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2022
Exports $523MWorld Rnk 11 / 192
Flag Rnk 137 / 1213
2022
Destination $41.3M Netherlands
2021 - 2022
FASTEST GROWING MARKET $41.3MIndonesia
2022
PRODUCT COMPLEXITY IN Nonaqueous Paints0.35Rnk 423 / 1025
2022
Imports $631MWorld Rnk 5 / 225
Flag Rnk 148 / 1214
2022
Origin $104M Germany
2021 - 2022
FASTEST GROWING ORIGIN $104MGermany
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $523M in Nonaqueous Paints, making it the 11th largest exporter of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 137th most exported product in Belgium. The main destination of Nonaqueous Paints exports from Belgium are: Netherlands ($52.2M), France ($47.2M), Indonesia ($46.9M), Germany ($42.6M), and China ($27.7M).

The fastest growing export markets for Nonaqueous Paints of Belgium between 2021 and 2022 were Indonesia ($41.3M), China ($12.7M), and Turkey ($8.75M).

Imports In 2022, Belgium imported $631M in Nonaqueous Paints, becoming the 5th largest importer of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 148th most imported product in Belgium. Belgium imports Nonaqueous Paints primarily from: Germany ($299M), Netherlands ($80.4M), France ($68.5M), Poland ($30.9M), and Austria ($30.3M).

The fastest growing import markets in Nonaqueous Paints for Belgium between 2021 and 2022 were Germany ($104M), Spain ($11.1M), and Italy ($4.58M).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Nonaqueous Paints exports accounted up to €6.99M and imports accounted up to €742k, resulting in a positive trade balance of €6.25M. Between May 2023 and May 2024 the exports of Belgium's   Nonaqueous Paints have decreased by €-33.9M (-82.9%) from €40.9M to €6.99M, while imports decreased by €-30M (-97.6%) from €30.8M to €742k.

Destinations In May 2024, Nonaqueous Paints were exported mostly to China (€2.21M), Belarus (€872k), Austria (€855k), Australia (€672k), and United Arab Emirates (€654k), and were imported mostly from Austria (€582k), Brazil (€53.2k), Switzerland (€38.5k), Czechia (€36.6k), and China (€30.1k).

Growth In May 2024, the decrease in Nonaqueous Paints's year-by-year exports was explained primarily by a decrease in exports to France (€-1.69M or -35.1%), Netherlands (€-1.12M or -24%), and Malaysia (€-429k or -70.1%). In May 2024, the decrease in Nonaqueous Paints's year-by-year imports was explained primarily by a decrease in imports from France (€-1.09M or -19%), Japan (€-757k or -38.5%), and Austria (€-648k or -47.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-33.9M(-82.9%)
IMPORT GROWTH (May 2023 - May 2024)€-30M(-97.6%)
MAIN DESTINATION (May 2024)China€2.21M

This section shows Nonaqueous Paints'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 Nonaqueous Paints over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$523M
IMPORTS (2022)$631M
NET TRADE (2022)-$108M

In 2022, Belgium exported $523M in Nonaqueous Paints. The main destinations of Belgium exports on Nonaqueous Paints were Netherlands ($52.2M), France ($47.2M), Indonesia ($46.9M), Germany ($42.6M), and China ($27.7M).

In 2022, Belgium imported $631M in Nonaqueous Paints, mainly from Germany ($299M), Netherlands ($80.4M), France ($68.5M), Poland ($30.9M), and Austria ($30.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nonaqueous Paints EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Indonesia$41.3M (735%)
China$12.7M (84.4%)
Turkey$8.75M (77.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nonaqueous Paints BY Belgium WERE (2021 - 2022):
Netherlands-$20.9M (-28.6%)
Russia-$9.39M (-58.7%)
Germany-$7.26M (-14.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Nonaqueous Paints were:
Germany $2.56B
United States $1.73B
Japan $1.6B
In 2022, Belgium's main importing competitors in Nonaqueous Paints were:
China $1.23B
United States $863M
Germany $727M

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Trade Value of Nonaqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $38.7M
TOP IMPORT POTENTIALGermany+ $27.5M

Nonaqueous Paints’s highest export potential is Germany. With an export gap of $38.7M.   Nonaqueous Paints’s highest import potential is Germany with an import gap of $27.5M.

See methodology.

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