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2023
Exports $29.6MWorld Rnk 16 / 150
Flag Rnk 680 / 1216
2023
Destination $1.19M Netherlands
2022 - 2023
FASTEST GROWING MARKET $1.19MFrance
2023
PRODUCT COMPLEXITY IN Cereal Meal and Pellets-1.13Rnk 861 / 1025
2023
Imports $48.4MWorld Rnk 7 / 210
Flag Rnk 621 / 1213
2023
Origin $3.48M France
2022 - 2023
FASTEST GROWING ORIGIN $3.48MFrance
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $29.6M in Cereal Meal and Pellets, making it the 16th largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 680th most exported product in Belgium. The main destination of Cereal Meal and Pellets exports from Belgium are: Netherlands ($10.8M), France ($10.3M), United Kingdom ($5.74M), Germany ($775k), and Luxembourg ($325k).

The fastest growing export markets for Cereal Meal and Pellets of Belgium between 2022 and 2023 were France ($1.19M), United Kingdom ($575k), and Luxembourg ($102k).

Imports In 2023, Belgium imported $48.4M in Cereal Meal and Pellets, becoming the 7th largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 621st most imported product in Belgium. Belgium imports Cereal Meal and Pellets primarily from: France ($19M), Italy ($8.83M), Luxembourg ($7.75M), Netherlands ($4.8M), and Poland ($4.04M).

The fastest growing import markets in Cereal Meal and Pellets for Belgium between 2022 and 2023 were France ($3.48M), Italy ($1.78M), and Poland ($1.73M).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Cereal Meal and Pellets exports accounted up to €1.84M and imports accounted up to €2.34M, resulting in a negative trade balance of €494k. Between November 2023 and November 2024 the exports of Belgium's   Cereal Meal and Pellets have decreased by €-773k (-29.5%) from €2.62M to €1.84M, while imports decreased by €-1.03M (-30.6%) from €3.37M to €2.34M.

Destinations In November 2024, Cereal Meal and Pellets were exported mostly to France (€865k), Netherlands (€593k), United Kingdom (€287k), Germany (€30.9k), and Saudi Arabia (€17.4k), and were imported mostly from France (€734k), Italy (€643k), Luxembourg (€378k), Poland (€192k), and Netherlands (€152k).

Growth In November 2024, the decrease in Cereal Meal and Pellets's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-53.9k or -14.7%), Poland (€-10.1k or -42.2%), and Italy (€-6.9k or -77.6%). In November 2024, the decrease in Cereal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from Poland (€-28k or -26.4%), Netherlands (€-23k or -10.2%), and Morocco (€-17.3k or -95.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-773k(-29.5%)
IMPORT GROWTH (November 2023 - November 2024)€-1.03M(-30.6%)
MAIN DESTINATION (November 2024)France€865k

This section shows Cereal 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 Cereal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$29.6M
IMPORTS (2023)$48.4M
NET TRADE (2023)-$18.8M

In 2023, Belgium exported $29.6M in Cereal Meal and Pellets. The main destinations of Belgium exports on Cereal Meal and Pellets were Netherlands ($10.8M), France ($10.3M), United Kingdom ($5.74M), Germany ($775k), and Luxembourg ($325k).

In 2023, Belgium imported $48.4M in Cereal Meal and Pellets, mainly from France ($19M), Italy ($8.83M), Luxembourg ($7.75M), Netherlands ($4.8M), and Poland ($4.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
France$1.19M (13.1%)
United Kingdom$575k (11.1%)
Luxembourg$102k (45.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY Belgium WERE (2022 - 2023):
Netherlands-$1.86M (-14.7%)
Algeria-$1.16M (-85.1%)
Poland-$458k (-69.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Cereal Meal and Pellets were:
Canada $188M
South Africa $144M
Italy $132M
In 2023, Belgium's main importing competitors in Cereal Meal and Pellets were:
United States $211M
Democratic Republic of the Congo $85.5M
France $75.4M

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.74M
TOP IMPORT POTENTIALGermany+ $1.21M

Cereal Meal and Pellets’s highest export potential is Germany. With an export gap of $1.74M.   Cereal Meal and Pellets’s highest import potential is Germany with an import gap of $1.21M.

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