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2023
Exports $62.8MWorld Rnk 7 / 131
Flag Rnk 536 / 1216
2023
Destination $1.83M Netherlands
2022 - 2023
FASTEST GROWING MARKET $1.83MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.43Rnk 935 / 1025
2023
Imports $18.8MWorld Rnk 23 / 208
Flag Rnk 804 / 1213
2023
Origin $2.83M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $2.83MSpain
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $62.8M in Asphalt Mixtures, making it the 7th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 536th most exported product in Belgium. The main destination of Asphalt Mixtures exports from Belgium are: Netherlands ($25.5M), France ($12M), United States ($10.5M), Canada ($6.52M), and United Kingdom ($2.84M).

The fastest growing export markets for Asphalt Mixtures of Belgium between 2022 and 2023 were United Kingdom ($1.83M), Democratic Republic of the Congo ($259k), and Germany ($174k).

Imports In 2023, Belgium imported $18.8M in Asphalt Mixtures, becoming the 23rd largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 804th most imported product in Belgium. Belgium imports Asphalt Mixtures primarily from: Netherlands ($6.5M), France ($4.86M), Spain ($2.85M), Germany ($2.43M), and United States ($1.17M).

The fastest growing import markets in Asphalt Mixtures for Belgium between 2022 and 2023 were Spain ($2.83M), France ($2.56M), and Poland ($133k).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Asphalt Mixtures exports accounted up to €2.55M and imports accounted up to €809k, resulting in a positive trade balance of €1.74M. Between November 2023 and November 2024 the exports of Belgium's   Asphalt Mixtures have increased by €585k (29.8%) from €1.96M to €2.55M, while imports increased by €267k (49.3%) from €542k to €809k.

Destinations In November 2024, Asphalt Mixtures were exported mostly to Germany (€1.11M), France (€1.06M), United Kingdom (€125k), Luxembourg (€66.1k), and Norway (€33k), and were imported mostly from Netherlands (€398k), Germany (€194k), United States (€102k), Poland (€51.2k), and France (€50.9k).

Growth In November 2024, the increase in Asphalt Mixtures's year-by-year exports was explained primarily by an increase in exports to France (€426k or 38.8%), United Kingdom (€91.5k or 110%), and Switzerland (€55.9k or 126%). In November 2024, the increase in Asphalt Mixtures's year-by-year imports was explained primarily by an increase in imports from United States (€114k or 579%) and France (€2.93k or 11.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€585k(29.8%)
IMPORT GROWTH (November 2023 - November 2024)€267k(49.3%)
MAIN DESTINATION (November 2024)Germany€1.11M

This section shows Asphalt Mixtures'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 Asphalt Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$62.8M
IMPORTS (2023)$18.8M
NET TRADE (2023)$43.9M

In 2023, Belgium exported $62.8M in Asphalt Mixtures. The main destinations of Belgium exports on Asphalt Mixtures were Netherlands ($25.5M), France ($12M), United States ($10.5M), Canada ($6.52M), and United Kingdom ($2.84M).

In 2023, Belgium imported $18.8M in Asphalt Mixtures, mainly from Netherlands ($6.5M), France ($4.86M), Spain ($2.85M), Germany ($2.43M), and United States ($1.17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
United Kingdom$1.83M (179%)
Democratic Republic of the Congo$259k (83.3%)
Germany$174k (14.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Belgium WERE (2022 - 2023):
United States-$7.33M (-41.2%)
Netherlands-$5.79M (-18.5%)
France-$4.75M (-28.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Asphalt Mixtures were:
Japan $438M
United States $187M
Canada $122M
In 2023, Belgium's main importing competitors in Asphalt Mixtures were:
United Kingdom $279M
United States $188M
Malaysia $117M

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.46M
TOP IMPORT POTENTIALGermany+ $1.69M

Asphalt Mixtures’s highest export potential is Germany. With an export gap of $2.46M.   Asphalt Mixtures’s highest import potential is Germany with an import gap of $1.69M.

See methodology.

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