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2022
Exports $996kWorld Rnk 19 / 60
Flag Rnk 1097 / 1213
2022
Destination $194k Poland
2021 - 2022
FASTEST GROWING MARKET $194kPoland
2022
Imports $1.26MWorld Rnk 23 / 115
Flag Rnk 1143 / 1214
2022
Origin $251k United States
2021 - 2022
FASTEST GROWING ORIGIN $251kUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $996k in Tall Oil, making it the 19th largest exporter of Tall Oil in the world. At the same year, Tall Oil was the 1097th most exported product in Belgium. The main destination of Tall Oil exports from Belgium are: Poland ($194k), United Kingdom ($191k), Germany ($170k), Sweden ($113k), and Netherlands ($68.6k).

The fastest growing export markets for Tall Oil of Belgium between 2021 and 2022 were Poland ($194k), United Kingdom ($188k), and Sweden ($59.7k).

Imports In 2022, Belgium imported $1.26M in Tall Oil, becoming the 23rd largest importer of Tall Oil in the world. At the same year, Tall Oil was the 1143rd most imported product in Belgium. Belgium imports Tall Oil primarily from: United States ($546k), Netherlands ($429k), Finland ($100k), Sweden ($82.8k), and Spain ($81.7k).

The fastest growing import markets in Tall Oil for Belgium between 2021 and 2022 were United States ($251k), Spain ($81.7k), and Sweden ($14.1k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Tall Oil exports accounted up to €35.8k and imports accounted up to €14.5k, resulting in a positive trade balance of €21.3k. Between August 2023 and August 2024 the exports of Belgium's   Tall Oil have decreased by €-13.4k (-27.2%) from €49.2k to €35.8k, while imports decreased by €-71.4k (-83.1%) from €85.9k to €14.5k.

Destinations In August 2024, Tall Oil were exported mostly to Poland (€23.7k) and Colombia (€12.1k), and were imported mostly from United States (€9.2k) and Finland (€5.28k).

Growth In August 2024, the decrease in Tall Oil's year-by-year exports was explained primarily by a decrease in exports to Poland (€-13.8k or -34.9%). In August 2024, the decrease in Tall Oil's year-by-year imports was explained primarily by a decrease in imports from United States (€-23.3k or -73.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-13.4k(-27.2%)
IMPORT GROWTH (July 2023 - August 2024)€-71.4k(-83.1%)
MAIN DESTINATION (August 2024)Poland€23.7k

This section shows Tall Oil'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 Tall Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$996k
IMPORTS (2022)$1.26M
NET TRADE (2022)-$262k

In 2022, Belgium exported $996k in Tall Oil. The main destinations of Belgium exports on Tall Oil were Poland ($194k), United Kingdom ($191k), Germany ($170k), Sweden ($113k), and Netherlands ($68.6k).

In 2022, Belgium imported $1.26M in Tall Oil, mainly from United States ($546k), Netherlands ($429k), Finland ($100k), Sweden ($82.8k), and Spain ($81.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tall Oil EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Poland$194k (1%)
United Kingdom$188k (6.05k%)
Sweden$59.7k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tall Oil BY Belgium WERE (2021 - 2022):
Netherlands-$57.2k (-45.5%)
Nigeria-$42.9k (-100%)
Spain-$37.2k (-56.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Tall Oil were:
United States $174M
Sweden $56.3M
Finland $32.6M
In 2022, Belgium's main importing competitors in Tall Oil were:
Finland $95.8M
Sweden $70.9M
France $43.2M

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Trade Value of Tall Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $106k
TOP IMPORT POTENTIALSweden+ $43.8k

Tall Oil’s highest export potential is France. With an export gap of $106k.   Tall Oil’s highest import potential is Sweden with an import gap of $43.8k.

See methodology.

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