Miscellaneous edible preparations in Belgium 2021 Exports | Imports : $2.37B | $1.72B, World Rnk 12 / 218 Rnk 32 / 96 | World Rnk 17 / 226 Rnk 44 / 96
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $40.3M | $121M, France | Netherlands
2021 ECONOMIC COMPLEXITY of Belgium: 1.28, Rnk 18 / 131
2021 PRODUCT COMPLEXITY IN Miscellaneous edible preparations: -0.021, Rnk 559 / 1029
Exports In 2021, Belgium exported $2.37B in Miscellaneous edible preparations, making it the 12th largest exporter of Miscellaneous edible preparations in the world. At the same year, Miscellaneous edible preparations was the 32nd most exported product in Belgium. The main destination of Miscellaneous edible preparations exports from Belgium are: France ($415M), Netherlands ($382M), Germany ($336M), United Kingdom ($179M), and Italy ($99.5M).
The fastest growing export markets for Miscellaneous edible preparations of Belgium between 2020 and 2021 were France ($40.3M), Netherlands ($34.2M), and Greece ($21.8M).
Imports In 2021, Belgium imported $1.72B in Miscellaneous edible preparations, becoming the 17th largest importer of Miscellaneous edible preparations in the world. At the same year, Miscellaneous edible preparations was the 44th most imported product in Belgium. Belgium imports Miscellaneous edible preparations primarily from: Netherlands ($614M), Germany ($328M), France ($319M), Italy ($68.2M), and United Kingdom ($45.7M).
The fastest growing import markets in Miscellaneous edible preparations for Belgium between 2020 and 2021 were Netherlands ($121M), Germany ($62.6M), and France ($32M).
Tariffs In 2017, the average tariff for Belgium in Miscellaneous edible preparations was 3.75%. The countries with the highest import tariffs for Miscellaneous edible preparations were Western Sahara (Most Favoured Nation duty rate treatment, 9.44%), Gabon (Most Favoured Nation duty rate treatment, 9.44%), Libya (Most Favoured Nation duty rate treatment, 9.44%), Mayotte (Most Favoured Nation duty rate treatment, 9.44%), and Reunion (Most Favoured Nation duty rate treatment, 9.44%).
February 2023
Overview In February 2023 Belgium's Miscellaneous edible preparations exports accounted up to €172M and imports accounted up to €115M, resulting in a positive trade balance of €57.4M. Between February 2022 and February 2023 the exports of Belgium's Miscellaneous edible preparations have increased by €32.3M (23.2%) from €140M to €172M, while imports increased by €21.1M (22.5%) from €93.5M to €115M.
Destinations In February 2023, Miscellaneous edible preparations were exported mostly to Netherlands (€30M), Germany (€28.4M), France (€26.9M), United Kingdom (€13.1M), and Italy (€6.5M), and were imported mostly from Netherlands (€40.7M), France (€29M), Germany (€16.3M), Italy (€4.85M), and Spain (€2.92M).
Growth In February 2023, the increase in Miscellaneous edible preparations's year-by-year exports was explained primarily by an increase in exports to France (€4.09M or 18.7%), Guinea (€3.07M or 2.87k%), and Germany (€1.95M or 9.33%). In February 2023, the increase in Miscellaneous edible preparations's year-by-year imports was explained primarily by an increase in imports from Netherlands (€1.98M or 6.53%), China (€1.06M or 351%), and United Kingdom (€1M or 84.5%).
EXPORT GROWTH (February 2022 - February 2023): €32.3M, (23.2%)
IMPORT GROWTH (February 2022 - February 2023): €21.1M, (22.5%)
MAIN DESTINATION (February 2023): Netherlands, €30M
This section shows Miscellaneous edible preparations'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 Miscellaneous edible preparations over time.
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EXPORTS (2021): $2.37B
IMPORTS (2021): $1.72B
NET TRADE (2021): $647M
In 2021, Belgium exported $2.37B in Miscellaneous edible preparations. The main destinations of Belgium exports on Miscellaneous edible preparations were France ($415M), Netherlands ($382M), Germany ($336M), United Kingdom ($179M), and Italy ($99.5M).
In 2021, Belgium imported $1.72B in Miscellaneous edible preparations, mainly from Netherlands ($614M), Germany ($328M), France ($319M), Italy ($68.2M), and United Kingdom ($45.7M).
THE FASTEST GROWING Miscellaneous edible preparations EXPORT MARKETS FOR Belgium WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Miscellaneous edible preparations BY Belgium WERE (2020 - 2021):
In 2021, Belgium's main exporting competitors in Miscellaneous edible preparations were:
In 2021, Belgium's main importing competitors in Miscellaneous edible preparations were:
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