2023
Exports
$275MWorld Rnk 11 / 175
Flag Rnk 245 / 1216
2023
PRODUCT COMPLEXITY IN Bandages
0.86Rnk 224 / 1025
2023
Imports
$193MWorld Rnk 13 / 221
Flag Rnk 330 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $275M in Bandages, making it the 11th largest exporter of Bandages in the world. At the same year, Bandages was the 245th most exported product in Belgium. The main destination of Bandages exports from Belgium are: France ($55.5M), Netherlands ($41.8M), Hungary ($33.7M), Germany ($21.2M), and Sweden ($17.7M).

The fastest growing export markets for Bandages of Belgium between 2022 and 2023 were Netherlands ($13.9M), Hungary ($6.58M), and Italy ($2.07M).

Imports In 2023, Belgium imported $193M in Bandages, becoming the 13th largest importer of Bandages in the world. At the same year, Bandages was the 330th most imported product in Belgium. Belgium imports Bandages primarily from: Germany ($35.4M), Netherlands ($33.5M), Hungary ($31.3M), United States ($21M), and Czechia ($19M).

The fastest growing import markets in Bandages for Belgium between 2022 and 2023 were Hungary ($24.8M), Germany ($2.83M), and Netherlands ($2.41M).

COMPANIES In 2023, leading companies such as Dow Chemical (1) were at the forefront of shipping Bandages from Belgium to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€461k(2.66%)
IMPORT GROWTH (October 2023 - October 2024)€5.33M(49.6%)
MAIN DESTINATION (October 2024)Germany€1.9M

This section shows Bandages'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 Bandages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$275M
IMPORTS (2023)$193M
NET TRADE (2023)$81.6M

In 2023, Belgium exported $275M in Bandages. The main destinations of Belgium exports on Bandages were France ($55.5M), Netherlands ($41.8M), Hungary ($33.7M), Germany ($21.2M), and Sweden ($17.7M).

In 2023, Belgium imported $193M in Bandages, mainly from Germany ($35.4M), Netherlands ($33.5M), Hungary ($31.3M), United States ($21M), and Czechia ($19M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Netherlands$13.9M (49.8%)
Hungary$6.58M (24.3%)
Italy$2.07M (14.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Belgium WERE (2022 - 2023):
Austria-$3.37M (-79.5%)
Germany-$2.57M (-10.8%)
India-$1.74M (-85.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Bandages were:
In 2023, Belgium's main importing competitors in Bandages were:

Explore Visualizations

Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19.8M
TOP IMPORT POTENTIALGermany+ $19.3M

Bandages’s highest export potential is Germany. With an export gap of $19.8M.   Bandages’s highest import potential is Germany with an import gap of $19.3M.

See methodology.

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