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2023
Exports $106MWorld Rnk 9 / 159
Flag Rnk 431 / 1216
2023
Destination $29.5M Netherlands
2022 - 2023
FASTEST GROWING MARKET $29.5MNetherlands
2023
PRODUCT COMPLEXITY IN Processed Cereals-0.83Rnk 789 / 1025
2023
Imports $56.7MWorld Rnk 12 / 217
Flag Rnk 581 / 1213
2023
Origin $5.84M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $5.84MHungary
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $106M in Processed Cereals, making it the 9th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 431st most exported product in Belgium. The main destination of Processed Cereals exports from Belgium are: Netherlands ($77.6M), France ($12.3M), Germany ($5.65M), Hungary ($4.32M), and Ghana ($1.64M).

The fastest growing export markets for Processed Cereals of Belgium between 2022 and 2023 were Netherlands ($29.5M), France ($4.36M), and Nigeria ($1.47M).

Imports In 2023, Belgium imported $56.7M in Processed Cereals, becoming the 12th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 581st most imported product in Belgium. Belgium imports Processed Cereals primarily from: Netherlands ($22.4M), France ($11.5M), Hungary ($6.15M), Germany ($6.11M), and Italy ($2.9M).

The fastest growing import markets in Processed Cereals for Belgium between 2022 and 2023 were Hungary ($5.84M), Italy ($1.45M), and United Kingdom ($1.17M).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Processed Cereals exports accounted up to €6.35M and imports accounted up to €3.28M, resulting in a positive trade balance of €3.07M. Between November 2023 and November 2024 the exports of Belgium's   Processed Cereals have increased by €1.65M (35.2%) from €4.7M to €6.35M, while imports decreased by €-34.6k (-1.04%) from €3.32M to €3.28M.

Destinations In November 2024, Processed Cereals were exported mostly to Netherlands (€3.81M), France (€882k), Germany (€837k), China (€516k), and United Kingdom (€66k), and were imported mostly from France (€902k), Netherlands (€859k), Italy (€611k), Germany (€458k), and Hungary (€114k).

Growth In November 2024, the increase in Processed Cereals's year-by-year exports was explained primarily by an increase in exports to Netherlands (€1.43M or 47.6%), France (€673k or 134%), and Germany (€255k or 46.4%). In November 2024, the decrease in Processed Cereals's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-51.7k or -62.3%), Poland (€-25.6k or -29.2%), and Latvia (€-21.3k or -20%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€1.65M(35.2%)
IMPORT GROWTH (November 2023 - November 2024)€-34.6k(-1.04%)
MAIN DESTINATION (November 2024)Netherlands€3.81M

This section shows Processed Cereals'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 Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$106M
IMPORTS (2023)$56.7M
NET TRADE (2023)$49.3M

In 2023, Belgium exported $106M in Processed Cereals. The main destinations of Belgium exports on Processed Cereals were Netherlands ($77.6M), France ($12.3M), Germany ($5.65M), Hungary ($4.32M), and Ghana ($1.64M).

In 2023, Belgium imported $56.7M in Processed Cereals, mainly from Netherlands ($22.4M), France ($11.5M), Hungary ($6.15M), Germany ($6.11M), and Italy ($2.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Netherlands$29.5M (61.3%)
France$4.36M (54.8%)
Nigeria$1.47M (1.15M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Belgium WERE (2022 - 2023):
Germany-$2.95M (-34.3%)
Ghana-$2.25M (-57.9%)
Hungary-$550k (-11.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Processed Cereals were:
Canada $537M
Germany $221M
Chile $153M
In 2023, Belgium's main importing competitors in Processed Cereals were:
United States $513M
Ghana $257M
Netherlands $141M

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.84M
TOP IMPORT POTENTIALGermany+ $3.41M

Processed Cereals’s highest export potential is Germany. With an export gap of $4.84M.   Processed Cereals’s highest import potential is Germany with an import gap of $3.41M.

See methodology.

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