2023
Exports
$4.11BWorld Rnk 14 / 207
Flag Rnk 18 / 96
2023
PRODUCT COMPLEXITY IN Inorganic chemicals
1.54Rnk 38 / 1025
2023
Imports
$3.49BWorld Rnk 13 / 226
Flag Rnk 20 / 96
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $4.11B in Inorganic chemicals, making it the 14th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 18th most exported product in Belgium. The main destination of Inorganic chemicals exports from Belgium are: Netherlands ($715M), Germany ($666M), France ($606M), United States ($299M), and Italy ($284M).

The fastest growing export markets for Inorganic chemicals of Belgium between 2022 and 2023 were Italy ($81.6M), Chile ($31.1M), and Ireland ($19.8M).

Imports In 2023, Belgium imported $3.49B in Inorganic chemicals, becoming the 13th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 20th most imported product in Belgium. Belgium imports Inorganic chemicals primarily from: Germany ($565M), Netherlands ($494M), Chile ($494M), France ($353M), and South Africa ($217M).

The fastest growing import markets in Inorganic chemicals for Belgium between 2022 and 2023 were Chile ($100M), France ($47.8M), and Portugal ($22.3M).

COMPANIES In 2023, leading companies such as Pirelli Tires (3), TE Connectivity (2), and Baxter Healthcare (1) were at the forefront of shipping Inorganic chemicals from Belgium to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€35.5M(15.2%)
IMPORT GROWTH (November 2023 - November 2024)€-44.3M(-19.8%)
MAIN DESTINATION (November 2024)Netherlands€52.2M

This section shows Inorganic chemicals'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 Inorganic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.11B
IMPORTS (2023)$3.49B
NET TRADE (2023)$627M

In 2023, Belgium exported $4.11B in Inorganic chemicals. The main destinations of Belgium exports on Inorganic chemicals were Netherlands ($715M), Germany ($666M), France ($606M), United States ($299M), and Italy ($284M).

In 2023, Belgium imported $3.49B in Inorganic chemicals, mainly from Germany ($565M), Netherlands ($494M), Chile ($494M), France ($353M), and South Africa ($217M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Italy$81.6M (40.3%)
Chile$31.1M (276%)
Ireland$19.8M (74.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Belgium WERE (2022 - 2023):
Germany-$268M (-28.7%)
France-$226M (-27.2%)
Netherlands-$186M (-20.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Inorganic chemicals were:
In 2023, Belgium's main importing competitors in Inorganic chemicals were:

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $216M
TOP IMPORT POTENTIALGermany+ $159M

Inorganic chemicals’s highest export potential is Germany. With an export gap of $216M.   Inorganic chemicals’s highest import potential is Germany with an import gap of $159M.

See methodology.

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