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2022
Exports $192MWorld Rnk 16 / 106
Flag Rnk 309 / 1213
2022
Destination $110M Germany
2021 - 2022
FASTEST GROWING MARKET $110MGermany
2022
PRODUCT COMPLEXITY IN Ammonia-1.27Rnk 901 / 1025
2022
Imports $1.06BWorld Rnk 5 / 187
Flag Rnk 80 / 1214
2022
Origin $410M Trinidad and Tobago
2021 - 2022
FASTEST GROWING ORIGIN $410MTrinidad and Tobago
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $192M in Ammonia, making it the 16th largest exporter of Ammonia in the world. At the same year, Ammonia was the 309th most exported product in Belgium. The main destination of Ammonia exports from Belgium are: Germany ($139M), France ($41.6M), Netherlands ($3.86M), United States ($1.71M), and Italy ($909k).

The fastest growing export markets for Ammonia of Belgium between 2021 and 2022 were Germany ($110M), France ($28M), and Netherlands ($941k).

Imports In 2022, Belgium imported $1.06B in Ammonia, becoming the 5th largest importer of Ammonia in the world. At the same year, Ammonia was the 80th most imported product in Belgium. Belgium imports Ammonia primarily from: Trinidad and Tobago ($507M), Russia ($176M), Netherlands ($109M), Algeria ($83.4M), and Indonesia ($45.1M).

The fastest growing import markets in Ammonia for Belgium between 2021 and 2022 were Trinidad and Tobago ($410M), Russia ($75.8M), and Netherlands ($59.1M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Ammonia exports accounted up to €4.82M and imports accounted up to €24M, resulting in a negative trade balance of €19.1M. Between August 2023 and August 2024 the exports of Belgium's   Ammonia have increased by €3.95M (454%) from €871k to €4.82M, while imports increased by €6.2M (34.9%) from €17.8M to €24M.

Destinations In August 2024, Ammonia were exported mostly to France (€2.96M), Germany (€1.49M), Netherlands (€158k), Nigeria (€35.4k), and Italy (€25.2k), and were imported mostly from Russia (€11.4M), Netherlands (€10.5M), France (€1.38M), Austria (€427k), and Germany (€204k).

Growth In August 2024, the increase in Ammonia's year-by-year exports was explained primarily by an increase in exports to Germany (€4.25M or 42.6%), France (€606k or 86.6%), and Netherlands (€146k or 117%). In August 2024, the increase in Ammonia's year-by-year imports was explained primarily by an increase in imports from Germany (€220k or 35.7%) and United States (€35.7k or 95.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€3.95M(454%)
IMPORT GROWTH (August 2023 - August 2024)€6.2M(34.9%)
MAIN DESTINATION (August 2024)France€2.96M

This section shows Ammonia'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 Ammonia over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$192M
IMPORTS (2022)$1.06B
NET TRADE (2022)-$864M

In 2022, Belgium exported $192M in Ammonia. The main destinations of Belgium exports on Ammonia were Germany ($139M), France ($41.6M), Netherlands ($3.86M), United States ($1.71M), and Italy ($909k).

In 2022, Belgium imported $1.06B in Ammonia, mainly from Trinidad and Tobago ($507M), Russia ($176M), Netherlands ($109M), Algeria ($83.4M), and Indonesia ($45.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ammonia EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$110M (390%)
France$28M (207%)
Netherlands$941k (32.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ammonia BY Belgium WERE (2021 - 2022):
United States-$193k (-10.1%)
Luxembourg-$74.2k (-12.2%)
Norway-$45k (-58.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Ammonia were:
Trinidad and Tobago $3.53B
Saudi Arabia $2.3B
Indonesia $1.83B
In 2022, Belgium's main importing competitors in Ammonia were:
United States $2.31B
India $2.16B
Morocco $1.8B

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Trade Value of Ammonia by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $12.2M
TOP IMPORT POTENTIALNetherlands+ $23.4M

Ammonia’s highest export potential is France. With an export gap of $12.2M.   Ammonia’s highest import potential is Netherlands with an import gap of $23.4M.

See methodology.

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