Preparations of cereals, flour, starch or milk in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $4.18B in Preparations of cereals, flour, starch or milk, making it the 7th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 19th most exported product in Belgium. The main destination of Preparations of cereals, flour, starch or milk exports from Belgium are: Netherlands ($850M), France ($820M), Germany ($458M), United Kingdom ($394M), and Italy ($164M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Belgium between 2021 and 2022 were France ($82.8M), United Kingdom ($54.8M), and Netherlands ($47M).

Imports In 2022, Belgium imported $2.45B in Preparations of cereals, flour, starch or milk, becoming the 8th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 35th most imported product in Belgium. Belgium imports Preparations of cereals, flour, starch or milk primarily from: Netherlands ($633M), France ($627M), Germany ($365M), Italy ($219M), and Poland ($122M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Belgium between 2021 and 2022 were Poland ($26.3M), Netherlands ($25.9M), and France ($22.6M).

COMPANIES In 2023, leading companies such as Costco Wholesale (36), IKEA Group (23), and BJ's Wholesale Club (7) were at the forefront of shipping Preparations of cereals, flour, starch or milk from Belgium to the United States.

Latest Trends

July 2024

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Overview In July 2024 Belgium's Preparations of cereals, flour, starch or milk exports accounted up to €376M and imports accounted up to €193M, resulting in a positive trade balance of €183M. Between July 2023 and July 2024 the exports of Belgium's Preparations of cereals, flour, starch or milk have increased by €34.4M (10.1%) from €342M to €376M, while imports increased by €29.9M (18.3%) from €163M to €193M.

Destinations In July 2024, Preparations of cereals, flour, starch or milk were exported mostly to Netherlands (€77M), France (€67.9M), Germany (€44.7M), United Kingdom (€41.8M), and United States (€18.4M), and were imported mostly from Netherlands (€58.4M), France (€44.9M), Germany (€26.1M), Italy (€15.5M), and Poland (€8.9M).

Growth In July 2024, the increase in Preparations of cereals, flour, starch or milk's year-by-year exports was explained primarily by an increase in exports to France (€17.8M or 35.6%), Netherlands (€17.7M or 31.3%), and Germany (€15.6M or 59.1%). In July 2024, the increase in Preparations of cereals, flour, starch or milk's year-by-year imports was explained primarily by an increase in imports from Netherlands (€15.6M or 44.1%), France (€11.3M or 34.7%), and Germany (€7.21M or 36.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)€34.4M(10.1%)

IMPORT GROWTH (July 2023 - July 2024)€29.9M(18.3%)

MAIN DESTINATION (July 2024)Netherlands€77M

This section shows Preparations of cereals, flour, starch or milk'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 Preparations of cereals, flour, starch or milk over time.

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