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2022
Exports $152MWorld Rnk 8 / 104
Flag Rnk 359 / 1213
2022
Destination $18.1M Netherlands
2021 - 2022
FASTEST GROWING MARKET $18.1MNetherlands
2022
PRODUCT COMPLEXITY IN Starch Residue-0.09Rnk 577 / 1025
2022
Imports $154MWorld Rnk 16 / 148
Flag Rnk 411 / 1214
2022
Origin $23.5M France
2021 - 2022
FASTEST GROWING ORIGIN $23.5MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $152M in Starch Residue, making it the 8th largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 359th most exported product in Belgium. The main destination of Starch Residue exports from Belgium are: Netherlands ($68M), France ($50.5M), United Kingdom ($12.9M), Germany ($8.13M), and Spain ($1.8M).

The fastest growing export markets for Starch Residue of Belgium between 2021 and 2022 were Netherlands ($18.1M), United Kingdom ($6.72M), and Germany ($1.41M).

Imports In 2022, Belgium imported $154M in Starch Residue, becoming the 16th largest importer of Starch Residue in the world. At the same year, Starch Residue was the 411th most imported product in Belgium. Belgium imports Starch Residue primarily from: France ($94.5M), Netherlands ($47M), Germany ($5.9M), Russia ($1.42M), and Lithuania ($1.17M).

The fastest growing import markets in Starch Residue for Belgium between 2021 and 2022 were France ($23.5M), Netherlands ($11.3M), and Lithuania ($1.17M).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Starch Residue exports accounted up to €247k and imports accounted up to €590k, resulting in a negative trade balance of €343k. Between May 2023 and May 2024 the exports of Belgium's   Starch Residue have decreased by €-6.73M (-96.5%) from €6.97M to €247k, while imports decreased by €-7.46M (-92.7%) from €8.05M to €590k.

Destinations In May 2024, Starch Residue were exported mostly to Germany (€169k), Brazil (€43.7k), Bulgaria (€32.3k), and Switzerland (€1.79k), and were imported mostly from Germany (€554k), China (€18.4k), Austria (€17.9k), and Switzerland (€11).

Growth In May 2024, the decrease in Starch Residue's year-by-year exports was explained primarily by a decrease in exports to United States (€-24.2k or -69.4%). In May 2024, the decrease in Starch Residue's year-by-year imports was explained primarily by a decrease in imports from Austria (€-89.2k or -69.5%) and United Kingdom (€-11.4k or -86.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-6.73M(-96.5%)
IMPORT GROWTH (May 2023 - May 2024)€-7.46M(-92.7%)
MAIN DESTINATION (May 2024)Germany€169k

This section shows Starch Residue'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 Starch Residue over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$152M
IMPORTS (2022)$154M
NET TRADE (2022)-$2.02M

In 2022, Belgium exported $152M in Starch Residue. The main destinations of Belgium exports on Starch Residue were Netherlands ($68M), France ($50.5M), United Kingdom ($12.9M), Germany ($8.13M), and Spain ($1.8M).

In 2022, Belgium imported $154M in Starch Residue, mainly from France ($94.5M), Netherlands ($47M), Germany ($5.9M), Russia ($1.42M), and Lithuania ($1.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$18.1M (36.4%)
United Kingdom$6.72M (109%)
Germany$1.41M (21%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY Belgium WERE (2021 - 2022):
Ireland-$2.76M (-91.8%)
Sweden-$745k (-99.9%)
United States-$445k (-44%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Starch Residue were:
United States $4.14B
China $592M
Russia $277M
In 2022, Belgium's main importing competitors in Starch Residue were:
South Korea $719M
Mexico $627M
Vietnam $544M

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Trade Value of Starch Residue by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.49M
TOP IMPORT POTENTIALGermany+ $4.67M

Starch Residue’s highest export potential is Germany. With an export gap of $6.49M.   Starch Residue’s highest import potential is Germany with an import gap of $4.67M.

See methodology.

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