Paper articles in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $4.43B in Paper articles, making it the 14th largest exporter of Paper articles in the world. At the same year, Paper articles was the 15th most exported product in Belgium. The main destination of Paper articles exports from Belgium are: France ($928M), Netherlands ($893M), Germany ($609M), United Kingdom ($584M), and Poland ($150M).

The fastest growing export markets for Paper articles of Belgium between 2021 and 2022 were France ($131M), Germany ($105M), and Netherlands ($92.4M).

Imports In 2022, Belgium imported $5.93B in Paper articles, becoming the 11th largest importer of Paper articles in the world. At the same year, Paper articles was the 13th most imported product in Belgium. Belgium imports Paper articles primarily from: Germany ($1.53B), Netherlands ($1B), France ($872M), Sweden ($372M), and Finland ($368M).

The fastest growing import markets in Paper articles for Belgium between 2021 and 2022 were Germany ($145M), France ($135M), and Czechia ($68M).

COMPANIES In 2023, leading companies such as UPM THE BIOFORE COMPANY (17), IKEA SUPPLY AG (8), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (6) were at the forefront of shipping Paper articles from Belgium to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Belgium's Paper articles exports accounted up to €233M and imports accounted up to €261M, resulting in a negative trade balance of €27.4M. Between January 2023 and January 2024 the exports of Belgium's Paper articles have decreased by €-22.3M (-8.73%) from €256M to €233M, while imports decreased by €-32.4M (-11%) from €293M to €261M.

Destinations In January 2024, Paper articles were exported mostly to Netherlands (€54.2M), France (€45.2M), Germany (€32.3M), Italy (€27.5M), and United Kingdom (€26.3M), and were imported mostly from Germany (€71.4M), Netherlands (€59.5M), France (€41.3M), Italy (€12.5M), and Finland (€11M).

Growth In January 2024, the decrease in Paper articles's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-3.57M or -11.6%), Mexico (€-1.72M or -67.6%), and Russia (€-1.49M or -65.7%). In January 2024, the decrease in Paper articles's year-by-year imports was explained primarily by a decrease in imports from Germany (€-18.4M or -20.2%), Sweden (€-13.2M or -58.7%), and Austria (€-2.95M or -30.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-22.3M(-8.73%)

IMPORT GROWTH (January 2023 - January 2024)€-32.4M(-11%)

MAIN DESTINATION (January 2024)Netherlands€54.2M

This section shows Paper articles'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 Paper articles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.43B

IMPORTS (2022)$5.93B

NET TRADE (2022)-$1.5B

In 2022, Belgium exported $4.43B in Paper articles. The main destinations of Belgium exports on Paper articles were France ($928M), Netherlands ($893M), Germany ($609M), United Kingdom ($584M), and Poland ($150M).

In 2022, Belgium imported $5.93B in Paper articles, mainly from Germany ($1.53B), Netherlands ($1B), France ($872M), Sweden ($372M), and Finland ($368M).

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