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2022
Exports $367MWorld Rnk 5 / 152
Flag Rnk 185 / 1213
2022
Destination $16.4M France
2021 - 2022
FASTEST GROWING MARKET $16.4MFrance
2022
PRODUCT COMPLEXITY IN Starches-0.6Rnk 726 / 1025
2022
Imports $82.1MWorld Rnk 19 / 216
Flag Rnk 562 / 1214
2022
Origin $1.07M France
2021 - 2022
FASTEST GROWING ORIGIN $1.07MItaly
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $367M in Starches, making it the 5th largest exporter of Starches in the world. At the same year, Starches was the 185th most exported product in Belgium. The main destination of Starches exports from Belgium are: France ($51.8M), Germany ($51.1M), United States ($43.1M), Netherlands ($32.1M), and United Kingdom ($21.5M).

The fastest growing export markets for Starches of Belgium between 2021 and 2022 were France ($16.4M), Germany ($5.35M), and Poland ($5.14M).

Imports In 2022, Belgium imported $82.1M in Starches, becoming the 19th largest importer of Starches in the world. At the same year, Starches was the 562nd most imported product in Belgium. Belgium imports Starches primarily from: France ($32.6M), Germany ($17.4M), Netherlands ($17.1M), Thailand ($3.71M), and Italy ($1.9M).

The fastest growing import markets in Starches for Belgium between 2021 and 2022 were Italy ($1.07M), Poland ($1.02M), and Sweden ($706k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Starches exports accounted up to €3.06M and imports accounted up to €675k, resulting in a positive trade balance of €2.39M. Between May 2023 and May 2024 the exports of Belgium's   Starches have decreased by €-13.4M (-81.3%) from €16.4M to €3.06M, while imports decreased by €-7.09M (-91.3%) from €7.76M to €675k.

Destinations In May 2024, Starches were exported mostly to Germany (€1.03M), China (€491k), Austria (€450k), Australia (€380k), and Canada (€270k), and were imported mostly from Germany (€642k), Austria (€26.3k), Cameroon (€3.81k), Democratic Republic of the Congo (€2.37k), and Chile (€396).

Growth In May 2024, the decrease in Starches's year-by-year exports was explained primarily by a decrease in exports to Indonesia (€-1.23M or -67.3%), United States (€-846k or -24%), and China (€-286k or -34.2%). In May 2024, the decrease in Starches's year-by-year imports was explained primarily by a decrease in imports from France (€-1.99M or -46.1%), Ghana (€-1.25k or -96.8%), and Togo (€-377 or -99.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-13.4M(-81.3%)
IMPORT GROWTH (May 2023 - May 2024)€-7.09M(-91.3%)
MAIN DESTINATION (May 2024)Germany€1.03M

This section shows Starches'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 Starches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$367M
IMPORTS (2022)$82.1M
NET TRADE (2022)$285M

In 2022, Belgium exported $367M in Starches. The main destinations of Belgium exports on Starches were France ($51.8M), Germany ($51.1M), United States ($43.1M), Netherlands ($32.1M), and United Kingdom ($21.5M).

In 2022, Belgium imported $82.1M in Starches, mainly from France ($32.6M), Germany ($17.4M), Netherlands ($17.1M), Thailand ($3.71M), and Italy ($1.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Starches EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$16.4M (46.1%)
Germany$5.35M (11.7%)
Poland$5.14M (36.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starches BY Belgium WERE (2021 - 2022):
Netherlands-$8.74M (-21.4%)
Indonesia-$3.99M (-31.5%)
Russia-$3.27M (-65.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Starches were:
Thailand $1.84B
Vietnam $1.15B
Germany $469M
In 2022, Belgium's main importing competitors in Starches were:
China $2.35B
United States $462M
Germany $367M

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Trade Value of Starches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $17.9M
TOP IMPORT POTENTIALGermany+ $6.68M

Starches’s highest export potential is Germany. With an export gap of $17.9M.   Starches’s highest import potential is Germany with an import gap of $6.68M.

See methodology.

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