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2023
Exports $15.1MWorld Rnk 47 / 194
Flag Rnk 809 / 1216
2023
Destination $1.98M France
2022 - 2023
FASTEST GROWING MARKET $1.98MGermany
2023
PRODUCT COMPLEXITY IN Perfume Plants-1.84Rnk 985 / 1025
2023
Imports $42.9MWorld Rnk 24 / 215
Flag Rnk 645 / 1213
2023
Origin $4.8M Czechia
2022 - 2023
FASTEST GROWING ORIGIN $4.8MCzechia
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $15.1M in Perfume Plants, making it the 47th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 809th most exported product in Belgium. The main destination of Perfume Plants exports from Belgium are: France ($3.33M), Germany ($2.9M), Netherlands ($2.68M), Luxembourg ($1.46M), and Algeria ($776k).

The fastest growing export markets for Perfume Plants of Belgium between 2022 and 2023 were Germany ($1.98M), Algeria ($776k), and Spain ($370k).

Imports In 2023, Belgium imported $42.9M in Perfume Plants, becoming the 24th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 645th most imported product in Belgium. Belgium imports Perfume Plants primarily from: Czechia ($8.47M), Switzerland ($6.88M), France ($4.34M), Spain ($4.29M), and Morocco ($2.78M).

The fastest growing import markets in Perfume Plants for Belgium between 2022 and 2023 were Czechia ($4.8M), Switzerland ($3.68M), and India ($856k).

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Perfume Plants exports accounted up to €1.31M and imports accounted up to €3.69M, resulting in a negative trade balance of €2.38M. Between October 2023 and October 2024 the exports of Belgium's   Perfume Plants have increased by €181k (16%) from €1.13M to €1.31M, while imports increased by €1.78M (93.3%) from €1.91M to €3.69M.

Destinations In October 2024, Perfume Plants were exported mostly to United States (€311k), France (€277k), Germany (€219k), Netherlands (€96.4k), and Luxembourg (€88.3k), and were imported mostly from Switzerland (€1.06M), Turkey (€395k), Morocco (€360k), France (€360k), and India (€354k).

Growth In October 2024, the increase in Perfume Plants's year-by-year exports was explained primarily by an increase in exports to United States (€85.4k or 502k%), India (€69.7k or 301%), and Germany (€42.7k or 61.2%). In October 2024, the increase in Perfume Plants's year-by-year imports was explained primarily by an increase in imports from India (€275k or 212%), Spain (€205k or 205%), and Egypt (€172k or 870%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€181k(16%)
IMPORT GROWTH (October 2023 - October 2024)€1.78M(93.3%)
MAIN DESTINATION (October 2024)United States€311k

This section shows Perfume Plants'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 Perfume Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$15.1M
IMPORTS (2023)$42.9M
NET TRADE (2023)-$27.8M

In 2023, Belgium exported $15.1M in Perfume Plants. The main destinations of Belgium exports on Perfume Plants were France ($3.33M), Germany ($2.9M), Netherlands ($2.68M), Luxembourg ($1.46M), and Algeria ($776k).

In 2023, Belgium imported $42.9M in Perfume Plants, mainly from Czechia ($8.47M), Switzerland ($6.88M), France ($4.34M), Spain ($4.29M), and Morocco ($2.78M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Germany$1.98M (218%)
Algeria$776k (1%)
Spain$370k (262%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Belgium WERE (2022 - 2023):
France-$5.22M (-61.1%)
Austria-$325k (-74.5%)
United States-$191k (-34.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Perfume Plants were:
China $988M
India $467M
Canada $279M
In 2023, Belgium's main importing competitors in Perfume Plants were:
United States $512M
Germany $428M
China $337M

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.7M
TOP IMPORT POTENTIALGermany+ $2.15M

Perfume Plants’s highest export potential is Germany. With an export gap of $1.7M.   Perfume Plants’s highest import potential is Germany with an import gap of $2.15M.

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