Dairy Machinery in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $23M in Dairy Machinery, making it the 16th largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 717th most exported product in Belgium. The main destination of Dairy Machinery exports from Belgium are: France ($5.81M), Germany ($3.02M), Netherlands ($2.11M), United Kingdom ($1.86M), and Denmark ($1.59M).

The fastest growing export markets for Dairy Machinery of Belgium between 2021 and 2022 were Germany ($1.18M), Hungary ($810k), and Indonesia ($556k).

Imports In 2022, Belgium imported $56.2M in Dairy Machinery, becoming the 12th largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 635th most imported product in Belgium. Belgium imports Dairy Machinery primarily from: Denmark ($19.4M), Netherlands ($16.8M), Luxembourg ($4.04M), Germany ($3.61M), and Israel ($3.02M).

The fastest growing import markets in Dairy Machinery for Belgium between 2021 and 2022 were Luxembourg ($1.02M), Israel ($582k), and Sweden ($364k).

COMPANIES In 2023, leading companies such as CNH INDUSTRIAL AMERICA LLC (178), HP INC (1), and ROBERT BOSCH LLC (1) were at the forefront of shipping Dairy Machinery from Belgium to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Belgium's Dairy Machinery exports accounted up to €729k and imports accounted up to €1.78M, resulting in a negative trade balance of €1.05M. Between January 2023 and January 2024 the exports of Belgium's Dairy Machinery have increased by €265k (57.3%) from €463k to €729k, while imports decreased by €-1.61M (-47.6%) from €3.39M to €1.78M.

Destinations In January 2024, Dairy Machinery were exported mostly to Netherlands (€278k), United Kingdom (€192k), Germany (€75.9k), Italy (€48.3k), and France (€37.6k), and were imported mostly from Netherlands (€1.04M), Germany (€389k), Sweden (€124k), India (€73.7k), and Denmark (€64.8k).

Growth In January 2024, the increase in Dairy Machinery's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€83.5k or 376%), Netherlands (€26.2k or 23%), and Germany (€22.1k or 25.1%). In January 2024, the decrease in Dairy Machinery's year-by-year imports was explained primarily by a decrease in imports from Denmark (€-173k or -59.2%), Italy (€-44.9k or -87.3%), and Sweden (€-19.6k or -47.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€265k(57.3%)

IMPORT GROWTH (January 2023 - January 2024)€-1.61M(-47.6%)

MAIN DESTINATION (January 2024)Netherlands€278k

This section shows Dairy Machinery'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 Dairy Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$23M

IMPORTS (2022)$56.2M

NET TRADE (2022)-$33.2M

In 2022, Belgium exported $23M in Dairy Machinery. The main destinations of Belgium exports on Dairy Machinery were France ($5.81M), Germany ($3.02M), Netherlands ($2.11M), United Kingdom ($1.86M), and Denmark ($1.59M).

In 2022, Belgium imported $56.2M in Dairy Machinery, mainly from Denmark ($19.4M), Netherlands ($16.8M), Luxembourg ($4.04M), Germany ($3.61M), and Israel ($3.02M).

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