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2022
Exports $32.6MWorld Rnk 1 / 102
Flag Rnk 639 / 1213
2022
Destination $940k Germany
2021 - 2022
FASTEST GROWING MARKET $940kUnited States
2022
Imports $12.8MWorld Rnk 8 / 140
Flag Rnk 911 / 1214
2022
Origin $919k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $919kMorocco
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $32.6M in Artificial Fibers Waste, making it the 1st largest exporter of Artificial Fibers Waste in the world. At the same year, Artificial Fibers Waste was the 639th most exported product in Belgium. The main destination of Artificial Fibers Waste exports from Belgium are: Germany ($10.3M), Italy ($5.58M), France ($4.75M), Netherlands ($2.89M), and United States ($2.51M).

The fastest growing export markets for Artificial Fibers Waste of Belgium between 2021 and 2022 were United States ($940k), Italy ($592k), and Mexico ($506k).

Imports In 2022, Belgium imported $12.8M in Artificial Fibers Waste, becoming the 8th largest importer of Artificial Fibers Waste in the world. At the same year, Artificial Fibers Waste was the 911th most imported product in Belgium. Belgium imports Artificial Fibers Waste primarily from: Turkey ($5.35M), Germany ($2.27M), United Kingdom ($1.32M), Netherlands ($1.17M), and Morocco ($1.03M).

The fastest growing import markets in Artificial Fibers Waste for Belgium between 2021 and 2022 were Morocco ($919k), Germany ($532k), and United Kingdom ($402k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Artificial Fibers Waste exports accounted up to €605 and imports accounted up to €94.6k, resulting in a negative trade balance of €94k. Between May 2023 and May 2024 the exports of Belgium's   Artificial Fibers Waste have decreased by €-2.48M (-100%) from €2.48M to €605, while imports decreased by €-1.22M (-92.8%) from €1.32M to €94.6k.

Destinations In May 2024, Artificial Fibers Waste were exported mostly to Switzerland (€605), and were imported mostly from Canada (€74.7k), United Arab Emirates (€19.8k), and China (€44).

Growth In May 2024, the decrease in Artificial Fibers Waste's year-by-year exports was explained primarily by a decrease in exports to Germany (€-396k or -37.9%), United States (€-85.6k or -59%), and Poland (€-33.4k or -35.3%). In May 2024, the decrease in Artificial Fibers Waste's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-6.85k or -11.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-2.48M(-100%)
IMPORT GROWTH (May 2023 - May 2024)€-1.22M(-92.8%)
MAIN DESTINATION (May 2024)Switzerland€605

This section shows Artificial Fibers Waste'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 Artificial Fibers Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.6M
IMPORTS (2022)$12.8M
NET TRADE (2022)$19.7M

In 2022, Belgium exported $32.6M in Artificial Fibers Waste. The main destinations of Belgium exports on Artificial Fibers Waste were Germany ($10.3M), Italy ($5.58M), France ($4.75M), Netherlands ($2.89M), and United States ($2.51M).

In 2022, Belgium imported $12.8M in Artificial Fibers Waste, mainly from Turkey ($5.35M), Germany ($2.27M), United Kingdom ($1.32M), Netherlands ($1.17M), and Morocco ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Fibers Waste EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United States$940k (59.9%)
Italy$592k (11.9%)
Mexico$506k (1.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Fibers Waste BY Belgium WERE (2021 - 2022):
Denmark-$1.31M (-66.5%)
Germany-$804k (-7.23%)
Turkey-$252k (-51.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Artificial Fibers Waste were:
United States $31.6M
Netherlands $17.2M
In 2022, Belgium's main importing competitors in Artificial Fibers Waste were:
Italy $33.2M
Germany $31.6M
Netherlands $25.8M

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Trade Value of Artificial Fibers Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $742k
TOP IMPORT POTENTIALGermany+ $272k

Artificial Fibers Waste’s highest export potential is Netherlands. With an export gap of $742k.   Artificial Fibers Waste’s highest import potential is Germany with an import gap of $272k.

See methodology.

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