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2022
Exports $814MWorld Rnk 19 / 184
Flag Rnk 50 / 96
2022
Destination $18.1M France
2021 - 2022
FASTEST GROWING MARKET $18.1MBulgaria
2022
PRODUCT COMPLEXITY IN Tobacco & substitutes-0.8Rnk 780 / 1025
2022
Imports $2.13BWorld Rnk 5 / 223
Flag Rnk 40 / 96
2022
Origin $103M India
2021 - 2022
FASTEST GROWING ORIGIN $103MIndia
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $814M in Tobacco & substitutes, making it the 19th largest exporter of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 50th most exported product in Belgium. The main destination of Tobacco & substitutes exports from Belgium are: France ($122M), Russia ($108M), Spain ($70.7M), Turkey ($56.6M), and Germany ($48M).

The fastest growing export markets for Tobacco & substitutes of Belgium between 2021 and 2022 were Bulgaria ($18.1M), Turkey ($17.3M), and Germany ($13.1M).

Imports In 2022, Belgium imported $2.13B in Tobacco & substitutes, becoming the 5th largest importer of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 40th most imported product in Belgium. Belgium imports Tobacco & substitutes primarily from: India ($254M), Poland ($224M), Argentina ($163M), Malawi ($142M), and Zimbabwe ($138M).

The fastest growing import markets in Tobacco & substitutes for Belgium between 2021 and 2022 were India ($103M), Argentina ($98M), and Zimbabwe ($68.4M).

COMPANIES In 2023, leading companies such as Dow Chemical (4), DuPont (1), and Continental Tire (1) were at the forefront of shipping Tobacco & substitutes from Belgium to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Tobacco & substitutes exports accounted up to €97.5M and imports accounted up to €57M, resulting in a positive trade balance of €40.5M. Between July 2023 and July 2024 the exports of Belgium's   Tobacco & substitutes have increased by €32M (48.8%) from €65.6M to €97.5M, while imports increased by €6.84M (13.6%) from €50.2M to €57M.

Destinations In July 2024, Tobacco & substitutes were exported mostly to Luxembourg (€13.9M), Turkey (€12.9M), Russia (€12.2M), France (€11.7M), and Japan (€7.4M), and were imported mostly from Netherlands (€11.5M), Poland (€10.5M), Czechia (€9.39M), Germany (€6.39M), and Indonesia (€2.93M).

Growth In July 2024, the increase in Tobacco & substitutes's year-by-year exports was explained primarily by an increase in exports to Russia (€12.7M or 216%), Luxembourg (€3.33M or 41.8%), and Spain (€2.89M or 86.3%). In July 2024, the increase in Tobacco & substitutes's year-by-year imports was explained primarily by an increase in imports from Bangladesh (€1.78M or 582%), China (€1.04M or 99.4%), and Tanzania (€752k or 165%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€32M(48.8%)
IMPORT GROWTH (July 2023 - July 2024)€6.84M(13.6%)
MAIN DESTINATION (July 2024)Luxembourg€13.9M

This section shows Tobacco & substitutes'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 Tobacco & substitutes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$814M
IMPORTS (2022)$2.13B
NET TRADE (2022)-$1.31B

In 2022, Belgium exported $814M in Tobacco & substitutes. The main destinations of Belgium exports on Tobacco & substitutes were France ($122M), Russia ($108M), Spain ($70.7M), Turkey ($56.6M), and Germany ($48M).

In 2022, Belgium imported $2.13B in Tobacco & substitutes, mainly from India ($254M), Poland ($224M), Argentina ($163M), Malawi ($142M), and Zimbabwe ($138M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco & substitutes EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Bulgaria$18.1M (233%)
Turkey$17.3M (43.9%)
Germany$13.1M (37.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco & substitutes BY Belgium WERE (2021 - 2022):
Italy-$58.4M (-70.1%)
Netherlands-$56.2M (-59%)
Luxembourg-$46M (-52.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Tobacco & substitutes were:
United Arab Emirates $5.1B
Poland $4.62B
Germany $2.92B
In 2022, Belgium's main importing competitors in Tobacco & substitutes were:
Germany $2.74B
Japan $2.41B
United States $2.38B

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Trade Value of Tobacco & substitutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $35.9M
TOP IMPORT POTENTIALGermany+ $52.2M

Tobacco & substitutes’s highest export potential is Germany. With an export gap of $35.9M.   Tobacco & substitutes’s highest import potential is Germany with an import gap of $52.2M.

See methodology.

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