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Pricing

2022
Exports $5.66MWorld Rnk 8 / 91
Flag Rnk 943 / 1213
2022
Destination $438k Netherlands
2021 - 2022
FASTEST GROWING MARKET $438kFrance
2022
Imports $13.3MWorld Rnk 6 / 178
Flag Rnk 902 / 1214
2022
Origin $383k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $383kUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $5.66M in Lake Pigments, making it the 8th largest exporter of Lake Pigments in the world. At the same year, Lake Pigments was the 943rd most exported product in Belgium. The main destination of Lake Pigments exports from Belgium are: Netherlands ($1.67M), France ($1.33M), Italy ($1.08M), Hungary ($353k), and Germany ($338k).

The fastest growing export markets for Lake Pigments of Belgium between 2021 and 2022 were France ($438k), Italy ($394k), and Brazil ($90.3k).

Imports In 2022, Belgium imported $13.3M in Lake Pigments, becoming the 6th largest importer of Lake Pigments in the world. At the same year, Lake Pigments was the 902nd most imported product in Belgium. Belgium imports Lake Pigments primarily from: Netherlands ($5.34M), United States ($2.2M), Germany ($1.48M), France ($789k), and Denmark ($682k).

The fastest growing import markets in Lake Pigments for Belgium between 2021 and 2022 were United States ($383k), Sweden ($313k), and Slovenia ($279k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Lake Pigments exports accounted up to €10.2k and imports accounted up to €221, resulting in a positive trade balance of €10k. Between May 2023 and May 2024 the exports of Belgium's   Lake Pigments have decreased by €-408k (-97.6%) from €418k to €10.2k, while imports decreased by €-1.72M (-100%) from €1.72M to €221.

Destinations In May 2024, Lake Pigments were exported mostly to Austria (€5k), China (€2.9k), Cyprus (€1.14k), Switzerland (€937), and Canada (€241), and were imported mostly from Czechia (€221).

Growth In May 2024, the decrease in Lake Pigments's year-by-year exports was explained primarily by a decrease in exports to France (€-47.8k or -29.9%), Germany (€-14.5k or -75%), and Netherlands (€-8.24k or -6.01%). In May 2024, the decrease in Lake Pigments's year-by-year imports was explained primarily by a decrease in imports from Italy (€-22.6k or -36.9%) and Sweden (€-542 or -23.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-408k(-97.6%)
IMPORT GROWTH (May 2023 - May 2024)€-1.72M(-100%)
MAIN DESTINATION (May 2024)Austria€5k

This section shows Lake Pigments'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 Lake Pigments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.66M
IMPORTS (2022)$13.3M
NET TRADE (2022)-$7.68M

In 2022, Belgium exported $5.66M in Lake Pigments. The main destinations of Belgium exports on Lake Pigments were Netherlands ($1.67M), France ($1.33M), Italy ($1.08M), Hungary ($353k), and Germany ($338k).

In 2022, Belgium imported $13.3M in Lake Pigments, mainly from Netherlands ($5.34M), United States ($2.2M), Germany ($1.48M), France ($789k), and Denmark ($682k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lake Pigments EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$438k (49.1%)
Italy$394k (57.8%)
Brazil$90.3k (350%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lake Pigments BY Belgium WERE (2021 - 2022):
Netherlands-$1.61M (-49.2%)
Romania-$111k (-52.1%)
Germany-$107k (-24.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Lake Pigments were:
Peru $73.3M
India $68.4M
United States $42M
In 2022, Belgium's main importing competitors in Lake Pigments were:
United States $29.2M
Mexico $19.8M
Bangladesh $19.4M

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Trade Value of Lake Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $307k
TOP IMPORT POTENTIALGermany+ $341k

Lake Pigments’s highest export potential is Germany. With an export gap of $307k.   Lake Pigments’s highest import potential is Germany with an import gap of $341k.

See methodology.

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