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2022
Exports $27.2MWorld Rnk 4 / 102
Flag Rnk 674 / 1213
2022
Destination $1.31M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $1.31MNetherlands
2022
Imports $23.9MWorld Rnk 7 / 135
Flag Rnk 806 / 1214
2022
Origin $1.1M France
2021 - 2022
FASTEST GROWING ORIGIN $1.1MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $27.2M in Processed Bones, making it the 4th largest exporter of Processed Bones in the world. At the same year, Processed Bones was the 674th most exported product in Belgium. The main destination of Processed Bones exports from Belgium are: United Kingdom ($22.3M), Netherlands ($1.95M), Germany ($1.45M), Cote d'Ivoire ($462k), and France ($376k).

The fastest growing export markets for Processed Bones of Belgium between 2021 and 2022 were Netherlands ($1.31M), Cote d'Ivoire ($142k), and Cyprus ($136k).

Imports In 2022, Belgium imported $23.9M in Processed Bones, becoming the 7th largest importer of Processed Bones in the world. At the same year, Processed Bones was the 806th most imported product in Belgium. Belgium imports Processed Bones primarily from: France ($11.3M), Germany ($8.24M), Netherlands ($2.31M), India ($1.08M), and United States ($366k).

The fastest growing import markets in Processed Bones for Belgium between 2021 and 2022 were France ($1.1M), Netherlands ($580k), and India ($432k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Processed Bones exports accounted up to €3.29M and imports accounted up to €3.46M, resulting in a negative trade balance of €173k. Between July 2023 and July 2024 the exports of Belgium's   Processed Bones have increased by €171k (5.51%) from €3.11M to €3.29M, while imports decreased by €-46.9k (-1.34%) from €3.51M to €3.46M.

Destinations In July 2024, Processed Bones were exported mostly to United Kingdom (€3.13M), China (€59.4k), Netherlands (€31.1k), South Korea (€21.3k), and France (€17.5k), and were imported mostly from Germany (€2.36M), France (€918k), Netherlands (€150k), Italy (€13.5k), and Denmark (€12.9k).

Growth In July 2024, the increase in Processed Bones's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€556k or 29.2%), Netherlands (€26.8k or 61.7%), and Cote d'Ivoire (€10.9k or 23.1%). In July 2024, the decrease in Processed Bones's year-by-year imports was explained primarily by a decrease in imports from Germany (€-493k or -14.3%), France (€-29.4k or -2.98%), and Italy (€-1.42k or -29.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€171k(5.51%)
IMPORT GROWTH (July 2023 - July 2024)€-46.9k(-1.34%)
MAIN DESTINATION (July 2024)United Kingdom€3.13M

This section shows Processed Bones'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 Processed Bones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.2M
IMPORTS (2022)$23.9M
NET TRADE (2022)$3.3M

In 2022, Belgium exported $27.2M in Processed Bones. The main destinations of Belgium exports on Processed Bones were United Kingdom ($22.3M), Netherlands ($1.95M), Germany ($1.45M), Cote d'Ivoire ($462k), and France ($376k).

In 2022, Belgium imported $23.9M in Processed Bones, mainly from France ($11.3M), Germany ($8.24M), Netherlands ($2.31M), India ($1.08M), and United States ($366k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Bones EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$1.31M (208%)
Cote d'Ivoire$142k (44.2%)
Cyprus$136k (26.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Bones BY Belgium WERE (2021 - 2022):
United Kingdom-$2.53M (-10.2%)
Germany-$1.75M (-54.6%)
France-$1.15M (-75.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Processed Bones were:
Germany $56.7M
United States $36.2M
Poland $28.9M
In 2022, Belgium's main importing competitors in Processed Bones were:
Japan $47.9M
France $43.7M
Germany $31.6M

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Trade Value of Processed Bones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.18M
TOP IMPORT POTENTIALNetherlands+ $476k

Processed Bones’s highest export potential is Germany. With an export gap of $1.18M.   Processed Bones’s highest import potential is Netherlands with an import gap of $476k.

See methodology.

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