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2022
Exports $97.8MWorld Rnk 15 / 117
Flag Rnk 441 / 1213
2022
Destination $3.98M Netherlands
2021 - 2022
FASTEST GROWING MARKET $3.98MPhilippines
2022
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 408 / 1025
2022
Imports $117MWorld Rnk 15 / 198
Flag Rnk 471 / 1214
2022
Origin $6.09M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $6.09MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $97.8M in Whey and other milk products, making it the 15th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 441st most exported product in Belgium. The main destination of Whey and other milk products exports from Belgium are: Netherlands ($30.1M), France ($21.4M), Germany ($12.7M), Poland ($5.96M), and United Kingdom ($5.41M).

The fastest growing export markets for Whey and other milk products of Belgium between 2021 and 2022 were Philippines ($3.98M), United Kingdom ($3.53M), and Germany ($2.35M).

Imports In 2022, Belgium imported $117M in Whey and other milk products, becoming the 15th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 471st most imported product in Belgium. Belgium imports Whey and other milk products primarily from: Netherlands ($51M), France ($21.8M), Germany ($17.7M), Ireland ($8.19M), and United States ($3.77M).

The fastest growing import markets in Whey and other milk products for Belgium between 2021 and 2022 were Netherlands ($6.09M), Ireland ($4.8M), and Sweden ($2.92M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Whey and other milk products exports accounted up to €7.31M and imports accounted up to €5.12M, resulting in a positive trade balance of €2.19M. Between August 2023 and August 2024 the exports of Belgium's   Whey and other milk products have increased by €2.64M (56.7%) from €4.66M to €7.31M, while imports increased by €727k (16.6%) from €4.39M to €5.12M.

Destinations In August 2024, Whey and other milk products were exported mostly to Denmark (€2.48M), United Kingdom (€1.34M), Netherlands (€1.22M), France (€667k), and Poland (€533k), and were imported mostly from Netherlands (€1.97M), Germany (€1.38M), France (€869k), Spain (€338k), and Poland (€185k).

Growth In August 2024, the increase in Whey and other milk products's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€600k or 817%), Morocco (€23.6k or 166%), and Luxembourg (€6.11k or 108%). In August 2024, the increase in Whey and other milk products's year-by-year imports was explained primarily by an increase in imports from Germany (€310k or 27.6%), Lithuania (€191k or 850%), and Finland (€20.4k or 88%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€2.64M(56.7%)
IMPORT GROWTH (August 2023 - August 2024)€727k(16.6%)
MAIN DESTINATION (August 2024)Denmark€2.48M

This section shows Whey and other milk products'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 Whey and other milk products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$97.8M
IMPORTS (2022)$117M
NET TRADE (2022)-$19.2M

In 2022, Belgium exported $97.8M in Whey and other milk products. The main destinations of Belgium exports on Whey and other milk products were Netherlands ($30.1M), France ($21.4M), Germany ($12.7M), Poland ($5.96M), and United Kingdom ($5.41M).

In 2022, Belgium imported $117M in Whey and other milk products, mainly from Netherlands ($51M), France ($21.8M), Germany ($17.7M), Ireland ($8.19M), and United States ($3.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Philippines$3.98M (3.93k%)
United Kingdom$3.53M (188%)
Germany$2.35M (22.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Belgium WERE (2021 - 2022):
Italy-$485k (-18.1%)
China-$456k (-20.1%)
Israel-$443k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Whey and other milk products were:
United States $1.06B
Germany $786M
Netherlands $654M
In 2022, Belgium's main importing competitors in Whey and other milk products were:
China $1.01B
Netherlands $656M
Germany $366M

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.49M
TOP IMPORT POTENTIALGermany+ $10.6M

Whey and other milk products’s highest export potential is Germany. With an export gap of $7.49M.   Whey and other milk products’s highest import potential is Germany with an import gap of $10.6M.

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