Grape wines nes, fortified wine or must, pack Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $157M in Grape wines nes, fortified wine or must, pack < 2l, making it the 17th largest exporter of Grape wines nes, fortified wine or must, pack < 2l in the world. At the same year, Grape wines nes, fortified wine or must, pack < 2l was the 429th most exported product in Belgium. The main destination of Grape wines nes, fortified wine or must, pack < 2l exports from Belgium are: United Kingdom ($59.3M), Netherlands ($38.3M), France ($16.4M), Luxembourg ($11.8M), and Denmark ($5.62M).

Imports In 2022, Belgium imported $903M in Grape wines nes, fortified wine or must, pack < 2l, becoming the 10th largest importer of Grape wines nes, fortified wine or must, pack < 2l in the world. At the same year, Grape wines nes, fortified wine or must, pack < 2l was the 69th most imported product in Belgium. Belgium imports Grape wines nes, fortified wine or must, pack < 2l primarily from: France ($449M), Italy ($146M), Netherlands ($68.4M), Portugal ($47.1M), and Spain ($46.3M).

COMPANIES In 2023, leading companies such as Volvo (2.59k), John Deere (1.86k), and Marelli Automotive Lighting (1.72k) were at the forefront of shipping Grape wines nes, fortified wine or must, pack < 2l from Belgium to the United States.

Latest Trends

May 2024

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Overview In May 2024 Belgium's Grape wines nes, fortified wine or must, pack < 2l exports accounted up to €1.93M and imports accounted up to €2.54M, resulting in a negative trade balance of €609k. Between May 2023 and May 2024 the exports of Belgium's Grape wines nes, fortified wine or must, pack < 2l have decreased by €-13.5M (-87.5%) from €15.4M to €1.93M, while imports decreased by €-52.3M (-95.4%) from €54.8M to €2.54M.

Destinations In May 2024, Grape wines nes, fortified wine or must, pack < 2l were exported mostly to Canada (€745k), Germany (€419k), Cameroon (€233k), Switzerland (€153k), and Azerbaijan (€137k), and were imported mostly from Germany (€1.27M), Australia (€328k), Chile (€308k), Argentina (€288k), and Austria (€189k).

Growth In May 2024, the decrease in Grape wines nes, fortified wine or must, pack < 2l's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-2.32M or -28.5%), France (€-827k or -40.1%), and Hong Kong (€-240k or -78.8%). In May 2024, the decrease in Grape wines nes, fortified wine or must, pack < 2l's year-by-year imports was explained primarily by a decrease in imports from Turkey (€-288k or -81.8%), Argentina (€-179k or -44.7%), and Australia (€-176k or -26.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - May 2024)€-13.5M(-87.5%)

IMPORT GROWTH (May 2023 - May 2024)€-52.3M(-95.4%)

MAIN DESTINATION (May 2024)Canada€745k

This section shows Grape wines nes, fortified wine or must, pack < 2l'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 Grape wines nes, fortified wine or must, pack < 2l over time.

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