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2022
Exports $197MWorld Rnk 9 / 182
Flag Rnk 304 / 1213
2022
Destination $4.97M France
2021 - 2022
FASTEST GROWING MARKET $4.97MChina
2022
PRODUCT COMPLEXITY IN Aqueous Paints-0.067Rnk 571 / 1025
2022
Imports $227MWorld Rnk 10 / 223
Flag Rnk 332 / 1214
2022
Origin $618k Germany
2021 - 2022
FASTEST GROWING ORIGIN $618kItaly
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $197M in Aqueous Paints, making it the 9th largest exporter of Aqueous Paints in the world. At the same year, Aqueous Paints was the 304th most exported product in Belgium. The main destination of Aqueous Paints exports from Belgium are: France ($37.9M), Netherlands ($33.7M), Germany ($14.5M), Italy ($13.8M), and United Kingdom ($12.7M).

The fastest growing export markets for Aqueous Paints of Belgium between 2021 and 2022 were China ($4.97M), South Korea ($3.52M), and Morocco ($1.82M).

Imports In 2022, Belgium imported $227M in Aqueous Paints, becoming the 10th largest importer of Aqueous Paints in the world. At the same year, Aqueous Paints was the 332nd most imported product in Belgium. Belgium imports Aqueous Paints primarily from: Germany ($98.1M), Netherlands ($71.1M), France ($30.8M), Italy ($7.87M), and United Kingdom ($6.34M).

The fastest growing import markets in Aqueous Paints for Belgium between 2021 and 2022 were Italy ($618k), United States ($302k), and Estonia ($213k).

COMPANIES In 2023, leading companies such as Hyosung (1) and LG Electronics (1) were at the forefront of shipping Aqueous Paints from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Aqueous Paints exports accounted up to €2.41M and imports accounted up to €63.7k, resulting in a positive trade balance of €2.35M. Between May 2023 and May 2024 the exports of Belgium's   Aqueous Paints have decreased by €-10.2M (-80.9%) from €12.6M to €2.41M, while imports decreased by €-15.6M (-99.6%) from €15.7M to €63.7k.

Destinations In May 2024, Aqueous Paints were exported mostly to China (€547k), Australia (€462k), Belarus (€455k), Switzerland (€326k), and Austria (€250k), and were imported mostly from Austria (€31.3k), Canada (€26.5k), Switzerland (€5.27k), Czechia (€382), and China (€181).

Growth In May 2024, the decrease in Aqueous Paints's year-by-year exports was explained primarily by a decrease in exports to France (€-1.92M or -50.3%), Netherlands (€-682k or -29.7%), and Germany (€-572k or -45.8%). In May 2024, the decrease in Aqueous Paints's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.4M or -23.8%), Netherlands (€-563k or -10.8%), and United States (€-56.7k or -49.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-10.2M(-80.9%)
IMPORT GROWTH (May 2023 - May 2024)€-15.6M(-99.6%)
MAIN DESTINATION (May 2024)China€547k

This section shows Aqueous Paints'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 Aqueous Paints over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$197M
IMPORTS (2022)$227M
NET TRADE (2022)-$29.9M

In 2022, Belgium exported $197M in Aqueous Paints. The main destinations of Belgium exports on Aqueous Paints were France ($37.9M), Netherlands ($33.7M), Germany ($14.5M), Italy ($13.8M), and United Kingdom ($12.7M).

In 2022, Belgium imported $227M in Aqueous Paints, mainly from Germany ($98.1M), Netherlands ($71.1M), France ($30.8M), Italy ($7.87M), and United Kingdom ($6.34M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aqueous Paints EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
China$4.97M (266%)
South Korea$3.52M (1.38k%)
Morocco$1.82M (209%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aqueous Paints BY Belgium WERE (2021 - 2022):
Germany-$3.73M (-20.4%)
Sweden-$3.41M (-58.5%)
Spain-$3.25M (-55.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Aqueous Paints were:
Germany $1.36B
United States $1.09B
Italy $482M
In 2022, Belgium's main importing competitors in Aqueous Paints were:
Canada $663M
Germany $448M
United States $420M

Explore Visualizations

Trade Value of Aqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.7M
TOP IMPORT POTENTIALGermany+ $16.2M

Aqueous Paints’s highest export potential is Germany. With an export gap of $13.7M.   Aqueous Paints’s highest import potential is Germany with an import gap of $16.2M.

See methodology.

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