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2022
Exports $224MWorld Rnk 8 / 161
Flag Rnk 281 / 1213
2022
Destination $30.1M Germany
2021 - 2022
FASTEST GROWING MARKET $30.1MGermany
2022
PRODUCT COMPLEXITY IN Other Inorganic Acids0.33Rnk 431 / 1025
2022
Imports $189MWorld Rnk 10 / 214
Flag Rnk 365 / 1214
2022
Origin $17.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $17.3MGermany
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $224M in Other Inorganic Acids, making it the 8th largest exporter of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 281st most exported product in Belgium. The main destination of Other Inorganic Acids exports from Belgium are: Germany ($38.5M), Netherlands ($30.2M), France ($21.3M), Spain ($14.8M), and United Kingdom ($12.6M).

The fastest growing export markets for Other Inorganic Acids of Belgium between 2021 and 2022 were Germany ($30.1M), Netherlands ($13.3M), and France ($10.8M).

Imports In 2022, Belgium imported $189M in Other Inorganic Acids, becoming the 10th largest importer of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 365th most imported product in Belgium. Belgium imports Other Inorganic Acids primarily from: Germany ($68.3M), Netherlands ($42.5M), China ($10.7M), Turkey ($9.88M), and France ($9.42M).

The fastest growing import markets in Other Inorganic Acids for Belgium between 2021 and 2022 were Germany ($17.3M), Netherlands ($10.3M), and Turkey ($6.19M).

COMPANIES In 2023, leading companies such as Pirelli Tires (3) were at the forefront of shipping Other Inorganic Acids from Belgium to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Belgium's Other Inorganic Acids exports accounted up to €13.1M and imports accounted up to €7.22M, resulting in a positive trade balance of €5.91M. Between September 2023 and September 2024 the exports of Belgium's   Other Inorganic Acids have decreased by €-3.2M (-19.6%) from €16.3M to €13.1M, while imports decreased by €-2.63M (-26.7%) from €9.85M to €7.22M.

Destinations In September 2024, Other Inorganic Acids were exported mostly to Germany (€2.36M), Netherlands (€2.22M), France (€1.49M), United Kingdom (€928k), and Slovakia (€756k), and were imported mostly from Germany (€3.3M), Netherlands (€1.57M), China (€789k), Japan (€367k), and France (€299k).

Growth In September 2024, the decrease in Other Inorganic Acids's year-by-year exports was explained primarily by a decrease in exports to United States (€-1.22M or -69.8%), Spain (€-765k or -58.5%), and Hungary (€-410k or -76.6%). In September 2024, the decrease in Other Inorganic Acids's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.12M or -29.1%), United States (€-400k or -82.4%), and Netherlands (€-244k or -9.46%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-3.2M(-19.6%)
IMPORT GROWTH (September 2023 - September 2024)€-2.63M(-26.7%)
MAIN DESTINATION (September 2024)Germany€2.36M

This section shows Other Inorganic 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 Other Inorganic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$224M
IMPORTS (2022)$189M
NET TRADE (2022)$34.9M

In 2022, Belgium exported $224M in Other Inorganic Acids. The main destinations of Belgium exports on Other Inorganic Acids were Germany ($38.5M), Netherlands ($30.2M), France ($21.3M), Spain ($14.8M), and United Kingdom ($12.6M).

In 2022, Belgium imported $189M in Other Inorganic Acids, mainly from Germany ($68.3M), Netherlands ($42.5M), China ($10.7M), Turkey ($9.88M), and France ($9.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inorganic Acids EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$30.1M (361%)
Netherlands$13.3M (78.4%)
France$10.8M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids BY Belgium WERE (2021 - 2022):
Canada-$725k (-15.6%)
Luxembourg-$313k (-25.9%)
Ghana-$292k (-97.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Other Inorganic Acids were:
China $1.9B
Germany $790M
Japan $453M
In 2022, Belgium's main importing competitors in Other Inorganic Acids were:
United States $760M
China $565M
South Korea $445M

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Trade Value of Other Inorganic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.7M
TOP IMPORT POTENTIALGermany+ $9.64M

Other Inorganic Acids’s highest export potential is Germany. With an export gap of $13.7M.   Other Inorganic Acids’s highest import potential is Germany with an import gap of $9.64M.

See methodology.

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