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2022
Exports $260MWorld Rnk 2 / 79
Flag Rnk 249 / 1213
2022
Destination $29.7M India
2021 - 2022
FASTEST GROWING MARKET $29.7MIndia
2022
PRODUCT COMPLEXITY IN Flax Fibers0.46Rnk 377 / 1025
2022
Imports $171MWorld Rnk 2 / 168
Flag Rnk 387 / 1214
2022
Origin $33.1M France
2021 - 2022
FASTEST GROWING ORIGIN $33.1MFrance
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $260M in Flax Fibers, making it the 2nd largest exporter of Flax Fibers in the world. At the same year, Flax Fibers was the 249th most exported product in Belgium. The main destination of Flax Fibers exports from Belgium are: India ($87.1M), China ($76.8M), France ($28.9M), Netherlands ($16.7M), and Turkey ($8.97M).

The fastest growing export markets for Flax Fibers of Belgium between 2021 and 2022 were India ($29.7M), Italy ($1.36M), and Hong Kong ($1.21M).

Imports In 2022, Belgium imported $171M in Flax Fibers, becoming the 2nd largest importer of Flax Fibers in the world. At the same year, Flax Fibers was the 387th most imported product in Belgium. Belgium imports Flax Fibers primarily from: France ($155M), Netherlands ($6.39M), Egypt ($1.95M), Poland ($1.53M), and India ($1.52M).

The fastest growing import markets in Flax Fibers for Belgium between 2021 and 2022 were France ($33.1M), Netherlands ($1.11M), and Latvia ($267k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Flax Fibers exports accounted up to €60.2M and imports accounted up to €21.9M, resulting in a positive trade balance of €38.2M. Between July 2023 and July 2024 the exports of Belgium's   Flax Fibers have increased by €23.9M (66.1%) from €36.2M to €60.2M, while imports increased by €8.06M (58.1%) from €13.9M to €21.9M.

Destinations In July 2024, Flax Fibers were exported mostly to China (€38.2M), India (€9.37M), France (€6.02M), Netherlands (€992k), and Bangladesh (€763k), and were imported mostly from France (€20.6M), Netherlands (€969k), Egypt (€169k), United Kingdom (€84.3k), and Spain (€67k).

Growth In July 2024, the increase in Flax Fibers's year-by-year exports was explained primarily by an increase in exports to India (€4.09M or 58.6%), France (€1.4M or 38.3%), and Turkey (€675k or 140%). In July 2024, the increase in Flax Fibers's year-by-year imports was explained primarily by an increase in imports from France (€5.47M or 45.5%), Netherlands (€351k or 93.7%), and Russia (€45.5k or 32.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€23.9M(66.1%)
IMPORT GROWTH (July 2023 - July 2024)€8.06M(58.1%)
MAIN DESTINATION (July 2024)China€38.2M

This section shows Flax Fibers'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 Flax Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$260M
IMPORTS (2022)$171M
NET TRADE (2022)$89.9M

In 2022, Belgium exported $260M in Flax Fibers. The main destinations of Belgium exports on Flax Fibers were India ($87.1M), China ($76.8M), France ($28.9M), Netherlands ($16.7M), and Turkey ($8.97M).

In 2022, Belgium imported $171M in Flax Fibers, mainly from France ($155M), Netherlands ($6.39M), Egypt ($1.95M), Poland ($1.53M), and India ($1.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Fibers EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
India$29.7M (51.7%)
Italy$1.36M (52.5%)
Hong Kong$1.21M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Fibers BY Belgium WERE (2021 - 2022):
China-$39.4M (-33.9%)
France-$12.3M (-29.8%)
United States-$6.66M (-66.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Flax Fibers were:
France $660M
Italy $65.5M
In 2022, Belgium's main importing competitors in Flax Fibers were:
China $514M
India $124M

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Trade Value of Flax Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.94M
TOP IMPORT POTENTIALEgypt+ $551k

Flax Fibers’s highest export potential is Germany. With an export gap of $1.94M.   Flax Fibers’s highest import potential is Egypt with an import gap of $551k.

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