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2022
Exports $3.75BWorld Rnk 10 / 175
Flag Rnk 22 / 96
2022
Destination $333M France
2021 - 2022
FASTEST GROWING MARKET $333MFrance
2022
PRODUCT COMPLEXITY IN Fertilizers-0.82Rnk 785 / 1025
2022
Imports $2.19BWorld Rnk 16 / 223
Flag Rnk 38 / 96
2022
Origin $264M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $264MCanada
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $3.75B in Fertilizers, making it the 10th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 22nd most exported product in Belgium. The main destination of Fertilizers exports from Belgium are: France ($1.02B), Germany ($455M), Netherlands ($384M), Spain ($269M), and United Kingdom ($149M).

The fastest growing export markets for Fertilizers of Belgium between 2021 and 2022 were France ($333M), Germany ($192M), and Spain ($80.7M).

Imports In 2022, Belgium imported $2.19B in Fertilizers, becoming the 16th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 38th most imported product in Belgium. Belgium imports Fertilizers primarily from: Netherlands ($483M), Canada ($403M), Germany ($376M), United States ($175M), and Russia ($92.3M).

The fastest growing import markets in Fertilizers for Belgium between 2021 and 2022 were Canada ($264M), United States ($161M), and Germany ($148M).

COMPANIES In 2023, leading companies such as Barry Callebaut (24), TE Connectivity (2), and Volvo (2) were at the forefront of shipping Fertilizers from Belgium to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Fertilizers exports accounted up to €122M and imports accounted up to €61.9M, resulting in a positive trade balance of €60.2M. Between July 2023 and July 2024 the exports of Belgium's   Fertilizers have increased by €22.1M (22.1%) from €100M to €122M, while imports decreased by €-10.5M (-14.5%) from €72.4M to €61.9M.

Destinations In July 2024, Fertilizers were exported mostly to France (€36.3M), Netherlands (€16.6M), Germany (€11.2M), Spain (€8.93M), and China (€5.18M), and were imported mostly from Canada (€20.8M), Netherlands (€13.4M), Jordan (€6.07M), Germany (€5.03M), and France (€3.8M).

Growth In July 2024, the increase in Fertilizers's year-by-year exports was explained primarily by an increase in exports to Spain (€18.5M or 471%), Malaysia (€7.56M or 211%), and Germany (€5.57M or 19.1%). In July 2024, the decrease in Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-31.3M or -64.8%), Russia (€-11.3M or -66.5%), and France (€-4.35M or -73.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€22.1M(22.1%)
IMPORT GROWTH (July 2023 - July 2024)€-10.5M(-14.5%)
MAIN DESTINATION (July 2024)France€36.3M

This section shows Fertilizers'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 Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.75B
IMPORTS (2022)$2.19B
NET TRADE (2022)$1.56B

In 2022, Belgium exported $3.75B in Fertilizers. The main destinations of Belgium exports on Fertilizers were France ($1.02B), Germany ($455M), Netherlands ($384M), Spain ($269M), and United Kingdom ($149M).

In 2022, Belgium imported $2.19B in Fertilizers, mainly from Netherlands ($483M), Canada ($403M), Germany ($376M), United States ($175M), and Russia ($92.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$333M (48.4%)
Germany$192M (73.1%)
Spain$80.7M (42.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Belgium WERE (2021 - 2022):
Italy-$32.5M (-37.6%)
China-$21.1M (-25.7%)
India-$9.82M (-68.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Belgium's main importing competitors in Fertilizers were:
Brazil $22.5B
India $17B
United States $13.3B

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $191M
TOP IMPORT POTENTIALGermany+ $85.1M

Fertilizers’s highest export potential is Germany. With an export gap of $191M.   Fertilizers’s highest import potential is Germany with an import gap of $85.1M.

See methodology.

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