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Pricing

2022
Exports $21.5MWorld Rnk 14 / 121
Flag Rnk 732 / 1213
2022
Destination $1.71M Italy
2021 - 2022
FASTEST GROWING MARKET $1.71MItaly
2022
PRODUCT COMPLEXITY IN Combed Wool or Animal Hair Fabric0.42Rnk 397 / 1025
2022
Imports $12MWorld Rnk 33 / 169
Flag Rnk 924 / 1214
2022
Origin $1.46M Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.46MItaly
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $21.5M in Combed Wool or Animal Hair Fabric, making it the 14th largest exporter of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 732nd most exported product in Belgium. The main destination of Combed Wool or Animal Hair Fabric exports from Belgium are: Italy ($4.72M), United States ($2.58M), China ($1.53M), South Korea ($1.37M), and Japan ($1.36M).

The fastest growing export markets for Combed Wool or Animal Hair Fabric of Belgium between 2021 and 2022 were Italy ($1.71M), Vietnam ($231k), and United Kingdom ($196k).

Imports In 2022, Belgium imported $12M in Combed Wool or Animal Hair Fabric, becoming the 33rd largest importer of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 924th most imported product in Belgium. Belgium imports Combed Wool or Animal Hair Fabric primarily from: Italy ($5.51M), United Kingdom ($4.12M), Netherlands ($641k), Germany ($601k), and France ($345k).

The fastest growing import markets in Combed Wool or Animal Hair Fabric for Belgium between 2021 and 2022 were Italy ($1.46M), United Kingdom ($1.4M), and France ($234k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Combed Wool or Animal Hair Fabric exports accounted up to €259k and imports accounted up to €5, resulting in a positive trade balance of €259k. Between May 2023 and May 2024 the exports of Belgium's   Combed Wool or Animal Hair Fabric have decreased by €-2.51M (-90.7%) from €2.77M to €259k, while imports decreased by €-1.18M (-100%) from €1.18M to €5.

Destinations In May 2024, Combed Wool or Animal Hair Fabric were exported mostly to China (€150k), United Arab Emirates (€30.9k), Switzerland (€27.7k), Czechia (€19.1k), and Canada (€14.9k), and were imported mostly from China (€5).

Growth In May 2024, the decrease in Combed Wool or Animal Hair Fabric's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (€-10.5k or -20.8%), Singapore (€-6.58k or -31.8%), and Vietnam (€-3.93k or -19.3%). In May 2024, the decrease in Combed Wool or Animal Hair Fabric's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-94.3k or -34.7%), Germany (€-55.6k or -45.2%), and Netherlands (€-5.34k or -31.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-2.51M(-90.7%)
IMPORT GROWTH (May 2023 - May 2024)€-1.18M(-100%)
MAIN DESTINATION (May 2024)China€150k

This section shows Combed Wool or Animal Hair Fabric'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 Combed Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.5M
IMPORTS (2022)$12M
NET TRADE (2022)$9.51M

In 2022, Belgium exported $21.5M in Combed Wool or Animal Hair Fabric. The main destinations of Belgium exports on Combed Wool or Animal Hair Fabric were Italy ($4.72M), United States ($2.58M), China ($1.53M), South Korea ($1.37M), and Japan ($1.36M).

In 2022, Belgium imported $12M in Combed Wool or Animal Hair Fabric, mainly from Italy ($5.51M), United Kingdom ($4.12M), Netherlands ($641k), Germany ($601k), and France ($345k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combed Wool or Animal Hair Fabric EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$1.71M (56.5%)
Vietnam$231k (175%)
United Kingdom$196k (38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combed Wool or Animal Hair Fabric BY Belgium WERE (2021 - 2022):
United States-$1.82M (-41.3%)
South Korea-$810k (-37.1%)
China-$452k (-22.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Combed Wool or Animal Hair Fabric were:
Italy $786M
China $262M
United Kingdom $117M
In 2022, Belgium's main importing competitors in Combed Wool or Animal Hair Fabric were:
China $207M
Turkey $114M
Italy $114M

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Trade Value of Combed Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $981k
TOP IMPORT POTENTIALGermany+ $654k

Combed Wool or Animal Hair Fabric’s highest export potential is Germany. With an export gap of $981k.   Combed Wool or Animal Hair Fabric’s highest import potential is Germany with an import gap of $654k.

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