2023
Exports
$12.7MWorld Rnk 17 / 145
Flag Rnk 835 / 1216
2023
PRODUCT COMPLEXITY IN Buckwheat
-1.65Rnk 966 / 1025
2023
Imports
$45.7MWorld Rnk 8 / 208
Flag Rnk 634 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $12.7M in Buckwheat, making it the 17th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 835th most exported product in Belgium. The main destination of Buckwheat exports from Belgium are: France ($4.03M), Netherlands ($2.7M), Saudi Arabia ($1.43M), Germany ($624k), and Spain ($527k).

The fastest growing export markets for Buckwheat of Belgium between 2022 and 2023 were Hungary ($63.7k), Ireland ($50.6k), and Kuwait ($46k).

Imports In 2023, Belgium imported $45.7M in Buckwheat, becoming the 8th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 634th most imported product in Belgium. Belgium imports Buckwheat primarily from: France ($11.1M), Canada ($9.35M), Netherlands ($7.83M), Germany ($3.85M), and Hungary ($2.38M).

The fastest growing import markets in Buckwheat for Belgium between 2022 and 2023 were Bolivia ($774k), India ($274k), and Romania ($148k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€159k(14.6%)
IMPORT GROWTH (October 2023 - October 2024)€-663k(-19.5%)
MAIN DESTINATION (October 2024)France€518k

This section shows Buckwheat'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 Buckwheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12.7M
IMPORTS (2023)$45.7M
NET TRADE (2023)-$32.9M

In 2023, Belgium exported $12.7M in Buckwheat. The main destinations of Belgium exports on Buckwheat were France ($4.03M), Netherlands ($2.7M), Saudi Arabia ($1.43M), Germany ($624k), and Spain ($527k).

In 2023, Belgium imported $45.7M in Buckwheat, mainly from France ($11.1M), Canada ($9.35M), Netherlands ($7.83M), Germany ($3.85M), and Hungary ($2.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Hungary$63.7k (102%)
Ireland$50.6k (10.6%)
Kuwait$46k (17.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Belgium WERE (2022 - 2023):
Saudi Arabia-$2.23M (-60.9%)
France-$1.44M (-26.3%)
Netherlands-$457k (-14.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Buckwheat were:
In 2023, Belgium's main importing competitors in Buckwheat were:

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.97M
TOP IMPORT POTENTIALGermany+ $1.51M

Buckwheat’s highest export potential is Germany. With an export gap of $1.97M.   Buckwheat’s highest import potential is Germany with an import gap of $1.51M.

See methodology.

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