2022
Exports
$33.5MWorld Rnk 5 / 85
Flag Rnk 635 / 1213
2022
PRODUCT COMPLEXITY IN Hops
0.45Rnk 387 / 1025
2022
Imports
$57.3MWorld Rnk 4 / 160
Flag Rnk 627 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $33.5M in Hops, making it the 5th largest exporter of Hops in the world. At the same year, Hops was the 635th most exported product in Belgium. The main destination of Hops exports from Belgium are: Italy ($4.24M), France ($3.9M), Sweden ($3.62M), Spain ($3.28M), and Denmark ($2.76M).

The fastest growing export markets for Hops of Belgium between 2021 and 2022 were Denmark ($2.05M), Netherlands ($1.61M), and Ireland ($1.58M).

Imports In 2022, Belgium imported $57.3M in Hops, becoming the 4th largest importer of Hops in the world. At the same year, Hops was the 627th most imported product in Belgium. Belgium imports Hops primarily from: United States ($41.3M), Germany ($11.5M), Czechia ($1.69M), Slovenia ($1.02M), and France ($916k).

The fastest growing import markets in Hops for Belgium between 2021 and 2022 were Latvia ($200k), New Zealand ($116k), and United Kingdom ($85.9k).

COMPANIES In 2023, leading companies such as Heineken (1) were at the forefront of shipping Hops from Belgium to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-3.92M(-91.5%)
IMPORT GROWTH (May 2023 - May 2024)€-3.03M(-68.9%)
MAIN DESTINATION (May 2024)Germany€276k

This section shows Hops'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 Hops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.5M
IMPORTS (2022)$57.3M
NET TRADE (2022)-$23.8M

In 2022, Belgium exported $33.5M in Hops. The main destinations of Belgium exports on Hops were Italy ($4.24M), France ($3.9M), Sweden ($3.62M), Spain ($3.28M), and Denmark ($2.76M).

In 2022, Belgium imported $57.3M in Hops, mainly from United States ($41.3M), Germany ($11.5M), Czechia ($1.69M), Slovenia ($1.02M), and France ($916k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Denmark$2.05M (287%)
Netherlands$1.61M (206%)
Ireland$1.58M (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Belgium WERE (2021 - 2022):
United Kingdom-$2.82M (-82.8%)
Sweden-$1.83M (-33.5%)
Czechia-$328k (-23.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.44M
TOP IMPORT POTENTIALGermany+ $3.75M

Hops’s highest export potential is Germany. With an export gap of $1.44M.   Hops’s highest import potential is Germany with an import gap of $3.75M.

See methodology.

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