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2023
Exports $8.52MWorld Rnk 29 / 108
Flag Rnk 890 / 1216
2023
Destination $394k Italy
2022 - 2023
FASTEST GROWING MARKET $394kGermany
2023
PRODUCT COMPLEXITY IN Artificial Graphite0.89Rnk 211 / 1025
2023
Imports $13.7MWorld Rnk 34 / 171
Flag Rnk 863 / 1213
2023
Origin $2.22M China
2022 - 2023
FASTEST GROWING ORIGIN $2.22MChina
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $8.52M in Artificial Graphite, making it the 29th largest exporter of Artificial Graphite in the world. At the same year, Artificial Graphite was the 890th most exported product in Belgium. The main destination of Artificial Graphite exports from Belgium are: Italy ($1.91M), Germany ($976k), Malaysia ($815k), France ($526k), and Spain ($499k).

The fastest growing export markets for Artificial Graphite of Belgium between 2022 and 2023 were Germany ($394k), Poland ($201k), and Spain ($201k).

Imports In 2023, Belgium imported $13.7M in Artificial Graphite, becoming the 34th largest importer of Artificial Graphite in the world. At the same year, Artificial Graphite was the 863rd most imported product in Belgium. Belgium imports Artificial Graphite primarily from: China ($3.37M), Canada ($3.11M), Germany ($1.46M), Japan ($1.21M), and Sweden ($622k).

The fastest growing import markets in Artificial Graphite for Belgium between 2022 and 2023 were China ($2.22M), Canada ($272k), and Brazil ($194k).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Artificial Graphite exports accounted up to €751k and imports accounted up to €603k, resulting in a positive trade balance of €148k. Between November 2023 and November 2024 the exports of Belgium's   Artificial Graphite have increased by €614k (451%) from €136k to €751k, while imports increased by €30.5k (5.34%) from €572k to €603k.

Destinations In November 2024, Artificial Graphite were exported mostly to Singapore (€370k), Malaysia (€125k), China (€48.9k), Brazil (€37.3k), and France (€36.7k), and were imported mostly from Canada (€315k), China (€57.5k), Germany (€52.3k), Netherlands (€51.3k), and United States (€36.5k).

Growth In November 2024, the increase in Artificial Graphite's year-by-year exports was explained primarily by an increase in exports to United States (€9.2k or 91.2%), Slovakia (€4.81k or 31.5%), and Germany (€3.28k or 30.9%). In November 2024, the increase in Artificial Graphite's year-by-year imports was explained primarily by an increase in imports from Canada (€146k or 123%), France (€111k or 4.19k%), and Switzerland (€51.6k or 730%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€614k(451%)
IMPORT GROWTH (November 2023 - November 2024)€30.5k(5.34%)
MAIN DESTINATION (November 2024)Singapore€370k

This section shows Artificial Graphite'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 Artificial Graphite over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.52M
IMPORTS (2023)$13.7M
NET TRADE (2023)-$5.22M

In 2023, Belgium exported $8.52M in Artificial Graphite. The main destinations of Belgium exports on Artificial Graphite were Italy ($1.91M), Germany ($976k), Malaysia ($815k), France ($526k), and Spain ($499k).

In 2023, Belgium imported $13.7M in Artificial Graphite, mainly from China ($3.37M), Canada ($3.11M), Germany ($1.46M), Japan ($1.21M), and Sweden ($622k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Artificial Graphite EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Germany$394k (67.5%)
Poland$201k (88.1%)
Spain$201k (67.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Graphite BY Belgium WERE (2022 - 2023):
Singapore-$2.85M (-99.7%)
India-$1.04M (-82.5%)
Italy-$835k (-30.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Artificial Graphite were:
China $2B
Germany $290M
Japan $229M
In 2023, Belgium's main importing competitors in Artificial Graphite were:
United States $585M
Hungary $433M
Poland $413M

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Trade Value of Artificial Graphite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $952k
TOP IMPORT POTENTIALGermany+ $1.92M

Artificial Graphite’s highest export potential is France. With an export gap of $952k.   Artificial Graphite’s highest import potential is Germany with an import gap of $1.92M.

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