Flavored Water in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $798M in Flavored Water, making it the 9th largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 98th most exported product in Belgium. The main destination of Flavored Water exports from Belgium are: Netherlands ($217M), United Kingdom ($136M), Luxembourg ($87.7M), France ($80.8M), and Germany ($69.9M).

The fastest growing export markets for Flavored Water of Belgium between 2021 and 2022 were France ($25.1M), Nigeria ($3.28M), and Netherlands ($2.86M).

Imports In 2022, Belgium imported $953M in Flavored Water, becoming the 7th largest importer of Flavored Water in the world. At the same year, Flavored Water was the 93rd most imported product in Belgium. Belgium imports Flavored Water primarily from: Netherlands ($336M), Germany ($147M), France ($137M), Austria ($111M), and Italy ($75.8M).

The fastest growing import markets in Flavored Water for Belgium between 2021 and 2022 were Austria ($53.2M), Netherlands ($47M), and Sweden ($3.8M).

COMPANIES In 2023, leading companies such as DIAGEO PLC (58), HEINEKEN USA INC. (53), and ABB MOTORS AND MECHANICAL INC (1) were at the forefront of shipping Flavored Water from Belgium to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Belgium's Flavored Water exports accounted up to €68.6M and imports accounted up to €57.5M, resulting in a positive trade balance of €11.1M. Between January 2023 and January 2024 the exports of Belgium's Flavored Water have decreased by €-1.77M (-2.52%) from €70.3M to €68.6M, while imports decreased by €-4.32M (-6.99%) from €61.8M to €57.5M.

Destinations In January 2024, Flavored Water were exported mostly to Netherlands (€21.8M), United Kingdom (€11.1M), Luxembourg (€7.05M), France (€6.75M), and Ireland (€6.22M), and were imported mostly from Netherlands (€27.6M), France (€10M), Germany (€7.25M), Austria (€6.34M), and United Kingdom (€1.3M).

Growth In January 2024, the decrease in Flavored Water's year-by-year exports was explained primarily by a decrease in exports to Russia (€-906k or -99.8%), Denmark (€-663k or -49.2%), and Nigeria (€-509k or -90.2%). In January 2024, the decrease in Flavored Water's year-by-year imports was explained primarily by a decrease in imports from Italy (€-1.88M or -56.1%), United Kingdom (€-312k or -42.3%), and Lebanon (€-149k or -97.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-1.77M(-2.52%)

IMPORT GROWTH (January 2023 - January 2024)€-4.32M(-6.99%)

MAIN DESTINATION (January 2024)Netherlands€21.8M

This section shows Flavored Water'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 Flavored Water over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$798M

IMPORTS (2022)$953M

NET TRADE (2022)-$155M

In 2022, Belgium exported $798M in Flavored Water. The main destinations of Belgium exports on Flavored Water were Netherlands ($217M), United Kingdom ($136M), Luxembourg ($87.7M), France ($80.8M), and Germany ($69.9M).

In 2022, Belgium imported $953M in Flavored Water, mainly from Netherlands ($336M), Germany ($147M), France ($137M), Austria ($111M), and Italy ($75.8M).

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