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2022
Exports $33.2MWorld Rnk 3 / 129
Flag Rnk 636 / 1213
2022
Destination $48.5k France
2021 - 2022
FASTEST GROWING MARKET $48.5kSpain
2022
PRODUCT COMPLEXITY IN Bulbs and Roots-0.42Rnk 678 / 1025
2022
Imports $46.2MWorld Rnk 14 / 177
Flag Rnk 676 / 1214
2022
Origin $1.38M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $1.38MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $33.2M in Bulbs and Roots, making it the 3rd largest exporter of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 636th most exported product in Belgium. The main destination of Bulbs and Roots exports from Belgium are: France ($17.2M), Netherlands ($12.3M), Germany ($709k), United Kingdom ($534k), and Switzerland ($508k).

The fastest growing export markets for Bulbs and Roots of Belgium between 2021 and 2022 were Spain ($48.5k), Poland ($32.7k), and Hong Kong ($32.1k).

Imports In 2022, Belgium imported $46.2M in Bulbs and Roots, becoming the 14th largest importer of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 676th most imported product in Belgium. Belgium imports Bulbs and Roots primarily from: Netherlands ($39.7M), Germany ($2.38M), France ($1.69M), New Zealand ($714k), and Poland ($592k).

The fastest growing import markets in Bulbs and Roots for Belgium between 2021 and 2022 were France ($1.38M), Poland ($461k), and Denmark ($219k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Bulbs and Roots exports accounted up to €1.12M and imports accounted up to €1.52M, resulting in a negative trade balance of €399k. Between July 2023 and July 2024 the exports of Belgium's   Bulbs and Roots have increased by €70.1k (6.7%) from €1.05M to €1.12M, while imports increased by €428k (39.3%) from €1.09M to €1.52M.

Destinations In July 2024, Bulbs and Roots were exported mostly to France (€878k), Kyrgyzstan (€149k), Netherlands (€43.4k), Spain (€16.2k), and Armenia (€16.2k), and were imported mostly from Netherlands (€1.18M), New Zealand (€324k), Denmark (€5.52k), Kenya (€2.61k), and United States (€1.36k).

Growth In July 2024, the increase in Bulbs and Roots's year-by-year exports was explained primarily by an increase in exports to Netherlands (€1.08M or 70.2%), France (€164k or 9.7%), and Spain (€14.3k or 119%). In July 2024, the increase in Bulbs and Roots's year-by-year imports was explained primarily by an increase in imports from Netherlands (€643k or 27.2%), Germany (€39.2k or 28.3%), and Denmark (€2.17k or 102%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€70.1k(6.7%)
IMPORT GROWTH (July 2023 - July 2024)€428k(39.3%)
MAIN DESTINATION (July 2024)France€878k

This section shows Bulbs and Roots'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 Bulbs and Roots over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.2M
IMPORTS (2022)$46.2M
NET TRADE (2022)-$13M

In 2022, Belgium exported $33.2M in Bulbs and Roots. The main destinations of Belgium exports on Bulbs and Roots were France ($17.2M), Netherlands ($12.3M), Germany ($709k), United Kingdom ($534k), and Switzerland ($508k).

In 2022, Belgium imported $46.2M in Bulbs and Roots, mainly from Netherlands ($39.7M), Germany ($2.38M), France ($1.69M), New Zealand ($714k), and Poland ($592k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bulbs and Roots EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Spain$48.5k (91.5%)
Poland$32.7k (36.3%)
Hong Kong$32.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bulbs and Roots BY Belgium WERE (2021 - 2022):
Netherlands-$11.6M (-48.6%)
Switzerland-$1.13M (-68.9%)
United Kingdom-$961k (-64.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Bulbs and Roots were:
Netherlands $1.55B
Germany $78.1M
In 2022, Belgium's main importing competitors in Bulbs and Roots were:
Germany $251M
United States $215M
China $138M

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Trade Value of Bulbs and Roots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.16M
TOP IMPORT POTENTIALNetherlands+ $2.3M

Bulbs and Roots’s highest export potential is France. With an export gap of $1.16M.   Bulbs and Roots’s highest import potential is Netherlands with an import gap of $2.3M.

See methodology.

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