Amino-resins in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $2.23B in Amino-resins, making it the 3rd largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 27th most exported product in Belgium. The main destination of Amino-resins exports from Belgium are: Germany ($498M), France ($290M), United States ($233M), Netherlands ($158M), and Italy ($127M).

The fastest growing export markets for Amino-resins of Belgium between 2021 and 2022 were Germany ($126M), United States ($90.2M), and Italy ($39.8M).

Imports In 2022, Belgium imported $775M in Amino-resins, becoming the 11th largest importer of Amino-resins in the world. At the same year, Amino-resins was the 127th most imported product in Belgium. Belgium imports Amino-resins primarily from: Germany ($328M), Netherlands ($146M), Portugal ($90.1M), China ($62.8M), and United States ($24.9M).

The fastest growing import markets in Amino-resins for Belgium between 2021 and 2022 were Germany ($92.8M), China ($21.5M), and Norway ($4.22M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Amino-resins from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Amino-resins exports accounted up to €86.4M and imports accounted up to €25.3M, resulting in a positive trade balance of €61.1M. Between December 2022 and December 2023 the exports of Belgium's Amino-resins have increased by €5.05M (6.21%) from €81.3M to €86.4M, while imports increased by €4.86M (23.8%) from €20.5M to €25.3M.

Destinations In December 2023, Amino-resins were exported mostly to Germany (€14.6M), Brazil (€12.9M), France (€8.09M), Netherlands (€5.29M), and Poland (€5.18M), and were imported mostly from Germany (€8.89M), Hungary (€5.1M), Netherlands (€3.36M), Spain (€1.72M), and Italy (€1.14M).

Growth In December 2023, the increase in Amino-resins's year-by-year exports was explained primarily by an increase in exports to Italy (€2.5M or 29.7%), United Kingdom (€2.03M or 25.9%), and Argentina (€1.25M or 105%). In December 2023, the increase in Amino-resins's year-by-year imports was explained primarily by an increase in imports from China (€29.5M or 1.65k%), Saudi Arabia (€2.89M or 2.12k%), and Hungary (€1.23M or 136%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€5.05M(6.21%)

IMPORT GROWTH (December 2022 - December 2023)€4.86M(23.8%)

MAIN DESTINATION (December 2023)Germany€14.6M

This section shows Amino-resins'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 Amino-resins over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.23B

IMPORTS (2022)$775M

NET TRADE (2022)$1.45B

In 2022, Belgium exported $2.23B in Amino-resins. The main destinations of Belgium exports on Amino-resins were Germany ($498M), France ($290M), United States ($233M), Netherlands ($158M), and Italy ($127M).

In 2022, Belgium imported $775M in Amino-resins, mainly from Germany ($328M), Netherlands ($146M), Portugal ($90.1M), China ($62.8M), and United States ($24.9M).

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