Styrene Polymers in Belgium 2021 Exports | Imports : $1.35B | $402M, World Rnk 6 / 153 Rnk 45 / 1214 | World Rnk 18 / 208 Rnk 212 / 1212
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $96M | $74M, Germany | Netherlands
2021 ECONOMIC COMPLEXITY of Belgium: 1.28, Rnk 18 / 131
2021 PRODUCT COMPLEXITY IN Styrene Polymers: 0.7, Rnk 276 / 1029
Exports In 2021, Belgium exported $1.35B in Styrene Polymers, making it the 6th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 45th most exported product in Belgium. The main destination of Styrene Polymers exports from Belgium are: Germany ($336M), Turkey ($156M), Italy ($136M), France ($132M), and Poland ($63.2M).
The fastest growing export markets for Styrene Polymers of Belgium between 2020 and 2021 were Germany ($96M), Italy ($66.9M), and France ($44.7M).
Imports In 2021, Belgium imported $402M in Styrene Polymers, becoming the 18th largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 212th most imported product in Belgium. Belgium imports Styrene Polymers primarily from: Netherlands ($120M), France ($51.6M), South Korea ($49.4M), Germany ($45.1M), and United States ($44.9M).
The fastest growing import markets in Styrene Polymers for Belgium between 2020 and 2021 were Netherlands ($74M), France ($26.9M), and United States ($23.2M).
Tariffs In 2017, the average tariff for Belgium in Styrene Polymers was 2.17%. The countries with the highest import tariffs for Styrene Polymers were Western Sahara (Most Favoured Nation duty rate treatment, 5.91%), Gabon (Most Favoured Nation duty rate treatment, 5.91%), Libya (Most Favoured Nation duty rate treatment, 5.91%), Mayotte (Most Favoured Nation duty rate treatment, 5.91%), and Reunion (Most Favoured Nation duty rate treatment, 5.91%).
February 2023
Overview In February 2023 Belgium's Styrene Polymers exports accounted up to €54.9M and imports accounted up to €17.5M, resulting in a positive trade balance of €37.4M. Between February 2022 and February 2023 the exports of Belgium's Styrene Polymers have decreased by €-24.9M (-31.2%) from €79.8M to €54.9M, while imports decreased by €-3.58M (-17%) from €21.1M to €17.5M.
Destinations In February 2023, Styrene Polymers were exported mostly to Germany (€21.7M), Turkey (€12.1M), France (€4.34M), Netherlands (€2.06M), and Italy (€2.04M), and were imported mostly from Netherlands (€3.37M), Germany (€2.83M), France (€2.6M), United States (€2.28M), and South Korea (€1.41M).
Growth In February 2023, the decrease in Styrene Polymers's year-by-year exports was explained primarily by a decrease in exports to China (€-3.66M or -89.8%), South Africa (€-351k or -97.4%), and Romania (€-262k or -53.9%). In February 2023, the decrease in Styrene Polymers's year-by-year imports was explained primarily by a decrease in imports from China (€-161k or -55.5%), Italy (€-150k or -21.7%), and Luxembourg (€-42k or -78.7%).
EXPORT GROWTH (February 2022 - February 2023): €-24.9M, (-31.2%)
IMPORT GROWTH (February 2022 - February 2023): €-3.58M, (-17%)
MAIN DESTINATION (February 2023): Germany, €21.7M
This section shows Styrene 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 Styrene Polymers over time.
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EXPORTS (2021): $1.35B
IMPORTS (2021): $402M
NET TRADE (2021): $950M
In 2021, Belgium exported $1.35B in Styrene Polymers. The main destinations of Belgium exports on Styrene Polymers were Germany ($336M), Turkey ($156M), Italy ($136M), France ($132M), and Poland ($63.2M).
In 2021, Belgium imported $402M in Styrene Polymers, mainly from Netherlands ($120M), France ($51.6M), South Korea ($49.4M), Germany ($45.1M), and United States ($44.9M).
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR Belgium WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY Belgium WERE (2020 - 2021):
In 2021, Belgium's main exporting competitors in Styrene Polymers were:
In 2021, Belgium's main importing competitors in Styrene Polymers were:
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