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2023
Exports $207MWorld Rnk 9 / 113
Flag Rnk 303 / 1216
2023
Destination $10.3MN/A
2022 - 2023
FASTEST GROWING MARKET $10.3MUnited States
2023
PRODUCT COMPLEXITY IN Peptones0.39Rnk 417 / 1025
2023
Imports $78.8MWorld Rnk 15 / 187
Flag Rnk 515 / 1213
2023
Origin $25.4M France
2022 - 2023
FASTEST GROWING ORIGIN $25.4MFrance
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

The fastest growing export markets for Peptones of Belgium between 2022 and 2023 were United States ($10.3M), Spain ($4.86M), and Netherlands ($4.25M).

Imports In 2023, Belgium imported $78.8M in Peptones, becoming the 15th largest importer of Peptones in the world. At the same year, Peptones was the 515th most imported product in Belgium. Belgium imports Peptones primarily from: France ($43M), United States ($9.06M), Netherlands ($6.96M), Italy ($6.21M), and Germany ($4.91M).

The fastest growing import markets in Peptones for Belgium between 2022 and 2023 were France ($25.4M), Italy ($4.41M), and Germany ($2.41M).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Peptones exports accounted up to €9.83M and imports accounted up to €4.42M, resulting in a positive trade balance of €5.41M. Between November 2023 and November 2024 the exports of Belgium's   Peptones have increased by €1.23M (14.4%) from €8.59M to €9.83M, while imports increased by €1.5M (51.3%) from €2.92M to €4.42M.

Destinations In November 2024, Peptones were exported mostly to United States (€1.88M), Netherlands (€1.87M), Czechia (€1.16M), Spain (€989k), and United Kingdom (€731k), and were imported mostly from Netherlands (€1.48M), France (€1.18M), Germany (€868k), Ireland (€264k), and China (€171k).

Growth In November 2024, the increase in Peptones's year-by-year exports was explained primarily by an increase in exports to Spain (€792k or 180%), Canada (€337k or 203%), and Poland (€313k or 125%). In November 2024, the increase in Peptones's year-by-year imports was explained primarily by an increase in imports from Germany (€392k or 445%), Poland (€131k or 891%), and China (€107k or 210%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€1.23M(14.4%)
IMPORT GROWTH (November 2023 - November 2024)€1.5M(51.3%)
MAIN DESTINATION (November 2024)United States€1.88M

This section shows Peptones'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 Peptones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$207M
IMPORTS (2023)$78.8M
NET TRADE (2023)$128M

In 2023, Belgium imported $78.8M in Peptones, mainly from France ($43M), United States ($9.06M), Netherlands ($6.96M), Italy ($6.21M), and Germany ($4.91M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peptones EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
United States$10.3M (48.7%)
Spain$4.86M (55.7%)
Netherlands$4.25M (5.53%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peptones BY Belgium WERE (2022 - 2023):
France-$5.43M (-41.9%)
Germany-$2.76M (-18%)
Denmark-$1.98M (-77.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Peptones were:
China $891M
United States $636M
France $376M
In 2023, Belgium's main importing competitors in Peptones were:
United States $837M
Netherlands $551M
Germany $433M

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Trade Value of Peptones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.4M
TOP IMPORT POTENTIALFrance+ $4.92M

Peptones’s highest export potential is Germany. With an export gap of $11.4M.   Peptones’s highest import potential is France with an import gap of $4.92M.

See methodology.

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