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2022
Exports $844MWorld Rnk 3 / 180
Flag Rnk 91 / 1213
2022
Destination $2.47M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $2.47MCzechia
2022
PRODUCT COMPLEXITY IN Tufted Carpets0.096Rnk 524 / 1025
2022
Imports $123MWorld Rnk 13 / 215
Flag Rnk 458 / 1214
2022
Origin $867k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $867kFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $844M in Tufted Carpets, making it the 3rd largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 91st most exported product in Belgium. The main destination of Tufted Carpets exports from Belgium are: United Kingdom ($233M), Netherlands ($123M), Germany ($119M), France ($68M), and Poland ($36.9M).

The fastest growing export markets for Tufted Carpets of Belgium between 2021 and 2022 were Czechia ($2.47M), Sweden ($2.41M), and Morocco ($1.38M).

Imports In 2022, Belgium imported $123M in Tufted Carpets, becoming the 13th largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 458th most imported product in Belgium. Belgium imports Tufted Carpets primarily from: Netherlands ($38.1M), United Kingdom ($25M), France ($9.2M), China ($8.08M), and Turkey ($8.02M).

The fastest growing import markets in Tufted Carpets for Belgium between 2021 and 2022 were France ($867k), Egypt ($112k), and Denmark ($105k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Tufted Carpets exports accounted up to €4.68M and imports accounted up to €1.05M, resulting in a positive trade balance of €3.64M. Between May 2023 and May 2024 the exports of Belgium's   Tufted Carpets have decreased by €-44.6M (-90.5%) from €49.3M to €4.68M, while imports decreased by €-5.17M (-83.2%) from €6.22M to €1.05M.

Destinations In May 2024, Tufted Carpets were exported mostly to Czechia (€1.66M), Switzerland (€813k), Austria (€604k), Australia (€447k), and Bulgaria (€343k), and were imported mostly from Czechia (€562k), China (€451k), United Arab Emirates (€28.6k), Austria (€4.63k), and Canada (€286).

Growth In May 2024, the decrease in Tufted Carpets's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-3.89M or -20.7%), Germany (€-2.32M or -31.5%), and Czechia (€-1.29M or -78.5%). In May 2024, the decrease in Tufted Carpets's year-by-year imports was explained primarily by a decrease in imports from Czechia (€-200k or -96.3%), Spain (€-161k or -93.8%), and Portugal (€-111k or -38.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-44.6M(-90.5%)
IMPORT GROWTH (May 2023 - May 2024)€-5.17M(-83.2%)
MAIN DESTINATION (May 2024)Czechia€1.66M

This section shows Tufted Carpets'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 Tufted Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$844M
IMPORTS (2022)$123M
NET TRADE (2022)$721M

In 2022, Belgium exported $844M in Tufted Carpets. The main destinations of Belgium exports on Tufted Carpets were United Kingdom ($233M), Netherlands ($123M), Germany ($119M), France ($68M), and Poland ($36.9M).

In 2022, Belgium imported $123M in Tufted Carpets, mainly from Netherlands ($38.1M), United Kingdom ($25M), France ($9.2M), China ($8.08M), and Turkey ($8.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Czechia$2.47M (9.4%)
Sweden$2.41M (17.5%)
Morocco$1.38M (16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY Belgium WERE (2021 - 2022):
United Kingdom-$66.5M (-22.2%)
Germany-$18.6M (-13.5%)
France-$8.34M (-10.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Tufted Carpets were:
China $1.51B
Netherlands $933M
In 2022, Belgium's main importing competitors in Tufted Carpets were:
United States $1.05B
United Kingdom $793M
Germany $526M

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $27.6M
TOP IMPORT POTENTIALNetherlands+ $7.22M

Tufted Carpets’s highest export potential is Germany. With an export gap of $27.6M.   Tufted Carpets’s highest import potential is Netherlands with an import gap of $7.22M.

See methodology.

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