Frozen Vegetables in Belgium 2020 Exports | Imports : $1.23B | $359M, World Rnk 1 / 159 Rnk 42 / 1215 | World Rnk 6 / 222 Rnk 189 / 1212
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $11.9M | $1.65M, United States | Denmark
2020 ECONOMIC COMPLEXITY of Belgium: 1.33, Rnk 17 / 127
2020 PRODUCT COMPLEXITY IN Frozen Vegetables: -0.68, Rnk 746 / 1029
Exports In 2020, Belgium exported $1.23B in Frozen Vegetables, making it the 1st largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 42nd most exported product in Belgium. The main destination of Frozen Vegetables exports from Belgium are: Germany ($248M), France ($215M), United Kingdom ($139M), Netherlands ($89.9M), and Italy ($64.6M).
The fastest growing export markets for Frozen Vegetables of Belgium between 2019 and 2020 were United States ($11.9M), Netherlands ($4.21M), and Australia ($3.79M).
Imports In 2020, Belgium imported $359M in Frozen Vegetables, becoming the 6th largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 189th most imported product in Belgium. Belgium imports Frozen Vegetables primarily from: France ($104M), Spain ($63.9M), Portugal ($43.9M), Netherlands ($39.9M), and Poland ($25.6M).
The fastest growing import markets in Frozen Vegetables for Belgium between 2019 and 2020 were Denmark ($1.65M), Hungary ($907k), and Kenya ($562k).
Tariffs In 2019, the average tariff for Belgium in Frozen Vegetables was 5.77%. The countries with the highest import tariffs for Frozen Vegetables were Ukraine (Most Favoured Nation duty rate treatement, 14.6%), Mexico (Most Favoured Nation duty rate treatement, 14.5%), Algeria (Most Favoured Nation duty rate treatement, 14.4%), Tunisia (Most Favoured Nation duty rate treatement, 14.4%), and Israel (Most Favoured Nation duty rate treatement, 14.4%).
Overview In November 2022 Belgium's Frozen Vegetables exports accounted up to €118M and imports accounted up to €32.3M, resulting in a positive trade balance of €86.1M. Between November 2021 and November 2022 the exports of Belgium's Frozen Vegetables have increased by €13.9M (13.3%) from €104M to €118M, while imports increased by €1.41M (4.57%) from €30.9M to €32.3M.
Destinations In November 2022, Frozen Vegetables were exported mostly to Germany (€24.4M), France (€20.6M), United Kingdom (€14.1M), Italy (€9.09M), and Netherlands (€8.43M), and were imported mostly from France (€7.34M), Spain (€6.26M), Netherlands (€4.67M), Poland (€3.89M), and Portugal (€3.29M).
Growth In November 2022, the increase in Frozen Vegetables's year-by-year exports was explained primarily by an increase in exports to Canada (€635k or 56.3%), Chile (€528k or 51.8%), and Netherlands (€415k or 6.06%). In November 2022, the increase in Frozen Vegetables's year-by-year imports was explained primarily by an increase in imports from Spain (€3.2M or 70.8%), Denmark (€84.5k or 14.9%), and Serbia (€74k or 23.4%).
EXPORT GROWTH (November 2021 - November 2022): €13.9M, (13.3%)
IMPORT GROWTH (November 2021 - November 2022): €1.41M, (4.57%)
MAIN DESTINATION (November 2022): Germany, €24.4M
This section shows Frozen Vegetables'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 Frozen Vegetables over time.
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EXPORTS (2020): $1.23B
IMPORTS (2020): $359M
NET TRADE (2020): $866M
In 2020, Belgium exported $1.23B in Frozen Vegetables. The main destinations of Belgium exports on Frozen Vegetables were Germany ($248M), France ($215M), United Kingdom ($139M), Netherlands ($89.9M), and Italy ($64.6M).
In 2020, Belgium imported $359M in Frozen Vegetables, mainly from France ($104M), Spain ($63.9M), Portugal ($43.9M), Netherlands ($39.9M), and Poland ($25.6M).
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR Belgium WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY Belgium WERE (2019 - 2020):
In 2020, Belgium's main exporting competitors in Frozen Vegetables were:
In 2020, Belgium's main importing competitors in Frozen Vegetables were:
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