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2022
Exports $2.56MWorld Rnk 25 / 128
Flag Rnk 1030 / 1213
2022
Destination $546k France
2021 - 2022
FASTEST GROWING MARKET $546kGeorgia
2022
Imports $8.8MWorld Rnk 19 / 173
Flag Rnk 964 / 1214
2022
Origin $295k India
2021 - 2022
FASTEST GROWING ORIGIN $295kNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $2.56M in Cotton Waste, making it the 25th largest exporter of Cotton Waste in the world. At the same year, Cotton Waste was the 1030th most exported product in Belgium. The main destination of Cotton Waste exports from Belgium are: France ($757k), Georgia ($546k), United Kingdom ($528k), Portugal ($215k), and Italy ($156k).

The fastest growing export markets for Cotton Waste of Belgium between 2021 and 2022 were Georgia ($546k), France ($88.6k), and Spain ($29.3k).

Imports In 2022, Belgium imported $8.8M in Cotton Waste, becoming the 19th largest importer of Cotton Waste in the world. At the same year, Cotton Waste was the 964th most imported product in Belgium. Belgium imports Cotton Waste primarily from: India ($5.73M), Turkey ($1.18M), Costa Rica ($457k), Netherlands ($341k), and El Salvador ($258k).

The fastest growing import markets in Cotton Waste for Belgium between 2021 and 2022 were Netherlands ($295k), Pakistan ($231k), and Mauritius ($128k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Cotton Waste exports accounted up to €225 and imports accounted up to €2.9k, resulting in a negative trade balance of €2.67k. Between May 2023 and May 2024 the exports of Belgium's   Cotton Waste have decreased by €-98.8k (-99.8%) from €99k to €225, while imports decreased by €-86k (-96.7%) from €88.9k to €2.9k.

Destinations In May 2024, Cotton Waste were exported mostly to Switzerland (€225), and were imported mostly from Costa Rica (€2.7k) and China (€198).

Growth In May 2024, the decrease in Cotton Waste's year-by-year exports was explained primarily by a decrease in exports to Germany (€-25.9k or -99.1%), Spain (€-286 or -6.09%), and Sweden (€-12 or -21.4%). In May 2024, the decrease in Cotton Waste's year-by-year imports was explained primarily by a decrease in imports from Turkey (€-51.1k or -97.2%) and India (€-12.8k or -90.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-98.8k(-99.8%)
IMPORT GROWTH (May 2023 - May 2024)€-86k(-96.7%)
MAIN DESTINATION (May 2024)Switzerland€225

This section shows Cotton 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 Cotton Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.56M
IMPORTS (2022)$8.8M
NET TRADE (2022)-$6.24M

In 2022, Belgium exported $2.56M in Cotton Waste. The main destinations of Belgium exports on Cotton Waste were France ($757k), Georgia ($546k), United Kingdom ($528k), Portugal ($215k), and Italy ($156k).

In 2022, Belgium imported $8.8M in Cotton Waste, mainly from India ($5.73M), Turkey ($1.18M), Costa Rica ($457k), Netherlands ($341k), and El Salvador ($258k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton Waste EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Georgia$546k (1%)
France$88.6k (13.2%)
Spain$29.3k (47.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton Waste BY Belgium WERE (2021 - 2022):
Portugal-$460k (-68.1%)
Italy-$172k (-52.5%)
United Kingdom-$142k (-21.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Cotton Waste were:
Turkey $78.4M
India $61.5M
Pakistan $58.8M
In 2022, Belgium's main importing competitors in Cotton Waste were:
Germany $55.7M
Turkey $38.3M
France $33.5M

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Trade Value of Cotton Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $284k
TOP IMPORT POTENTIALGermany+ $234k

Cotton Waste’s highest export potential is France. With an export gap of $284k.   Cotton Waste’s highest import potential is Germany with an import gap of $234k.

See methodology.

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