2022
Exports
$347MWorld Rnk 3 / 152
Flag Rnk 193 / 1213
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$208MWorld Rnk 8 / 219
Flag Rnk 349 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $347M in Fermented Milk Products, making it the 3rd largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 193rd most exported product in Belgium. The main destination of Fermented Milk Products exports from Belgium are: United Kingdom ($80.5M), Netherlands ($63M), Germany ($45.2M), Poland ($20.2M), and France ($18.1M).

The fastest growing export markets for Fermented Milk Products of Belgium between 2021 and 2022 were Nigeria ($12.8M), Philippines ($10.9M), and Austria ($5.04M).

Imports In 2022, Belgium imported $208M in Fermented Milk Products, becoming the 8th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 349th most imported product in Belgium. Belgium imports Fermented Milk Products primarily from: France ($82.1M), Germany ($63.8M), Netherlands ($36.4M), Greece ($7.81M), and Austria ($5.45M).

The fastest growing import markets in Fermented Milk Products for Belgium between 2021 and 2022 were Italy ($995k), Greece ($920k), and Germany ($165k).

COMPANIES In 2023, leading companies such as Heineken (8), Volvo (1), and Kubota (1) were at the forefront of shipping Fermented Milk Products from Belgium to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€1.3M(4.64%)
IMPORT GROWTH (August 2023 - August 2024)€845k(4.42%)
MAIN DESTINATION (August 2024)Germany€7.24M

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$347M
IMPORTS (2022)$208M
NET TRADE (2022)$139M

In 2022, Belgium exported $347M in Fermented Milk Products. The main destinations of Belgium exports on Fermented Milk Products were United Kingdom ($80.5M), Netherlands ($63M), Germany ($45.2M), Poland ($20.2M), and France ($18.1M).

In 2022, Belgium imported $208M in Fermented Milk Products, mainly from France ($82.1M), Germany ($63.8M), Netherlands ($36.4M), Greece ($7.81M), and Austria ($5.45M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Nigeria$12.8M (352%)
Philippines$10.9M (183%)
Austria$5.04M (67.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Belgium WERE (2021 - 2022):
Germany-$14.9M (-24.8%)
United Kingdom-$14.2M (-15%)
Ukraine-$2.95M (-63.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Fermented Milk Products were:
In 2022, Belgium's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.3M
TOP IMPORT POTENTIALGermany+ $13.7M

Fermented Milk Products’s highest export potential is Germany. With an export gap of $13.3M.   Fermented Milk Products’s highest import potential is Germany with an import gap of $13.7M.

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