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2023
Exports $904MWorld Rnk 7 / 196
Flag Rnk 87 / 1216
2023
Destination $54.4M Netherlands
2022 - 2023
FASTEST GROWING MARKET $54.4MGermany
2023
PRODUCT COMPLEXITY IN Confectionery Sugar-0.6Rnk 734 / 1025
2023
Imports $346MWorld Rnk 9 / 226
Flag Rnk 207 / 1213
2023
Origin $29.9M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $29.9MNetherlands
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $904M in Confectionery Sugar, making it the 7th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 87th most exported product in Belgium. The main destination of Confectionery Sugar exports from Belgium are: Netherlands ($161M), Germany ($154M), France ($113M), United Kingdom ($103M), and Spain ($29M).

The fastest growing export markets for Confectionery Sugar of Belgium between 2022 and 2023 were Germany ($54.4M), Netherlands ($35.9M), and France ($22.4M).

Imports In 2023, Belgium imported $346M in Confectionery Sugar, becoming the 9th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 207th most imported product in Belgium. Belgium imports Confectionery Sugar primarily from: Netherlands ($163M), Germany ($79.1M), France ($23.8M), Italy ($17.1M), and United Kingdom ($11.9M).

The fastest growing import markets in Confectionery Sugar for Belgium between 2022 and 2023 were Netherlands ($29.9M), Germany ($13.4M), and France ($6.26M).

COMPANIES In 2023, leading companies such as Barry Callebaut (16), Volvo (5), and Mercedes-Benz (2) were at the forefront of shipping Confectionery Sugar from Belgium to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Confectionery Sugar exports accounted up to €90.3M and imports accounted up to €26.5M, resulting in a positive trade balance of €63.9M. Between November 2023 and November 2024 the exports of Belgium's   Confectionery Sugar have increased by €29.1M (47.4%) from €61.3M to €90.3M, while imports increased by €7.25M (37.6%) from €19.2M to €26.5M.

Destinations In November 2024, Confectionery Sugar were exported mostly to Netherlands (€16.4M), Germany (€13.8M), France (€12.3M), United Kingdom (€12M), and Spain (€4.79M), and were imported mostly from Netherlands (€10.6M), Germany (€7.34M), Italy (€1.77M), France (€1.74M), and United Kingdom (€1.18M).

Growth In November 2024, the increase in Confectionery Sugar's year-by-year exports was explained primarily by an increase in exports to Netherlands (€1.55M or 16.7%), United Kingdom (€1.51M or 27.9%), and Germany (€839k or 13.8%). In November 2024, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from Netherlands (€2.98M or 32.4%), Germany (€1.35M or 39.2%), and France (€654k or 59.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€29.1M(47.4%)
IMPORT GROWTH (November 2023 - November 2024)€7.25M(37.6%)
MAIN DESTINATION (November 2024)Netherlands€16.4M

This section shows Confectionery Sugar'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 Confectionery Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$904M
IMPORTS (2023)$346M
NET TRADE (2023)$558M

In 2023, Belgium exported $904M in Confectionery Sugar. The main destinations of Belgium exports on Confectionery Sugar were Netherlands ($161M), Germany ($154M), France ($113M), United Kingdom ($103M), and Spain ($29M).

In 2023, Belgium imported $346M in Confectionery Sugar, mainly from Netherlands ($163M), Germany ($79.1M), France ($23.8M), Italy ($17.1M), and United Kingdom ($11.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Germany$54.4M (54.9%)
Netherlands$35.9M (28.7%)
France$22.4M (24.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Belgium WERE (2022 - 2023):
United States-$1.14M (-6.28%)
Saudi Arabia-$920k (-13.5%)
Canada-$797k (-6.77%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Confectionery Sugar were:
Germany $1.97B
China $1.5B
Mexico $1.36B
In 2023, Belgium's main importing competitors in Confectionery Sugar were:
United States $3.26B
United Kingdom $1.01B
Germany $992M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $36.8M
TOP IMPORT POTENTIALGermany+ $25.9M

Confectionery Sugar’s highest export potential is Germany. With an export gap of $36.8M.   Confectionery Sugar’s highest import potential is Germany with an import gap of $25.9M.

See methodology.

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