2023
Exports
$265MWorld Rnk 19 / 163
Flag Rnk 255 / 1216
2023
PRODUCT COMPLEXITY IN Crustaceans
-1.94Rnk 993 / 1025
2023
Imports
$314MWorld Rnk 17 / 216
Flag Rnk 227 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $265M in Crustaceans, making it the 19th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 255th most exported product in Belgium. The main destination of Crustaceans exports from Belgium are: France ($145M), Netherlands ($40.1M), Spain ($26.2M), Germany ($14M), and Denmark ($7.03M).

The fastest growing export markets for Crustaceans of Belgium between 2022 and 2023 were Spain ($3.91M), Denmark ($2.49M), and Germany ($1.46M).

Imports In 2023, Belgium imported $314M in Crustaceans, becoming the 17th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 227th most imported product in Belgium. Belgium imports Crustaceans primarily from: India ($98M), Netherlands ($51.8M), Vietnam ($29.8M), Bangladesh ($29.4M), and Canada ($25.2M).

The fastest growing import markets in Crustaceans for Belgium between 2022 and 2023 were Honduras ($2.1M), Argentina ($895k), and China ($854k).

COMPANIES In 2023, leading companies such as Volvo (41), Lawrence Wholesale (4), and Continental Tire (1) were at the forefront of shipping Crustaceans from Belgium to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-1.75M(-11.4%)
IMPORT GROWTH (October 2023 - October 2024)€813k(2.82%)
MAIN DESTINATION (October 2024)Netherlands€4.99M

This section shows Crustaceans'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 Crustaceans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$265M
IMPORTS (2023)$314M
NET TRADE (2023)-$48.9M

In 2023, Belgium exported $265M in Crustaceans. The main destinations of Belgium exports on Crustaceans were France ($145M), Netherlands ($40.1M), Spain ($26.2M), Germany ($14M), and Denmark ($7.03M).

In 2023, Belgium imported $314M in Crustaceans, mainly from India ($98M), Netherlands ($51.8M), Vietnam ($29.8M), Bangladesh ($29.4M), and Canada ($25.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Spain$3.91M (17.5%)
Denmark$2.49M (54.9%)
Germany$1.46M (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Belgium WERE (2022 - 2023):
Netherlands-$22.2M (-35.6%)
France-$15.9M (-9.85%)
Italy-$1.92M (-26.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Crustaceans were:
Ecuador $6.88B
India $4.56B
Canada $2.96B
In 2023, Belgium's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $17.5M
TOP IMPORT POTENTIALFrance+ $11.2M

Crustaceans’s highest export potential is Germany. With an export gap of $17.5M.   Crustaceans’s highest import potential is France with an import gap of $11.2M.

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