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2022
Exports $89.4MWorld Rnk 25 / 126
Flag Rnk 460 / 1213
2022
Destination $8.19M France
2021 - 2022
FASTEST GROWING MARKET $8.19MNetherlands
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets-1.49Rnk 946 / 1025
2022
Imports $39.6MWorld Rnk 33 / 173
Flag Rnk 711 / 1214
2022
Origin $4.66M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $4.66MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $89.4M in Animal Meal and Pellets, making it the 25th largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 460th most exported product in Belgium. The main destination of Animal Meal and Pellets exports from Belgium are: France ($18.6M), Cambodia ($11.8M), Netherlands ($11.7M), Singapore ($9.43M), and Germany ($7.92M).

The fastest growing export markets for Animal Meal and Pellets of Belgium between 2021 and 2022 were Netherlands ($8.19M), Cambodia ($5.08M), and Philippines ($1.71M).

Imports In 2022, Belgium imported $39.6M in Animal Meal and Pellets, becoming the 33rd largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 711th most imported product in Belgium. Belgium imports Animal Meal and Pellets primarily from: Netherlands ($14.6M), Germany ($6.31M), Denmark ($4.78M), France ($4.1M), and New Zealand ($2.76M).

The fastest growing import markets in Animal Meal and Pellets for Belgium between 2021 and 2022 were Netherlands ($4.66M), Germany ($1.84M), and Poland ($1.22M).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Animal Meal and Pellets exports accounted up to €697k and imports accounted up to €162k, resulting in a positive trade balance of €535k. Between May 2023 and May 2024 the exports of Belgium's   Animal Meal and Pellets have decreased by €-4.43M (-86.4%) from €5.13M to €697k, while imports decreased by €-3.89M (-96%) from €4.05M to €162k.

Destinations In May 2024, Animal Meal and Pellets were exported mostly to Germany (€694k), Bulgaria (€2.54k), and Czechia (€295), and were imported mostly from Germany (€162k).

Growth In May 2024, the decrease in Animal Meal and Pellets's year-by-year exports was explained primarily by a decrease in exports to Vietnam (€-398k or -41.2%), Singapore (€-301k or -24.9%), and France (€-236k or -15.4%). In May 2024, the decrease in Animal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from France (€-116k or -21.3%), Italy (€-91.8k or -99.9%), and Netherlands (€-21.1k or -1.72%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-4.43M(-86.4%)
IMPORT GROWTH (May 2023 - May 2024)€-3.89M(-96%)
MAIN DESTINATION (May 2024)Germany€694k

This section shows Animal Meal and Pellets'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 Animal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89.4M
IMPORTS (2022)$39.6M
NET TRADE (2022)$49.8M

In 2022, Belgium exported $89.4M in Animal Meal and Pellets. The main destinations of Belgium exports on Animal Meal and Pellets were France ($18.6M), Cambodia ($11.8M), Netherlands ($11.7M), Singapore ($9.43M), and Germany ($7.92M).

In 2022, Belgium imported $39.6M in Animal Meal and Pellets, mainly from Netherlands ($14.6M), Germany ($6.31M), Denmark ($4.78M), France ($4.1M), and New Zealand ($2.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$8.19M (233%)
Cambodia$5.08M (76.2%)
Philippines$1.71M (2.25k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Belgium WERE (2021 - 2022):
United Kingdom-$3.94M (-95.1%)
Burma-$3.93M (-72.1%)
Singapore-$2.9M (-23.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Animal Meal and Pellets were:
Peru $1.88B
United States $911M
Chile $423M
In 2022, Belgium's main importing competitors in Animal Meal and Pellets were:
China $2.9B
Vietnam $626M
Norway $481M

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7M
TOP IMPORT POTENTIALGermany+ $3.79M

Animal Meal and Pellets’s highest export potential is Germany. With an export gap of $7M.   Animal Meal and Pellets’s highest import potential is Germany with an import gap of $3.79M.

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