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2022
Exports $19.1MWorld Rnk 15 / 131
Flag Rnk 757 / 1213
2022
Destination $1.34M France
2021 - 2022
FASTEST GROWING MARKET $1.34MFrance
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $1.35MWorld Rnk 62 / 189
Flag Rnk 1139 / 1214
2022
Origin $197k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $197kNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $19.1M in Bitumen and asphalt, making it the 15th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 757th most exported product in Belgium. The main destination of Bitumen and asphalt exports from Belgium are: France ($17.5M), Philippines ($632k), Netherlands ($389k), Luxembourg ($311k), and Sweden ($218k).

The fastest growing export markets for Bitumen and asphalt of Belgium between 2021 and 2022 were France ($1.34M), Philippines ($632k), and Sweden ($25.1k).

Imports In 2022, Belgium imported $1.35M in Bitumen and asphalt, becoming the 62nd largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1139th most imported product in Belgium. Belgium imports Bitumen and asphalt primarily from: Netherlands ($903k), Germany ($185k), Turkey ($105k), Portugal ($78.8k), and France ($41.2k).

The fastest growing import markets in Bitumen and asphalt for Belgium between 2021 and 2022 were Netherlands ($197k), Portugal ($8.87k), and United Kingdom ($1.38k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Bitumen and asphalt exports accounted up to €968k and imports accounted up to €959k, resulting in a positive trade balance of €8.24k. Between August 2023 and August 2024 the exports of Belgium's   Bitumen and asphalt have increased by €95.7k (11%) from €872k to €968k, while imports increased by €756k (372%) from €203k to €959k.

Destinations In August 2024, Bitumen and asphalt were exported mostly to France (€965k) and Luxembourg (€3k), and were imported mostly from Netherlands (€744k), Germany (€163k), France (€51.8k), Turkey (€521), and United Kingdom (€13).

Growth In August 2024, the increase in Bitumen and asphalt's year-by-year exports was explained primarily by an increase in exports to . In August 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 (August 2023 - August 2024)€95.7k(11%)
IMPORT GROWTH (August 2023 - August 2024)€756k(372%)
MAIN DESTINATION (August 2024)France€965k

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 (2022)$19.1M
IMPORTS (2022)$1.35M
NET TRADE (2022)$17.8M

In 2022, Belgium exported $19.1M in Bitumen and asphalt. The main destinations of Belgium exports on Bitumen and asphalt were France ($17.5M), Philippines ($632k), Netherlands ($389k), Luxembourg ($311k), and Sweden ($218k).

In 2022, Belgium imported $1.35M in Bitumen and asphalt, mainly from Netherlands ($903k), Germany ($185k), Turkey ($105k), Portugal ($78.8k), and France ($41.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$1.34M (8.26%)
Philippines$632k (1%)
Sweden$25.1k (13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Belgium WERE (2021 - 2022):
Netherlands-$1.89M (-82.9%)
Luxembourg-$142k (-31.3%)
French Polynesia-$97.4k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Belgium's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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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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