2022
Exports
$630MWorld Rnk 14 / 121
Flag Rnk 120 / 1213
2022
PRODUCT COMPLEXITY IN Bovine Meat
-0.66Rnk 747 / 1025
2022
Imports
$384MWorld Rnk 19 / 204
Flag Rnk 226 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $630M in Bovine Meat, making it the 14th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 120th most exported product in Belgium. The main destination of Bovine Meat exports from Belgium are: Netherlands ($174M), France ($154M), Germany ($120M), Italy ($71.2M), and Luxembourg ($33.6M).

The fastest growing export markets for Bovine Meat of Belgium between 2021 and 2022 were Italy ($8.62M), Greece ($5.72M), and Germany ($5.25M).

Imports In 2022, Belgium imported $384M in Bovine Meat, becoming the 19th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 226th most imported product in Belgium. Belgium imports Bovine Meat primarily from: Netherlands ($131M), France ($91.2M), Ireland ($74.6M), Spain ($19.8M), and Poland ($18.7M).

The fastest growing import markets in Bovine Meat for Belgium between 2021 and 2022 were Netherlands ($30.5M), New Zealand ($4.78M), and Spain ($3.6M).

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-42.8M(-77.4%)
IMPORT GROWTH (May 2023 - May 2024)€-30M(-96.1%)
MAIN DESTINATION (May 2024)Germany€11M

This section shows Bovine Meat'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 Bovine Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$630M
IMPORTS (2022)$384M
NET TRADE (2022)$246M

In 2022, Belgium exported $630M in Bovine Meat. The main destinations of Belgium exports on Bovine Meat were Netherlands ($174M), France ($154M), Germany ($120M), Italy ($71.2M), and Luxembourg ($33.6M).

In 2022, Belgium imported $384M in Bovine Meat, mainly from Netherlands ($131M), France ($91.2M), Ireland ($74.6M), Spain ($19.8M), and Poland ($18.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$8.62M (13.8%)
Greece$5.72M (117%)
Germany$5.25M (4.57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Belgium WERE (2021 - 2022):
France-$32.1M (-17.3%)
United Kingdom-$2.87M (-81.8%)
Romania-$1.87M (-41%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Bovine Meat were:
In 2022, Belgium's main importing competitors in Bovine Meat were:

Explore Visualizations

Trade Value of Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $58.4M
TOP IMPORT POTENTIALNetherlands+ $25.2M

Bovine Meat’s highest export potential is Germany. With an export gap of $58.4M.   Bovine Meat’s highest import potential is Netherlands with an import gap of $25.2M.

See methodology.

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