Wheat in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $140M in Wheat, making it the 35th largest exporter of Wheat in the world. At the same year, Wheat was the 376th most exported product in Belgium. The main destination of Wheat exports from Belgium are: Netherlands ($109M), France ($13.7M), Italy ($6.88M), Germany ($6.35M), and Luxembourg ($953k).

The fastest growing export markets for Wheat of Belgium between 2021 and 2022 were Greece ($415k), Luxembourg ($376k), and Finland ($363k).

Imports In 2022, Belgium imported $1.16B in Wheat, becoming the 19th largest importer of Wheat in the world. At the same year, Wheat was the 67th most imported product in Belgium. Belgium imports Wheat primarily from: France ($798M), Germany ($209M), Netherlands ($78.4M), Poland ($18.8M), and United States ($12.8M).

The fastest growing import markets in Wheat for Belgium between 2021 and 2022 were France ($177M), Netherlands ($41.3M), and Poland ($18.1M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Wheat exports accounted up to €3.16M and imports accounted up to €54M, resulting in a negative trade balance of €50.8M. Between August 2023 and August 2024 the exports of Belgium's Wheat have decreased by €-2.92M (-48.1%) from €6.08M to €3.16M, while imports decreased by €-5.79M (-9.68%) from €59.8M to €54M.

Destinations In August 2024, Wheat were exported mostly to Netherlands (€2.1M), France (€481k), Italy (€304k), Germany (€223k), and Iceland (€20.8k), and were imported mostly from France (€29.7M), Germany (€13.9M), Netherlands (€4.4M), Turkey (€2.8M), and Poland (€1.89M).

Growth In August 2024, the decrease in Wheat's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-2.09M or -31.9%), Germany (€-699k or -65.1%), and France (€-614k or -40.7%). In August 2024, the decrease in Wheat's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-1.38M or -21.9%), United States (€-295k or -100%), and Italy (€-37.6k or -53.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€-2.92M(-48.1%)

IMPORT GROWTH (August 2023 - August 2024)€-5.79M(-9.68%)

MAIN DESTINATION (August 2024)Netherlands€2.1M

This section shows Wheat'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 Wheat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$140M

IMPORTS (2022)$1.16B

NET TRADE (2022)-$1.02B

In 2022, Belgium exported $140M in Wheat. The main destinations of Belgium exports on Wheat were Netherlands ($109M), France ($13.7M), Italy ($6.88M), Germany ($6.35M), and Luxembourg ($953k).

In 2022, Belgium imported $1.16B in Wheat, mainly from France ($798M), Germany ($209M), Netherlands ($78.4M), Poland ($18.8M), and United States ($12.8M).

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