Perfumery & cosmetics in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $2.56B in Perfumery & cosmetics, making it the 18th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 32nd most exported product in Belgium. The main destination of Perfumery & cosmetics exports from Belgium are: Netherlands ($473M), France ($313M), Poland ($262M), Czechia ($204M), and Germany ($160M).

The fastest growing export markets for Perfumery & cosmetics of Belgium between 2021 and 2022 were Poland ($27.6M), China ($17M), and Italy ($11.6M).

Imports In 2022, Belgium imported $3.41B in Perfumery & cosmetics, becoming the 15th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 27th most imported product in Belgium. Belgium imports Perfumery & cosmetics primarily from: France ($620M), Netherlands ($575M), United Kingdom ($453M), Poland ($301M), and United States ($284M).

The fastest growing import markets in Perfumery & cosmetics for Belgium between 2021 and 2022 were United States ($49.1M), Italy ($15.8M), and Philippines ($11.6M).

COMPANIES In 2023, leading companies such as LOREAL USA (81), HALL S WAREHOUSE CORPORATION (9), and WALGREEN CO. (8) were at the forefront of shipping Perfumery & cosmetics from Belgium to the United States.

Latest Trends

January 2024

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Overview In January 2024 Belgium's Perfumery & cosmetics exports accounted up to €190M and imports accounted up to €204M, resulting in a negative trade balance of €14M. Between January 2023 and January 2024 the exports of Belgium's Perfumery & cosmetics have increased by €11.7M (6.54%) from €178M to €190M, while imports decreased by €-12M (-5.53%) from €216M to €204M.

Destinations In January 2024, Perfumery & cosmetics were exported mostly to Netherlands (€50.9M), France (€21.4M), Germany (€16.3M), Poland (€13.2M), and Czechia (€12.9M), and were imported mostly from Netherlands (€44M), France (€37.9M), Ireland (€23.2M), Germany (€17.9M), and United Kingdom (€17.2M).

Growth In January 2024, the increase in Perfumery & cosmetics's year-by-year exports was explained primarily by an increase in exports to Netherlands (€19.8M or 114%), Germany (€2.26M or 18.9%), and Spain (€1.73M or 24.5%). In January 2024, the decrease in Perfumery & cosmetics's year-by-year imports was explained primarily by a decrease in imports from Ireland (€-8.56M or -37.9%), Switzerland (€-4.33M or -64.5%), and United Kingdom (€-1.67M or -12.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€11.7M(6.54%)

IMPORT GROWTH (January 2023 - January 2024)€-12M(-5.53%)

MAIN DESTINATION (January 2024)Netherlands€50.9M

This section shows Perfumery & cosmetics'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 Perfumery & cosmetics over time.

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