Mineral fuels, mineral oils and products of their distillation in Belgium

About

Exports In 2022, Belgium exported $96.9B in Mineral fuels, mineral oils and products of their distillation, making it the 11th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Belgium. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Belgium are: Germany ($33.7B), Netherlands ($22.7B), France ($17.9B), Nigeria ($6.83B), and Luxembourg ($2.74B).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Belgium between 2021 and 2022 were Germany ($28.4B), Netherlands ($12.2B), and France ($7.12B).

Imports In 2022, Belgium imported $99.8B in Mineral fuels, mineral oils and products of their distillation, becoming the 12th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Belgium. Belgium imports Mineral fuels, mineral oils and products of their distillation primarily from: Netherlands ($36.4B), Norway ($19.4B), United Kingdom ($9.81B), Russia ($6.64B), and Qatar ($5.38B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Belgium between 2021 and 2022 were Netherlands ($14.2B), Norway ($10B), and United Kingdom ($6.14B).

COMPANIES In 2023, leading companies such as THE DOW CHEMICAL COMPANY (26) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Mineral fuels, mineral oils and products of their distillation exports accounted up to €3.71B and imports accounted up to €5B, resulting in a negative trade balance of €1.3B. Between December 2022 and December 2023 the exports of Belgium's Mineral fuels, mineral oils and products of their distillation have decreased by €-3.63B (-49.5%) from €7.34B to €3.71B, while imports decreased by €-4.01B (-44.5%) from €9.02B to €5B.

Destinations In December 2023, Mineral fuels, mineral oils and products of their distillation were exported mostly to Germany (€1.03B), Netherlands (€795M), Nigeria (€321M), Special Categories (€302M), and France (€214M), and were imported mostly from Netherlands (€2.62B), Norway (€658M), France (€506M), United Kingdom (€362M), and United States (€220M).

Growth In December 2023, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year exports was explained primarily by a decrease in exports to Senegal (€-159M or -95%), Angola (€-61.6M or -99.5%), and Libya (€-50.4M or -36.7%). In December 2023, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year imports was explained primarily by a decrease in imports from France (€-79.4M or -13%), Netherlands (€-55.9M or -2.02%), and Turkey (€-34.7M or -75.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-3.63B(-49.5%)

IMPORT GROWTH (December 2022 - December 2023)€-4.01B(-44.5%)

MAIN DESTINATION (December 2023)Germany€1.03B

This section shows Mineral fuels, mineral oils and products of their distillation'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 Mineral fuels, mineral oils and products of their distillation over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download