Tea in Belgium | The Observatory of Economic Complexity

About

Exports In 2023, Belgium exported $16.3M in Tea, making it the 36th largest exporter of Tea in the world. At the same year, Tea was the 798th most exported product in Belgium. The main destination of Tea exports from Belgium are: Netherlands ($6.06M), France ($4.98M), Spain ($1.05M), Italy ($694k), and Luxembourg ($676k).

The fastest growing export markets for Tea of Belgium between 2022 and 2023 were Spain ($281k), United States ($126k), and Austria ($123k).

Imports In 2023, Belgium imported $59M in Tea, becoming the 32nd largest importer of Tea in the world. At the same year, Tea was the 573rd most imported product in Belgium. Belgium imports Tea primarily from: Sri Lanka ($15.5M), Netherlands ($12.1M), France ($9.94M), Germany ($9.18M), and China ($4.51M).

The fastest growing import markets in Tea for Belgium between 2022 and 2023 were Netherlands ($3.33M), Sri Lanka ($2.05M), and Turkey ($966k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Tea from Belgium to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Tea exports accounted up to €1.69M and imports accounted up to €3.77M, resulting in a negative trade balance of €2.08M. Between October 2023 and October 2024 the exports of Belgium's Tea have increased by €201k (13.5%) from €1.49M to €1.69M, while imports increased by €548k (17%) from €3.22M to €3.77M.

Destinations In October 2024, Tea were exported mostly to France (€460k), Spain (€425k), Italy (€274k), Netherlands (€195k), and Sweden (€66.3k), and were imported mostly from France (€1.13M), Netherlands (€1.12M), China (€830k), Germany (€391k), and Sri Lanka (€105k).

Growth In October 2024, the increase in Tea's year-by-year exports was explained primarily by an increase in exports to Spain (€298k or 67.1%), Netherlands (€240k or 235%), and Italy (€171k or 328%). In October 2024, the increase in Tea's year-by-year imports was explained primarily by an increase in imports from Netherlands (€243k or 38.9%), Germany (€75.1k or 38%), and Chinese Taipei (€52.5k or 1.59k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)€201k(13.5%)

IMPORT GROWTH (October 2023 - October 2024)€548k(17%)

MAIN DESTINATION (October 2024)France€460k

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$16.3M

IMPORTS (2023)$59M

NET TRADE (2023)-$42.7M

In 2023, Belgium exported $16.3M in Tea. The main destinations of Belgium exports on Tea were Netherlands ($6.06M), France ($4.98M), Spain ($1.05M), Italy ($694k), and Luxembourg ($676k).

In 2023, Belgium imported $59M in Tea, mainly from Sri Lanka ($15.5M), Netherlands ($12.1M), France ($9.94M), Germany ($9.18M), and China ($4.51M).

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