Products of the milling industry in Belgium 2021 Exports | Imports : $1.49B | $624M, World Rnk 3 / 193 Rnk 39 / 96 | World Rnk 8 / 223 Rnk 64 / 96
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $68.5M | $103M, Netherlands | France
2021 ECONOMIC COMPLEXITY of Belgium: 1.28, Rnk 18 / 131
2021 PRODUCT COMPLEXITY IN Products of the milling industry: 0.93, Rnk 194 / 1029
Exports In 2021, Belgium exported $1.49B in Products of the milling industry, making it the 3rd 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 ($321M), France ($151M), Germany ($88.2M), United States ($79M), and Norway ($67.7M).
The fastest growing export markets for Products of the milling industry of Belgium between 2020 and 2021 were Netherlands ($68.5M), France ($40.2M), and Nigeria ($35.2M).
Imports In 2021, Belgium imported $624M in Products of the milling industry, becoming the 8th 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 ($271M), Netherlands ($157M), Germany ($85.5M), Italy ($24.2M), and Luxembourg ($20.8M).
The fastest growing import markets in Products of the milling industry for Belgium between 2020 and 2021 were France ($103M), Netherlands ($42.3M), and Germany ($21.1M).
Tariffs In 2019, the average tariff for Belgium in Products of the milling industry was 16.2%. The countries with the highest import tariffs for Products of the milling industry were Colombia (Most Favoured Nation duty rate treatment, 47.4%), South Korea (Most Favoured Nation duty rate treatment, 45.4%), South Africa (Most Favoured Nation duty rate treatment, 38.7%), Norway (Most Favoured Nation duty rate treatment, 37.7%), and Mexico (Most Favoured Nation duty rate treatment, 35.7%).
January 2023
Overview In January 2023 Belgium's Products of the milling industry exports accounted up to €133M and imports accounted up to €55.9M, resulting in a positive trade balance of €76.8M. Between January 2022 and January 2023 the exports of Belgium's Products of the milling industry have increased by €40.6M (44%) from €92.2M to €133M, while imports increased by €17.1M (43.9%) from €38.9M to €55.9M.
Destinations In January 2023, Products of the milling industry were exported mostly to Netherlands (€24.5M), France (€16.9M), Brazil (€9.85M), South Africa (€9.81M), and United States (€5.57M), and were imported mostly from France (€19.1M), Netherlands (€18.8M), Germany (€6.54M), Luxembourg (€2.63M), and Italy (€2.56M).
Growth In January 2023, the increase in Products of the milling industry's year-by-year exports was explained primarily by an increase in exports to Netherlands (€2.99M or 16.5%), Nigeria (€2.55M or 134%), and United States (€1.86M or 45.6%). In January 2023, the increase in Products of the milling industry's year-by-year imports was explained primarily by an increase in imports from France (€8.05M or 62.5%), Luxembourg (€530k or 38.8%), and Thailand (€495k or 409%).
EXPORT GROWTH (January 2022 - January 2023): €40.6M, (44%)
IMPORT GROWTH (January 2022 - January 2023): €17.1M, (43.9%)
MAIN DESTINATION (January 2023): Netherlands, €24.5M
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.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $1.49B
IMPORTS (2021): $624M
NET TRADE (2021): $863M
In 2021, Belgium exported $1.49B in Products of the milling industry. The main destinations of Belgium exports on Products of the milling industry were Netherlands ($321M), France ($151M), Germany ($88.2M), United States ($79M), and Norway ($67.7M).
In 2021, Belgium imported $624M in Products of the milling industry, mainly from France ($271M), Netherlands ($157M), Germany ($85.5M), Italy ($24.2M), and Luxembourg ($20.8M).
THE FASTEST GROWING Products of the milling industry EXPORT MARKETS FOR Belgium WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Products of the milling industry BY Belgium WERE (2020 - 2021):
In 2021, Belgium's main exporting competitors in Products of the milling industry were:
In 2021, Belgium's main importing competitors in Products of the milling industry were:
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