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Pricing

2022
Exports $78.7MWorld Rnk 13 / 138
Flag Rnk 481 / 1213
2022
Destination $4.29M France
2021 - 2022
FASTEST GROWING MARKET $4.29MGermany
2022
PRODUCT COMPLEXITY IN Prepared Pigments1.08Rnk 144 / 1025
2022
Imports $38.7MWorld Rnk 37 / 195
Flag Rnk 716 / 1214
2022
Origin $4.35M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.35MAustria
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $78.7M in Prepared Pigments, making it the 13th largest exporter of Prepared Pigments in the world. At the same year, Prepared Pigments was the 481st most exported product in Belgium. The main destination of Prepared Pigments exports from Belgium are: France ($15.5M), Germany ($11M), Italy ($8.57M), Poland ($5.32M), and China ($4.32M).

The fastest growing export markets for Prepared Pigments of Belgium between 2021 and 2022 were Germany ($4.29M), France ($2.91M), and Czechia ($1.83M).

Imports In 2022, Belgium imported $38.7M in Prepared Pigments, becoming the 37th largest importer of Prepared Pigments in the world. At the same year, Prepared Pigments was the 716th most imported product in Belgium. Belgium imports Prepared Pigments primarily from: Germany ($11.5M), Netherlands ($5.78M), Japan ($4.59M), Austria ($4.37M), and United Kingdom ($4.22M).

The fastest growing import markets in Prepared Pigments for Belgium between 2021 and 2022 were Austria ($4.35M), Germany ($1.96M), and Netherlands ($1.81M).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Prepared Pigments exports accounted up to €636k and imports accounted up to €4.34k, resulting in a positive trade balance of €631k. Between May 2023 and May 2024 the exports of Belgium's   Prepared Pigments have decreased by €-5.4M (-89.5%) from €6.04M to €636k, while imports decreased by €-2.43M (-99.8%) from €2.44M to €4.34k.

Destinations In May 2024, Prepared Pigments were exported mostly to China (€345k), Czechia (€95.9k), Albania (€58.8k), Brazil (€49.4k), and Bulgaria (€33.9k), and were imported mostly from Switzerland (€3.25k), Austria (€1.07k), and China (€19).

Growth In May 2024, the decrease in Prepared Pigments's year-by-year exports was explained primarily by a decrease in exports to France (€-843k or -87.1%), Italy (€-825k or -94.6%), and Germany (€-594k or -79.1%). In May 2024, the decrease in Prepared Pigments's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-198k or -47.7%), Japan (€-155k or -56.2%), and Germany (€-121k or -16%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-5.4M(-89.5%)
IMPORT GROWTH (May 2023 - May 2024)€-2.43M(-99.8%)
MAIN DESTINATION (May 2024)China€345k

This section shows Prepared Pigments'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 Prepared Pigments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$78.7M
IMPORTS (2022)$38.7M
NET TRADE (2022)$40M

In 2022, Belgium exported $78.7M in Prepared Pigments. The main destinations of Belgium exports on Prepared Pigments were France ($15.5M), Germany ($11M), Italy ($8.57M), Poland ($5.32M), and China ($4.32M).

In 2022, Belgium imported $38.7M in Prepared Pigments, mainly from Germany ($11.5M), Netherlands ($5.78M), Japan ($4.59M), Austria ($4.37M), and United Kingdom ($4.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Pigments EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$4.29M (64.1%)
France$2.91M (23.1%)
Czechia$1.83M (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Pigments BY Belgium WERE (2021 - 2022):
China-$2.56M (-37.2%)
Indonesia-$1.89M (-46%)
South Korea-$944k (-71.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Prepared Pigments were:
Spain $1.21B
China $759M
Japan $627M
In 2022, Belgium's main importing competitors in Prepared Pigments were:
China $483M
Germany $267M
United States $264M

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Trade Value of Prepared Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.82M
TOP IMPORT POTENTIALGermany+ $3.46M

Prepared Pigments’s highest export potential is Germany. With an export gap of $5.82M.   Prepared Pigments’s highest import potential is Germany with an import gap of $3.46M.

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