Inorganic chemicals in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $5.2B in Inorganic chemicals, making it the 13th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 12th most exported product in Belgium. The main destination of Inorganic chemicals exports from Belgium are: Germany ($937M), Netherlands ($853M), France ($822M), United States ($292M), and United Kingdom ($212M).

The fastest growing export markets for Inorganic chemicals of Belgium between 2021 and 2022 were France ($332M), Netherlands ($313M), and Germany ($287M).

Imports In 2022, Belgium imported $5.24B in Inorganic chemicals, becoming the 11th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 15th most imported product in Belgium. Belgium imports Inorganic chemicals primarily from: Netherlands ($621M), Germany ($621M), South Africa ($558M), Trinidad and Tobago ($507M), and Chile ($385M).

The fastest growing import markets in Inorganic chemicals for Belgium between 2021 and 2022 were Trinidad and Tobago ($404M), Chile ($194M), and Morocco ($105M).

COMPANIES In 2023, leading companies such as TE CONNECTIVITY CORPORATION (44) and HEINEKEN USA INC. (9) were at the forefront of shipping Inorganic chemicals from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Inorganic chemicals exports accounted up to €258M and imports accounted up to €172M, resulting in a positive trade balance of €86M. Between December 2022 and December 2023 the exports of Belgium's Inorganic chemicals have decreased by €-89.4M (-25.7%) from €347M to €258M, while imports decreased by €-192M (-52.7%) from €364M to €172M.

Destinations In December 2023, Inorganic chemicals were exported mostly to France (€32.6M), Netherlands (€32.3M), Germany (€32M), Norway (€22.5M), and Italy (€16M), and were imported mostly from Germany (€36M), Netherlands (€25.6M), Chile (€20.4M), France (€16.8M), and Trinidad and Tobago (€15.4M).

Growth In December 2023, the decrease in Inorganic chemicals's year-by-year exports was explained primarily by a decrease in exports to Russia (€-12.5M or -99.5%), Spain (€-4.03M or -19.8%), and Portugal (€-2.49M or -77.4%). In December 2023, the decrease in Inorganic chemicals's year-by-year imports was explained primarily by a decrease in imports from Russia (€-31.6M or -98.4%), Morocco (€-6.42M or -30.6%), and Finland (€-3.3M or -40.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-89.4M(-25.7%)

IMPORT GROWTH (December 2022 - December 2023)€-192M(-52.7%)

MAIN DESTINATION (December 2023)France€32.6M

This section shows Inorganic chemicals'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 Inorganic chemicals over time.

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