2022
Exports
$47.5MWorld Rnk 14 / 143
Flag Rnk 566 / 1213
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.091Rnk 525 / 1025
2022
Imports
$15.7MWorld Rnk 24 / 218
Flag Rnk 873 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $47.5M in Other Fermented Beverages, making it the 14th largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 566th most exported product in Belgium. The main destination of Other Fermented Beverages exports from Belgium are: Spain ($5.19M), South Africa ($5.02M), France ($3.93M), Sweden ($3.74M), and Netherlands ($3.69M).

The fastest growing export markets for Other Fermented Beverages of Belgium between 2021 and 2022 were South Africa ($2.67M), Australia ($2.11M), and Canada ($1.53M).

Imports In 2022, Belgium imported $15.7M in Other Fermented Beverages, becoming the 24th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 873rd most imported product in Belgium. Belgium imports Other Fermented Beverages primarily from: Germany ($4M), Netherlands ($2.9M), France ($2.67M), Australia ($1.48M), and Denmark ($1.16M).

The fastest growing import markets in Other Fermented Beverages for Belgium between 2021 and 2022 were Germany ($2.04M), Australia ($125k), and Poland ($120k).

COMPANIES In 2023, leading companies such as Pernod Ricard (2) were at the forefront of shipping Other Fermented Beverages from Belgium to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-4.1M(-92.9%)
IMPORT GROWTH (May 2023 - May 2024)€-731k(-72.5%)
MAIN DESTINATION (May 2024)Canada€171k

This section shows Other Fermented Beverages'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 Other Fermented Beverages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$47.5M
IMPORTS (2022)$15.7M
NET TRADE (2022)$31.8M

In 2022, Belgium exported $47.5M in Other Fermented Beverages. The main destinations of Belgium exports on Other Fermented Beverages were Spain ($5.19M), South Africa ($5.02M), France ($3.93M), Sweden ($3.74M), and Netherlands ($3.69M).

In 2022, Belgium imported $15.7M in Other Fermented Beverages, mainly from Germany ($4M), Netherlands ($2.9M), France ($2.67M), Australia ($1.48M), and Denmark ($1.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
South Africa$2.67M (114%)
Australia$2.11M (26.8k%)
Canada$1.53M (189%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Belgium WERE (2021 - 2022):
United Kingdom-$2.63M (-47.6%)
Colombia-$2.25M (-84.3%)
Spain-$1.32M (-20.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.09M
TOP IMPORT POTENTIALGermany+ $1.12M

Other Fermented Beverages’s highest export potential is Germany. With an export gap of $2.09M.   Other Fermented Beverages’s highest import potential is Germany with an import gap of $1.12M.

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