2022
Exports
$71.4MWorld Rnk 7 / 109
Flag Rnk 504 / 1213
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates
-0.15Rnk 597 / 1025
2022
Imports
$59.1MWorld Rnk 6 / 183
Flag Rnk 615 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $71.4M in Nitrites and Nitrates, making it the 7th largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 504th most exported product in Belgium. The main destination of Nitrites and Nitrates exports from Belgium are: Netherlands ($14.8M), Germany ($12.5M), France ($8.58M), Israel ($4.62M), and Spain ($3.68M).

The fastest growing export markets for Nitrites and Nitrates of Belgium between 2021 and 2022 were France ($2.22M), Israel ($2.02M), and Kenya ($1.12M).

Imports In 2022, Belgium imported $59.1M in Nitrites and Nitrates, becoming the 6th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 615th most imported product in Belgium. Belgium imports Nitrites and Nitrates primarily from: Netherlands ($32.2M), Jordan ($14.4M), France ($3.36M), Denmark ($2.81M), and Germany ($2.15M).

The fastest growing import markets in Nitrites and Nitrates for Belgium between 2021 and 2022 were Netherlands ($14.3M), France ($1.6M), and Belarus ($1.09M).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€1.01M(43.4%)
IMPORT GROWTH (September 2023 - September 2024)€708k(25.9%)
MAIN DESTINATION (September 2024)Hong Kong€980k

This section shows Nitrites and Nitrates'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 Nitrites and Nitrates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71.4M
IMPORTS (2022)$59.1M
NET TRADE (2022)$12.3M

In 2022, Belgium exported $71.4M in Nitrites and Nitrates. The main destinations of Belgium exports on Nitrites and Nitrates were Netherlands ($14.8M), Germany ($12.5M), France ($8.58M), Israel ($4.62M), and Spain ($3.68M).

In 2022, Belgium imported $59.1M in Nitrites and Nitrates, mainly from Netherlands ($32.2M), Jordan ($14.4M), France ($3.36M), Denmark ($2.81M), and Germany ($2.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$2.22M (34.9%)
Israel$2.02M (78.1%)
Kenya$1.12M (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Belgium WERE (2021 - 2022):
Spain-$2.29M (-38.4%)
Germany-$1.68M (-11.8%)
Australia-$1.3M (-26.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
In 2022, Belgium's main importing competitors in Nitrites and Nitrates were:

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $3.14M
TOP IMPORT POTENTIALGermany+ $1.56M

Nitrites and Nitrates’s highest export potential is Netherlands. With an export gap of $3.14M.   Nitrites and Nitrates’s highest import potential is Germany with an import gap of $1.56M.

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