Malt Extract in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $911M in Malt Extract, making it the 8th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 84th most exported product in Belgium. The main destination of Malt Extract exports from Belgium are: France ($139M), Netherlands ($133M), Germany ($99.1M), United Kingdom ($58.5M), and Italy ($53.9M).

The fastest growing export markets for Malt Extract of Belgium between 2021 and 2022 were France ($25.7M), Italy ($15.2M), and Germany ($12M).

Imports In 2022, Belgium imported $423M in Malt Extract, becoming the 14th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 203rd most imported product in Belgium. Belgium imports Malt Extract primarily from: France ($155M), Germany ($79.2M), Netherlands ($78.9M), Poland ($16.9M), and Spain ($16M).

The fastest growing import markets in Malt Extract for Belgium between 2021 and 2022 were France ($14.1M), Germany ($6.74M), and Spain ($3.75M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (1.55k) were at the forefront of shipping Malt Extract from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Malt Extract exports accounted up to €65.1M and imports accounted up to €34.9M, resulting in a positive trade balance of €30.2M. Between December 2022 and December 2023 the exports of Belgium's Malt Extract have decreased by €-14.1M (-17.8%) from €79.2M to €65.1M, while imports increased by €3.11M (9.76%) from €31.8M to €34.9M.

Destinations In December 2023, Malt Extract were exported mostly to Netherlands (€11.8M), Germany (€10.8M), France (€10.4M), United Kingdom (€4.59M), and Italy (€3.37M), and were imported mostly from France (€13.4M), Netherlands (€8.38M), Germany (€4.51M), Spain (€1.85M), and Switzerland (€1.25M).

Growth In December 2023, the decrease in Malt Extract's year-by-year exports was explained primarily by a decrease in exports to Bangladesh (€-2.03M or -66.3%), Russia (€-1.22M or -96.9%), and Yemen (€-968k or -36.2%). In December 2023, the increase in Malt Extract's year-by-year imports was explained primarily by an increase in imports from France (€2.39M or 35.4%), Netherlands (€1.13M or 19.4%), and Poland (€502k or 163%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-14.1M(-17.8%)

IMPORT GROWTH (December 2022 - December 2023)€3.11M(9.76%)

MAIN DESTINATION (December 2023)Netherlands€11.8M

This section shows Malt Extract'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 Malt Extract 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$911M

IMPORTS (2022)$423M

NET TRADE (2022)$489M

In 2022, Belgium exported $911M in Malt Extract. The main destinations of Belgium exports on Malt Extract were France ($139M), Netherlands ($133M), Germany ($99.1M), United Kingdom ($58.5M), and Italy ($53.9M).

In 2022, Belgium imported $423M in Malt Extract, mainly from France ($155M), Germany ($79.2M), Netherlands ($78.9M), Poland ($16.9M), and Spain ($16M).

Explore Visualizations