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2018
Exports $190MWorld Rnk 6 / 181
Flag Rnk 313 / 1213
2018
Destination $6.95M Netherlands
2021 - 2022
FASTEST GROWING MARKET $6.95MTurkey
2022
PRODUCT COMPLEXITY IN Scrap Plastic-0.71Rnk 759 / 1025
2018
Imports $154MWorld Rnk 9 / 188
Flag Rnk 409 / 1214
2018
Origin $11.3M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $11.3MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2018, Belgium exported $190M in Scrap Plastic, making it the 6th largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 313th most exported product in Belgium. The main destination of Scrap Plastic exports from Belgium are: Netherlands ($57.8M), France ($29.7M), Turkey ($20.7M), Germany ($15.8M), and Indonesia ($8.97M).

The fastest growing export markets for Scrap Plastic of Belgium between 2021 and 2022 were Turkey ($6.95M), France ($6.78M), and Germany ($5.33M).

Imports In 2022, Belgium imported $154M in Scrap Plastic, becoming the 9th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 409th most imported product in Belgium. Belgium imports Scrap Plastic primarily from: Netherlands ($57.9M), France ($24.3M), Germany ($20M), United Kingdom ($15.4M), and China ($6.31M).

The fastest growing import markets in Scrap Plastic for Belgium between 2021 and 2022 were Netherlands ($11.3M), United Kingdom ($9.89M), and China ($4.63M).

Latest Trends

September 2024

About

Overview In September 2024 Belgium's Scrap Plastic exports accounted up to €9.25M and imports accounted up to €7.67M, resulting in a positive trade balance of €1.58M. Between September 2023 and September 2024 the exports of Belgium's   Scrap Plastic have decreased by €-1.55M (-14.4%) from €10.8M to €9.25M, while imports decreased by €-436k (-5.38%) from €8.11M to €7.67M.

Destinations In September 2024, Scrap Plastic were exported mostly to Netherlands (€2.9M), France (€2.1M), Indonesia (€1.12M), Germany (€952k), and Italy (€505k), and were imported mostly from Netherlands (€2.85M), France (€2.19M), Germany (€1.12M), United Kingdom (€688k), and Italy (€186k).

Growth In September 2024, the decrease in Scrap Plastic's year-by-year exports was explained primarily by a decrease in exports to France (€-728k or -27%), Turkey (€-685k or -64.4%), and Malaysia (€-585k or -60.9%). In September 2024, the decrease in Scrap Plastic's year-by-year imports was explained primarily by a decrease in imports from France (€-388k or -12.7%), Lithuania (€-387k or -97%), and Spain (€-358k or -70.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-1.55M(-14.4%)
IMPORT GROWTH (September 2023 - September 2024)€-436k(-5.38%)
MAIN DESTINATION (September 2024)Netherlands€2.9M

This section shows Scrap Plastic'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 Scrap Plastic over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$190M
IMPORTS (2022)$154M
NET TRADE (2022)$35.4M

In 2022, Belgium exported $190M in Scrap Plastic. The main destinations of Belgium exports on Scrap Plastic were Netherlands ($57.8M), France ($29.7M), Turkey ($20.7M), Germany ($15.8M), and Indonesia ($8.97M).

In 2022, Belgium imported $154M in Scrap Plastic, mainly from Netherlands ($57.9M), France ($24.3M), Germany ($20M), United Kingdom ($15.4M), and China ($6.31M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Plastic EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Turkey$6.95M (50.7%)
France$6.78M (29.6%)
Germany$5.33M (50.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Plastic BY Belgium WERE (2021 - 2022):
Luxembourg-$864k (-19.9%)
Slovakia-$749k (-54.7%)
United States-$457k (-22.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Scrap Plastic were:
Germany $355M
Netherlands $309M
United States $290M
In 2022, Belgium's main importing competitors in Scrap Plastic were:
United States $331M
Germany $305M
Netherlands $295M

Explore Visualizations

Trade Value of Scrap Plastic by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.1M
TOP IMPORT POTENTIALGermany+ $7.97M

Scrap Plastic’s highest export potential is Germany. With an export gap of $11.1M.   Scrap Plastic’s highest import potential is Germany with an import gap of $7.97M.

See methodology.

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