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2022
Exports $2.06MWorld Rnk 44 / 149
Flag Rnk 1047 / 1213
2022
Destination $428k France
2021 - 2022
FASTEST GROWING MARKET $428kFrance
2022
PRODUCT COMPLEXITY IN Ground Nuts-2.21Rnk 1007 / 1025
2022
Imports $41.5MWorld Rnk 20 / 201
Flag Rnk 702 / 1214
2022
Origin $1.7M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $1.7MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $2.06M in Ground Nuts, making it the 44th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 1047th most exported product in Belgium. The main destination of Ground Nuts exports from Belgium are: France ($994k), Netherlands ($751k), Germany ($78.2k), Luxembourg ($41.5k), and Hungary ($30.9k).

The fastest growing export markets for Ground Nuts of Belgium between 2021 and 2022 were France ($428k), Dominican Republic ($19.8k), and United Kingdom ($11.7k).

Imports In 2022, Belgium imported $41.5M in Ground Nuts, becoming the 20th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 702nd most imported product in Belgium. Belgium imports Ground Nuts primarily from: Argentina ($19.1M), Netherlands ($14.6M), South Africa ($3.68M), Brazil ($1.36M), and Germany ($865k).

The fastest growing import markets in Ground Nuts for Belgium between 2021 and 2022 were Netherlands ($1.7M), Brazil ($577k), and South Africa ($537k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Ground Nuts exports accounted up to €104k and imports accounted up to €923k, resulting in a negative trade balance of €819k. Between July 2023 and July 2024 the exports of Belgium's   Ground Nuts have increased by €28k (36.6%) from €76.4k to €104k, while imports decreased by €-77.7k (-7.76%) from €1M to €923k.

Destinations In July 2024, Ground Nuts were exported mostly to Netherlands (€37.5k), France (€28.8k), Luxembourg (€14.1k), United Kingdom (€4.84k), and Germany (€4.59k), and were imported mostly from Argentina (€457k), Netherlands (€298k), Denmark (€51k), Togo (€41.3k), and China (€35.3k).

Growth In July 2024, the increase in Ground Nuts's year-by-year exports was explained primarily by an increase in exports to France (€1.85k or 185%), Poland (€958 or 610%), and Netherlands (€529 or 18.4%). In July 2024, the decrease in Ground Nuts's year-by-year imports was explained primarily by a decrease in imports from Argentina (€-1.42M or -62%), Netherlands (€-824k or -65.6%), and Togo (€-6.04k or -14.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€28k(36.6%)
IMPORT GROWTH (July 2023 - July 2024)€-77.7k(-7.76%)
MAIN DESTINATION (July 2024)Netherlands€37.5k

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.06M
IMPORTS (2022)$41.5M
NET TRADE (2022)-$39.5M

In 2022, Belgium exported $2.06M in Ground Nuts. The main destinations of Belgium exports on Ground Nuts were France ($994k), Netherlands ($751k), Germany ($78.2k), Luxembourg ($41.5k), and Hungary ($30.9k).

In 2022, Belgium imported $41.5M in Ground Nuts, mainly from Argentina ($19.1M), Netherlands ($14.6M), South Africa ($3.68M), Brazil ($1.36M), and Germany ($865k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$428k (75.6%)
Dominican Republic$19.8k (1%)
United Kingdom$11.7k (96.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Belgium WERE (2021 - 2022):
Germany-$1.04M (-93%)
Italy-$225k (-96.2%)
Netherlands-$63.5k (-7.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Ground Nuts were:
Argentina $818M
India $732M
United States $543M
In 2022, Belgium's main importing competitors in Ground Nuts were:
China $672M
Netherlands $464M
Indonesia $389M

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $666k
TOP IMPORT POTENTIALBrazil+ $731k

Ground Nuts’s highest export potential is Netherlands. With an export gap of $666k.   Ground Nuts’s highest import potential is Brazil with an import gap of $731k.

See methodology.

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