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2022
Exports $340MWorld Rnk 9 / 142
Flag Rnk 197 / 1213
2022
Destination $11.1M Russia
2021 - 2022
FASTEST GROWING MARKET $11.1MTurkey
2022
PRODUCT COMPLEXITY IN Raw Tobacco-1.72Rnk 974 / 1025
2022
Imports $1.37BWorld Rnk 1 / 179
Flag Rnk 58 / 1214
2022
Origin $103M India
2021 - 2022
FASTEST GROWING ORIGIN $103MIndia
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $340M in Raw Tobacco, making it the 9th largest exporter of Raw Tobacco in the world. At the same year, Raw Tobacco was the 197th most exported product in Belgium. The main destination of Raw Tobacco exports from Belgium are: Russia ($108M), Turkey ($42.1M), Serbia ($22.2M), Romania ($21M), and Philippines ($18.5M).

The fastest growing export markets for Raw Tobacco of Belgium between 2021 and 2022 were Turkey ($11.1M), Russia ($9.35M), and Greece ($7.68M).

Imports In 2022, Belgium imported $1.37B in Raw Tobacco, becoming the 1st largest importer of Raw Tobacco in the world. At the same year, Raw Tobacco was the 58th most imported product in Belgium. Belgium imports Raw Tobacco primarily from: India ($254M), Argentina ($163M), Malawi ($142M), Zimbabwe ($138M), and China ($116M).

The fastest growing import markets in Raw Tobacco for Belgium between 2021 and 2022 were India ($103M), Argentina ($98M), and Zimbabwe ($68.4M).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Raw Tobacco exports accounted up to €922k and imports accounted up to €1.96M, resulting in a negative trade balance of €1.04M. Between May 2023 and May 2024 the exports of Belgium's   Raw Tobacco have decreased by €-17.1M (-94.9%) from €18M to €922k, while imports decreased by €-12.5M (-86.5%) from €14.5M to €1.96M.

Destinations In May 2024, Raw Tobacco were exported mostly to Brazil (€772k), Canada (€103k), Bangladesh (€41.9k), Germany (€5k), and Armenia (€487), and were imported mostly from Brazil (€975k), Bangladesh (€865k), Germany (€63.2k), China (€30.2k), and Cameroon (€16.1k).

Growth In May 2024, the decrease in Raw Tobacco's year-by-year exports was explained primarily by a decrease in exports to Ukraine (€-833k or -99%), Germany (€-548k or -99.6%), and Egypt (€-422k or -41.2%). In May 2024, the decrease in Raw Tobacco's year-by-year imports was explained primarily by a decrease in imports from Indonesia (€-2.8M or -61.3%), Turkey (€-485k or -97.5%), and Germany (€-485k or -90.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-17.1M(-94.9%)
IMPORT GROWTH (May 2023 - May 2024)€-12.5M(-86.5%)
MAIN DESTINATION (May 2024)Brazil€772k

This section shows Raw 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 Raw Tobacco over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$340M
IMPORTS (2022)$1.37B
NET TRADE (2022)-$1.03B

In 2022, Belgium exported $340M in Raw Tobacco. The main destinations of Belgium exports on Raw Tobacco were Russia ($108M), Turkey ($42.1M), Serbia ($22.2M), Romania ($21M), and Philippines ($18.5M).

In 2022, Belgium imported $1.37B in Raw Tobacco, mainly from India ($254M), Argentina ($163M), Malawi ($142M), Zimbabwe ($138M), and China ($116M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Tobacco EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Turkey$11.1M (35.7%)
Russia$9.35M (9.51%)
Greece$7.68M (268%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Tobacco BY Belgium WERE (2021 - 2022):
Italy-$58.1M (-76.1%)
Philippines-$17.8M (-49%)
Lithuania-$8.59M (-68.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Raw Tobacco were:
Brazil $1.73B
India $917M
Zimbabwe $835M
In 2022, Belgium's main importing competitors in Raw Tobacco were:
China $1.15B
Indonesia $576M

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Trade Value of Raw Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $5.05M
TOP IMPORT POTENTIALGermany+ $13.8M

Raw Tobacco’s highest export potential is France. With an export gap of $5.05M.   Raw Tobacco’s highest import potential is Germany with an import gap of $13.8M.

See methodology.

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