Kola Nut Exports from Belgium Seen Doubling

Other Tree And Bush Fruits And Nuts August 26, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

Belgium was one of the leaders in the global kola nut trade. In 2014, Belgium exported 38 tonnes of kola nuts totaling 193 thousand USD, doubling its previous year's numbers. Its primary trading partner was France, where it supplied 91% of its total kola nut exports in value terms, accounting for 31% of France's total imports.

From 2012 to 2014, Belgium was a net importer of kola nuts. Over this period, imports consistently exceeded exports in value terms. However, in physical terms, the difference was less pronounced.

Jamaica and the Netherlands were among the other main global suppliers of kola nuts in 2014. However, the fastest growing exporters from 2012 to 2014 were France (+125% per year) and Germany (+46% per year). France, by virtue of this meteoric growth, significantly strengthened its position in the global export structure.

In 2014, Belgium had only 5 trading partners: France, Luxembourg, Lebanon, the Netherlands and Germany. The share of France increased modestly (+2 percentage points), while the share of Luxembourg illustrated negative dynamics (-2 percentage points).

Source: World: Kola Nuts - Market Report. Analysis And Forecast To 2020