2023
Exports
$112MWorld Rnk 15 / 125
Flag Rnk 422 / 1216
2023
PRODUCT COMPLEXITY IN Compounded Unvulcanised Rubber
0.89Rnk 212 / 1025
2023
Imports
$125MWorld Rnk 17 / 204
Flag Rnk 415 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $112M in Compounded Unvulcanised Rubber, making it the 15th largest exporter of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 422nd most exported product in Belgium. The main destination of Compounded Unvulcanised Rubber exports from Belgium are: Germany ($39.8M), Italy ($11.2M), Sweden ($8.37M), France ($8.24M), and Spain ($6.48M).

The fastest growing export markets for Compounded Unvulcanised Rubber of Belgium between 2022 and 2023 were Germany ($5.83M), Italy ($2.1M), and Denmark ($1.23M).

Imports In 2023, Belgium imported $125M in Compounded Unvulcanised Rubber, becoming the 17th largest importer of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 415th most imported product in Belgium. Belgium imports Compounded Unvulcanised Rubber primarily from: United Kingdom ($69.2M), United States ($16.5M), France ($10.5M), Germany ($7.42M), and Netherlands ($4.03M).

The fastest growing import markets in Compounded Unvulcanised Rubber for Belgium between 2022 and 2023 were France ($6.12M), Spain ($1.41M), and Poland ($1.26M).

COMPANIES In 2023, leading companies such as Teknor Apex (3) were at the forefront of shipping Compounded Unvulcanised Rubber from Belgium to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€3.66M(60.2%)
IMPORT GROWTH (November 2023 - November 2024)€-3.14M(-37.4%)
MAIN DESTINATION (November 2024)Germany€4.38M

This section shows Compounded Unvulcanised Rubber'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 Compounded Unvulcanised Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$112M
IMPORTS (2023)$125M
NET TRADE (2023)-$12.5M

In 2023, Belgium exported $112M in Compounded Unvulcanised Rubber. The main destinations of Belgium exports on Compounded Unvulcanised Rubber were Germany ($39.8M), Italy ($11.2M), Sweden ($8.37M), France ($8.24M), and Spain ($6.48M).

In 2023, Belgium imported $125M in Compounded Unvulcanised Rubber, mainly from United Kingdom ($69.2M), United States ($16.5M), France ($10.5M), Germany ($7.42M), and Netherlands ($4.03M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compounded Unvulcanised Rubber EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Germany$5.83M (17.1%)
Italy$2.1M (23.1%)
Denmark$1.23M (60.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compounded Unvulcanised Rubber BY Belgium WERE (2022 - 2023):
Netherlands-$3.12M (-33.7%)
France-$2.19M (-21%)
Luxembourg-$1.47M (-93.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Compounded Unvulcanised Rubber were:
In 2023, Belgium's main importing competitors in Compounded Unvulcanised Rubber were:

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Trade Value of Compounded Unvulcanised Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.8M
TOP IMPORT POTENTIALGermany+ $11.7M

Compounded Unvulcanised Rubber’s highest export potential is Germany. With an export gap of $10.8M.   Compounded Unvulcanised Rubber’s highest import potential is Germany with an import gap of $11.7M.

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