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Exports In 2022, Belgium exported $235k in Olive Oil, making it the 23rd largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1165th most exported product in Belgium. The main destination of Olive Oil exports from Belgium are: United Kingdom ($105k), Netherlands ($69k), France ($33.5k), Luxembourg ($17.3k), and Germany ($3.65k).

The fastest growing export markets for Olive Oil of Belgium between 2021 and 2022 were United Kingdom ($37.6k), South Korea ($2.35k), and Luxembourg ($1.7k).

Imports In 2022, Belgium imported $3.64M in Olive Oil, becoming the 28th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 1074th most imported product in Belgium. Belgium imports Olive Oil primarily from: Spain ($1.32M), Italy ($1.05M), Netherlands ($495k), Germany ($451k), and United Kingdom ($138k).

The fastest growing import markets in Olive Oil for Belgium between 2021 and 2022 were Spain ($517k), Italy ($386k), and Germany ($147k).

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)€1.5M(47.4k%)
IMPORT GROWTH (April 2023 - April 2024)€254k(165%)
MAIN DESTINATION (April 2024)

This section shows Olive Oil'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 Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$235k
IMPORTS (2022)$3.64M
NET TRADE (2022)-$3.41M

In 2022, Belgium exported $235k in Olive Oil. The main destinations of Belgium exports on Olive Oil were United Kingdom ($105k), Netherlands ($69k), France ($33.5k), Luxembourg ($17.3k), and Germany ($3.65k).

In 2022, Belgium imported $3.64M in Olive Oil, mainly from Spain ($1.32M), Italy ($1.05M), Netherlands ($495k), Germany ($451k), and United Kingdom ($138k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United Kingdom$37.6k (55.9%)
South Korea$2.35k (587%)
Luxembourg$1.7k (10.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Belgium WERE (2021 - 2022):
Netherlands-$226k (-76.6%)
France-$59.8k (-64.1%)
Spain-$36.1k (-97.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Belgium's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $33k
TOP IMPORT POTENTIALSpain+ $178k

Olive Oil’s highest export potential is France. With an export gap of $33k.   Olive Oil’s highest import potential is Spain with an import gap of $178k.

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