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2022
Exports $15.7MWorld Rnk 11 / 78
Flag Rnk 789 / 1213
2022
Destination $1.05M Italy
2021 - 2022
FASTEST GROWING MARKET $1.05MItaly
2022
PRODUCT COMPLEXITY IN Phosphoric Esters and Salts1.77Rnk 16 / 1025
2022
Imports $52.9MWorld Rnk 6 / 145
Flag Rnk 647 / 1214
2022
Origin $1.92M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $1.92MUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $15.7M in Phosphoric Esters and Salts, making it the 11th largest exporter of Phosphoric Esters and Salts in the world. At the same year, Phosphoric Esters and Salts was the 789th most exported product in Belgium. The main destination of Phosphoric Esters and Salts exports from Belgium are: Italy ($6.83M), Germany ($1.98M), France ($1.62M), Netherlands ($1.26M), and United Kingdom ($585k).

The fastest growing export markets for Phosphoric Esters and Salts of Belgium between 2021 and 2022 were Italy ($1.05M), Germany ($827k), and France ($474k).

Imports In 2022, Belgium imported $52.9M in Phosphoric Esters and Salts, becoming the 6th largest importer of Phosphoric Esters and Salts in the world. At the same year, Phosphoric Esters and Salts was the 647th most imported product in Belgium. Belgium imports Phosphoric Esters and Salts primarily from: Netherlands ($16.1M), Germany ($10.1M), China ($9.2M), United States ($6.99M), and Italy ($4.24M).

The fastest growing import markets in Phosphoric Esters and Salts for Belgium between 2021 and 2022 were United States ($1.92M), Italy ($1.57M), and Austria ($745k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Phosphoric Esters and Salts exports accounted up to €163k and imports accounted up to €1.81M, resulting in a negative trade balance of €1.65M. Between August 2023 and August 2024 the exports of Belgium's   Phosphoric Esters and Salts have decreased by €-55.1k (-25.3%) from €218k to €163k, while imports decreased by €-367k (-16.8%) from €2.18M to €1.81M.

Destinations In August 2024, Phosphoric Esters and Salts were exported mostly to Germany (€45.8k), United States (€23.4k), France (€23.3k), Spain (€14.9k), and United Arab Emirates (€11.6k), and were imported mostly from Netherlands (€683k), Germany (€414k), Spain (€402k), United States (€94.9k), and Austria (€90.6k).

Growth In August 2024, the decrease in Phosphoric Esters and Salts's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-189k or -86.9%), Czechia (€-89.6k or -98.4%), and Germany (€-44.3k or -19.8%). In August 2024, the decrease in Phosphoric Esters and Salts's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-610k or -46%), China (€-242k or -50.1%), and United States (€-124k or -87.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-55.1k(-25.3%)
IMPORT GROWTH (August 2023 - August 2024)€-367k(-16.8%)
MAIN DESTINATION (August 2024)Germany€45.8k

This section shows Phosphoric Esters and Salts'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 Esters and Salts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.7M
IMPORTS (2022)$52.9M
NET TRADE (2022)-$37.1M

In 2022, Belgium exported $15.7M in Phosphoric Esters and Salts. The main destinations of Belgium exports on Phosphoric Esters and Salts were Italy ($6.83M), Germany ($1.98M), France ($1.62M), Netherlands ($1.26M), and United Kingdom ($585k).

In 2022, Belgium imported $52.9M in Phosphoric Esters and Salts, mainly from Netherlands ($16.1M), Germany ($10.1M), China ($9.2M), United States ($6.99M), and Italy ($4.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Esters and Salts EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$1.05M (18.1%)
Germany$827k (71.7%)
France$474k (41.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Esters and Salts BY Belgium WERE (2021 - 2022):
Hungary-$151k (-99.8%)
Slovenia-$52.3k (-99.3%)
Russia-$44.9k (-65.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Phosphoric Esters and Salts were:
China $705M
Germany $154M
Netherlands $72.9M
In 2022, Belgium's main importing competitors in Phosphoric Esters and Salts were:
United States $188M
Netherlands $112M
South Korea $105M

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Trade Value of Phosphoric Esters and Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.42M
TOP IMPORT POTENTIALGermany+ $2.23M

Phosphoric Esters and Salts’s highest export potential is Germany. With an export gap of $1.42M.   Phosphoric Esters and Salts’s highest import potential is Germany with an import gap of $2.23M.

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