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2018
Exports $19.8MWorld Rnk 12 / 125
Flag Rnk 758 / 1216
2018
Destination $273k France
2022 - 2023
FASTEST GROWING MARKET $273kLuxembourg
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2018
Imports $1.76MWorld Rnk 52 / 188
Flag Rnk 1102 / 1213
2018
Origin $115k Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $115kFrance
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2018, Belgium exported $19.8M in Bitumen and asphalt, making it the 12th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 758th most exported product in Belgium. The main destination of Bitumen and asphalt exports from Belgium are: France ($18.6M), Luxembourg ($917k), United States ($218k), Angola ($9.28k), and Netherlands ($3.05k).

The fastest growing export markets for Bitumen and asphalt of Belgium between 2022 and 2023 were Luxembourg ($273k), United States ($218k), and Angola ($9.28k).

Imports In 2023, Belgium imported $1.76M in Bitumen and asphalt, becoming the 52nd largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1102nd most imported product in Belgium. Belgium imports Bitumen and asphalt primarily from: Netherlands ($1.08M), France ($238k), Germany ($234k), Turkey ($89.2k), and Portugal ($41.3k).

The fastest growing import markets in Bitumen and asphalt for Belgium between 2022 and 2023 were France ($115k), United States ($36.6k), and Luxembourg ($28.9k).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Bitumen and asphalt exports accounted up to €1.49M and imports accounted up to €215k, resulting in a positive trade balance of €1.28M. Between November 2023 and November 2024 the exports of Belgium's   Bitumen and asphalt have increased by €507k (51.5%) from €985k to €1.49M, while imports increased by €129k (152%) from €85.3k to €215k.

Destinations In November 2024, Bitumen and asphalt were exported mostly to France (€1.49M) and Luxembourg (€4.31k), and were imported mostly from France (€170k), Germany (€33.4k), Poland (€6.43k), Netherlands (€4.17k), and United Arab Emirates (€455).

Growth In November 2024, the increase in Bitumen and asphalt's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Bitumen and asphalt's year-by-year imports was explained primarily by an increase in imports from Turkey (€15.6k or 8.34k%) and United Kingdom (€103 or 468%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€507k(51.5%)
IMPORT GROWTH (November 2023 - November 2024)€129k(152%)
MAIN DESTINATION (November 2024)France€1.49M

This section shows Bitumen and asphalt'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 Bitumen and asphalt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$19.8M
IMPORTS (2023)$1.76M
NET TRADE (2023)$18M

In 2023, Belgium exported $19.8M in Bitumen and asphalt. The main destinations of Belgium exports on Bitumen and asphalt were France ($18.6M), Luxembourg ($917k), United States ($218k), Angola ($9.28k), and Netherlands ($3.05k).

In 2023, Belgium imported $1.76M in Bitumen and asphalt, mainly from Netherlands ($1.08M), France ($238k), Germany ($234k), Turkey ($89.2k), and Portugal ($41.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Luxembourg$273k (42.3%)
United States$218k (1%)
Angola$9.28k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Belgium WERE (2022 - 2023):
France-$9.68M (-34.2%)
Netherlands-$1.28M (-99.8%)
Philippines-$724k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, Belgium's main importing competitors in Bitumen and asphalt were:
United Arab Emirates $140M
France $123M
Uruguay $60.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $252k
TOP IMPORT POTENTIALNetherlands+ $202k

Bitumen and asphalt’s highest export potential is Netherlands. With an export gap of $252k.   Bitumen and asphalt’s highest import potential is Netherlands with an import gap of $202k.

See methodology.

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