2022
Exports
$74.3MWorld Rnk 18 / 175
Flag Rnk 496 / 1213
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$92.5MWorld Rnk 8 / 223
Flag Rnk 534 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $74.3M in Soups and Broths, making it the 18th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 496th most exported product in Belgium. The main destination of Soups and Broths exports from Belgium are: France ($15.9M), Netherlands ($14.2M), Sweden ($12.9M), Germany ($7.04M), and Spain ($5.05M).

The fastest growing export markets for Soups and Broths of Belgium between 2021 and 2022 were Netherlands ($1.38M), Spain ($1.36M), and Sweden ($939k).

Imports In 2022, Belgium imported $92.5M in Soups and Broths, becoming the 8th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 534th most imported product in Belgium. Belgium imports Soups and Broths primarily from: France ($30.2M), Netherlands ($20.8M), Germany ($10.7M), Poland ($5.48M), and Spain ($5.46M).

The fastest growing import markets in Soups and Broths for Belgium between 2021 and 2022 were France ($2.82M), Romania ($1.34M), and Germany ($904k).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (3) and Volvo (1) were at the forefront of shipping Soups and Broths from Belgium to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-4.04M(-82.8%)
IMPORT GROWTH (May 2023 - May 2024)€-6.59M(-93.5%)
MAIN DESTINATION (May 2024)Germany€674k

This section shows Soups and Broths'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 Soups and Broths over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.3M
IMPORTS (2022)$92.5M
NET TRADE (2022)-$18.2M

In 2022, Belgium exported $74.3M in Soups and Broths. The main destinations of Belgium exports on Soups and Broths were France ($15.9M), Netherlands ($14.2M), Sweden ($12.9M), Germany ($7.04M), and Spain ($5.05M).

In 2022, Belgium imported $92.5M in Soups and Broths, mainly from France ($30.2M), Netherlands ($20.8M), Germany ($10.7M), Poland ($5.48M), and Spain ($5.46M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$1.38M (10.8%)
Spain$1.36M (37%)
Sweden$939k (7.86%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Belgium WERE (2021 - 2022):
Germany-$6.72M (-48.8%)
France-$5.28M (-24.9%)
United States-$1.4M (-34.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Soups and Broths were:
In 2022, Belgium's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.33M
TOP IMPORT POTENTIALGermany+ $4.5M

Soups and Broths’s highest export potential is Germany. With an export gap of $5.33M.   Soups and Broths’s highest import potential is Germany with an import gap of $4.5M.

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