2022
Exports
$26.6MWorld Rnk 13 / 64
Flag Rnk 683 / 1213
2022
PRODUCT COMPLEXITY IN Tar
-0.014Rnk 551 / 1025
2022
Imports
$139MWorld Rnk 2 / 106
Flag Rnk 435 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $26.6M in Tar, making it the 13th largest exporter of Tar in the world. At the same year, Tar was the 683rd most exported product in Belgium. The main destination of Tar exports from Belgium are: Canada ($14.3M), Germany ($7.66M), Netherlands ($3.61M), Spain ($991k), and France ($42.4k).

The fastest growing export markets for Tar of Belgium between 2021 and 2022 were Canada ($4.65M), Netherlands ($1.45M), and Spain ($991k).

Imports In 2018, Belgium imported $139M in Tar, becoming the 2nd largest importer of Tar in the world. At the same year, Tar was the 435th most imported product in Belgium. Belgium imports Tar primarily from: Turkey ($45.2M), Brazil ($31.6M), Germany ($17.7M), Finland ($16.7M), and Ukraine ($8.98M).

The fastest growing import markets in Tar for Belgium between 2021 and 2022 were Turkey ($26M), Brazil ($17.6M), and Germany ($14.1M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tar. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.6M
IMPORTS (2022)$139M
NET TRADE (2022)-$113M

In 2022, Belgium exported $26.6M in Tar. The main destinations of Belgium exports on Tar were Canada ($14.3M), Germany ($7.66M), Netherlands ($3.61M), Spain ($991k), and France ($42.4k).

In 2022, Belgium imported $139M in Tar, mainly from Turkey ($45.2M), Brazil ($31.6M), Germany ($17.7M), Finland ($16.7M), and Ukraine ($8.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tar EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Canada$4.65M (48.3%)
Netherlands$1.45M (66.9%)
Spain$991k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tar BY Belgium WERE (2021 - 2022):
Mozambique-$3.27M (-100%)
Luxembourg-$89k (-100%)
Norway-$27k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belgium's main exporting competitors in Tar were:
In 2022, Belgium's main importing competitors in Tar were:

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Trade Value of Tar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.02M
TOP IMPORT POTENTIALFrance+ $2.52M

Tar’s highest export potential is Germany. With an export gap of $2.02M.   Tar’s highest import potential is France with an import gap of $2.52M.

See methodology.

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