2023
Exports
$19.4MWorld Rnk 46 / 177
Flag Rnk 762 / 1216
2023
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.38Rnk 1016 / 1025
2023
Imports
$44.5MWorld Rnk 33 / 213
Flag Rnk 639 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $19.4M in Other Oily Seeds, making it the 46th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 762nd most exported product in Belgium. The main destination of Other Oily Seeds exports from Belgium are: France ($13.1M), Netherlands ($2.98M), Romania ($568k), United Kingdom ($563k), and Germany ($460k).

The fastest growing export markets for Other Oily Seeds of Belgium between 2022 and 2023 were France ($8.87M), Romania ($536k), and Portugal ($126k).

Imports In 2023, Belgium imported $44.5M in Other Oily Seeds, becoming the 33rd largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 639th most imported product in Belgium. Belgium imports Other Oily Seeds primarily from: Netherlands ($12.8M), Canada ($12M), Germany ($5.38M), France ($3.65M), and China ($1.86M).

The fastest growing import markets in Other Oily Seeds for Belgium between 2022 and 2023 were Canada ($7.05M), China ($1.16M), and Germany ($1.11M).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€59.5k(16.7%)
IMPORT GROWTH (October 2023 - October 2024)€122k(5.15%)
MAIN DESTINATION (October 2024)France€154k

This section shows Other Oily Seeds'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 Oily Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$19.4M
IMPORTS (2023)$44.5M
NET TRADE (2023)-$25M

In 2023, Belgium exported $19.4M in Other Oily Seeds. The main destinations of Belgium exports on Other Oily Seeds were France ($13.1M), Netherlands ($2.98M), Romania ($568k), United Kingdom ($563k), and Germany ($460k).

In 2023, Belgium imported $44.5M in Other Oily Seeds, mainly from Netherlands ($12.8M), Canada ($12M), Germany ($5.38M), France ($3.65M), and China ($1.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
France$8.87M (210%)
Romania$536k (1.7k%)
Portugal$126k (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Belgium WERE (2022 - 2023):
Germany-$358k (-43.8%)
Italy-$342k (-96.9%)
Netherlands-$274k (-8.42%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Other Oily Seeds were:
Sudan $709M
India $576M
China $411M
In 2023, Belgium's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.05M
TOP IMPORT POTENTIALGermany+ $2.11M

Other Oily Seeds’s highest export potential is France. With an export gap of $1.05M.   Other Oily Seeds’s highest import potential is Germany with an import gap of $2.11M.

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