Bovine in Belgium | The Observatory of Economic Complexity

About

Exports In 2023, Belgium exported $254M in Bovine, making it the 12th largest exporter of Bovine in the world. At the same year, Bovine was the 264th most exported product in Belgium. The main destination of Bovine exports from Belgium are: Netherlands ($185M), France ($42.3M), Italy ($14M), Lebanon ($3.91M), and Croatia ($2.77M).

The fastest growing export markets for Bovine of Belgium between 2022 and 2023 were Netherlands ($12.6M), Italy ($8.29M), and France ($4.5M).

Imports In 2023, Belgium imported $198M in Bovine, becoming the 12th largest importer of Bovine in the world. At the same year, Bovine was the 322nd most imported product in Belgium. Belgium imports Bovine primarily from: Netherlands ($166M), Luxembourg ($12.9M), France ($11.9M), Germany ($5.82M), and Czechia ($860k).

The fastest growing import markets in Bovine for Belgium between 2022 and 2023 were Netherlands ($38.8M), Luxembourg ($2.25M), and Germany ($1.55M).

COMPANIES In 2023, leading companies such as Dow Chemical (2) and GE RENEWABLES NORTH AMERICA LLC (1) were at the forefront of shipping Bovine from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Bovine exports accounted up to €16.9M and imports accounted up to €17.3M, resulting in a negative trade balance of €349k. Between November 2023 and November 2024 the exports of Belgium's Bovine have increased by €3.79M (28.9%) from €13.1M to €16.9M, while imports increased by €2.11M (14%) from €15.1M to €17.3M.

Destinations In November 2024, Bovine were exported mostly to Netherlands (€11.5M), France (€2.49M), Italy (€2.27M), Croatia (€302k), and United Arab Emirates (€240k), and were imported mostly from Netherlands (€15.9M), Luxembourg (€582k), France (€498k), Denmark (€129k), and Italy (€85.5k).

Growth In November 2024, the increase in Bovine's year-by-year exports was explained primarily by an increase in exports to France (€2.15M or 81.5%), Netherlands (€1.79M or 22.8%), and Germany (€495k or 127%). In November 2024, the increase in Bovine's year-by-year imports was explained primarily by an increase in imports from Netherlands (€1.2M or 16.6%), France (€484k or 84%), and Luxembourg (€447k or 80.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€3.79M(28.9%)

IMPORT GROWTH (November 2023 - November 2024)€2.11M(14%)

MAIN DESTINATION (November 2024)Netherlands€11.5M

This section shows Bovine'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 over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$254M

IMPORTS (2023)$198M

NET TRADE (2023)$55.3M

In 2023, Belgium exported $254M in Bovine. The main destinations of Belgium exports on Bovine were Netherlands ($185M), France ($42.3M), Italy ($14M), Lebanon ($3.91M), and Croatia ($2.77M).

In 2023, Belgium imported $198M in Bovine, mainly from Netherlands ($166M), Luxembourg ($12.9M), France ($11.9M), Germany ($5.82M), and Czechia ($860k).

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