2022
Exports
$30.3MWorld Rnk 21 / 194
Flag Rnk 655 / 1213
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$48.4MWorld Rnk 18 / 223
Flag Rnk 666 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $30.3M in Spices, making it the 21st largest exporter of Spices in the world. At the same year, Spices was the 655th most exported product in Belgium. The main destination of Spices exports from Belgium are: France ($9.14M), Netherlands ($7.12M), Germany ($3.5M), United Kingdom ($3.03M), and Luxembourg ($1.26M).

The fastest growing export markets for Spices of Belgium between 2021 and 2022 were France ($2.02M), Germany ($290k), and Sweden ($187k).

Imports In 2022, Belgium imported $48.4M in Spices, becoming the 18th largest importer of Spices in the world. At the same year, Spices was the 666th most imported product in Belgium. Belgium imports Spices primarily from: Netherlands ($26.5M), India ($4.49M), Germany ($4.23M), France ($3.4M), and Turkey ($2.13M).

The fastest growing import markets in Spices for Belgium between 2021 and 2022 were India ($1.11M), Iran ($943k), and China ($116k).

COMPANIES In 2023, leading companies such as Mercedes-Benz (3) and Volvo (2) were at the forefront of shipping Spices from Belgium to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-10.2k(-0.6%)
IMPORT GROWTH (June 2023 - June 2024)€-769k(-11.4%)
MAIN DESTINATION (June 2024)Spain€301k

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.3M
IMPORTS (2022)$48.4M
NET TRADE (2022)-$18M

In 2022, Belgium exported $30.3M in Spices. The main destinations of Belgium exports on Spices were France ($9.14M), Netherlands ($7.12M), Germany ($3.5M), United Kingdom ($3.03M), and Luxembourg ($1.26M).

In 2022, Belgium imported $48.4M in Spices, mainly from Netherlands ($26.5M), India ($4.49M), Germany ($4.23M), France ($3.4M), and Turkey ($2.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$2.02M (28.4%)
Germany$290k (9.03%)
Sweden$187k (27.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Belgium WERE (2021 - 2022):
Netherlands-$1.89M (-21%)
Spain-$923k (-71.1%)
United Kingdom-$649k (-17.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.76M
TOP IMPORT POTENTIALGermany+ $2.37M

Spices’s highest export potential is Germany. With an export gap of $2.76M.   Spices’s highest import potential is Germany with an import gap of $2.37M.

See methodology.

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