest growing export markets for Special Pharmaceuticals of Belgium between 2020 and 2021 were France ($25.2M), United Kingdom ($23.4M), and Germany ($13.4M).
Imports In 2021, Belgium imported $1.08B in Special Pharmaceuticals, becoming the 3rd largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 77th most imported product in Belgium. Belgium imports Special Pharmaceuticals primarily from: Germany ($388M), United States ($186M), Austria ($66.8M), Switzerland ($62.9M), and Japan ($60.7M).
The fastest growing import markets in Special Pharmaceuticals for Belgium between 2020 and 2021 were Germany ($201M), Poland ($36.2M), and France ($21.6M).
April 2023
Overview In April 2023 Belgium's Special Pharmaceuticals exports accounted up to €116M and imports accounted up to €74.2M, resulting in a positive trade balance of €42.1M. Between April 2022 and April 2023 the exports of Belgium's Special Pharmaceuticals have increased by €45.1M (63.3%) from €71.2M to €116M, while imports increased by €1.8M (2.49%) from €72.4M to €74.2M.
Destinations In April 2023, Special Pharmaceuticals were exported mostly to United States (€21.3M), Germany (€16.5M), Singapore (€10.6M), Italy (€6.36M), and France (€5.94M), and were imported mostly from United States (€30.2M), Germany (€16.5M), Switzerland (€9.6M), Japan (€4.3M), and Brazil (€4.01M).
Growth In April 2023, the increase in Special Pharmaceuticals's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€4.93M or 353%), United States (€2.31M or 15.3%), and Germany (€2.02M or 22.5%). In April 2023, the increase in Special Pharmaceuticals's year-by-year imports was explained primarily by an increase in imports from United States (€8.86M or 64%), Canada (€4.33M or 1.48k%), and Switzerland (€1.43M or 44.8%).
EXPORT GROWTH (April 2022 - April 2023): €45.1M, (63.3%)
IMPORT GROWTH (April 2022 - April 2023): €1.8M, (2.49%)
MAIN DESTINATION (April 2023): United States, €21.3M
This section shows Special Pharmaceuticals'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 Special Pharmaceuticals over time.
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EXPORTS (2021): $1.09B
IMPORTS (2021): $1.08B
NET TRADE (2021): $6.55M
In 2021, Belgium exported $1.09B in Special Pharmaceuticals. The main destinations of Belgium exports on Special Pharmaceuticals were United States ($158M), United Kingdom ($99.9M), Italy ($87.5M), France ($86.6M), and Germany ($76.5M).
In 2021, Belgium imported $1.08B in Special Pharmaceuticals, mainly from Germany ($388M), United States ($186M), Austria ($66.8M), Switzerland ($62.9M), and Japan ($60.7M).
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Belgium WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Belgium WERE (2020 - 2021):
In 2021, Belgium's main exporting competitors in Special Pharmaceuticals were:
In 2021, Belgium's main importing competitors in Special Pharmaceuticals were:
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