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T13 · Trade opportunity evidence

United States (USA) to Belgium (BEL) vegetable oils: low erucic acid rape or colza oil and its fractions, crude (HS6 151411)

A country-to-country view of reported vegetable oils: low erucic acid rape or colza oil and its fractions, crude trade, combining buyer demand, exporter position, market structure, access conditions, and observed lane history.

Exporter United States (USA)Importer Belgium (BEL)HS6 151411Coverage 2017-2024Declining
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3-year buyer projection

$344.8MCalculated from reported demand

Exporter growth

-56.1%Full available history

Suppliers in market

17Latest reported count

Observed history

8 yearsLast year: 2024

Reported observations

What this vegetable oils: low erucic acid rape or colza oil and its fractions, crude lane shows for HS 151411

Core values for United States (USA) → Belgium (BEL) in HS 151411.

Buyer market

Latest imports$248.0M
Five-year projection$429.6M
Buyer CAGR+11.6%
Latest annual change-22.5%

Exporter position

Latest exports$72.2
Market share0%
Share change-0 pp
Best observed share76.5%

Market structure

Reported suppliers17
Concentration index6,078.5
Share gap+76.5 pp
SignalDeclining

Detailed evidence

Complete lane evidence

Reported values, calculated indicators, and country-pair context for this route.

MeasureValueWhat it describes
Buyer imports$248.0MBelgium (BEL)'s latest reported imports
Exporter exports$72.2United States (USA)'s exports to Belgium (BEL)
Exporter market share0%Exporter share of the reported buyer market
Buyer five-year CAGR+11.6%Annualized change in buyer imports
Exporter full-history CAGR-56.1%Annualized change in exporter exports
Three-year buyer projection$344.8MCalculated projection from reported demand
Five-year buyer projection$429.6MCalculated projection from reported demand
Average buyer imports$173.9MAverage reported importer value
Peak buyer imports$502.1MHighest reported importer value
Average exporter exports$406.0KAverage reported lane exports
Peak exporter exports$3.2MHighest reported lane exports
Share change-0 ppLatest one-year change in exporter share
Reported suppliers17Supplier countries observed in the latest period
Buyer GDP$599.9BLatest buyer-country GDP estimate
Buyer GDP per person$51.8KLatest buyer-country GDP per person
Buyer population11,587.9 thousandLatest buyer-country population estimate
Buyer investment rate23.7%Reported buyer-country investment rate
Buyer secondary education92.2%Reported secondary education coverage
Distance5,892 kmApproximate country-pair distance
Business entry time5 daysReported days to start a business
Shared legal systemNoCountry-pair institutional relationship
Reported FTANoReported trade-agreement indicator
WTO memberYesBuyer-country WTO membership indicator
Lane volatility2.6Variation indicator across observed lane values
Maximum drawdown100%Largest observed decline from a prior peak
Observed history8 yearsCoverage through 2024

Research reading

Vegetable oils: low erucic acid rape or colza oil and its fractions, crude demand and the United States (USA) to Belgium (BEL) lane

Belgium (BEL) reported $248.0M of vegetable oils: low erucic acid rape or colza oil and its fractions, crude imports in 2024. United States (USA) accounted for 0% of the observed market and reported $72.2 in exports on this lane.

The latest annual values eased slightly, while the longer available history shows +11.6% buyer growth and -56.1% exporter growth. The page separates reported values from projections and indicators.

Product classification

What does HS 151411 include?

HS 151411 covers Vegetable oils: low erucic acid rape or colza oil and its fractions, crude. This page studies the six-digit Harmonized System classification rather than a company, brand, retail category, or individual shipment.

The classification sits in HS chapter 15 and heading 1514. The recorded trade type is not reported, with a not reported classification in the available product reference data.

How to interpret this page

Compare demand, position, and history together

This HS 151411 trade opportunity page brings together the buyer market in Belgium (BEL), the exporter position of United States (USA), and the observed conditions of their trade lane. A large buyer market does not by itself show that every exporter has equal access, and a positive growth rate does not remove the need to examine volatility and historical coverage.

Use the reported imports and exports to understand scale, market share to understand position, projections to understand the calculated forward view, and lane history to understand how much evidence supports the comparison.

Frequently asked questions

Questions about United States (USA) to Belgium (BEL) vegetable oils: low erucic acid rape or colza oil and its fractions, crude trade

What is the HS code for this product?

This page covers HS 151411, the six-digit product classification shown in the trade records.

How large is the Belgium (BEL) market?

The page reports the latest buyer imports, historical averages, peaks, growth, and calculated projections for vegetable oils: low erucic acid rape or colza oil and its fractions, crude.

How strong is United States (USA) in this market?

Exporter performance is shown through lane exports, market share, share change, growth, and the number of reported suppliers.

What should be checked before entering this market?

Review market scale, competition, access indicators, volatility, drawdown, and the available history together rather than relying on one signal.

Continue your researchHS 151411 product overviewExplore this product in the workspaceMethodology and definitions

Definitions and coverage

How to read this page

Reported values

Trade values describe reported merchandise trade for the stated HS6 classification. They are not company-level sales or shipment records.

Calculated indicators

Growth, projections, concentration, volatility, and share-gap figures are calculated from the reported observations and should be interpreted with their coverage period.

Coverage

This sample covers 8 observed years through 2024. Missing values are shown as not reported rather than estimated.

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Compare this product across markets and routes

Use the trade data and methodology pages to study other exporters, importers, and HS6 products.