Wheat in Belgium | The Observatory of Economic Complexity

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Exports In 2023, Belgium exported $107M in Wheat, making it the 31st largest exporter of Wheat in the world. At the same year, Wheat was the 429th most exported product in Belgium. The main destination of Wheat exports from Belgium are: Netherlands ($80.7M), Italy ($8.35M), France ($8.35M), Germany ($3.49M), and Luxembourg ($1.36M).

The fastest growing export markets for Wheat of Belgium between 2022 and 2023 were Italy ($1.74M), Israel ($1.01M), and Switzerland ($782k).

Imports In 2023, Belgium imported $992M in Wheat, becoming the 19th largest importer of Wheat in the world. At the same year, Wheat was the 69th most imported product in Belgium. Belgium imports Wheat primarily from: France ($646M), Germany ($225M), Netherlands ($60.8M), Turkey ($14.6M), and Canada ($12.2M).

The fastest growing import markets in Wheat for Belgium between 2022 and 2023 were Turkey ($14.6M), Canada ($7.53M), and Lithuania ($4.28M).

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Wheat exports accounted up to €5.55M and imports accounted up to €63.1M, resulting in a negative trade balance of €57.5M. Between October 2023 and October 2024 the exports of Belgium's Wheat have increased by €732k (15.2%) from €4.82M to €5.55M, while imports decreased by €-11.6M (-15.5%) from €74.6M to €63.1M.

Destinations In October 2024, Wheat were exported mostly to Netherlands (€3.5M), Italy (€822k), Germany (€643k), France (€329k), and Austria (€102k), and were imported mostly from France (€39.4M), Germany (€18.6M), Netherlands (€3.64M), Austria (€324k), and Canada (€315k).

Growth In October 2024, the increase in Wheat's year-by-year exports was explained primarily by an increase in exports to Italy (€249k or 27.2%), Austria (€91.1k or 36.8%), and Spain (€8.13k or 19.7%). In October 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 (October 2023 - October 2024)€732k(15.2%)

IMPORT GROWTH (October 2023 - October 2024)€-11.6M(-15.5%)

MAIN DESTINATION (October 2024)Netherlands€3.5M

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 (2023)$107M

IMPORTS (2023)$992M

NET TRADE (2023)-$885M

In 2023, Belgium exported $107M in Wheat. The main destinations of Belgium exports on Wheat were Netherlands ($80.7M), Italy ($8.35M), France ($8.35M), Germany ($3.49M), and Luxembourg ($1.36M).

In 2023, Belgium imported $992M in Wheat, mainly from France ($646M), Germany ($225M), Netherlands ($60.8M), Turkey ($14.6M), and Canada ($12.2M).

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