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2022
ExportsfalseWorld Rnk 65 / 173
Flag Rnk 928 / 1213
2021 - 2022
FASTEST GROWING MARKETfalseUnited Kingdom
2022
PRODUCT COMPLEXITY IN Other Oily Seeds-2.33Rnk 1015 / 1025
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $6.54M in Other Oily Seeds, making it the 65th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 928th most exported product in Belgium. The main destination of Other Oily Seeds exports from Belgium are: France ($2.64M), Netherlands ($1.13M), Germany ($496k), United Kingdom ($432k), and Denmark ($290k).

The fastest growing export markets for Other Oily Seeds of Belgium between 2021 and 2022 were United Kingdom ($205k), Hong Kong ($55.5k), and Portugal ($44.7k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Other Oily Seeds exports accounted up to €22.6k and imports accounted up to €699k, resulting in a negative trade balance of €676k. Between May 2023 and May 2024 the exports of Belgium's   Other Oily Seeds have decreased by €-526k (-95.9%) from €549k to €22.6k, while imports decreased by €-2.27M (-76.5%) from €2.97M to €699k.

Destinations In May 2024, Other Oily Seeds were exported mostly to Germany (€14.4k), Canada (€4.02k), Czechia (€1.37k), United Arab Emirates (€872), and Austria (€832), and were imported mostly from Germany (€502k), China (€100k), Canada (€54.5k), Austria (€24.1k), and Chile (€13.5k).

Growth In May 2024, the decrease in Other Oily Seeds's year-by-year exports was explained primarily by a decrease in exports to France (€-35.8k or -28.9%), Germany (€-6.57k or -41.5%), and Luxembourg (€-5.81k or -35.6%). In May 2024, the decrease in Other Oily Seeds's year-by-year imports was explained primarily by a decrease in imports from Russia (€-203k or -84.3%), France (€-44.8k or -23.3%), and Czechia (€-30k or -40.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-526k(-95.9%)
IMPORT GROWTH (May 2023 - May 2024)€-2.27M(-76.5%)
MAIN DESTINATION (May 2024)Germany€14.4k

This section shows Other Oily Seeds'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 Other Oily Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.54M

In 2022, Belgium exported $6.54M in Other Oily Seeds. The main destinations of Belgium exports on Other Oily Seeds were France ($2.64M), Netherlands ($1.13M), Germany ($496k), United Kingdom ($432k), and Denmark ($290k).

In N/A, Belgium imported N/A in Other Oily Seeds, mainly from Canada ($16.1M), Netherlands ($15.1M), Germany ($4.52M), France ($4.48M), and Russia ($2.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United Kingdom$205k (90.8%)
Hong Kong$55.5k (445%)
Portugal$44.7k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Belgium WERE (2021 - 2022):
France-$984k (-27.2%)
Netherlands-$973k (-46.2%)
United States-$350k (-99.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Belgium's main importing competitors in Other Oily Seeds were:
China $1.48B
United States $418M
Turkey $335M

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.05M
TOP IMPORT POTENTIALGermany+ $2.11M

Other Oily Seeds’s highest export potential is France. With an export gap of $1.05M.   Other Oily Seeds’s highest import potential is Germany with an import gap of $2.11M.

See methodology.

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