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2018
Exports $260MWorld Rnk 2 / 79
Flag Rnk 249 / 1213
2018
Destination $29.7M India
2021 - 2022
FASTEST GROWING MARKET $29.7MIndia
2022
PRODUCT COMPLEXITY IN Flax Fibers0.46Rnk 377 / 1025
2018
Imports $171MWorld Rnk 2 / 168
Flag Rnk 387 / 1214
2018
Origin $33.1M France
2021 - 2022
FASTEST GROWING ORIGIN $33.1MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2018, Belgium exported $260M in Flax Fibers, making it the 2nd largest exporter of Flax Fibers in the world. At the same year, Flax Fibers was the 249th most exported product in Belgium. The main destination of Flax Fibers exports from Belgium are: India ($87.1M), China ($76.8M), France ($28.9M), Netherlands ($16.7M), and Turkey ($8.97M).

The fastest growing export markets for Flax Fibers of Belgium between 2021 and 2022 were India ($29.7M), Italy ($1.36M), and Hong Kong ($1.21M).

Imports In 2022, Belgium imported $171M in Flax Fibers, becoming the 2nd largest importer of Flax Fibers in the world. At the same year, Flax Fibers was the 387th most imported product in Belgium. Belgium imports Flax Fibers primarily from: France ($155M), Netherlands ($6.39M), Egypt ($1.95M), Poland ($1.53M), and India ($1.52M).

The fastest growing import markets in Flax Fibers for Belgium between 2021 and 2022 were France ($33.1M), Netherlands ($1.11M), and Latvia ($267k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Flax Fibers exports accounted up to €30M and imports accounted up to €88.3k, resulting in a positive trade balance of €29.9M. Between May 2023 and May 2024 the exports of Belgium's   Flax Fibers have decreased by €-6.99M (-18.9%) from €36.9M to €30M, while imports decreased by €-17.4M (-99.5%) from €17.4M to €88.3k.

Destinations In May 2024, Flax Fibers were exported mostly to China (€28.5M), Bangladesh (€1.28M), Czechia (€89.3k), Switzerland (€31.5k), and Bulgaria (€30.4k), and were imported mostly from Belarus (€50.2k), China (€32.1k), and Austria (€6.06k).

Growth In May 2024, the decrease in Flax Fibers's year-by-year exports was explained primarily by a decrease in exports to China (€-1.38M or -9.47%), Netherlands (€-108k or -6.81%), and Czechia (€-98.6k or -56.3%). In May 2024, the decrease in Flax Fibers's year-by-year imports was explained primarily by a decrease in imports from India (€-155k or -62.2%), Belarus (€-94.6k or -52.3%), and Tunisia (€-37.6k or -74.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-6.99M(-18.9%)
IMPORT GROWTH (May 2023 - May 2024)€-17.4M(-99.5%)
MAIN DESTINATION (May 2024)China€28.5M

This section shows Flax Fibers'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 Flax Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$260M
IMPORTS (2022)$171M
NET TRADE (2022)$89.9M

In 2022, Belgium exported $260M in Flax Fibers. The main destinations of Belgium exports on Flax Fibers were India ($87.1M), China ($76.8M), France ($28.9M), Netherlands ($16.7M), and Turkey ($8.97M).

In 2022, Belgium imported $171M in Flax Fibers, mainly from France ($155M), Netherlands ($6.39M), Egypt ($1.95M), Poland ($1.53M), and India ($1.52M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Fibers EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
India$29.7M (51.7%)
Italy$1.36M (52.5%)
Hong Kong$1.21M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Fibers BY Belgium WERE (2021 - 2022):
China-$39.4M (-33.9%)
France-$12.3M (-29.8%)
United States-$6.66M (-66.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Flax Fibers were:
France $660M
Italy $65.5M
In 2022, Belgium's main importing competitors in Flax Fibers were:
China $514M
India $124M

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Trade Value of Flax Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.94M
TOP IMPORT POTENTIALEgypt+ $551k

Flax Fibers’s highest export potential is Germany. With an export gap of $1.94M.   Flax Fibers’s highest import potential is Egypt with an import gap of $551k.

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