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2022
Exports $234MWorld Rnk 7 / 148
Flag Rnk 268 / 1213
2022
Destination $2.29M South Korea
2021 - 2022
FASTEST GROWING MARKET $2.29MIsrael
2022
PRODUCT COMPLEXITY IN Photographic Chemicals2.07Rnk 4 / 1025
2022
Imports $111MWorld Rnk 10 / 212
Flag Rnk 489 / 1214
2022
Origin $916k Japan
2021 - 2022
FASTEST GROWING ORIGIN $916kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $234M in Photographic Chemicals, making it the 7th largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 268th most exported product in Belgium. The main destination of Photographic Chemicals exports from Belgium are: South Korea ($64.7M), Germany ($30M), Ireland ($19.9M), Israel ($19.4M), and Italy ($18M).

The fastest growing export markets for Photographic Chemicals of Belgium between 2021 and 2022 were Israel ($2.29M), Austria ($2.24M), and Italy ($1.64M).

Imports In 2022, Belgium imported $111M in Photographic Chemicals, becoming the 10th largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 489th most imported product in Belgium. Belgium imports Photographic Chemicals primarily from: Japan ($45.3M), United States ($34.5M), Netherlands ($12.2M), Germany ($10.2M), and United Kingdom ($6.23M).

The fastest growing import markets in Photographic Chemicals for Belgium between 2021 and 2022 were United Kingdom ($916k), Netherlands ($528k), and China ($318k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Photographic Chemicals exports accounted up to €14.7M and imports accounted up to €4.72M, resulting in a positive trade balance of €9.96M. Between July 2023 and July 2024 the exports of Belgium's   Photographic Chemicals have decreased by €-513k (-3.38%) from €15.2M to €14.7M, while imports decreased by €-1.85M (-28.2%) from €6.56M to €4.72M.

Destinations In July 2024, Photographic Chemicals were exported mostly to South Korea (€3.63M), Germany (€2.52M), Italy (€1.61M), France (€1.04M), and United States (€966k), and were imported mostly from Japan (€3.18M), United States (€981k), Netherlands (€291k), Germany (€199k), and Italy (€19.4k).

Growth In July 2024, the decrease in Photographic Chemicals's year-by-year exports was explained primarily by a decrease in exports to South Korea (€-4.12M or -69.6%), Ireland (€-1.36M or -56%), and Chinese Taipei (€-221k or -85.5%). In July 2024, the decrease in Photographic Chemicals's year-by-year imports was explained primarily by a decrease in imports from Japan (€-104k or -2.73%), France (€-55.9k or -85.3%), and Denmark (€-697 or -54.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-513k(-3.38%)
IMPORT GROWTH (July 2023 - July 2024)€-1.85M(-28.2%)
MAIN DESTINATION (July 2024)South Korea€3.63M

This section shows Photographic Chemicals'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 Photographic Chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$234M
IMPORTS (2022)$111M
NET TRADE (2022)$123M

In 2022, Belgium exported $234M in Photographic Chemicals. The main destinations of Belgium exports on Photographic Chemicals were South Korea ($64.7M), Germany ($30M), Ireland ($19.9M), Israel ($19.4M), and Italy ($18M).

In 2022, Belgium imported $111M in Photographic Chemicals, mainly from Japan ($45.3M), United States ($34.5M), Netherlands ($12.2M), Germany ($10.2M), and United Kingdom ($6.23M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Israel$2.29M (13.4%)
Austria$2.24M (65.2%)
Italy$1.64M (10%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY Belgium WERE (2021 - 2022):
Singapore-$5.63M (-75.5%)
Ireland-$5.03M (-20.2%)
Chinese Taipei-$4.31M (-69%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Photographic Chemicals were:
Japan $3.47B
South Korea $731M
United States $573M
In 2022, Belgium's main importing competitors in Photographic Chemicals were:
China $1.86B
Chinese Taipei $1B
South Korea $583M

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Trade Value of Photographic Chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $7.64M
TOP IMPORT POTENTIALGermany+ $5.19M

Photographic Chemicals’s highest export potential is France. With an export gap of $7.64M.   Photographic Chemicals’s highest import potential is Germany with an import gap of $5.19M.

See methodology.

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