2023
Exports
$1.86BWorld Rnk 6 / 157
Flag Rnk 33 / 1216
2023
PRODUCT COMPLEXITY IN Nucleic Acids
1.27Rnk 84 / 1025
2023
Imports
$587MWorld Rnk 10 / 199
Flag Rnk 122 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $1.86B in Nucleic Acids, making it the 6th largest exporter of Nucleic Acids in the world. At the same year, Nucleic Acids was the 33rd most exported product in Belgium. The main destination of Nucleic Acids exports from Belgium are: Italy ($1.05B), France ($158M), United States ($139M), Japan ($97.3M), and Ireland ($86.4M).

The fastest growing export markets for Nucleic Acids of Belgium between 2022 and 2023 were Italy ($541M), France ($48.7M), and Spain ($19M).

Imports In 2023, Belgium imported $587M in Nucleic Acids, becoming the 10th largest importer of Nucleic Acids in the world. At the same year, Nucleic Acids was the 122nd most imported product in Belgium. Belgium imports Nucleic Acids primarily from: Germany ($99.1M), Portugal ($93.9M), United States ($92.8M), Singapore ($88.2M), and Ireland ($80.7M).

The fastest growing import markets in Nucleic Acids for Belgium between 2022 and 2023 were Portugal ($93.9M), South Korea ($7.82M), and Singapore ($5.82M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (6), Volvo (4), and Mercedes-Benz (4) were at the forefront of shipping Nucleic Acids from Belgium to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€35.5M(68.4%)
IMPORT GROWTH (October 2023 - October 2024)€-19.5M(-40.6%)
MAIN DESTINATION (October 2024)Italy€39.3M

This section shows Nucleic Acids'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 Nucleic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.86B
IMPORTS (2023)$587M
NET TRADE (2023)$1.27B

In 2023, Belgium exported $1.86B in Nucleic Acids. The main destinations of Belgium exports on Nucleic Acids were Italy ($1.05B), France ($158M), United States ($139M), Japan ($97.3M), and Ireland ($86.4M).

In 2023, Belgium imported $587M in Nucleic Acids, mainly from Germany ($99.1M), Portugal ($93.9M), United States ($92.8M), Singapore ($88.2M), and Ireland ($80.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nucleic Acids EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Italy$541M (106%)
France$48.7M (44.6%)
Spain$19M (350%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nucleic Acids BY Belgium WERE (2022 - 2023):
United States-$282M (-67%)
Japan-$70.2M (-41.9%)
Ireland-$22M (-20.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Nucleic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $64.2M
TOP IMPORT POTENTIALIreland+ $20.4M

Nucleic Acids’s highest export potential is Germany. With an export gap of $64.2M.   Nucleic Acids’s highest import potential is Ireland with an import gap of $20.4M.

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