Sign In
Pricing

2022
Exports $261MWorld Rnk 12 / 141
Flag Rnk 247 / 1213
2022
Destination $55.7M France
2021 - 2022
FASTEST GROWING MARKET $55.7MFrance
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils-0.34Rnk 660 / 1025
2022
Imports $402MWorld Rnk 8 / 186
Flag Rnk 216 / 1214
2022
Origin $63.5M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $63.5MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $261M in Inedible Fats and Oils, making it the 12th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 247th most exported product in Belgium. The main destination of Inedible Fats and Oils exports from Belgium are: France ($89.1M), Netherlands ($47M), Spain ($33.4M), Portugal ($30.9M), and Germany ($18.8M).

The fastest growing export markets for Inedible Fats and Oils of Belgium between 2021 and 2022 were France ($55.7M), Spain ($29.6M), and Portugal ($14M).

Imports In 2022, Belgium imported $402M in Inedible Fats and Oils, becoming the 8th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 216th most imported product in Belgium. Belgium imports Inedible Fats and Oils primarily from: Netherlands ($137M), Finland ($56.8M), France ($37.6M), China ($32.8M), and Germany ($29.6M).

The fastest growing import markets in Inedible Fats and Oils for Belgium between 2021 and 2022 were Netherlands ($63.5M), Finland ($56.5M), and China ($32M).

Latest Trends

September 2024

About

Overview In September 2024 Belgium's Inedible Fats and Oils exports accounted up to €30.5M and imports accounted up to €18.1M, resulting in a positive trade balance of €12.4M. Between September 2023 and September 2024 the exports of Belgium's   Inedible Fats and Oils have increased by €8.8M (40.5%) from €21.7M to €30.5M, while imports increased by €1.23M (7.28%) from €16.9M to €18.1M.

Destinations In September 2024, Inedible Fats and Oils were exported mostly to France (€16.3M), Netherlands (€6.8M), Spain (€5.89M), Germany (€432k), and Italy (€369k), and were imported mostly from Netherlands (€6.69M), France (€4.02M), Germany (€3.04M), United Kingdom (€2.07M), and Sweden (€931k).

Growth In September 2024, the increase in Inedible Fats and Oils's year-by-year exports was explained primarily by an increase in exports to Ireland (€121k or 343%), Poland (€99.4k or 301%), and South Africa (€70.1k or 206%). In September 2024, the increase in Inedible Fats and Oils's year-by-year imports was explained primarily by an increase in imports from Netherlands (€22.8M or 560%), China (€1.94M or 531k%), and France (€1.02M or 33.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€8.8M(40.5%)
IMPORT GROWTH (September 2023 - September 2024)€1.23M(7.28%)
MAIN DESTINATION (September 2024)France€16.3M

This section shows Inedible Fats and Oils'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 Inedible Fats and Oils over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$261M
IMPORTS (2022)$402M
NET TRADE (2022)-$141M

In 2022, Belgium exported $261M in Inedible Fats and Oils. The main destinations of Belgium exports on Inedible Fats and Oils were France ($89.1M), Netherlands ($47M), Spain ($33.4M), Portugal ($30.9M), and Germany ($18.8M).

In 2022, Belgium imported $402M in Inedible Fats and Oils, mainly from Netherlands ($137M), Finland ($56.8M), France ($37.6M), China ($32.8M), and Germany ($29.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$55.7M (167%)
Spain$29.6M (778%)
Portugal$14M (82.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Belgium WERE (2021 - 2022):
Lithuania-$1.98M (-93.8%)
Germany-$923k (-4.67%)
Sweden-$904k (-33.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Inedible Fats and Oils were:
China $2.4B
Netherlands $1.68B
Malaysia $942M
In 2022, Belgium's main importing competitors in Inedible Fats and Oils were:
Netherlands $2.47B
Singapore $1.19B
Spain $1.03B

Explore Visualizations

Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $24.1M
TOP IMPORT POTENTIALNetherlands+ $15.2M

Inedible Fats and Oils’s highest export potential is Netherlands. With an export gap of $24.1M.   Inedible Fats and Oils’s highest import potential is Netherlands with an import gap of $15.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms