Sulfonamides in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $607M in Sulfonamides, making it the 5th largest exporter of Sulfonamides in the world. At the same year, Sulfonamides was the 125th most exported product in Belgium. The main destination of Sulfonamides exports from Belgium are: France ($365M), China ($117M), Mexico ($22.2M), Egypt ($16M), and Italy ($14.5M).

The fastest growing export markets for Sulfonamides of Belgium between 2021 and 2022 were France ($58.4M), Egypt ($8.02M), and Mexico ($5.32M).

Imports In 2022, Belgium imported $983M in Sulfonamides, becoming the 3rd largest importer of Sulfonamides in the world. At the same year, Sulfonamides was the 88th most imported product in Belgium. Belgium imports Sulfonamides primarily from: Ireland ($858M), Switzerland ($31.7M), United States ($28M), Singapore ($27.1M), and China ($16.3M).

The fastest growing import markets in Sulfonamides for Belgium between 2021 and 2022 were Ireland ($162M), Singapore ($25.8M), and United States ($15.9M).

Latest Trends

January 2024

About

Overview In January 2024 Belgium's Sulfonamides exports accounted up to €23.3M and imports accounted up to €35.6M, resulting in a negative trade balance of €12.3M. Between January 2023 and January 2024 the exports of Belgium's Sulfonamides have decreased by €-12.9M (-35.7%) from €36.2M to €23.3M, while imports decreased by €-58.5M (-62.2%) from €94M to €35.6M.

Destinations In January 2024, Sulfonamides were exported mostly to China (€8.25M), Ireland (€6.65M), United States (€2.8M), France (€1.32M), and Brazil (€1.22M), and were imported mostly from Ireland (€20.7M), Singapore (€12.1M), Switzerland (€2.39M), Germany (€115k), and China (€78.3k).

Growth In January 2024, the decrease in Sulfonamides's year-by-year exports was explained primarily by a decrease in exports to Ireland (€-1.77M or -29.4%), Slovenia (€-1.52M or -100%), and Spain (€-303k or -47.3%). In January 2024, the decrease in Sulfonamides's year-by-year imports was explained primarily by a decrease in imports from Singapore (€-6.21M or -65.5%), South Korea (€-121k or -38.7%), and United States (€-24.3k or -90.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-12.9M(-35.7%)

IMPORT GROWTH (January 2023 - January 2024)€-58.5M(-62.2%)

MAIN DESTINATION (January 2024)China€8.25M

This section shows Sulfonamides'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 Sulfonamides over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$607M

IMPORTS (2022)$983M

NET TRADE (2022)-$376M

In 2022, Belgium exported $607M in Sulfonamides. The main destinations of Belgium exports on Sulfonamides were France ($365M), China ($117M), Mexico ($22.2M), Egypt ($16M), and Italy ($14.5M).

In 2022, Belgium imported $983M in Sulfonamides, mainly from Ireland ($858M), Switzerland ($31.7M), United States ($28M), Singapore ($27.1M), and China ($16.3M).

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