Belgium: Dairy trade surplus amounts to more than 300 million euros

Published 2024년 8월 5일

Tridge summary

Dairy products are the most valued agricultural imports and exports in Flanders, with a trade surplus of over 300 million euros. The majority of these dairy products are exported to neighboring countries including the Netherlands, Germany, France, the United Kingdom, and Italy, with China and Algeria also showing a strong interest. Cheese is the leading product in both imports and exports. There has been a steady growth in the dairy trade, with exports increasing by 60% since 2018 and imports and exports reaching 1.8 million tons and 2.3 million tons respectively by 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With an import value of 3.7 billion euros and an export value of 4.0 billion euros, dairy products have the highest import and export value in Flanders within the total agricultural trade. The trade surplus amounts to more than 300 million euros. This is established by the Flemish agro-trade report. Condensed milk, yoghurt, dairy preparations, cream, milk drinks, milk powder, ice cream and whole and skimmed milk in particular contribute to the positive balance. In cheese, butter and whey, on the other hand, there is a trade deficit. Two-thirds of Flemish dairy goes to neighboring countries Two-thirds of dairy product exports go to five countries, the report shows. These are the Netherlands (938 million euros), Germany (615 million euros), France (519 million euros), the United Kingdom (398 million euros) and Italy (229 million euros). Outside Europe, interest is greatest in China and Algeria. These are important buyers of cream and milk powder. The Netherlands is the largest ...
Source: Veeteelt

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