Products of the milling industry in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $1.59B in Products of the milling industry, making it the 4th largest exporter of Products of the milling industry in the world. At the same year, Products of the milling industry was the 39th most exported product in Belgium. The main destination of Products of the milling industry exports from Belgium are: Netherlands ($323M), France ($200M), Germany ($83.6M), United States ($76.6M), and Mexico ($75.4M).

The fastest growing export markets for Products of the milling industry of Belgium between 2021 and 2022 were France ($49.4M), Mexico ($25.1M), and Democratic Republic of the Congo ($12.1M).

Imports In 2022, Belgium imported $637M in Products of the milling industry, becoming the 10th largest importer of Products of the milling industry in the world. At the same year, Products of the milling industry was the 64th most imported product in Belgium. Belgium imports Products of the milling industry primarily from: France ($256M), Netherlands ($157M), Germany ($90.1M), Uruguay ($29.5M), and Luxembourg ($24.5M).

The fastest growing import markets in Products of the milling industry for Belgium between 2021 and 2022 were Uruguay ($29.5M), Germany ($4.77M), and Luxembourg ($4.09M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Products of the milling industry from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Products of the milling industry exports accounted up to €101M and imports accounted up to €51.5M, resulting in a positive trade balance of €49.1M. Between December 2022 and December 2023 the exports of Belgium's Products of the milling industry have decreased by €-24.6M (-19.7%) from €125M to €101M, while imports increased by €8.91M (20.9%) from €42.6M to €51.5M.

Destinations In December 2023, Products of the milling industry were exported mostly to Netherlands (€24.6M), France (€12M), Nigeria (€7.48M), Mauritius (€3.98M), and Germany (€3.61M), and were imported mostly from France (€23.4M), Netherlands (€16.1M), Germany (€5.39M), Italy (€1.63M), and Luxembourg (€1.54M).

Growth In December 2023, the decrease in Products of the milling industry's year-by-year exports was explained primarily by a decrease in exports to Norway (€-1.79M or -80.7%), Guatemala (€-1.54M or -99.3%), and Nigeria (€-1.38M or -31.1%). In December 2023, the increase in Products of the milling industry's year-by-year imports was explained primarily by an increase in imports from Netherlands (€9.69M or 106%), Germany (€3.29M or 101%), and Italy (€1.52M or 146%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-24.6M(-19.7%)

IMPORT GROWTH (December 2022 - December 2023)€8.91M(20.9%)

MAIN DESTINATION (December 2023)Netherlands€24.6M

This section shows Products of the milling industry'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 Products of the milling industry over time.

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