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2022
Exports $128MWorld Rnk 1 / 133
Flag Rnk 395 / 1213
2022
Destination $2.68M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $2.68MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Felt Carpets0.3Rnk 450 / 1025
2022
Imports $16.6MWorld Rnk 12 / 196
Flag Rnk 860 / 1214
2022
Origin $920k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $920kFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $128M in Felt Carpets, making it the 1st largest exporter of Felt Carpets in the world. At the same year, Felt Carpets was the 395th most exported product in Belgium. The main destination of Felt Carpets exports from Belgium are: United Kingdom ($24.3M), Germany ($18.8M), France ($12.7M), Poland ($10.1M), and Spain ($8.83M).

The fastest growing export markets for Felt Carpets of Belgium between 2021 and 2022 were United Kingdom ($2.68M), Germany ($2.54M), and Spain ($1.97M).

Imports In 2022, Belgium imported $16.6M in Felt Carpets, becoming the 12th largest importer of Felt Carpets in the world. At the same year, Felt Carpets was the 860th most imported product in Belgium. Belgium imports Felt Carpets primarily from: Netherlands ($7.6M), United Kingdom ($2.46M), Czechia ($1.61M), Poland ($1.54M), and France ($1.44M).

The fastest growing import markets in Felt Carpets for Belgium between 2021 and 2022 were France ($920k), Serbia ($698k), and Italy ($141k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Felt Carpets exports accounted up to €1.66M and imports accounted up to €59.7k, resulting in a positive trade balance of €1.6M. Between May 2023 and May 2024 the exports of Belgium's   Felt Carpets have decreased by €-9.25M (-84.8%) from €10.9M to €1.66M, while imports decreased by €-1.35M (-95.8%) from €1.41M to €59.7k.

Destinations In May 2024, Felt Carpets were exported mostly to Switzerland (€435k), United Arab Emirates (€421k), Czechia (€362k), Canada (€137k), and Austria (€95.9k), and were imported mostly from China (€52.6k) and Czechia (€7.06k).

Growth In May 2024, the decrease in Felt Carpets's year-by-year exports was explained primarily by a decrease in exports to Poland (€-304k or -32.5%), United Arab Emirates (€-118k or -29.1%), and New Zealand (€-104k or -81.1%). In May 2024, the decrease in Felt Carpets's year-by-year imports was explained primarily by a decrease in imports from Poland (€-81.1k or -69.8%), United Kingdom (€-18.5k or -12.7%), and France (€-2.08k or -6.25%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-9.25M(-84.8%)
IMPORT GROWTH (May 2023 - May 2024)€-1.35M(-95.8%)
MAIN DESTINATION (May 2024)Switzerland€435k

This section shows Felt 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 Felt Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$128M
IMPORTS (2022)$16.6M
NET TRADE (2022)$112M

In 2022, Belgium exported $128M in Felt Carpets. The main destinations of Belgium exports on Felt Carpets were United Kingdom ($24.3M), Germany ($18.8M), France ($12.7M), Poland ($10.1M), and Spain ($8.83M).

In 2022, Belgium imported $16.6M in Felt Carpets, mainly from Netherlands ($7.6M), United Kingdom ($2.46M), Czechia ($1.61M), Poland ($1.54M), and France ($1.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Carpets EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United Kingdom$2.68M (12.4%)
Germany$2.54M (15.6%)
Spain$1.97M (28.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Carpets BY Belgium WERE (2021 - 2022):
Chile-$553k (-50.6%)
Ukraine-$480k (-53.4%)
Austria-$333k (-32.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Felt Carpets were:
Netherlands $128M
China $49.3M
In 2022, Belgium's main importing competitors in Felt Carpets were:
Germany $121M
United States $61.5M
United Kingdom $44.5M

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Trade Value of Felt Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.12M
TOP IMPORT POTENTIALFrance+ $597k

Felt Carpets’s highest export potential is Germany. With an export gap of $5.12M.   Felt Carpets’s highest import potential is France with an import gap of $597k.

See methodology.

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