Footwear in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $4.27B in Footwear, making it the 7th largest exporter of Footwear in the world. At the same year, Footwear was the 18th most exported product in Belgium. The main destination of Footwear exports from Belgium are: France ($930M), Germany ($703M), Netherlands ($638M), Italy ($597M), and Spain ($304M).

The fastest growing export markets for Footwear of Belgium between 2021 and 2022 were Germany ($600M), France ($531M), and Netherlands ($404M).

Imports In 2022, Belgium imported $4.05B in Footwear, becoming the 11th largest importer of Footwear in the world. At the same year, Footwear was the 22nd most imported product in Belgium. Belgium imports Footwear primarily from: Vietnam ($1.21B), China ($906M), Germany ($430M), Indonesia ($381M), and Netherlands ($292M).

The fastest growing import markets in Footwear for Belgium between 2021 and 2022 were Vietnam ($485M), China ($295M), and Indonesia ($184M).

COMPANIES In 2023, leading companies such as Boeing (117) were at the forefront of shipping Footwear from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Footwear exports accounted up to €57.8M and imports accounted up to €59.5M, resulting in a negative trade balance of €1.68M. Between December 2022 and December 2023 the exports of Belgium's Footwear have decreased by €-392M (-87.2%) from €450M to €57.8M, while imports decreased by €-14.1M (-19.1%) from €73.6M to €59.5M.

Destinations In December 2023, Footwear were exported mostly to France (€20.9M), Spain (€10.1M), Italy (€7.61M), Portugal (€4.64M), and Germany (€4.23M), and were imported mostly from Germany (€14.9M), Netherlands (€11.3M), France (€9.14M), Italy (€7.61M), and China (€3.74M).

Growth In December 2023, the decrease in Footwear's year-by-year exports was explained primarily by a decrease in exports to Canada (€-2.21M or -40.1%), United States (€-194k or -51.4%), and Sweden (€-174k or -41.5%). In December 2023, the decrease in Footwear's year-by-year imports was explained primarily by a decrease in imports from Indonesia (€-650k or -79.8%), Bangladesh (€-423k or -44.5%), and Czechia (€-285k or -22.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-392M(-87.2%)

IMPORT GROWTH (December 2022 - December 2023)€-14.1M(-19.1%)

MAIN DESTINATION (December 2023)France€20.9M

This section shows Footwear'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 Footwear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.27B

IMPORTS (2022)$4.05B

NET TRADE (2022)$219M

In 2022, Belgium exported $4.27B in Footwear. The main destinations of Belgium exports on Footwear were France ($930M), Germany ($703M), Netherlands ($638M), Italy ($597M), and Spain ($304M).

In 2022, Belgium imported $4.05B in Footwear, mainly from Vietnam ($1.21B), China ($906M), Germany ($430M), Indonesia ($381M), and Netherlands ($292M).

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