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2022
Exports $172MWorld Rnk 18 / 146
Flag Rnk 340 / 1213
2022
Destination $4.38M France
2021 - 2022
FASTEST GROWING MARKET $4.38MSwitzerland
2022
PRODUCT COMPLEXITY IN Processed Tobacco-0.82Rnk 782 / 1025
2022
Imports $212MWorld Rnk 13 / 212
Flag Rnk 344 / 1214
2022
Origin $14.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $14.6MHungary
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $172M in Processed Tobacco, making it the 18th largest exporter of Processed Tobacco in the world. At the same year, Processed Tobacco was the 340th most exported product in Belgium. The main destination of Processed Tobacco exports from Belgium are: France ($39M), Spain ($34.5M), Germany ($22.5M), Luxembourg ($16.9M), and Switzerland ($7.41M).

The fastest growing export markets for Processed Tobacco of Belgium between 2021 and 2022 were Switzerland ($4.38M), Philippines ($3.91M), and Bulgaria ($3.48M).

Imports In 2022, Belgium imported $212M in Processed Tobacco, becoming the 13th largest importer of Processed Tobacco in the world. At the same year, Processed Tobacco was the 344th most imported product in Belgium. Belgium imports Processed Tobacco primarily from: Germany ($44.8M), Netherlands ($41.4M), France ($37.2M), Poland ($37.2M), and Hungary ($18.6M).

The fastest growing import markets in Processed Tobacco for Belgium between 2021 and 2022 were Hungary ($14.6M), Malaysia ($3.05M), and Sri Lanka ($2.41M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Processed Tobacco exports accounted up to €13.2M and imports accounted up to €5.26M, resulting in a positive trade balance of €7.9M. Between August 2023 and August 2024 the exports of Belgium's   Processed Tobacco have decreased by €-1.85M (-12.3%) from €15M to €13.2M, while imports decreased by €-222k (-4.06%) from €5.48M to €5.26M.

Destinations In August 2024, Processed Tobacco were exported mostly to Spain (€5.97M), Luxembourg (€2.57M), France (€1.9M), Germany (€931k), and Italy (€267k), and were imported mostly from Netherlands (€1.94M), Germany (€1.56M), Hungary (€484k), Poland (€474k), and Denmark (€341k).

Growth In August 2024, the decrease in Processed Tobacco's year-by-year exports was explained primarily by a decrease in exports to Germany (€-315k or -39.3%), United Kingdom (€-195k or -81.1%), and Switzerland (€-127k or -26.1%). In August 2024, the decrease in Processed Tobacco's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-734k or -34.2%) and Germany (€-89.1k or -7.01%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-1.85M(-12.3%)
IMPORT GROWTH (August 2023 - August 2024)€-222k(-4.06%)
MAIN DESTINATION (August 2024)Spain€5.97M

This section shows Processed Tobacco'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 Processed Tobacco over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$172M
IMPORTS (2022)$212M
NET TRADE (2022)-$40.3M

In 2022, Belgium exported $172M in Processed Tobacco. The main destinations of Belgium exports on Processed Tobacco were France ($39M), Spain ($34.5M), Germany ($22.5M), Luxembourg ($16.9M), and Switzerland ($7.41M).

In 2022, Belgium imported $212M in Processed Tobacco, mainly from Germany ($44.8M), Netherlands ($41.4M), France ($37.2M), Poland ($37.2M), and Hungary ($18.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Tobacco EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Switzerland$4.38M (144%)
Philippines$3.91M (3.44k%)
Bulgaria$3.48M (2.56k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Tobacco BY Belgium WERE (2021 - 2022):
Luxembourg-$47.6M (-73.8%)
France-$10.8M (-21.7%)
Greece-$7.48M (-85.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Processed Tobacco were:
Italy $1.93B
Germany $955M
Romania $949M
In 2022, Belgium's main importing competitors in Processed Tobacco were:
Japan $1.75B
Germany $727M
Poland $596M

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Trade Value of Processed Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.4M
TOP IMPORT POTENTIALGermany+ $11.9M

Processed Tobacco’s highest export potential is Germany. With an export gap of $12.4M.   Processed Tobacco’s highest import potential is Germany with an import gap of $11.9M.

See methodology.

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