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2022
Exports $22.2MWorld Rnk 6 / 114
Flag Rnk 725 / 1213
2022
Destination $2.92M Germany
2021 - 2022
FASTEST GROWING MARKET $2.92MGermany
2022
Imports $16.6MWorld Rnk 8 / 201
Flag Rnk 861 / 1214
2022
Origin $1.29M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.29MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $22.2M in Hydrochloric Acid, making it the 6th largest exporter of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 725th most exported product in Belgium. The main destination of Hydrochloric Acid exports from Belgium are: Germany ($6.72M), Netherlands ($5.02M), France ($4.54M), Italy ($654k), and United Kingdom ($585k).

The fastest growing export markets for Hydrochloric Acid of Belgium between 2021 and 2022 were Germany ($2.92M), Portugal ($250k), and Italy ($217k).

Imports In 2018, Belgium imported $16.6M in Hydrochloric Acid, becoming the 8th largest importer of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 861st most imported product in Belgium. Belgium imports Hydrochloric Acid primarily from: Germany ($7.25M), Netherlands ($4.02M), France ($2.04M), United States ($571k), and Hungary ($472k).

The fastest growing import markets in Hydrochloric Acid for Belgium between 2021 and 2022 were France ($1.29M), Netherlands ($705k), and Spain ($385k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Hydrochloric Acid exports accounted up to €1.97M and imports accounted up to €1.45M, resulting in a positive trade balance of €517k. Between August 2023 and August 2024 the exports of Belgium's   Hydrochloric Acid have increased by €179k (10%) from €1.79M to €1.97M, while imports decreased by €-704k (-32.6%) from €2.16M to €1.45M.

Destinations In August 2024, Hydrochloric Acid were exported mostly to Germany (€1.13M), Netherlands (€379k), France (€206k), Austria (€41.5k), and United Kingdom (€39.6k), and were imported mostly from Germany (€709k), Netherlands (€344k), France (€186k), United Kingdom (€99.7k), and United States (€85.8k).

Growth In August 2024, the increase in Hydrochloric Acid's year-by-year exports was explained primarily by an increase in exports to Germany (€533k or 264%), Netherlands (€129k or 61.2%), and United Kingdom (€102k or 420%). In August 2024, the decrease in Hydrochloric Acid's year-by-year imports was explained primarily by a decrease in imports from United States (€-66.6k or -87.6%), Italy (€-41.9k or -96.1%), and Czechia (€-1.25k or -87.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€179k(10%)
IMPORT GROWTH (August 2023 - August 2024)€-704k(-32.6%)
MAIN DESTINATION (August 2024)Germany€1.13M

This section shows Hydrochloric Acid'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 Hydrochloric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.2M
IMPORTS (2022)$16.6M
NET TRADE (2022)$5.66M

In 2022, Belgium exported $22.2M in Hydrochloric Acid. The main destinations of Belgium exports on Hydrochloric Acid were Germany ($6.72M), Netherlands ($5.02M), France ($4.54M), Italy ($654k), and United Kingdom ($585k).

In 2022, Belgium imported $16.6M in Hydrochloric Acid, mainly from Germany ($7.25M), Netherlands ($4.02M), France ($2.04M), United States ($571k), and Hungary ($472k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrochloric Acid EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$2.92M (77%)
Portugal$250k (613%)
Italy$217k (49.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrochloric Acid BY Belgium WERE (2021 - 2022):
Netherlands-$3.4M (-40.4%)
France-$664k (-12.8%)
Senegal-$181k (-92.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Hydrochloric Acid were:
Germany $72.1M
Canada $43.4M
Japan $36.9M
In 2022, Belgium's main importing competitors in Hydrochloric Acid were:
Germany $62.2M
United States $59.3M
France $30.3M

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Trade Value of Hydrochloric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.71M
TOP IMPORT POTENTIALGermany+ $484k

Hydrochloric Acid’s highest export potential is Germany. With an export gap of $1.71M.   Hydrochloric Acid’s highest import potential is Germany with an import gap of $484k.

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