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Pricing

2022
ExportsfalseWorld Rnk 9 / 94
Flag Rnk 703 / 4561
2021 - 2022
FASTEST GROWING MARKET $8.74MPoland
2022
Origin $7.56M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $7.56MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

The fastest growing export markets for Cocoa Paste (Not Defatted) of Belgium between 2021 and 2022 were Poland ($8.74M), Switzerland ($4.57M), and Spain ($868k).

The fastest growing import markets in Cocoa Paste (Not Defatted) for Belgium between 2021 and 2022 were United Kingdom ($7.56M), Ghana ($5.91M), and Italy ($2.78M).

COMPANIES In 2023, leading companies such as Volvo (2.59k), John Deere (1.86k), and Marelli Automotive Lighting (1.72k) were at the forefront of shipping Cocoa Paste (Not Defatted) from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Cocoa Paste (Not Defatted) exports accounted up to €2.4M and imports accounted up to €9.66M, resulting in a negative trade balance of €7.26M. Between May 2023 and May 2024 the exports of Belgium's   Cocoa Paste (Not Defatted) have decreased by €-4.54M (-65.4%) from €6.94M to €2.4M, while imports decreased by €-14.6M (-60.2%) from €24.3M to €9.66M.

Destinations In May 2024, Cocoa Paste (Not Defatted) were exported mostly to Canada (€1.52M), Switzerland (€463k), Germany (€398k), Chile (€6.12k), and Czechia (€3.73k), and were imported mostly from Germany (€9.11M), Austria (€530k), and Colombia (€15.7k).

Growth In May 2024, the decrease in Cocoa Paste (Not Defatted)'s year-by-year exports was explained primarily by a decrease in exports to United States (€-389k or -96.5%), Germany (€-371k or -62.5%), and Canada (€-259k or -56.5%). In May 2024, the decrease in Cocoa Paste (Not Defatted)'s year-by-year imports was explained primarily by a decrease in imports from France (€-948k or -46.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-4.54M(-65.4%)
IMPORT GROWTH (May 2023 - May 2024)€-14.6M(-60.2%)
MAIN DESTINATION (May 2024)Canada€1.52M

This section shows Cocoa Paste (Not Defatted)'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 Cocoa Paste (Not Defatted) over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$81.5M

In N/A, Belgium imported N/A in Cocoa Paste (Not Defatted), mainly from Netherlands ($184M), Germany ($66.2M), France ($34.6M), United Kingdom ($9.65M), and Ghana ($5.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste (Not Defatted) EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Poland$8.74M (94.5%)
Switzerland$4.57M (145%)
Spain$868k (91.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste (Not Defatted) BY Belgium WERE (2021 - 2022):
Russia-$2.72M (-98.5%)
Norway-$2.61M (-23.4%)
Sweden-$2.6M (-17%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Cocoa Paste (Not Defatted) were:
Cote d'Ivoire $742M
Netherlands $653M
Ghana $348M
In 2022, Belgium's main importing competitors in Cocoa Paste (Not Defatted) were:
Netherlands $344M
France $293M

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Trade Value of Cocoa Paste (Not Defatted) by Exporters

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