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2022
Exports $155MWorld Rnk 18 / 161
Flag Rnk 356 / 1213
2022
Destination $14.3M France
2021 - 2022
FASTEST GROWING MARKET $14.3MAustria
2022
PRODUCT COMPLEXITY IN Bananas-1.99Rnk 1001 / 1025
2022
Imports $471MWorld Rnk 8 / 196
Flag Rnk 192 / 1214
2022
Origin $16.8M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $16.8MCosta Rica
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $155M in Bananas, making it the 18th largest exporter of Bananas in the world. At the same year, Bananas was the 356th most exported product in Belgium. The main destination of Bananas exports from Belgium are: France ($47.7M), Austria ($20.7M), Netherlands ($16.5M), Germany ($13.8M), and Poland ($11.4M).

The fastest growing export markets for Bananas of Belgium between 2021 and 2022 were Austria ($14.3M), Sweden ($3.45M), and Poland ($3.15M).

Imports In 2022, Belgium imported $471M in Bananas, becoming the 8th largest importer of Bananas in the world. At the same year, Bananas was the 192nd most imported product in Belgium. Belgium imports Bananas primarily from: Colombia ($151M), Ecuador ($115M), Netherlands ($76.5M), Costa Rica ($74.4M), and Cote d'Ivoire ($18.1M).

The fastest growing import markets in Bananas for Belgium between 2021 and 2022 were Costa Rica ($16.8M), Guatemala ($3.39M), and France ($639k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Bananas exports accounted up to €9.32M and imports accounted up to €18.9M, resulting in a negative trade balance of €9.56M. Between August 2023 and August 2024 the exports of Belgium's   Bananas have decreased by €-4.23M (-31.2%) from €13.6M to €9.32M, while imports increased by €922k (5.13%) from €18M to €18.9M.

Destinations In August 2024, Bananas were exported mostly to France (€3.29M), Germany (€1.75M), Netherlands (€1.4M), Poland (€803k), and Czechia (€672k), and were imported mostly from Netherlands (€6.45M), Colombia (€3.27M), Germany (€2.22M), Ecuador (€2.03M), and Costa Rica (€1.48M).

Growth In August 2024, the decrease in Bananas's year-by-year exports was explained primarily by a decrease in exports to France (€-149k or -3.41%), Latvia (€-81.9k or -57.3%), and Croatia (€-51.4k or -31.1%). In August 2024, the increase in Bananas's year-by-year imports was explained primarily by an increase in imports from Colombia (€5.52M or 603%), Costa Rica (€3.73M or 1.23k%), and Ecuador (€2.19M or 121%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-4.23M(-31.2%)
IMPORT GROWTH (August 2023 - August 2024)€922k(5.13%)
MAIN DESTINATION (August 2024)France€3.29M

This section shows Bananas'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 Bananas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$155M
IMPORTS (2022)$471M
NET TRADE (2022)-$316M

In 2022, Belgium exported $155M in Bananas. The main destinations of Belgium exports on Bananas were France ($47.7M), Austria ($20.7M), Netherlands ($16.5M), Germany ($13.8M), and Poland ($11.4M).

In 2022, Belgium imported $471M in Bananas, mainly from Colombia ($151M), Ecuador ($115M), Netherlands ($76.5M), Costa Rica ($74.4M), and Cote d'Ivoire ($18.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Austria$14.3M (221%)
Sweden$3.45M (65.9k%)
Poland$3.15M (38.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Belgium WERE (2021 - 2022):
France-$35.1M (-42.4%)
Germany-$20.8M (-60.1%)
Spain-$18.9M (-94.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Bananas were:
Ecuador $3.68B
Philippines $1.41B
Costa Rica $1.22B
In 2022, Belgium's main importing competitors in Bananas were:
United States $2.7B
China $1.06B
Japan $797M

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.1M
TOP IMPORT POTENTIALEcuador+ $7.85M

Bananas’s highest export potential is Germany. With an export gap of $15.1M.   Bananas’s highest import potential is Ecuador with an import gap of $7.85M.

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