Tobacco & substitutes in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $814M in Tobacco & substitutes, making it the 19th largest exporter of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 50th most exported product in Belgium. The main destination of Tobacco & substitutes exports from Belgium are: France ($122M), Russia ($108M), Spain ($70.7M), Turkey ($56.6M), and Germany ($48M).

The fastest growing export markets for Tobacco & substitutes of Belgium between 2021 and 2022 were Bulgaria ($18.1M), Turkey ($17.3M), and Germany ($13.1M).

Imports In 2022, Belgium imported $2.13B in Tobacco & substitutes, becoming the 5th largest importer of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 40th most imported product in Belgium. Belgium imports Tobacco & substitutes primarily from: India ($254M), Poland ($224M), Argentina ($163M), Malawi ($142M), and Zimbabwe ($138M).

The fastest growing import markets in Tobacco & substitutes for Belgium between 2021 and 2022 were India ($103M), Argentina ($98M), and Zimbabwe ($68.4M).

COMPANIES In 2023, leading companies such as THE DOW CHEMICAL COMPANY (4), DUPONT SPECIALTY PRODUCTS USA, LLC (1), and CONTINENTAL TIRE THE AMERICAS LLC (1) were at the forefront of shipping Tobacco & substitutes from Belgium to the United States.

Latest Trends

January 2024

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Overview In January 2024 Belgium's Tobacco & substitutes exports accounted up to €87.7M and imports accounted up to €33.5M, resulting in a positive trade balance of €54.2M. Between January 2023 and January 2024 the exports of Belgium's Tobacco & substitutes have increased by €15.6M (21.7%) from €72.1M to €87.7M, while imports decreased by €-3.15M (-8.58%) from €36.7M to €33.5M.

Destinations In January 2024, Tobacco & substitutes were exported mostly to Russia (€13.8M), Turkey (€13.8M), Luxembourg (€11.2M), France (€9.3M), and Spain (€6.69M), and were imported mostly from Netherlands (€6.16M), Indonesia (€4.2M), Germany (€3.82M), Malawi (€1.98M), and Poland (€1.95M).

Growth In January 2024, the increase in Tobacco & substitutes's year-by-year exports was explained primarily by an increase in exports to Russia (€12.7M or 216%), Luxembourg (€3.33M or 41.8%), and Spain (€2.89M or 86.3%). In January 2024, the decrease in Tobacco & substitutes's year-by-year imports was explained primarily by a decrease in imports from Indonesia (€-2.33M or -42.2%), Poland (€-1.06M or -29.5%), and Bulgaria (€-989k or -97%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€15.6M(21.7%)

IMPORT GROWTH (January 2023 - January 2024)€-3.15M(-8.58%)

MAIN DESTINATION (January 2024)Russia€13.8M

This section shows Tobacco & substitutes'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 Tobacco & substitutes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$814M

IMPORTS (2022)$2.13B

NET TRADE (2022)-$1.31B

In 2022, Belgium exported $814M in Tobacco & substitutes. The main destinations of Belgium exports on Tobacco & substitutes were France ($122M), Russia ($108M), Spain ($70.7M), Turkey ($56.6M), and Germany ($48M).

In 2022, Belgium imported $2.13B in Tobacco & substitutes, mainly from India ($254M), Poland ($224M), Argentina ($163M), Malawi ($142M), and Zimbabwe ($138M).

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