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2023
Exports $336MWorld Rnk 6 / 140
Flag Rnk 210 / 1216
2023
Destination $7.53M Italy
2022 - 2023
FASTEST GROWING MARKET $7.53MSaudi Arabia
2023
PRODUCT COMPLEXITY IN Cellulose0.68Rnk 290 / 1025
2023
Imports $175MWorld Rnk 12 / 198
Flag Rnk 345 / 1213
2023
Origin $5.36M United States
2022 - 2023
FASTEST GROWING ORIGIN $5.36MChina
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $336M in Cellulose, making it the 6th largest exporter of Cellulose in the world. At the same year, Cellulose was the 210th most exported product in Belgium. The main destination of Cellulose exports from Belgium are: Italy ($52.5M), United States ($32.5M), France ($31.9M), Netherlands ($19.8M), and Germany ($17.4M).

The fastest growing export markets for Cellulose of Belgium between 2022 and 2023 were Saudi Arabia ($7.53M), South Korea ($4.66M), and Germany ($2.42M).

Imports In 2023, Belgium imported $175M in Cellulose, becoming the 12th largest importer of Cellulose in the world. At the same year, Cellulose was the 345th most imported product in Belgium. Belgium imports Cellulose primarily from: United States ($104M), Netherlands ($22.3M), France ($17.5M), Germany ($17.2M), and China ($6.35M).

The fastest growing import markets in Cellulose for Belgium between 2022 and 2023 were China ($5.36M), United States ($3.84M), and France ($1.36M).

COMPANIES In 2023, leading companies such as Dow Chemical (41) were at the forefront of shipping Cellulose from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Cellulose exports accounted up to €15.2M and imports accounted up to €9.17M, resulting in a positive trade balance of €6.02M. Between November 2023 and November 2024 the exports of Belgium's   Cellulose have decreased by €-2.02M (-11.7%) from €17.2M to €15.2M, while imports decreased by €-1.85M (-16.8%) from €11M to €9.17M.

Destinations In November 2024, Cellulose were exported mostly to United States (€3.18M), India (€1.64M), Turkey (€992k), Egypt (€867k), and China (€585k), and were imported mostly from United States (€4.48M), Germany (€1.8M), Netherlands (€1.29M), France (€1.28M), and Japan (€147k).

Growth In November 2024, the decrease in Cellulose's year-by-year exports was explained primarily by a decrease in exports to United States (€-990k or -36.1%), Russia (€-805k or -59.2%), and Thailand (€-438k or -97.9%). In November 2024, the decrease in Cellulose's year-by-year imports was explained primarily by a decrease in imports from France (€-1.14M or -66.3%), Finland (€-69.1k or -99.1%), and Sweden (€-31.4k or -7.24%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-2.02M(-11.7%)
IMPORT GROWTH (November 2023 - November 2024)€-1.85M(-16.8%)
MAIN DESTINATION (November 2024)United States€3.18M

This section shows Cellulose'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 Cellulose over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$336M
IMPORTS (2023)$175M
NET TRADE (2023)$160M

In 2023, Belgium exported $336M in Cellulose. The main destinations of Belgium exports on Cellulose were Italy ($52.5M), United States ($32.5M), France ($31.9M), Netherlands ($19.8M), and Germany ($17.4M).

In 2023, Belgium imported $175M in Cellulose, mainly from United States ($104M), Netherlands ($22.3M), France ($17.5M), Germany ($17.2M), and China ($6.35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cellulose EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Saudi Arabia$7.53M (118%)
South Korea$4.66M (212%)
Germany$2.42M (16.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cellulose BY Belgium WERE (2022 - 2023):
India-$16.1M (-70.3%)
Egypt-$6.88M (-47.9%)
Sweden-$5.84M (-36.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Cellulose were:
United States $1.43B
China $1.15B
Germany $1.08B
In 2023, Belgium's main importing competitors in Cellulose were:
India $590M
China $551M
United States $446M

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Trade Value of Cellulose by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.6M
TOP IMPORT POTENTIALGermany+ $20.6M

Cellulose’s highest export potential is Germany. With an export gap of $14.6M.   Cellulose’s highest import potential is Germany with an import gap of $20.6M.

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