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2022
Exports $222MWorld Rnk 13 / 123
Flag Rnk 283 / 1213
2022
Destination $45.2M China
2021 - 2022
FASTEST GROWING MARKET $45.2MChina
2022
PRODUCT COMPLEXITY IN Carbon0.21Rnk 483 / 1025
2022
Imports $142MWorld Rnk 18 / 180
Flag Rnk 429 / 1214
2022
Origin $5.43M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $5.43MGermany
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $222M in Carbon, making it the 13th largest exporter of Carbon in the world. At the same year, Carbon was the 283rd most exported product in Belgium. The main destination of Carbon exports from Belgium are: China ($79.2M), Germany ($21.4M), France ($11.2M), Italy ($10.3M), and United States ($9.07M).

The fastest growing export markets for Carbon of Belgium between 2021 and 2022 were China ($45.2M), Italy ($7.96M), and Sweden ($4.21M).

Imports In 2022, Belgium imported $142M in Carbon, becoming the 18th largest importer of Carbon in the world. At the same year, Carbon was the 429th most imported product in Belgium. Belgium imports Carbon primarily from: Netherlands ($44.4M), Germany ($23.6M), United States ($19.3M), Italy ($13.2M), and France ($10.9M).

The fastest growing import markets in Carbon for Belgium between 2021 and 2022 were Germany ($5.43M), China ($2.27M), and Singapore ($1.74M).

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

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Carbon exports accounted up to €15.7M and imports accounted up to €5.6M, resulting in a positive trade balance of €10.1M. Between July 2023 and July 2024 the exports of Belgium's   Carbon have increased by €2.53M (19.1%) from €13.2M to €15.7M, while imports increased by €1.61M (40.4%) from €3.99M to €5.6M.

Destinations In July 2024, Carbon were exported mostly to China (€8.61M), United States (€1.26M), Turkey (€1.04M), United Kingdom (€807k), and South Korea (€695k), and were imported mostly from Germany (€1.78M), Netherlands (€1.3M), India (€1.04M), France (€347k), and Spain (€347k).

Growth In July 2024, the increase in Carbon's year-by-year exports was explained primarily by an increase in exports to China (€4.72M or 186%), United Kingdom (€900k or 147%), and Germany (€364k or 70.2%). In July 2024, the increase in Carbon's year-by-year imports was explained primarily by an increase in imports from Netherlands (€289k or 67.6%), India (€270k or 704%), and Spain (€174k or 67.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€2.53M(19.1%)
IMPORT GROWTH (July 2023 - July 2024)€1.61M(40.4%)
MAIN DESTINATION (July 2024)China€8.61M

This section shows Carbon'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 Carbon over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$222M
IMPORTS (2022)$142M
NET TRADE (2022)$79.6M

In 2022, Belgium exported $222M in Carbon. The main destinations of Belgium exports on Carbon were China ($79.2M), Germany ($21.4M), France ($11.2M), Italy ($10.3M), and United States ($9.07M).

In 2022, Belgium imported $142M in Carbon, mainly from Netherlands ($44.4M), Germany ($23.6M), United States ($19.3M), Italy ($13.2M), and France ($10.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
China$45.2M (133%)
Italy$7.96M (341%)
Sweden$4.21M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY Belgium WERE (2021 - 2022):
Finland-$7.59M (-66.5%)
Hong Kong-$5.51M (-53.3%)
Thailand-$4.68M (-49%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Carbon were:
China $1.45B
Russia $961M
Germany $527M
In 2022, Belgium's main importing competitors in Carbon were:
Poland $714M
Germany $546M
Thailand $531M

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $16.3M
TOP IMPORT POTENTIALGermany+ $9.13M

Carbon’s highest export potential is Germany. With an export gap of $16.3M.   Carbon’s highest import potential is Germany with an import gap of $9.13M.

See methodology.

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