Glues, starches, & albuminoid products in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $1.04B in Glues, starches, & albuminoid products, making it the 12th largest exporter of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 47th most exported product in Belgium. The main destination of Glues, starches, & albuminoid products exports from Belgium are: Germany ($176M), Netherlands ($154M), France ($133M), United States ($75.2M), and Poland ($52.3M).

The fastest growing export markets for Glues, starches, & albuminoid products of Belgium between 2021 and 2022 were Germany ($9.55M), Spain ($8.45M), and United Kingdom ($7.26M).

Imports In 2022, Belgium imported $734M in Glues, starches, & albuminoid products, becoming the 19th largest importer of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 60th most imported product in Belgium. Belgium imports Glues, starches, & albuminoid products primarily from: Netherlands ($211M), France ($135M), Germany ($105M), United States ($58.9M), and Denmark ($52.7M).

The fastest growing import markets in Glues, starches, & albuminoid products for Belgium between 2021 and 2022 were France ($24.3M), United States ($14.6M), and Netherlands ($13.6M).

COMPANIES In 2023, leading companies such as DuPont (16), Baxter Healthcare (15), and Volvo (5) were at the forefront of shipping Glues, starches, & albuminoid products from Belgium to the United States.

Latest Trends

August 2024

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Overview In August 2024 Belgium's Glues, starches, & albuminoid products exports accounted up to €62M and imports accounted up to €39.2M, resulting in a positive trade balance of €22.8M. Between August 2023 and August 2024 the exports of Belgium's Glues, starches, & albuminoid products have decreased by €-11.6M (-15.8%) from €73.7M to €62M, while imports decreased by €-3.8M (-8.83%) from €43M to €39.2M.

Destinations In August 2024, Glues, starches, & albuminoid products were exported mostly to Germany (€13.6M), France (€6.48M), Netherlands (€6.42M), United Kingdom (€3.29M), and United States (€3.19M), and were imported mostly from Netherlands (€11.7M), Germany (€6.58M), France (€6.32M), Denmark (€5.9M), and China (€1.12M).

Growth In August 2024, the decrease in Glues, starches, & albuminoid products's year-by-year exports was explained primarily by a decrease in exports to Russia (€-1.29M or -73.2%), China (€-828k or -65.8%), and United States (€-762k or -18.5%). In August 2024, the decrease in Glues, starches, & albuminoid products's year-by-year imports was explained primarily by a decrease in imports from Denmark (€-1.46M or -30.1%), China (€-1.25M or -73.1%), and India (€-697k or -58.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€-11.6M(-15.8%)

IMPORT GROWTH (August 2023 - August 2024)€-3.8M(-8.83%)

MAIN DESTINATION (August 2024)Germany€13.6M

This section shows Glues, starches, & albuminoid products'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 Glues, starches, & albuminoid products over time.

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