Vegetable textile fibers, paper yarn & fabrics in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $371M in Vegetable textile fibers, paper yarn & fabrics, making it the 5th largest exporter of Vegetable textile fibers, paper yarn & fabrics in the world. At the same year, Vegetable textile fibers, paper yarn & fabrics was the 69th most exported product in Belgium. The main destination of Vegetable textile fibers, paper yarn & fabrics exports from Belgium are: India ($87.3M), China ($82M), France ($41.3M), United States ($35.2M), and Netherlands ($25.4M).

The fastest growing export markets for Vegetable textile fibers, paper yarn & fabrics of Belgium between 2021 and 2022 were India ($29.7M), Germany ($1.21M), and Bangladesh ($1.17M).

Imports In 2022, Belgium imported $261M in Vegetable textile fibers, paper yarn & fabrics, becoming the 7th largest importer of Vegetable textile fibers, paper yarn & fabrics in the world. At the same year, Vegetable textile fibers, paper yarn & fabrics was the 74th most imported product in Belgium. Belgium imports Vegetable textile fibers, paper yarn & fabrics primarily from: France ($165M), Poland ($17.5M), Italy ($15.4M), India ($14.7M), and China ($10.2M).

The fastest growing import markets in Vegetable textile fibers, paper yarn & fabrics for Belgium between 2021 and 2022 were France ($34.5M), Russia ($2.81M), and Poland ($2.03M).

Latest Trends

May 2024

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Overview In May 2024 Belgium's Vegetable textile fibers, paper yarn & fabrics exports accounted up to €30.7M and imports accounted up to €1.05M, resulting in a positive trade balance of €29.7M. Between May 2023 and May 2024 the exports of Belgium's Vegetable textile fibers, paper yarn & fabrics have decreased by €-14.2M (-31.6%) from €44.9M to €30.7M, while imports decreased by €-21.7M (-95.4%) from €22.8M to €1.05M.

Destinations In May 2024, Vegetable textile fibers, paper yarn & fabrics were exported mostly to China (€28.9M), Bangladesh (€1.3M), Czechia (€176k), Switzerland (€73.9k), and Bulgaria (€73.6k), and were imported mostly from China (€576k), Bangladesh (€419k), Belarus (€50.2k), and Austria (€6.06k).

Growth In May 2024, the decrease in Vegetable textile fibers, paper yarn & fabrics's year-by-year exports was explained primarily by a decrease in exports to China (€-1.07M or -7.16%), Hong Kong (€-1M or -100%), and Netherlands (€-341k or -12.7%). In May 2024, the decrease in Vegetable textile fibers, paper yarn & fabrics's year-by-year imports was explained primarily by a decrease in imports from India (€-809k or -61.2%), Russia (€-541k or -74.5%), and Sri Lanka (€-169k or -74.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - May 2024)€-14.2M(-31.6%)

IMPORT GROWTH (May 2023 - May 2024)€-21.7M(-95.4%)

MAIN DESTINATION (May 2024)China€28.9M

This section shows Vegetable textile fibers, paper yarn & fabrics'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 Vegetable textile fibers, paper yarn & fabrics over time.

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