2023
Exports
$239MWorld Rnk 9 / 111
Flag Rnk 276 / 1216
2023
PRODUCT COMPLEXITY IN Carbon
0.3Rnk 457 / 1025
2023
Imports
$81.8MWorld Rnk 25 / 173
Flag Rnk 503 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $239M in Carbon, making it the 9th largest exporter of Carbon in the world. At the same year, Carbon was the 276th most exported product in Belgium. The main destination of Carbon exports from Belgium are: China ($84.5M), Germany ($33.7M), Netherlands ($20.8M), Slovenia ($16.8M), and Italy ($15.6M).

The fastest growing export markets for Carbon of Belgium between 2022 and 2023 were Netherlands ($16.5M), China ($11.8M), and Spain ($10.5M).

Imports In 2023, Belgium imported $81.8M in Carbon, becoming the 25th largest importer of Carbon in the world. At the same year, Carbon was the 503rd most imported product in Belgium. Belgium imports Carbon primarily from: Germany ($17.1M), France ($16.9M), Netherlands ($16.4M), Italy ($6.19M), and Spain ($4.75M).

The fastest growing import markets in Carbon for Belgium between 2022 and 2023 were Netherlands ($6.77M), France ($4.43M), and Australia ($2.14M).

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

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€3.38M(24.1%)
IMPORT GROWTH (November 2023 - November 2024)€4.62M(254%)
MAIN DESTINATION (November 2024)China€11.6M

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 (2023)$239M
IMPORTS (2023)$81.8M
NET TRADE (2023)$157M

In 2023, Belgium exported $239M in Carbon. The main destinations of Belgium exports on Carbon were China ($84.5M), Germany ($33.7M), Netherlands ($20.8M), Slovenia ($16.8M), and Italy ($15.6M).

In 2023, Belgium imported $81.8M in Carbon, mainly from Germany ($17.1M), France ($16.9M), Netherlands ($16.4M), Italy ($6.19M), and Spain ($4.75M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Netherlands$16.5M (387%)
China$11.8M (16.2%)
Spain$10.5M (706%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY Belgium WERE (2022 - 2023):
Germany-$3.62M (-9.71%)
Sweden-$3.52M (-26.2%)
Japan-$3.12M (-62.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Carbon were:
China $1.15B
In 2023, Belgium's main importing competitors in Carbon were:

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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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