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2022
Exports $48.5MWorld Rnk 2 / 57
Flag Rnk 563 / 1213
2022
Destination $736k France
2021 - 2022
FASTEST GROWING MARKET $736kItaly
2022
Imports $67.4MWorld Rnk 2 / 65
Flag Rnk 596 / 1214
2022
Origin $1.7M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $1.7MArgentina
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $48.5M in Horse Meat, making it the 2nd largest exporter of Horse Meat in the world. At the same year, Horse Meat was the 563rd most exported product in Belgium. The main destination of Horse Meat exports from Belgium are: France ($20.4M), Italy ($15.7M), Germany ($4.89M), Netherlands ($2.85M), and Luxembourg ($651k).

The fastest growing export markets for Horse Meat of Belgium between 2021 and 2022 were Italy ($736k), Denmark ($355k), and Hungary ($292k).

Imports In 2022, Belgium imported $67.4M in Horse Meat, becoming the 2nd largest importer of Horse Meat in the world. At the same year, Horse Meat was the 596th most imported product in Belgium. Belgium imports Horse Meat primarily from: Argentina ($18.1M), Netherlands ($17.3M), Romania ($10.9M), Uruguay ($10.4M), and Spain ($3.83M).

The fastest growing import markets in Horse Meat for Belgium between 2021 and 2022 were Argentina ($1.7M), Spain ($1.33M), and Brazil ($639k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Horse Meat exports accounted up to €4.6M and imports accounted up to €5.3M, resulting in a negative trade balance of €699k. Between July 2023 and July 2024 the exports of Belgium's   Horse Meat have increased by €693k (17.7%) from €3.91M to €4.6M, while imports increased by €982k (22.7%) from €4.32M to €5.3M.

Destinations In July 2024, Horse Meat were exported mostly to Italy (€1.87M), France (€1.64M), Germany (€330k), Switzerland (€311k), and Netherlands (€147k), and were imported mostly from Netherlands (€2.27M), Argentina (€1.29M), Romania (€844k), France (€253k), and Spain (€253k).

Growth In July 2024, the increase in Horse Meat's year-by-year exports was explained primarily by an increase in exports to France (€151k or 9.63%), Sweden (€25.6k or 150%), and Italy (€21.7k or 1.84%). In July 2024, the increase in Horse Meat's year-by-year imports was explained primarily by an increase in imports from Netherlands (€233k or 13.4%), Argentina (€185k or 33.1%), and Uruguay (€102k or 56.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€693k(17.7%)
IMPORT GROWTH (July 2023 - July 2024)€982k(22.7%)
MAIN DESTINATION (July 2024)Italy€1.87M

This section shows Horse Meat'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 Horse Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$48.5M
IMPORTS (2022)$67.4M
NET TRADE (2022)-$18.9M

In 2022, Belgium exported $48.5M in Horse Meat. The main destinations of Belgium exports on Horse Meat were France ($20.4M), Italy ($15.7M), Germany ($4.89M), Netherlands ($2.85M), and Luxembourg ($651k).

In 2022, Belgium imported $67.4M in Horse Meat, mainly from Argentina ($18.1M), Netherlands ($17.3M), Romania ($10.9M), Uruguay ($10.4M), and Spain ($3.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Horse Meat EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$736k (4.93%)
Denmark$355k (1%)
Hungary$292k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Horse Meat BY Belgium WERE (2021 - 2022):
Switzerland-$1.84M (-75.5%)
France-$1.4M (-6.43%)
Germany-$331k (-6.35%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Horse Meat were:
Argentina $61.7M
Poland $36M
In 2022, Belgium's main importing competitors in Horse Meat were:
Italy $108M
Japan $42.4M

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Trade Value of Horse Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $749k
TOP IMPORT POTENTIALFrance+ $774k

Horse Meat’s highest export potential is Germany. With an export gap of $749k.   Horse Meat’s highest import potential is France with an import gap of $774k.

See methodology.

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