2022
Exports
$1.51BWorld Rnk 3 / 111
Flag Rnk 47 / 1213
2022
PRODUCT COMPLEXITY IN Amine Compounds
1.07Rnk 147 / 1025
2022
Imports
$725MWorld Rnk 7 / 188
Flag Rnk 132 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $1.51B in Amine Compounds, making it the 3rd largest exporter of Amine Compounds in the world. At the same year, Amine Compounds was the 47th most exported product in Belgium. The main destination of Amine Compounds exports from Belgium are: Germany ($613M), Hungary ($158M), United States ($122M), Netherlands ($103M), and Spain ($53.9M).

The fastest growing export markets for Amine Compounds of Belgium between 2021 and 2022 were Germany ($171M), Hungary ($127M), and Netherlands ($31.2M).

Imports In 2022, Belgium imported $725M in Amine Compounds, becoming the 7th largest importer of Amine Compounds in the world. At the same year, Amine Compounds was the 132nd most imported product in Belgium. Belgium imports Amine Compounds primarily from: United States ($198M), China ($180M), Germany ($97.1M), Netherlands ($64.7M), and France ($39.5M).

The fastest growing import markets in Amine Compounds for Belgium between 2021 and 2022 were China ($82.5M), United States ($43.8M), and India ($15.3M).

COMPANIES In 2023, leading companies such as Volvo (40), Busa Distribution Center (31), and Mercedes-Benz (7) were at the forefront of shipping Amine Compounds from Belgium to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€9.59M(11.1%)
IMPORT GROWTH (August 2023 - August 2024)€6.31M(26.6%)
MAIN DESTINATION (August 2024)Germany€54.8M

This section shows Amine Compounds'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 Amine Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.51B
IMPORTS (2022)$725M
NET TRADE (2022)$780M

In 2022, Belgium exported $1.51B in Amine Compounds. The main destinations of Belgium exports on Amine Compounds were Germany ($613M), Hungary ($158M), United States ($122M), Netherlands ($103M), and Spain ($53.9M).

In 2022, Belgium imported $725M in Amine Compounds, mainly from United States ($198M), China ($180M), Germany ($97.1M), Netherlands ($64.7M), and France ($39.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amine Compounds EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$171M (38.6%)
Hungary$127M (409%)
Netherlands$31.2M (43.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amine Compounds BY Belgium WERE (2021 - 2022):
France-$21.2M (-33.4%)
Spain-$18.5M (-25.6%)
South Korea-$16.6M (-32.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Amine Compounds were:
In 2022, Belgium's main importing competitors in Amine Compounds were:

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Trade Value of Amine Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $32.4M
TOP IMPORT POTENTIALGermany+ $31.7M

Amine Compounds’s highest export potential is Netherlands. With an export gap of $32.4M.   Amine Compounds’s highest import potential is Germany with an import gap of $31.7M.

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