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2022
Exports $409MWorld Rnk 7 / 106
Flag Rnk 173 / 1213
2022
Destination $46.8M France
2021 - 2022
FASTEST GROWING MARKET $46.8MFrance
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $385MWorld Rnk 5 / 191
Flag Rnk 224 / 1214
2022
Origin $105M Morocco
2021 - 2022
FASTEST GROWING ORIGIN $105MMorocco
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $409M in Phosphoric Acid, making it the 7th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 173rd most exported product in Belgium. The main destination of Phosphoric Acid exports from Belgium are: France ($116M), Netherlands ($97.1M), United States ($42.3M), Germany ($38.9M), and Ireland ($28.8M).

The fastest growing export markets for Phosphoric Acid of Belgium between 2021 and 2022 were France ($46.8M), Netherlands ($37M), and Ireland ($11.3M).

Imports In 2022, Belgium imported $385M in Phosphoric Acid, becoming the 5th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 224th most imported product in Belgium. Belgium imports Phosphoric Acid primarily from: Morocco ($309M), South Africa ($34.8M), Finland ($12.2M), China ($11.5M), and Netherlands ($8.93M).

The fastest growing import markets in Phosphoric Acid for Belgium between 2021 and 2022 were Morocco ($105M), South Africa ($18.4M), and China ($9.27M).

Latest Trends

September 2024

About

Overview In September 2024 Belgium's Phosphoric Acid exports accounted up to €17.7M and imports accounted up to €8.43M, resulting in a positive trade balance of €9.24M. Between September 2023 and September 2024 the exports of Belgium's   Phosphoric Acid have increased by €4.02M (29.5%) from €13.7M to €17.7M, while imports increased by €7.22M (600%) from €1.2M to €8.43M.

Destinations In September 2024, Phosphoric Acid were exported mostly to Netherlands (€5.52M), France (€5.14M), United Kingdom (€2.32M), Ireland (€1.8M), and Germany (€1.45M), and were imported mostly from Morocco (€7.26M), Netherlands (€631k), China (€269k), Switzerland (€98.5k), and Germany (€70.7k).

Growth In September 2024, the increase in Phosphoric Acid's year-by-year exports was explained primarily by an increase in exports to Netherlands (€4.84M or 293%), France (€2.66M or 31.7%), and Ireland (€1.53M or 81.6%). In September 2024, the increase in Phosphoric Acid's year-by-year imports was explained primarily by an increase in imports from China (€304k or 4.23k%), United Kingdom (€285k or 2.87k%), and Netherlands (€212k or 49.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€4.02M(29.5%)
IMPORT GROWTH (September 2023 - September 2024)€7.22M(600%)
MAIN DESTINATION (September 2024)Netherlands€5.52M

This section shows Phosphoric Acid'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 Phosphoric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$409M
IMPORTS (2022)$385M
NET TRADE (2022)$24.8M

In 2022, Belgium exported $409M in Phosphoric Acid. The main destinations of Belgium exports on Phosphoric Acid were France ($116M), Netherlands ($97.1M), United States ($42.3M), Germany ($38.9M), and Ireland ($28.8M).

In 2022, Belgium imported $385M in Phosphoric Acid, mainly from Morocco ($309M), South Africa ($34.8M), Finland ($12.2M), China ($11.5M), and Netherlands ($8.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$46.8M (67.6%)
Netherlands$37M (61.5%)
Ireland$11.3M (65%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Belgium WERE (2021 - 2022):
Brazil-$2.96M (-86.1%)
Guatemala-$446k (-86.7%)
Eswatini-$441k (-43.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Phosphoric Acid were:
Morocco $2.29B
China $973M
Senegal $846M
In 2022, Belgium's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.7M
TOP IMPORT POTENTIALChina+ $5.59M

Phosphoric Acid’s highest export potential is Germany. With an export gap of $13.7M.   Phosphoric Acid’s highest import potential is China with an import gap of $5.59M.

See methodology.

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